Category Archives: Home Building

WHERE ARE THE HOME BUYERS

Single-family home sales fell dramatically from almost 7 million at the peak in 2005, to 4 million in 2010. Since the trough, sales have risen to 4.9 million in 2013. Assuming the late 1990s and early 2000s exhibited a more … Continue reading

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GREEN BUILDERS MUST BATTLE FOR FAIR MARKET VALUATION

Across the country appraisal companies and lenders have been slow to acknowledge builders, buyers, and owners of high-performance homes. Many builders are fed up with a financing system that doesn’t put enough value on sustainable features and the savings they … Continue reading

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NEW STUDY TIES MAN-MADE ENVIRONMENTAL HAZARDS TO HOME PRICE APPRECIATION TRENDS IN MARKETS

RealtyTrac has released its first report ranking all U.S. counties based on the prevalence of man-made environmental hazards. “Somewhat surprisingly, short-term home price appreciation over the past year and five years is stronger in the 50 housing markets with the … Continue reading

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Builder Confidence Hits Highest Level Since November 2005

Builder confidence in the market for newly built, single-family homes rose for a fourth consecutive month in September to a level of 59 on the NAHB/Wells Fargo Housing Market Index (HMI), released today.  This latest four-point gain brings the index … Continue reading

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More Money, Fewer Problems?

Long before recent talks about increasing minimum wage, Henry Ford doubled the daily salary of his assembly line workers. This extraordinary move created happy employees, lowered turnover, and saved rehiring and retraining costs. Would we see the same result with … Continue reading

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IS THE MCMANSION ON ITS WAY OUT?

In 2000, the average new apartment built in the U.S. measured 1,003 square feet, according to Dallas-based research firm Axiometrics. By 2010, that square footage shrunk to 976. It wasn’t a huge decline, but after three decades of growth, the … Continue reading

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Where is the Housing Market Headed?

Sustained job growth, affordable home prices, low mortgage rates and a rebound in consumer, small business and builder confidence will help the housing market continue to show modest improvement and better production levels in the months ahead, according to NAHB … Continue reading

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WSJ: Where Have All the First-Time Home Buyers Gone?

First-time home buyers aren’t playing as big a role in the housing market as they did a few years ago, when lower prices and a big tax credit lured them to the market. But when it comes to homes financed by … Continue reading

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Due diligence during the buying process will ensure a quality home

The purchase of a new home is an exciting endeavour. Due diligence during the buying process will ensure a quality home that your family will enjoy for many years. The first step is to choose an area that suits your … Continue reading

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Home builders’ confidence in housing market up for third month in a row

Home builders gained more confidence in the housing market in August, the third consecutive month of gains in an index measuring current sales and expectations for the future. The National Association of Home Builders/Wells Fargo Housing Market Indexrose 2 points to 55, its … Continue reading

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