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Supply Constraints Hinder Sales and Affordability

Filed in Business Management, Economics by on August 3, 2018 4 Comments
Supply Constraints Hinder Sales and Affordability

A dearth of inventory has resulted in price growth, making prospective home buyers more cautious about a potential purchase.

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Maryland Remodeler Grows Business Through Balanced Communication

Filed in Awards, Business Management, Remodelers by on July 24, 2018 0 Comments
Maryland Remodeler Grows Business Through Balanced Communication

Savvy business owners know that to achieve and maintain success, it’s essential to continually adapt to evolving markets. Someone who knows this as well as anyone is the latest NAHB Remodeler of the Month.

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Remodeling Awards Honor Professionals and Boost Businesses

Filed in Awards, Remodelers by on July 20, 2018 1 Comment
Remodeling Awards Honor Professionals and Boost Businesses

Whether your “wheelhouse” is first-class customer service, superior design or charitable initiatives, earning recognition for your achievements with an NAHB Remodelers annual award can have long-term benefits.

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Why the ‘Fear of Missing Out’ is the Best Motivator

Why the ‘Fear of Missing Out’ is the Best Motivator

Companies are spending millions of dollars these days on research to more fully understand consumer behavior. Their findings reveal not only how to better influence their customers, but also how to better motivate their employees — especially the sales staff.

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2.4 Million Millennial-led Households are Missing

Filed in Economics by on July 13, 2018 8 Comments
2.4 Million Millennial-led Households are Missing

Just 40% of young adults led their own household in 2016, and that number has been dropping steadily since 2000 (46%). While all age groups recorded continuous declines of headship rates between 2000 and 2016, none saw a faster drop than the 25-to-34 year olds.

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Geo-Farming: A Ticket to More Qualified Leads

Filed in Remodelers, Sales & Marketing by on July 3, 2018 2 Comments
Geo-Farming: A Ticket to More Qualified Leads

Running newspaper ads, putting up billboards and posting fliers is sooo 20th century. So for its annual Remodeled Tour of Homes, the MBA of Pierce County took advantage of a new-age marketing strategy and saw great results.

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Nearly One-Third of Multifamily Development Costs Stem From Regulations

Nearly One-Third of Multifamily Development Costs Stem From Regulations

Regulation imposed by all levels of government accounts for an average of more than 32% of multifamily development costs, according to new research released today by NAHB and the National Multifamily Housing Council.

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Staying Small Yields Big Results for Tulsa Remodeler

Filed in Awards, Business Management, Remodelers by on May 30, 2018 0 Comments
Staying Small Yields Big Results for Tulsa Remodeler

A woodworking hobby developed into a fruitful remodeling career for Ken Saltink, owner of All American Remodel in Tulsa, Okla., and the NAHB Remodeler of the Month for May.

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‘Smart Neighborhoods’ Take Efficiency to the Next Level

Filed in Environmental by on May 29, 2018 0 Comments
‘Smart Neighborhoods’ Take Efficiency to the Next Level

Just outside of Birmingham, Ala., Signature Homes recently completed a 62-home development called Reynolds Landing — the first “smart neighborhood” in the state and the first community in the Southeast to be entirely supported by a solar microgrid.

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Builders Say Lumber Tops Labor as Biggest Challenge

Filed in Business Management, Economics, Trade by on May 25, 2018 5 Comments
Builders Say Lumber Tops Labor as Biggest Challenge

In his bi-weekly overview of the housing market, NAHB’s chief economist describes the most serious headwind facing housing markets today: the escalation of framing lumber prices — up 59% since the start of 2017.

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