The National Association of Home Builders (NAHB) recently released their 2015 Construction Cost Survey conducted in August of 2015). NAHB’s 2015 construction cost survey was conducted by emailing a questionnaire to a representative sample of 4,090 home builders. The sample was stratified by size of the builder (based on number…
Two articles caught my attention today. The first was a blog post by National Association of Home Builders economist Robert Dietz titled “Single Family Home Size: Flat Trends”. Mr. Dietz reported that according to third quarter 2015 data from the Census Quarterly Starts and Completions by Purpose and Design and…
Homeownership is the Foundation of the American Dream. • For many people, owning a home is part of their American Dream. Homeownership builds stronger communities, provides a solid foundation for family and personal achievement and improves the quality of life for millions of people. It is truly the cornerstone of…
According to recently released data from HUD and the U.S. Census Bureau, sales of newly built, single-family homes rose 2.2 percent to a seasonally adjusted annual rate of 546,000 units in May. This is the highest new-home sales rate since February 2008. The National Association of Realtors reported that the…
Once again we need your help to reverse the onerous “waters of the U.S” rule that was recently finalized by the EPA and Army Corps (the agencies). You were instrumental in the passage of H.R. 1732 in the House of Representatives in May, and again we need you to help…
Whether you’re raising a young family or beginning to enjoy an empty nest, the design of your home should meet your changing needs. Families looking to customize their homes to suit their lifestyles both now and in the future can easily implement universal design techniques. Universal design is the design of…
Houzz Survey: See the Latest Benchmarks on Remodeling Costs and More
A recent survey of 503 Millennials (people ages 25 to 34 including 203 current homeowners and 300 individuals who plan to buy a house within 12 months) reveals that Millennial home buyers are interested in maximizing space and affordability while maintaining a level of community found in urban environments, and…
According to Realtor.com’s Chief Economist, Jonathan Smoke , buying a home now could save you more than $200,000 over the next 30 years. But buying a home costs money – the down payment, the monthly mortgage payment, the taxes, the insurance, and the maintenance. It enough to make you put…
Prices of newly built homes are on the rise again, illustrating that home builders are grappling with the same supply-and-demand problems bedeviling the existing home market. New-home prices, which appeared to lose momentum over the past year, actually have caught a second wind of late. New Commerce Department figures show…
