Podcast: Member Activation on Important Building Code Legislation
In the latest episode of NAHB’s podcast, Housing Developments, CEO Jim Tobin and SVP Paul Lopez discuss an important bipartisan bill up for a vote in Congress that would give home builders and local governments flexibility in rebuilding after natural disasters. NAHB is encouraging members to contact their representatives and urge them to vote for the bill.
Jim and Paul also discuss the broader economy and the increasing likelihood of the Federal Reserve getting its “soft landing.” And on the heels of the winter Board of Directors meeting, the two talk about some recent changes at NAHB under a new strategic plan and organizational restructuring.
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Total tax revenue collected by state and local governments was up 5.8% from a year ago in the second quarter, according to the Quarterly Summary of State and Local Government Tax Revenue published by the U.S. Census Bureau. This was the highest year-over-year growth since the third quarter of 2024 (7.2%).
New home sales improved in August, but the monthly gain masked continued weakness in the broader new-home market. Elevated mortgage rates and ongoing affordability challenges continue to constrain demand, with new home sales remaining below last year’s pace and year-to-date sales lower than in 2025.
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