Sales of new single-family homes are rebounding with a 6.4% increase in April to an adjusted annual rate of 433,000 units, according to the Commerce Department reports. This is the first upswing in new-home sales following two consecutive months of … Continue reading
Pat Grubb
The health of housing is key for the overall state of the U.S. economy and housing stands poised to serve as an engine of job growth with the right policies in place, the National Association of Home Builders (NAHB) told … Continue reading
A growing economy, pent-up demand, competitive mortgage rates and affordable home prices will keep housing on an upward path through 2015. However, several obstacles including tight consumer credit, shortage of lots and labor and rising material prices are hindering a … Continue reading
Groundbreaking on new single-family homes posted a 6 percent rise in March, showing a gradual strengthening in the sector — particularly in the Northeast and Midwest — according to new figures by the Commerce Department. On the other hand, the … Continue reading
The National Association of Realtors reports first-time buyers are a shrinking share of the market, only 27 percent of buyers, compared to 40 percent in more normal market. It’s not that young households don’t want to buy. It’s that desire … Continue reading
Seventy percent of baby boomers say that they house they live in when they retire will be the best home they’ve ever had, according to a survey conducted by Better Homes and Gardens Real Estate. What’s more, 57 percent say … Continue reading
This winter has been very long and cold and has impacted most of the country. Heating costs have risen 28 percent and in some areas of the country doubled in cost. While new homebuyers have been demanding energy-efficient homes for … Continue reading
Ice dams are a pervasive and damaging winter roofing problem caused by poor roof ventilation and a warm attic space. Left untreated, ice dams can cause serious damage to your roof, gutters, paint, insulation, drywall, structure and even contribute to … Continue reading
Subcontractors are an often over looked but essential part of the home building industry. Many outside the industry do not understand how large a part subcontractors have in the construction of a home. Home builders and remodelers subcontract a large … Continue reading
Homebuilders are finding that betting on green features could be the key to rescuing an ailing business. A new study finds that builders with energy-efficient and green home construction experience remained in business during the Great Recession at higher rates … Continue reading