Housing Trends

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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2020’s Trending Colors of the Year

Filed in Design, Housing Trends by on January 10, 2020 1 Comment
2020’s Trending Colors of the Year

New year, new decade. Time to breathe new life into home design. Restoration, optimism and sophistication are woven throughout this year’s selection of colors of the year, announced annually by Pantone and various major paint manufacturers.

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Still Not a Lot of Lots

Filed in Economics, Home Building, Housing Trends by on January 8, 2020 0 Comments
Still Not a Lot of Lots

The shortage of buildable lots that has been hindering the housing recovery eased somewhat in 2019, but remains elevated by historical standards, according to a recent survey conducted by NAHB.

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A Decade of Home Building: The Long Recovery of the 2010s

Filed in Affordability, Economics, Housing Trends by on January 6, 2020 8 Comments
A Decade of Home Building: The Long Recovery of the 2010s

The 2010s was by far the lowest decade of single-family production in the last 60 years. During this 10-year period, single-family home construction totaled just 6.8 million units. By comparison, single-family starts ranged from 9.3 million units in the 1960s to 12.3 million in the 2000s.

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