National Housing Center to Induct Jerry Howard into Housing Hall of Fame
This post has been updated.
The National Housing Center (NHC) Board of Governors has announced a 2024 National Housing Hall of Fame Special Induction, in which former NAHB president and CEO Jerry Howard will be inducted into the 2024 Hall of Fame.
The National Housing Hall of Fame recognizes individuals whose spirit, ingenuity and determination have changed the nation's housing for the better, and whose contributions to the housing industry have enduring value on a national or global scale.
The installation ceremony will take place during the 2024 International Builders’ Show, on Saturday, Feb. 24, immediately following the Board of Directors Meeting at the Las Vegas Convention Center in North 114 in Las Vegas, which will also be available via livestream. A reception will follow from 5-6 p.m. PT at the Encore in Brahms 3-4.
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For the first time since 2022, the share of new homes with two-story foyers increased, according to the Census Bureau's Survey of Construction (SOC). Despite the increase, the market share of two-story foyers has generally trended downward since 2017, with most new single-family homes being built without a two-story foyer both nationally and regionally.
Mortgage rates rose sharply in September as multiple factors applied significant upward pressure on U.S. treasury bond yields, a key factor in mortgage rates.
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Mortgage application activity declined as the 30-year fixed mortgage rate rose sharply. The Mortgage Bankers Association’s (MBA) Market Composite Index, a measure of total mortgage application volume, decreased 7.7% month-over-month in September on a seasonally adjusted basis. Compared to a year ago, total mortgage applications were lower by 35.4%.
Mortgage rates rose sharply in September as multiple factors applied significant upward pressure on the U.S. treasury yields. According to Freddie Mac, the 30-year fixed-rate mortgage averaged 6.86% in September, up nearly 20 basis points (bps) from August.
In 2025, around a quarter of new homes were built with a two-story foyer, slightly up from 2024, according to data obtained from the Census Bureau’s Survey of Construction (SOC) and tabulated by NAHB.