BY DAVID LOGAN on DECEMBER 14, 2016 • (0) Prices received for three key building materials (prior to sales to consumers)— OSB, gypsum products, and ready-mix concrete—all rose in November according to the latest Producer Price Index (PPI) release by the Bureau of Labor Statistics. In contrast, softwood lumber prices continued a three-month downward trend, falling [...]
BUILDER Housing market adds $227 billion to home value in third quarter. CoreLogic® (NYSE: CLGX) on Thursday released a new analysis showing that U.S. home owners with mortgages (roughly 63% of all homeowners) saw their equity increase by a total of $227 billion in Q3 2016 compared with the previous quarter, an increase of 3.1%. Additionally, [...]
BUILDER Homes six years or younger make up just 2% of the current owner-occupied housing stock. By Robert Dietz One consequence of the reduced level of single-family construction since the Great Recession has been an aging of the country’s housing stock. According to NAHB analysis of the most recent edition of the American Housing Survey (2013), [...]
BUILDER A note of thanks to home builders, developers, architects, manufacturers, planners, and tradesmen and women who make homes the American Dream. By John McManus Two words, the minute I heard them spoken, changed the year for me in 2016, and they've probably altered what remains of my career. They were part of a presentation at [...]
Why ‘abundant connectivity’ is a winning strategy for residential builders and developers Brought to you by NEST How much Internet connectivity does a homeowner or tenant really need? It’s a question Google Fiber’s Peter Albers answers with a question. “When I speak at industry events I always ask the audience, ‘How many people have had to [...]
BUILDER Historically dirt-cheap rates may be living on borrowed time. By John McManus Advisory board round-table moderator Christine Serlin (2nd from left) leads opening proceedings yesterday at AHF Live in Chicago's Hyatt Regency. A short note today, as I'm in Chicago, participating in our 13th Annual AHF Live! affordable housing event today and tomorrow. Remember, interest [...]
3 things parents of Gen Y kids can do to help October 13, 2016 NEXT AVENUE BLOGGER By Richard Eisenberg Money & Work Editor Credit: Getty Images The Millennial generation — the kids of boomers and Generation X — seems to really get the importance of saving. But based on four new surveys I’ve seen, Millennials also [...]
Retiring By CONSTANCE GUSTKE NOV. 11, 2016 Photo Older adults attend a sushi class at Mather’s-More Than a Cafe in Chicago. Credit Lyndon french for The New York Times NOTHING about Mather’s-More Than a Cafe looks as if it’s aimed at people over 50. But the Chicago cafe, which could easily be mistaken for a large Starbucks, [...]
Published: Oct 29, 2016 11:54 a.m. ET Are insurance companies the new Big Brother? David Becker The door display of LG's smart refrigerator with Smart ThinQ technology. Insurance companies are subsidizing similar technology to encourage home monitoring. By KARIPAUL REPORTER When your “smart” home is hacked, who is to blame — and importantly — who pays [...]
You’ll never be homeless in America if you’re a car. Patrick Clark pat_clark October 26, 2016 — 4:00 AM MDT Inventory has been a major theme of U.S. housing markets in recent years, as a shortage of homes for sale has pushed prices higher and low vacancy rates have increased rents. So it might be surprising to [...]
