Category Archives: Home Building

FOLLOW THE 55+ MONEY

The data and the dollars say that while home buyers age 35 and younger demand attention, it’s the 55 and older group that demand the love. By John McManus There are 3,143 counties (or equivalent regional districts) in the United … Continue reading

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THE DEBATE RAGES ON: WHY BUY VS. RENT?

Is homeownership the right thing for everybody? Absolutely not. Is it the right thing for some households who are currently renting? Absolutely. Should every renter be looking for the first opportunity to buy a home? No. This is all logical. … Continue reading

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Instagram Best Practices for Small Business Owners

Instagram is becoming more and more popular for marketing businesses. According to eMarketer, 32.3% of U.S. companies with 100 employees or more use Instagram, and that number is expected to jump to 48.8% in 2016 and to 70.7% in 2017—edging … Continue reading

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U.S. Housing Starts Surge 10.5% in November

Builders are stepping up home construction broadly across the U.S., suggesting the housing market will help anchor the economy amid global turbulence and a likely rise in interest rates. Builders broke ground on 1.173 million units, when calculated at a … Continue reading

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Top 10 NCHBA Actions to Benefit Our Members in 2015

The North Carolina Home Builders Association works diligently to protect the interests of the home building industry. To summarize our most important work in 2015, we have compiled a document entitled “Top 10 NCHBA Actions to Benefit Our Members in … Continue reading

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NEW HOME DEMAND UP IN 66% OF METROSTUDY MARKETS

Our October collection of new home and building lot demand in Metrostudy’s 36 markets indicates that typical seasonal decline continues in the majority of markets, but inventory in the pipeline appears stable, and the pace of starts continues to climb. … Continue reading

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BACK OF THE ENVELOPE THINKING

There are so many myths about what home buyers won’t pay for. And I’ll submit that too many of these myths are based on ineffective sales practices personally observed over the past 25 years working with the housing industry. If … Continue reading

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Lawmaker looks at proposal to ship water from Alaska to parched California

A proposal to ship 9 billion of gallons of water a year from Alaska to drought-plagued California caught the eye of U.S. Rep. Janice Hahn, D-Calif., who calls it “an idea worth exploring.” After reading about the concept in USA TODAY in … Continue reading

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Producer Prices in August …Dow

The Bureau of Labor Statistics (BLS) released the Producer Price Indexes (PPI) for August. Inflation in prices received by producers (prior to sales to consumers) were unchanged in August following a 0.2% increase in July. Separately, a 0.4% increase in prices … Continue reading

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HUD Secretary Cites Importance of Home Building, Seeks to Expand Housing Credit

HUD Secretary Julian Castro cited the importance of home building to the economy in an address today to the NAHB Board of Directors in Dallas. “Builders are part of our nation’s economic backbone,” said Castro. “You always have been. And HUD … Continue reading

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