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Category Archives: Uncategorized
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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Builder Confidence Rises Two Points in August
Builder confidence in the market for newly built, single-family homes rose two points to 55 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) for August, released today. This third consecutive monthly gain brings the index to … Continue reading
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MAKING SAFETY PAY OFF FOR YOU
Creating a safe workplace is not only the right thing to do. It is also a smart financial move. It saves the costs that can result from workers’ injuries and avoids penalties that can be imposed by the Occupational Safety … Continue reading
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Housing Answers the Call
Housing Answers the Call Looking back, American production housing has responded to the times. Whether it was war, recession, urban flight, energy shortages, or consumers’ desire for more space, the industry always has provided adaptable, sustainable, and affordable solutions. Click through … Continue reading
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Affordability Pyramid Shows Housing Market is Bottom Heavy
At the base of the market for housing is a large number of households with relatively modest incomes. The homes that these households can afford are also relatively modest. As the price of a home goes up, there are fewer … Continue reading
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Who is the new First time home buyer
In 2013, the typical first-time homebuyer was 31 years old, according to the National Association of Realtorsi. Panelists were asked for their expectations regarding the median first-time homebuyer age over the next decade as Millennials reach their prime home-buying years. … Continue reading
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