Spaces in New Homes

One of the most frequently asked questions for the National Association of Home Builders is the question of how space is distributed in a new home. To answer the question, the NAHB surveyed its members that build single-family homes, and found an average percent distribution of the new homes being built by their members. They […]

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Amid Cutbacks, Construction Inspections are on the Rise

A recent survey of the builder members of the National Association of Home Builders (NAHB) shows that the average single-family home requires eight separate inspections before it can be considered complete and delivered to the buyer. Seventeen percent of the builders polled reported as many as fifteen separate inspections. What’s more, forty-five percent of the […]

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How the Government Shutdown Could Affect Housing and Home Building

Whether the government shutdown is wrapped up (relatively) quickly or extends over an even longer period of time, it will affect home builders and the housing market. A shorter shutdown will have mostly minor affects, but a long shutdown could have a significant impact on things like the accessibility of mortgages which could result in […]

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Five Ways to Deal with Crawl Space Air

There are several options on how to handle the foundation type of a home with a crawl space, whether you own one currently, or are thinking of buying/building one. Generally, crawl spaces are vented to the outside, but more recently, over the last decade at least, more energy efficient homes have been encapsulating the crawl […]

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Michigan House Envy: 7 Tips for Successful Home Remodeling

In the most recent Ann Arbor Remodelers Home Tour, Michigan House Envy asked builders for advice on remodeling. They got a wide range of answers, but this article provides some highlights. The first tip is not to rush the design stage of a remodel. A lot of people get antsy after making the decision to […]

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Interesting Facts from the Housing Recovery

The Survey of Construction (SOC) is conducted by the Manufacturing and Construction division of the U.S. Census Bureau with partial funding from the Department of Housing and Urban Development (HUD). Since construction and housing starts naturally occur before completion, surveys such as the SOC can indicate changing trends before they fully manifest in the housing […]

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New Home Sales Rebound

New home sales jumped 7.9 percent in August to an annual level of 421,000, likely in response to an unexpectedly low report in July that may have been prompted by a consumer reaction to increasing interest rates on mortgages. While the August numbers are a nice rebound from July, they are still well below the […]

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Pending Home Sales Continue Slide

The Pending Home Sales Index (PHSI) is an index reported by the National Association of Realtors (NAR) whose purpose is to look toward the future based on the amount of signed contracts for new homes. The PHSI is up year over year by about 5.8 percent, but has been trending downwards for the last three […]

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