Tag Archive for ‘construction’

Remodeling Market Index Reclaims All-Time High

The Remodeling Market Index (RMI) rose one point to 57 in the third quarter of 2014, the sixth consecutive 3-month period the index has been over 50.  An RMI above 50 indicates that more remodelers report market activity is higher (compared to the prior quarter) than report it is lower. The overall RMI averages ratings of current remodeling activity with… Read More ›

Vinyl is the Most Widely Used Siding On New Homes Started

According to data from the Census Bureau’s Survey of Construction (SOC), vinyl (including vinyl-covered aluminum) was the most common exterior wall material used in homes started in 2013 (31 percent), followed by brick or brick veneer (24 percent), stucco (22 percent), and fiber cement siding (such as Hardiplank or Hardiboard) (17 percent). Far smaller shares of single-family homes started last… Read More ›

NAHB Releases New “Priced Out” Numbers

NAHB Economics recently released its 2014 Priced Out Estimates showing that, nationally, a $1,000 increase in the median new home price (triggered, for example, by additional regulation) prices 206,269 households out of the market for the home. This means that 206,269 U.S. households could qualify for a mortgage on the median-priced new home before, but not after, the price increase…. Read More ›

Profile of NAHB’s Associate Members

Every year, NAHB conducts a census of its builder and associate members in order to better understand the composition and characteristics of its membership. The census collects company as well as demographic information. This post summarizes findings from the 2013 Associate member census, with a more extensive article available here. An earlier post summarized findings from the 2013 Builder member… Read More ›

Profile of NAHB’s Builder Members

NAHB conducts an annual census of its builder and associate members in order to better understand the composition and characteristics of its membership. The census collects company as well as demographic information. This blog entry summarizes findings from the 2013 Builder member census, with a more extensive article available here. A later entry will summarize findings from the 2013 Associate… Read More ›

What Home Buyers Really Want: Ethnic Preferences (Part III)

Previous posts highlighting findings from the study What Home Buyers Really Want: Ethnic Preferences have shown that a buyer’s race or ethnicity can play a role in how he/she evaluates the characteristics and features of a prospective home. The analysis was focused on four racial/ethnic groups of home buyers: White (Non-Hispanic), African-American (non-Hispanic), Hispanic, and Asian. Based on a list… Read More ›

What Home Buyers Really Want: Ethnic Preferences (Part II)

Findings from the latest NAHB study on housing preferences, What Home Buyers Really Want: Ethnic Preferences, show there are both similarities and differences in what home buyers of different racial/ethnic backgrounds most want to have in their homes. Based on an extensive list of more than 120 home and community features that buyers rated as essential, desirable, indifferent, or ‘do not… Read More ›