As I noted in my previous blogs, during the Building Contractors Association of Southwestern Idaho Political Action Committee interviews of candidates for public office, the majority of the candidates cited the lack of affordable housing as one of major the issues facing us. But we are not alone. An August…
As I noted in my last blog, during the Building Contractors Association of Southwestern Idaho Political Action Committee interviews of candidates for public office, the majority of the candidates cited the lack of affordable housing as one of major the issues facing us. During the discussions, a number of the…
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…
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…
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…
Are you ready to buy or build a new home? If so, you probably read all the news stories and predictions that the market has a long way to go before it starts to recover and that home prices will continue to fall for months or years to come. If…
Single-family housing starts in 2010 totaled 475,000 – a 7 percent increase over 2009 but still substantially below the 1,256,000 average starts per year from 1995 through 2003. .Think the decrease in demand for new home construction has resulted in lower prices for building materials. Think again. Prices for materials…
Think the decrease in demand for new home construction is resulting in lower prices for building materials. Think again. According to the September 16 producer price index (PPI) report by the U.S. Labor Department, prices for construction materials edged up 0.2% in August. Prices are 3.6% higher than one year…
The 2010 AVID Home Design Driver Research Survey showed that the majority of home buyers rated energy efficiency as a “Must Have” for their new homes. Although Boise and southwestern Idaho have some of the lowest power rates in the nation, home buyers still want their new homes to be…
