Washington DC, Las Vegas, SF and Dallas Lead Home Downsizing Trend
If you’re looking for a new apartment or condo and it seems smaller than you expected, you’re not imagining things: downsizing has become widespread. New research from Storage Sense, which runs storage facilities and would of course benefit from this trend, shows that apartments and condominiums in many major American cities have gotten smaller over […]
With Fires Raging, KB Home Unveils ‘Wildfire Resistant’ Development
The big builder has opened a new community in California that it says meets Insurance Institute for Business & Home safety standards. The recent wildfires that have hit parts of the country – especially California – are prompting home builders to develop structures that offer the most fire-resistant construction possible. KB Home is taking up the cause […]
New Houzz Study Offers Encouraging News
Even as the building trade continues to have its struggles a new report suggests better times are coming…and coming soon. “Home professionals are entering 2025 with renewed confidence and expectations for growth in both revenue and profitability after navigating two difficult years,” Marine Sargsyan, staff economist for the online design resource said in releasing the […]
Taylor Morrison and Tri Pointe Top the Most Trusted Builder Rankings
It’s ten years in a row for Taylor Morrison according to Lifestory Research’s annual America’s Most Trust Home Builder Study. The rankings are based on input from nearly 67,000 consumers who were asked to judge builders on several criteria, including trustworthiness, quality, positive word of mouth, overall impression, perceptions of quality and likelihood to recommend. […]
Why the “Missing Middle” Is an Opportunity for Home Builders
Between the single family and large multi-family buildings that dominate home building today lies an underdeveloped middle. The so-called “middle” sector of the U.S. homebuilding market – the medium-density structures like duplexes, triplexes and townhouses – grew just 11 percent nationwide over the past 20 years, contributing to the overall shortage in homes in the […]
The Great American Hallway Disappearing Act
It’s no secret that new homes in America are getting smaller but you might be surprised where the loss in space is coming from. The average American new home built in the first quarter of this year was 2,351 square feet. That’s down from a peak of 2,736 square feet during the early part of […]
Here’s What Six Homebuilders Are Saying about the Houses of 2045
Predicting the future is tough but a select group of builders is making big predictions about what houses will look like in 20 years. If you grew up on the Jetsons – or maybe Blade Runner or the Back to the Future movies – there were all sorts of crazy predictions about the kinds of […]
Zillow Now Forecasting Stronger Housing Prices for 2024
The real estate site has raised its outlook for housing prices this year, predicting a more robust marketplace. As one of the more popular websites for the U.S. residential real estate market, Zillow has its fingers on the pulse of housing price trends, so its just released upgrade of its forecast for this year is […]
Warren Buffett Likes Home Builders…and Proves It
The world’s most famous – and most closely watched – investor is apparently feeling good about big home building companies and he’s put his money where his mouth is with new major financial commitments. There isn’t an individual investor more closely followed by those who play the stock market and just anyone looking for broader […]