Eye On Housing
May is National Home Remodeling Month. For the month’s first related post, we report on the most common types of remodeling projects performed by NAHB Remodelers in 2016. The results come from a special question added to NAHB’s Remodeling Market Index (RMI) survey for the first quarter of 2017. The results show kitchens edging out baths for the top spot… Read More ›
In its Survey of Construction (SOC), the US Census Bureau publishes data on the number of bathrooms in new homes started. In the last several years, the share of new single-family homes with 3 or more full bathrooms has increased, which may reflect the move by builders to focus on higher-end, larger homes in the post-recession period. However, recent data indicate that this trend… Read More ›
Since 2004, NAHB’s interactive model for estimating the price of a single-family detached home has been available online for those who would like to use it. The latest version of the house price estimator has just been released, calibrated by NAHB with data from the latest (2013) installment of the American Housing Survey (AHS, funded by HUD and conducted by the U.S. Census Bureau)…. Read More ›
To lead off National Home Remodeling Month in May, we report results from NAHB’s quarterly Remodeling Market Index (RMI) survey on the most common type of jobs performed by NAHB Remodelers in 2014. The results show that kitchen and bathroom remodeling remain the two most common types of projects, as they have been consistently since NAHB started asking the question… Read More ›
May is National Home Remodeling Month. We lead off a series of posts in recognition of the occasion with results from NAHB’s quarterly Remodeling Market Index (RMI) survey showing that bathrooms remained the most common type of job performed by NAHB Remodelers in 2013. Among remodelers responding to the 4th Quarter 2013 RMI survey, bathroom remodeling was cited as a… Read More ›
How space is distributed in a new home is a frequently asked question. To collect information on this, NAHB recently surveyed its single-family builder members. The average percent distribution of finished space in the typical new home built by NAHB’s members is illustrated below. In addition to an average breakdown of space in all new homes, NAHB looked at the breakdown for a small home (based on… Read More ›
Roughly one-third of home buyers are looking for a home with two full bathrooms, and roughly one-third of both new and existing homes have exactly two full bathrooms. But over half of buyers want a home with more than two full baths, and that’s where new homes do a much better job of matching current preferences. According to NAHB’s recent What Home Buyers… Read More ›
Special questions included on NAHB’s Remodeling Market Index (RMI) survey show that home owners remain interested in updating the most heavily used rooms in their homes. Bathroom remodeling was a common job in 2011 for 78 percent of the remodelers responding to the 1st Quarter 2012 RMI survey—highest for any type of remodeling project included on the questionnaire—followed by kitchen… Read More ›