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 ›
Tag Archive for ‘characteristics of new homes’
Porches on 90% of New Homes in 4 Southern States
There is a clear geographic pattern to the exterior amenities (porches, patios and decks) included on new homes, according to data from the Survey of Construction (SOC). Among Census divisions, the highest incidence of one of these amenities occurs in the East South Central (the four southern states of Alabama, Kentucky, Mississippi and Tennessee), where 90 percent of the new homes started in… Read More ›
Government Insured Loans Still Important in New Home Market
As of 2012, FHA/VA insured loans still account for well over 20 percent of the market for new single-family homes, according to data from the Survey of Construction (SOC). The SOC is conducted by the Census Bureau, partly funded by HUD, and the source of the familiar monthly series on housing starts. Among other things, the SOC collects information on… Read More ›