The fastest-growing builders in the nation are those who’ve been catering to the lower range of the price spectrum. Their focus on affordability is allowing them to win greater market share and sales volumes, a new study says.Ever year, BUILDER compiles Builder 100 data to see which new-home builders are seeing the biggest sales volume and production.Century Communities was the fastest-growing public builder in unit volume, based on its rate of
Those wanting to spruce up a home may need to add more money to their budget. Builders and contractors are warning that new tariffs on Chinese goods will add $2.5 billion in added costs to the home remodeling industry, and those extra costs will be passed on to customers.Tariff costs on Chinese imports jumped from 10% to 25% on May 10, which builders say will increase the cost of about 450 goods used by the home building industry, such as counter
Inspired by reality TV shows on HGTV and other outlets, a new generation of home flippers has been in the market in recent years. These investors hope to make over properties and then make a tidy profit off the sale. But for many, flipping hasn't exactly been made-for-TV.This is one segment of the market where real estate agents should counsel extra caution.“Many newbie investors are encountering the
A remodeling labor shortage continues to impact housing projects by increasing prices and delaying timetables, a new survey from the National Association of Home Builders shows. Remodeling jobs that involve carpenters, framing crews, bricklayers, and electricians are seeing some of the largest shortages.“The labor shortage continues to be one of the top concerns for remodelers across the country,” says Tim Ellis, the NAHB’s Remodelers chair
It can be difficult to lend the illusion of more space to a home with low ceilings. A recent article at Houzz from columnist Becky Harris explains how you can make low ceilings appear higher.Use High-Gloss Paint to Your Advantage Painting the ceiling a glossy white will allow the room to reflect more light, making it appear more spacious that it really is. Interior designer Lourdes Gabriela used glossy white ceilings in a Florida condo that, she
Buyers are showing more interest in technological home features, with 46% of new and prospective homeowners saying, for example, that they want a security camera on the premises, according to the National Association of Home Builders’ latest annual survey, What Home Buyers Really Want.Three of the four most-wanted tech features are related to security, with surveillance cameras leading the pack, the survey shows. Buyers also reported high
As sea levels rise, architects are brainstorming ways to make homes more resilient to flooding. A floating unit is being singled out as a living solution for coastal areas.Oceanix, a nonprofit that designs and builds floating cities, and the MIT Center for Ocean Engineering are showing off a futuristic concept of a floating city. The floating communities can expand, contract, and combine to form cities in prefabricated hexagonal islands of 4
House renovation and design television programs may be prompting more buyers to shed some of their fixer-upper fears. Nearly 60 percent of home shoppers recently surveyed said that home renovation television has made them more optimistic about renovations, according to a new realtor.com® survey of about 1,000 consumers who are planning to buy a home in the next 12 months.As inventories remain tight in some markets, home buyers are eyei
When newcomers move into low-income neighborhoods and begin rehabbing homes, it can prompt a much-needed rush of investment into the community. But with gentrification comes higher home prices—and the possibility that long-term residents will be priced out of the market.Gentrification isn't without controversy, but it has transformed many cities such as New York and San Francisco. Realtor.com® notes that gentrification can be a double-edged sw
DIY home improvement jobs can end in disaster. And even when they don’t, projects can become time-consuming and costly. Botched DIY home improvement jobs can also lead to quarreling among loved ones, shows a new survey from Porch.com, a home improvement website. Porch.com surveyed more than 1,000 homeowners to discover the biggest sources of tension and mistakes during home improvement projects.A third of homeowners say they tackle house projec
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