2026 IBS
 
Register by Feb. 14 to Avoid Onsite Pricing in Orlando. Register now
 

NAHB Mourns the Passing of Former Senate Majority Leader Harry Reid

Published

NAHB is mourning the passing of former Senate Majority Leader Harry Reid, Nevada’s longest-serving senator, who died yesterday after battling pancreatic cancer. He was 82.

“Throughout his long and distinguished career in the U.S. Congress, former Senate Majority Leader Reid always fought on behalf of working-class households,” said NAHB Chairman Chuck Fowke. “He knew that housing played a vital role in keeping the economy strong and helping American families secure a place in the middle class. As the nation was recovering from the Great Recession, Sen. Reid fought to extend the transaction deadline for the home buyer tax credit to ensure that all taking advantage of the credit could complete the purchase of their home. Sen. Reid was a giant in Nevada politics and the national political arena, and the housing community will sorely miss him.”

“Nevada has lost a giant of a man who never failed to put the people of his state first,” added 2011 NAHB Chairman Bob Nielsen, a home builder and developer from Reno. “A champion of affordable housing, Harry always made it a priority to maintain a close working relationship with Nevada home builders because he knew that housing plays a central role in American life and in our local communities. A true leader, from every corner of the great state of Nevada he was a defender of working-class families, and we will miss him dearly.”

Subscribe to NAHBNow

Log in or create account to subscribe to notifications of new posts.

Log in to subscribe

Latest from NAHBNow

IBS | Membership

Feb 10, 2026

Planning for IBS? Schedule a Stop at NAHB HQ

NAHB HQ has something for everyone. All registrants can participate in enrichment sessions, learn about NAHB membership, and network with attendees. NAHB members will have exclusive member-only areas with giveaways, snacks, charging areas, and more.

Advocacy

Feb 09, 2026

House Passes NAHB-Supported Major Housing Package

The House this evening approved the Housing for the 21st Century Act, a major bipartisan housing package that takes much-needed steps toward addressing our nation’s critical lack of housing.

View all

Latest Economic News

Economics

Feb 10, 2026

Credit Card Balances Rise in Q4 2025

Overall consumer credit continued to expand in the fourth quarter of 2025, with growth in both nonrevolving and revolving credit. Nonrevolving credit, primarily student and auto loans, accounts for 74% of total outstanding consumer credit, while revolving credit, largely credit card balances, makes up the remaining 26%.

Economics

Feb 10, 2026

Weaker Demand, Unchanged Lending Conditions for Residential Mortgages in Fourth Quarter

Lending standards for most types of residential mortgages were essentially unchanged but overall demand was weaker in the fourth quarter of 2025, according to the recent release of the Senior Loan Officer Opinion Survey (SLOOS).

Economics

Feb 09, 2026

Lower Rates Lift Mortgage Activity at Start of the Year

Mortgage application activity rose sharply in January, driven primarily by a surge in refinancing activity as mortgage rates declined to a new low. The Mortgage Bankers Association’s (MBA) Market Composite Index, a measure of total mortgage application volume, increased 12.9% from December on a seasonally adjusted basis and was 61.3% higher than a year earlier.