New Home Friday 07-24-2015

by Builder Trade In Program Jul, 24

Buying more affordable than renting in two-thirds of US counties

by Builder Trade In Program Jul, 24

A higher number of individuals might decide to apply for a U.S. home mortgage instead of signing another expensive lease for an apartment. According to RealtyTrac, investing in a house is more affordable than renting in most major counties.

 

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THE TOP 10 BUILDERS IN THE BEST METROS FOR MILLENNIALS

by Builder Trade In Program Jul, 17

Which markets are millennials flocking to, and which builders already control the market?

 

What if Houston becomes less important to builders as boomers age in place? It might be a few years before markets shift to cater more to millennial home buyers, but most indicators of where millennials choose to live shows Austin will be the most important Texas city for builders whose core target may be younger buyers.

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New Home Friday 07-17-2015

by Builder Trade In Program Jul, 17

Construction Labor Market

by Builder Trade In Program Jul, 10

Quoting, John McManus writer for Builder Magazine's June 26 blog from the PCBC, " After a couple of days' immersion amongst residential builders, developers and other denizens of the Pacific Coast Builders Conference in San Diego this week, it's clear that people, writ large, is the No. 1 issue stressing the business right now."

 

So...

New Home Friday 07-03-2015

by Builder Trade In Program Jul, 03

ARE MILLENNIALS CHANGING THE NEW HOME MARKET?

by Builder Trade In Program Jul, 03

 

Studies show that more millennials are renting now than they were five years ago, but most of them still dream of owning their own single-family home in the very near future.  The National Association of Home Builders survey found that most millennials intend to purchase a new home in the suburbs rather than the city.  Interestingly in 2014, more millennials moved to the suburbs from the city.  The housing industry has been studying and surveying this generation because they need to know where and how they will live and most importantly, how soon.  Millennials are the largest consumer group since the Baby Boomer generation. 

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New Home Friday 06-26-2015

by Builder Trade In Program Jun, 26

Housing's No. 1 Challenge Right Now

by Builder Trade In Program Jun, 26

Word from the PCBC trade show floor, the sessions, and the corridors is that 'people' is the biggest pain-point

There are good jobs in the home building and building materials and products manufacturing business right now.

Each month, the Labor Department’s Job Openings and Labor Turnover Survey affirms that job opportunities abound. National Association of Home Builders tax and policy expert Rob Dietz stays current on monthly JOLTS reports for residential construction, and he notes that the industry is running at "cycle highs" in unfilled payroll positions.

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New Home Friday 06-19-2015

by Builder Trade In Program Jun, 19