Jed Kolko, chief economist for online real-estate website Trulia, stopped by the Wall Street Journal earlier this week to discuss some interesting findings from a recent survey of homeowners. During a recording of “Lunch Break” (above), Kolko joined the growing number of economists who now believe the market has shifted and sellers now have the [...]
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The third and final day of the 2013 International Builders’ Show finished up with exhibitors, sponsors and attendees being treated to a closing concert from Cheap Trick. Fresh off of their most recent tour with Aerosmith, the rock band tore down the house with a 90-minute concert featuring many of their greatest hits. But before [...]
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When you think of college housing, luxury is probably the last word that comes to mind. However, as universities across the country continue to see enrollment climb and on-campus buildings age, several constructions companies are swooping in and offering student housing like you’ve never seen before. Granite countertops, gourmet kitchens, clubhouses filled with amenities — [...]
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The rates are low. Their down payment is saved up. The timing is right. Now, all prospective buyers need is the perfect house. Or, just any old house, really. Don’t blame giddy buyers if they act as though they’ve fallen through the rabbit hole. In a survey of 982 in 19 markets, tech-based brokerage Redfin [...]
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As our population ages, the question of how to house the elderly becomes a bigger issue. It can be ideal for older people to remain in their homes, but there are risks with that. On the other hand, going into assisted living or a nursing home often isn’t people’s fist choice. How can builders help [...]
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If you’re building a new home or if you have one on the market, envision your ideal prospective buyer. Why is your home right for them? Though it may be entirely subliminal, no home is built without considering how it may ultimately meet the needs and desires of its owners. And it turns out said [...]
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On Monday, the U.S. Department of Commerce released new-home sales for May and numbers across the board were overwhelmingly positive. New-home sales are up a whopping 7.6 percent while annual sales are up nearly 19.8 percent. That’s welcome news for builders who were told to expect a strong spring building season as the market’s deep [...]
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Professional Builder recently released findings from its annual Home Exteriors Survey, and in what could hardly be deemed a surprise, great design/curb appeal, energy efficiency and a low-maintenance threshold were by far the most important areas of concern for buyers. The survey was completely voluntary and without incentive, which may explain why only 168 of [...]
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Perhaps you’ve seen or heard a story about Williston, North Dakota, the Great Plains boomtown that nearly doubled its population from 2009 to 2011. A modern day black-gold rush has everyday laborers flocking to western North Dakota for the promise of overnight prosperity and boundless opportunity. A byproduct of the boom: Builders simply can’t keep [...]
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Earlier this week, we wrote about David Crowe’s comments at last week’s International Builders’ Show in Orlando. Crowe, chief economist for the National Association of Home Builders, said Generation Y could provide a modest boost to housing so long as homes are built to meet their needs. Specifically, smaller, smarter homes. On Wednesday, Aurora Zeledon [...]
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