Eye On Housing
NAHB analysis of the Survey of Construction (SOC) data shows that nationally, about 30 percent of new single-family homes started in 2013 have a full or partial basement, 54 percent are built on slabs, and 15 percent have a crawl space. The remaining share, including homes built on stilts or pilings, accounted for about 1 percent of homes started in… Read More ›
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 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 ›
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 ›
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 ›
The NAHB Multifamily Production Index (MPI) increased three points to 53 in the first quarter of 2014, which is the ninth consecutive quarter with a reading of 50 or above. The MPI measures builder and developer sentiment about current conditions in the apartment and condominium market on a scale of 0 to 100. The index and all of its components… Read More ›
Previous posts highlighting findings from the study What Home Buyers Really Want: Ethnic Preferences have shown how housing preferences may – or may not – be affected by the racial background of the home buyer. One aspect of the home where race/ethnicity does not play a significant role is energy efficiency – a top priority across the board for all… Read More ›
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 ›
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 ›
Among other demographic variables, such as age, income, or stage of life, a buyer’s race or ethnicity can play a significant role in how he/she evaluates the characteristics and features of a prospective home. A new study recently released by NAHB, What Home Buyers Really Want: Ethnic Preferences, was designed to compare and contrast how housing preferences are affected– or… Read More ›