Eye On Housing
Author Archives
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Top Home Technology Features
According to the latest edition of NAHB’s study, What Home Buyers Really Want, 46 percent of recent and prospective home buyers want a security camera in their home, more than any other home technology feature listed in the survey. The study is based on a survey that asks recent and prospective home buyers (people who bought homes in the previous… Read More ›
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55+ Housing Market Opens First Quarter with Record High
The NAHB single-family 55+ Housing Market Index (55+ HMI) rose six points to 72 in the first quarter of 2019, indicating that builder confidence in the 55+ housing market continues to strengthen (Figure 1). The index reading is the highest since the inception of the index in 2008. The 55+ HMI measures two segments of the 55+ housing market: single-family… Read More ›
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Remodelers’ Confidence Falls Three Points in First Quarter
The Remodeling Market Index (RMI) fell three points to 54 in the first quarter of 2019, according to the National Association of Home Builders. Despite the drop, the RMI is still over the index break-even point of 50, which indicates that more remodelers report that market activity is higher than report it is lower, compared to the previous quarter. The… Read More ›
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How Much Are Buyers Willing to Pay for Energy Efficiency?
On average, home buyers are willing to pay an additional $8,728 upfront on a home in order to save $1,000 a year in utility bills, according to NAHB’s recently released study, What Home Buyers Really Want (2019 Edition) (Figure 1). The study is based on a survey asking recent and prospective home buyers (people who bought homes in the previous… Read More ›
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Top Green Features
ENERGY STAR windows are the single-most wanted green feature among home buyers, with 89 percent reporting that it is an essential/must have (38 percent) or a desirable feature (51 percent). In our latest study on preferences, What Home Buyers Really Want, NAHB asks recent and prospective home buyers (people who bought homes in the previous three years or are planning… Read More ›
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Elevators Lack Popularity Among Home Buyers (And Other Unwanted Features)
Two-thirds of home buyers expressed that they do not want an elevator in their home, according to NAHB’s recently released report, What Do Home Buyers Really Want, 2019 edition. This finding comes from a question in the survey asking recent and prospective home buyers (people who bought homes in the previous three years or are planning to do so in… Read More ›
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Bathroom Linen Closets Are Most Wanted Bathroom Feature
A majority of home buyers – 78 percent — expressed that a ‘linen closet in the master bathroom’ is a desirable (52 percent) or an essential/must have bathroom feature (26 percent), putting it in first place in the most wanted bathroom features list (Figure 1). This data comes from NAHB’s recently released report, What Home Buyers Really Want, 2019 Edition…. Read More ›
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Colors and Finishes for Kitchen Appliances, Cabinets, and Countertops
Last week’s post on NAHB’s recently released report, What Home Buyers Really Want, highlighted the most wanted kitchen features. This post provides more detail on the colors and finishes home buyers want for their kitchen appliances, cabinets, and countertops. The report is based on a nationally representative survey asking home buyers (people who bought homes in the previous three years… Read More ›
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A Walk-in Pantry is the Most Wanted Kitchen Feature
A walk-in pantry is the most wanted kitchen feature, with 83 percent of home buyers reporting it is an essential/must have (32 percent) or desirable item (51 percent). This data comes from NAHB’s recently released report, What Home Buyers Really Want (2019 Edition), which is based on a survey that asks recent and prospective home buyers (people who bought homes… Read More ›
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Homeownership Rates by Race and Ethnicity
The Census Bureau recently published data on homeownership rates from its Housing Vacancies and Homeownership Survey (CPS/HVS). A previous NAHB blog shows that the overall homeownership rate increased to 64.8% in the fourth quarter of 2018, up 0.6 percentage points from the fourth quarter of 2017 (64.2%) (Figure 1). Figure 1 also shows that the overall homeownership rate bottomed out… Read More ›