Home Building

Prospective Home Buyers Sidelined by Availability, Affordability

Prospective Home Buyers Sidelined by Availability, Affordability

The average home size, at 2,622 square feet in 2016, was essentially unchanged in 2017, averaging 2,627 square feet. Forty-six percent had four bedrooms or more compared to 45% in 2016; 37% had three full baths or more compared to 35 percent in 2016. Meanwhile, Americans continue to remodel, renovate and DIY at a fast clip.

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Las Vegas Builder Named NAHB Custom Home Builder of the Year

The NAHB Custom Home Builders Committee on Wednesday named Stephen S. Jones, founder and CEO of Merlin Contracting & Developing LLC in Las Vegas, the Custom Home Builder of the Year.

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Survey: More NAHB Member Homes Eligible for NGBS Certification as Builders Go Green

Survey: More NAHB Member Homes Eligible for NGBS Certification as Builders Go Green

A newly released NAHB survey shows that as builders ramp up their green building practices, more of their homes could be certified to the ANSI-approved National Green Building Standard.

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New Home Sales Hit Post-Recession High in November

Filed in Economics, Home Building by on December 22, 2017 0 Comments
New Home Sales Hit Post-Recession High in November

Sales of newly built single-family homes in November rose 17.5% to a seasonally adjusted annual rate of 733,000 units from a downwardly revised October reading, according to newly released data from HUD and the U.S. Census Bureau. This is the highest sales pace since July 2007.

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Single-Family Starts Rise in Line with Builder Confidence

Filed in Economics, Home Building, Multifamily by on December 19, 2017 0 Comments
Single-Family Starts Rise in Line with Builder Confidence

Nationwide housing starts rose 3.3% in November to a seasonally adjusted annual rate — and post-recession high — of 1.297 million units after a downwardly revised October reading, according to newly released data from HUD and the Commerce Department.

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Builder Confidence Ends 2017 on a High Note

Filed in Economics, Home Building by on December 18, 2017 0 Comments
Builder Confidence Ends 2017 on a High Note

Builder confidence in the market for newly built single-family homes increased five points to 74 in December on the NAHB/Wells Fargo Housing Market Index after a downwardly revised November reading. This was the highest report since July 1999, over 18 years ago.

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RSVP Today to Tour Cutting-Edge Homes at IBS

RSVP Today to Tour Cutting-Edge Homes at IBS

Once you’ve hit the show floor at the International Builders’ Show Jan. 9-11, make sure you hit the road with NAHB’s unique home tours. Buses will leave each morning, taking you on one of four tours throughout Orlando to see the latest features, trends and methods in real homes and real context. Tickets are required for all tours and going fast, so sign up quickly.

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Production Builder Executive Club Returns to IBS

Filed in Home Building, International Builders' Show by on December 12, 2017 0 Comments
Production Builder Executive Club Returns to IBS

The NAHB Production Builder Executive Club, a VIP luxury networking and programming lounge at the International Builders’ Show, returns to the Orange County Convention Center in 2018. At the 2017 show, more than 500 production builder executives from 200 companies took advantage of this comfortable, convenient IBS space.

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How Construction Costs, Lot Prices Impacted Sales in 2017

Filed in Economics, Home Building by on December 11, 2017 1 Comment
How Construction Costs, Lot Prices Impacted Sales in 2017

According to a recent NAHB survey of home builders, construction costs account for 55.6% of the final sales price of the average new home.

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Vision of Two NAHB Builders Becoming Reality

Filed in Home Building, Membership by on November 27, 2017 1 Comment
Vision of Two NAHB Builders Becoming Reality

The first design-build collaboration between NAHB members Mark Batson, owner of Tongue & Groove custom home builders in Wilmington, N.C.,  and Phil Kean, owner of Phil Kean Design Group in Winter Park, Fla., is making significant progress.

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