Month: March 2024

Seven Percent of Builders Now Build Barndominiums

Hanna

Barndominium: a structure that is, in some sense, a combination barn and condominium A rising term in the industry, barndominiums are becoming increasingly widespread in real estate media outlets. Even more so, the National Association of Home Builders (NAHB) included the term in a questions in its February 2024 NAHB/Wells Fargo Housing Market Index. The survey yielded a response of a total of 7% of single-family builders are indeed building barndominiums at some point during the past 12 months. According to Eye On Housing, That result, however, leaves open the question…

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Job Growth Continues to be Strong Across Most States

Hanna

Compared to the previous month, nonfarm payroll employment increased in 42 states and the District of Columbia in January. Eight states saw a decrease. Nationwide total nonfarm payroll employment increased by 229,000 in January, following a gain of 290,000 jobs in December, according to the Bureau of Labor Statistics. Employment data was most favorable in New York, which added 59,300 jobs on a month-over-month basis. California followed with a 58,000 increase, and then Florida adding 38,000 more jobs. Across those eight states, a total of 17,000 jobs were lost with…

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How to Hire More Women into Construction Roles

Hanna

With a seemingly never-ending run of labor shortages, contractors may need to turn to a pool left largely untapped, and that is a pool of talented women. Making up 47% of the United States labor force, only 11% of women comprise the construction industry, highlighting a need for hire. Though it may seem simple enough, to hire more women, that is not the case. A compilation of poor recruitment efforts coupled with unfair stereotypes of what women can and can’t do when it comes to the jobsite continues to block…

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Better, Not Bigger, Homes Among Top Design Trends for 2024

Hanna

LAS VEGAS – Following a brief uptick in new home sizes in 2021, the average size of a new home continues to inch smaller — dropping from 2,479 square feet in 2022 to 2,411 square feet in 2023, the smallest average size in 13 years — to match home buyer preferences for less square footage. According to NAHB’s latest What Home Buyers Really Want study, home buyers are looking for homes around 2,070 square feet, compared to 2,260 20 years ago. “It’s related to two factors that are linked,” said Rose Quint,…

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Single-Family Starts will Rise in 2024 but Supply-Side Challenges Persist

Hanna

While higher interest rates pushed single-family starts down in 2022 and 2023, production should move on a gradual upward path in 2024 as the Federal Reserve is on track to cut rates during the second half of the year with inflation slowing, according to economists speaking at the National Association of Home Builders (NAHB) International Builders’ Show in Las Vegas today. “While the Fed’s fight against inflation is building progress, the lingering inflation challenge is housing inflation,” said NAHB Chief Economist Robert Dietz. “Shelter inflation—rent and homeownership costs—are still rising…

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Murray, Cantwell, Larsen, Delbene Secure $19 Million To Construct New Family-Style Military Homes

BrianAnthony

Murray, Cantwell, Larsen, Delbene Secure $19 Million To Construct New Family-Style Military Homes With passage of the $467.5 billion spending package on Friday, March 8 that avoids a shutdown by funding portions of the federal government until September 30, Senators Patty Murray (D-WA)… Read More Lynnwood Times https://lynnwoodtimes.com/2024/03/09/family-style-military-homes-2024/

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Luxury Home Community Set To Open in Hopkinton This Spring

BrianAnthony

Luxury Home Community Set To Open in Hopkinton This Spring Toll Brothers Inc. announced its newest single-family home community, Newbury Glen, will open in late spring. It will include 20 single-family homes, each on one acre or larger lots on Fitch Avenue… Read More Boston Gazette https://bostonagentmagazine.com/2024/03/08/luxury-home-community-set-to-open-in-hopkinton-this-spring/

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Home in the Hill Country: Empire Communities offering customizable homes in San Antonio

BrianAnthony

Home in the Hill Country: Empire Communities offering customizable homes in San Antonio The company is offering new homes in San Antonio for a wide variety of buyers. First-time home owners looking at master-planned communities and experienced home buyers looking at homes… Read More Community Impact https://communityimpact.com/sponsored/sponsored/2024/03/10/home-in-the-hill-country-empire-communities-offering-customizable-homes-in-san-antonio/

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From Framed Scarves To Mixed Metallics: 6 Big Home Decor Trends In Spring 2024

BrianAnthony

From Framed Scarves To Mixed Metallics: 6 Big Home Decor Trends In Spring 2024 As spring approaches, anticipation builds for the latest trends in home interior design. Get ready to embrace the season with our comprehensive trend report, highlighting the hottest styles set to… Read More India Times https://www.indiatimes.com/lifestyle/whats-cooking/big-home-decor-trends-in-spring-summer-629595.html?utm_source=Google_Newsstand&utm_campaign=RSS_Feed&utm_medium=Referral

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