National Association Of Home Builders Of The U.S. (NAHB)

Definition of "National Association of Home Builders of the U.S. (NAHB)"

Keith Dobbs real estate agent

Written by

Keith Dobbselite badge icon

RE/MAX Dallas Suburbs

Founded in 1942 and located in Washington DC, the NAHB has 155,000 members with 824 local groups. Its membership consists of single, multifamily and commercial home builders. The NAHB serves as a public interest group to support legislation for the home building industry. The NAHB offers educational programs on a variety of topics of interest to the home building industry including construction and remodeling, mortgages, and management issues. It has two subsidiaries: the Home Builders Institute and the National Council of the Housing Industry. It also directs several councils including the National Commercial Builders Council, National Council of the Multifamily Housing Industry, National Remodelers Council and National Sales and Marketing Council.

image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Real Estate Terms

(1) Temporary and symbolic payment showing good faith and obligating two or more individuals until a final transaction takes place. The binder is typically returned if the final agreement ...

A cooperating broker or agent defines a real estate broker who helps another broker in a private property transaction. Typically, the cooperating broker represents the seller and is ...

A legally transferable debt instrument by which the issuer agrees to pay the payee within a certain time period. Note usually pay a specified rate of interest tied to the market rate of ...

(1) Type of loan where the final payment is substantially greater than the previous payments; also termed partially amortized loan. A debt agreement might stipulate a balloon payment when ...

Earthquake insurance is the type of insurance policy that specifically covers damages to your real estate caused by seismic activities. It can refer both to the rare coverage against ...

Latin: now for then. Descriptive of actions which are performed after a deadline has elapsed, but retroactively have the same effect as if they were carried out in a timely manner. For ...

(1) Methods that involve discounting the future cash flows generated by an income property. These techniques are used primarily for valuation. (2) Methods of selecting and ranking ...

Approach to appraise rental property based on anticipated future earnings to be derived from it plus the estimated selling price at the end of he period held. ...

Landowner's legal right to the water found on his property. For example, there might be a stream of water adjacent to the land. The water might be used for irrigation or other purposes. ...

Popular Real Estate Questions