Housing Trends

Top Features First-Time Home Buyers Want

Top Features First-Time Home Buyers Want

If first-time buyers had to choose (for the same amount of money) between a smaller house with high quality products/amenities and a bigger house with fewer amenities, 62% would opt for the former.  In other words, after about 2,000 square feet of space, most first-time buyers will derive more value from quality amenities than from size.

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Most Likely – And Unlikely – Features in a New Single-Family Home

Filed in Economics, Home Building, Housing Trends by on April 7, 2020 1 Comment
Most Likely – And Unlikely – Features in a New Single-Family Home

Nationwide survey reveals the most likely — and unlikely — features builders will include in the typical home they will build in 2020.

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Which States are Most Reliant on Immigrant Construction Workers?

Which States are Most Reliant on Immigrant Construction Workers?

Foreign-born workers now account for almost a quarter of workers in the construction industry, and close to 30% of construction tradesmen. In some states, reliance on foreign-born labor is even more pronounced.

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An Economic Update from NAHB’s Chief Economist

An Economic Update from NAHB’s Chief Economist

NAHB chief economist is forecasting an economic downturn in the second and third quarters. If social distancing and virus mitigation efforts are effective, the economy should begin the process of rebounding shortly thereafter.

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A Red-Blue Divide on Home Construction

Filed in Economics, Home Building, Housing Trends by on March 3, 2020 3 Comments
A Red-Blue Divide on Home Construction

Nearly two-thirds of multifamily construction in the fourth quarter of 2019 occurred in “blue counties” where Hillary Clinton garnered the most votes in the 2016 election, while nearly the same percentage of single-family home building took place in “red counties” where President Trump won. And momentum for continued single-family and multifamily construction continues in the red counties, according to the latest quarterly NAHB Home Building Geography Index (HBGI).

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Award-Winning Designs for Aging-in-Place Clients

Filed in Awards, Design, Housing Trends, Remodelers by on February 25, 2020 0 Comments
Award-Winning Designs for Aging-in-Place Clients

NAHB Remodelers recently announced the winners of its annual Homes for Life awards. The awards recognize exceptional remodeling projects that effectively incorporate aging-in-place and universal design.

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Labor Shortages Remain Top Concern for Builders

Filed in Economics, Home Building, Housing Trends by on February 20, 2020 5 Comments
Labor Shortages Remain Top Concern for Builders

More than four out of five builders – 85% – expect to face serious challenges regarding the cost and availability of labor this year, according to a recent survey of NAHB members.

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Millennials Will Dominate the Mortgage Market in 2020

Millennials Will Dominate the Mortgage Market in 2020

Experts predict markets in the South and West will experience the highest housing activity in 2020, as more millennials move out of big cities in search of more affordable areas.

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NAHB Identifies Top Features and Design Trends for 2020

Filed in Design, Housing Trends by on January 22, 2020 5 Comments
NAHB Identifies Top Features and Design Trends for 2020

Walk-in master bedroom closets, low-emissivity (low-e) windows and laundry rooms are the most likely features in typical new homes in 2020, based on a survey of single-family home builders. Energy-efficient features such as efficient lighting, programmable thermostats and ENERGY STAR appliances will also be likely, as will open design concepts such as great rooms and nine-plus-foot ceilings on the first floor.

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2 Full Bathrooms Most Common in New Home Construction

Filed in Home Building, Housing Trends by on January 16, 2020 0 Comments
2 Full Bathrooms Most Common in New Home Construction

When it comes to new home construction, a two-bath house is by far the most prevalent, according to the latest Census data.

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