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

Feb 20, 2026

NAHB Announces Best of IBS Winners at International Builders’ Show

The National Association of Home Builders (NAHB) named the winners of its 13th annual Best of IBS™ Awards during the NAHB International Builders’ Show® (IBS) in Orlando. The awards were presented during a ceremony held on the final day of the show.

Sponsored Content

Feb 20, 2026

How Land Developers are Leveraging AI to Move Faster

AI is helping today's leading land development teams operate differently. By connecting data across ownership, zoning, infrastructure, and development activity, AI can surface early signals of opportunity and support faster, more informed go/no-go decisions

View all

Latest Economic News

Economics

Feb 20, 2026

New Home Sales Close 2025 with Modest Gains

New home sales ended 2025 on a mixed but resilient note, signaling steady underlying demand despite ongoing affordability and supply constraints. The latest data released today (and delayed because of the government shutdown in fall of 2025) indicate that while month-to-month activity shows a small decline, sales remain stronger than a year ago, signaling that buyer interest in newly built homes has improved.

Economics

Feb 20, 2026

U.S. Economy Ends 2025 on a Slower Note

Real GDP growth slowed sharply in the fourth quarter of 2025 as the historic government shutdown weighed on economic activity. While consumer spending continued to drive growth, federal government spending subtracted over a full percentage point from overall growth.

Economics

Feb 19, 2026

Delinquency Rates Normalize While Credit Card and Student Loan Stress Worsens

Delinquent consumer loans have steadily increased as pandemic distortions fade, returning broadly to pre-pandemic levels. According to the latest Quarterly Report on Household Debt and Credit from the Federal Reserve Bank of New York, 4.8% of outstanding household debt was delinquent at the end of 2025, 0.3 percentage points higher than the third quarter of 2025 and 1.2% higher from year-end 2024.