Tag Archive for ‘home buidling’

Custom and Spec Home Market Shares in 2015

Custom home building registered declining market shares across all regions of the Unites States in 2015, except the New England and East South Central division where the custom home share of new single-family starts remained stable and relatively high. NAHB’s analysis of the most recent Census Bureau’s Survey of Construction (SOC) shows that New England registered the highest custom home… Read More ›

NAHB Releases Remodeling by Zip Code Estimates for 2016

NAHB has released its latest projections of spending on improvements to owner-occupied housing by zip code. The projections show total spending on improvements, the number of owner-occupied homes, as well as average spending per improvement, in each zip code for calendar year 2016.  Also shown for each zip are 2016 projections for the five key variables NAHB uses to estimate home improvement… Read More ›

Most Homebuilders are Small Businesses

Based on the recently released 2012 Economic Census data, new NAHB research shows that residential construction remains the industry of independent entrepreneurs with 81 percent of homebuilders and specialty trade contractors being self-employed independent contractors. Even among establishments with paid employees, the industry is dominated by small businesses, with two-thirds of homebuilders and three out of four specialty trade contractors… Read More ›

NAHB Releases Remodeling Estimates by Zip Code

NAHB has released estimates of spending on improvements to owner-occupied housing by zip code.  The estimates are based on a model relating improvement spending to five key variables (number of homes in the area, the share built in 1960s, share built in the 1970s, owners’ average income and level of education) for calendar year 2015.  The estimates show total spending on improvements,… Read More ›

The Typical American Subdivision

Data collected during a 2014 survey allow NAHB to produce, for the first time, summary statistics that describe the typical residential subdivision being built in the United States.  The results were recently published as a Special Study in HousingEconomics.com. For subdivisions of single-family detached homes, the summary statistics are as follows: Median size: 22 acres. Median number of housing units: 48. Median gross density:… Read More ›

A Broader Perspective on Commuting to Work

A recent Census release discussed changes in bicycling and walking to work since 2000. There’s clearly interest in this topic, as local governments have actively promoted walking and bicycling, sometimes as explicit criteria for new development. A broader perspective may also be useful, so this post considers additional ways of getting to work, including the ones used most often. Like… Read More ›

Remodeling by Zip Code: NAHB Releases 2014 Projections

NAHB just released new estimates of spending on improvements to owner-occupied housing by zip code.  The estimates are based on a model relating improvement spending to five key variables (number of homes in the area, the share built in the ’60s, share built in the ’70s, owners’ average income and level of education), projected to calendar year 2014.  As before,… Read More ›

Pending Home Sales Down but Stable

The Pending Home Sales Index (PHSI), a forward-looking indicator based on signed contracts, fell a slight 0.6% in October from an upwardly revised 102.7 in September. The October 2013 PHSI reported by the National Association of Realtors (NAR) was 1.6% lower than the same period a year ago. The October PHSI increased 2.8% in the Northeast and 1.2% in the… Read More ›