What Do Millennial Homebuyers Want Post-Pandemic?
Desires and needs for the largest generation of homebuyers have changed By Josh Kassing Millennial homebuyers were set to become homeowners in droves at the start of 2020 thanks to a strong job market, low mortgage rates, and the numbers. Millennials had just become the largest generation of homebuyers, the...
WELLness at Home
Industry professionals must seize the opportunity to push beyond requirements and create healthier spaces By SARAH HUNTER Today, more than ever, place matters to the future of protecting our families, our businesses and the public at large. As we navigate the vast impact that COVID-19 has had on our everyday lives, it is hard to...
Refreshing Your Indoor and Outdoor Space
Homes should celebrate the environment that surrounds it By CHRIS BRANDON It’s no question that the spring and summer months are the perfect time to bring the outdoors in. For most of us, we’ve been cooped up inside for far too long due to the pandemic, and the feeling of refreshing your space to create a cohesive environment...
America At Home
How “life from home” impacts the way we live in America By Nancy Keenan, Teri Slavik-Tsuyuki, and Belinda Sward By mid-April, most of the nation was under some version of a stay- at-home order. Families wrestled with working from improvised home offices while suddenly fulfilling the role of teacher to school-aged...
Project Success: Design to Code with Forward Thinking
Building codes affect design, understanding current codes and how to work within them allows for compliant projects and quality homes. By JULIA MALISOS Working at an architecture and planning firm creates adventure every day. Some of our daily objectives, besides designing high-quality communities, are to successfully accomplish...
The New Homebuyer and Celebrating Our Homes
3 characteristics of the new homebuyer and realizing the American Dream By Lesley Deutch and Ken Perlman New home construction is perhaps the brightest spot in the economy right now. Thanks to The Great American Move, low mortgage rates, and a hyperawareness about living environment, new home sales in June...
Economic Déjà Vu, But Housing Market Still A Bright Spot
Millennials are embracing suburbs faster than ever while housing leads the way By Patrick Duffy Although we continue to live in uncertain times in the United States, two factors seem reliably consistent: the Federal Reserve will continue to support financial markets and the housing market remains its own bright...
Millennials Are Making Moves
Lifestyle changes are happening for millennials and homeownership is slated to go up By Brian Alvarado By any means, 2020 has been one of the strangest years our world has seen. However, despite the pandemic turning the economy upside down and putting millions of Americans out of work, the housing market...
The BD Interview: Ted Nelson, CEO of Newland Communities
Chief executive of Newland Communities shares his insight on the housing market and what it takes to develop a successful master-planned community Builder and Developer: As we continue to navigate through 2020 and the pandemic, in regards to developing, what are some trends that you’ve seen emerging? Ted Nelson:...
Pandemic Prompts New Thinking in Residential Architecture
Creative designs converge with new technologies to yield innovative solutions for seniors BY ARIEL AUFGANG Enhanced access for seniors and others with mobility issues will expand at an accelerated pace spurred by post-COVID-19 influences on residential architectural design utilizing creative applications of new technology to...
Virtual Sales Best Practices for Home Builders
Methods of virtual communication for successful home sales during the pandemic BY MIKE LYON Current public health concerns have forced new home sales professionals in some markets to shift increasingly, if not exclusively, to “virtual” selling. While there is no replacement for an in-person visit to tour a model home or sales...
The Shelter Industry Pivots: Where are we in the Pandemic?
Checking the pulse with an architectural designer, manufacturing marketer, and an interior designer BY BARBARA SCHMIDT At no time in our living history have we seen such a disruption to our world. How is the pandemic affecting your business? Home remodeling seems to be busy if you can afford the budget and are not affected by job...
Making Housing Affordable Again
Policymakers at all levels of government need to work with industry leaders to keep housing within reach for all Americans BY GREG UGALDE With many sectors of the economy having experienced a virtual lock down due the COVID-19 pandemic, the residential construction industry stands poised to provide a much-needed boost to the...
The Black Swan’s Effect on Land and Housing
Here is what we are seeing and what we expect to see in the coming months in regards to housing and land lots BY GREG VOGEL The land and housing market is slow to adjust to exogenous shocks like we have seen in the past few months. Homebuilder stocks reflected an immediate adjustment to .5 to .8 of book value. These valuations are...
New Design Trends For a New World
These times have given us the opportunity to reflect and re-imagine the future of design BY RON NESTOR We are living in an unusual time. The coronavirus has upset our nation and the world in so many ways. As we adapt to this situation and look forward to our new normal, we are being propelled at warp speed into the future. The...
Post-Pandemic Design Strategies For Next Wave of Housing
Forward-looking homes and apartments must provide safe spaces for work, wellness and fun BY MARY COOK Housing has become far more sustainable in the last decade as builders, developers and designers strive to meet Americans’ changing values and ensuing demands. Whether they live in luxury villas or affordable apartments,...
Labor Market May Recover Faster than in Previous Recessions
Key distinctions will be factors in determining the severity and duration of this downturn BY ODETA KUSHI The coronavirus pandemic has significantly impacted the domestic and global economy. Weekly unemployment claims in April broke records and consumer confidence has declined with the worsening economic conditions. The official...
Housing Takes Center Stage
The country’s economy has awakened from its self-imposed slumber BY PATRICK DUFFY In the middle of May, when Federal Reserve Chairman Jerome Powell spoke via webcast and then a few days later on “60 Minutes” about current economic issues, he made some important distinctions about this downturn compared to previous ones, and...
Does It Take a Pandemic to Get Millennials to Buy?
Builders must adjust accordingly for the target buyer BY LESLEY DEUTCH & KEN PERLMAN After four weeks of plunging new home sales, transactions have roughly doubled in the last two weeks of April. The jump in demand has largely been driven by Sharers (31–40-year-olds), a term we developed in our book...
Economic Outlook: Housing Will Lead an Economic Recovery
Post-pandemic market conditions are creating a formula for housing to thrive BY ROBERT DIETZ The United States is confronting the sharpest and most sudden economic downturn of the last century. Unlike the Great Recession, which was a financial crisis that unraveled over years and led to a significant downturn, the recession of 2020...
U.S. Green Building Council Launches Global Economic Recovery Strategy
USGBC outlines path for how healthy places and LEED will support recovery efforts as businesses, governments and communities prepare for a post-pandemic world Washington, D.C. – (May 13, 2020) – Today, the U.S. Green Building Council (USGBC) announced a new strategy, Healthy People in Healthy Places Equals a Healthy Economy,...
CoreLogic Reports March Home Prices Increased by 4.5% Year Over Year
Following the spike in homebuying activity in the first two months of 2020, home price growth continued to accelerate in March Closed home sales fell 26% in the last two weeks of March as the economy officially entered a recession The HPI Forecast predicts home prices will increase 0.5% from March 2020 to March 2021 IRVINE,...
CoreLogic Reports February Home Prices Increased by 4.1% Year Over Year
Annual home price increases in February 2020 reached their highest level in more than a year As of February 2020, and prior to the coronavirus outbreak, the national home price index had accelerated for four consecutive months Connecticut was the only state to post an annual decline in home prices while Idaho experienced the...
USGBC-LA Launches 2nd Cohort of ‘Net Zero Accelerator’ to Speed Viable Building Tech’s Move into the Market for a Net Positive Future
Applications Now Being Accepted: April 2 – May 18 LOS ANGELES (April 2, 2020) The U.S. Green Building Council-Los Angeles Chapter (USGBC-LA) today opens applications for the second cohort of the Net Zero Accelerator (NZA), which will identify viable net zero building technologies, position them for success, and accelerate their...
U.S. Green Building Council-Los Angeles Launches Talent Portal Today, Helping Advance Region Toward Green Jobs Economy
New Partnership with ISI to Offer Envision Certification Training for Infrastructure through Portal LOS ANGELES (March 6, 2020) The City of Los Angeles kicked off a Decade of Action with the recent mayoral signing of “L.A.’s Green New Deal: Leading By Example”, focusing on bold action to zero out LA’s main sources of harmful...
Garber Communities launches new website
Winter Park, Fla. (Feb. 18, 2020) – Garber Communities, one of Florida’s leading developers of affordable manufactured home communities and RV resorts, recently launched a new website – garbercommunities.com. The purpose of the new, user-friendly website is to connect people with their dream homes quickly. Its improved...
Decorating On Trend — Even When It Seems Impossible
FREEHOLD, N.J., Jan.30, 2020 – We’ve all seen the Top 10 lists of electronics, colors, wellness features and other design elements that are supposed to be key if you want to give your home a fresh, up-to-date look for the new decade. But how do you do that if you’re scared the interior in question isn’t compatible with the trend...
Speaker Lineup Announced for Building Innovation 2020 Conference
The Building Innovation 2020 Conference includes 46 sessions on resilience, building technology and workforce (WASHINGTON, DC, Jan. 15, 2020) – The National Institute of Building Sciences is finalizing the keynote presentations and education sessions for the Building Innovation 2020 Conference & Expo in April. Building...
Plans for the International Builders' Show
The NAHB International Builders' Show is an annual homebuilding event that features something for everyone in the industry. Whether you go for the education or the fun, there is plenty of both to go around. Over 150 education sessions will offer attendees a closer look into everything from market research to high-performance...
9th Annual Sustainable Innovation Awards Announced at U.S. Green Building Council-L.A. Chapter Green Gala
Recognized Community Leaders included LA Metro, Liberty Hill Los Angeles, CA (December 12, 2019) – Last night at its 15th Green Gala, the Los Angeles Chapter of the U.S. Green Building Council (USGBC-LA) focused on “Community” as it presented the 9th Annual Sustainable Innovation Awards (SIA). The Project of the Year was...
Deep Freeze Danger: Preventing Costly Winter Storm Damage Starts at the Rooftop
As Winter Storms Hit Home, the Metal Roofing Alliance Says Rooftop Readiness Is Essential PORTLAND, Ore. — With many areas of the country experiencing a series of early winter storms this year, the Metal Roofing Alliance (MRA) reminds homeowners to pay close attention to their roofs, especially as winter weather continues to get...
Tri Pointe Group Named 2019 Builder of the Year by Builder and Developer Magazine
National homebuilder recognized for its strong growth, innovative communities and comprehensive sustainability platform IRVINE, CALIF. (December 4, 2019) – TRI Pointe Group (NYSE: TPH), one of the top 10 largest public homebuilding companies in the United States based on revenue, has won the Builder of the Year Award...
Meyers Research Launches Monthly New Home Pending Sales Index Beginning with October 2019
Steady increases reveal positive signs for the wider economy COSTA MESA, Calif., November 22, 2019 — Today Meyers Research, the housing industry’s foremost advisors, launched the inaugural New Home Pending Sales Index (PSI) for October 2019. The New Home PSI, backed by data from Zonda and Metrostudy, shows pending sales increased...
Urban Land Institute’s Greenprint Center Releases Report on Embodied Carbon
WASHINGTON (November 19, 2019) – The Urban Land Institute’s (ULI) Greenprint Center for Building Performance has released a new report, Embodied Carbon in Buildings Materials for Real Estate, explaining how reducing embodied carbon in the construction process can save developers money and help mitigate the impacts of climate...
USGBC-LA Announces Program to Help Construction Industry Put California’s “Buy Clean” Policy into Action
US Green Building Council-L.A. Announces Program to Help Construction Industry and Tradespeople Put California’s “Buy Clean” Policy into Action LOS ANGELES (November 19, 2019) — Specifying materials consistent with building sustainably can be a challenge at many levels of the building process, but has become increasingly...
The New Home Company Announces Major Milestones at Russell Ranch in Folsom, California
NEW HOME brings national award-winning approach to planning and design to highly anticipated master-planned community; announces builders of the initial residential collections. ROSEVILLE, Calif.--(BUSINESS WIRE)--After years of thoughtful planning, design and development, The New Home Company (NEW HOME,...
Two Forces Re-shaped Housing Affordability in 2019, According to First American Real House Price Index
You buy what you can afford to pay per month, says Chief Economist Mark Fleming SANTA ANA, Calif.--(BUSINESS WIRE)--First American Financial Corporation (NYSE: FAF), a leading global provider of title insurance, settlement services and risk solutions for real estate transactions, today released the August 2019 First American Real...
LAST CALL: Vote in Builder.Media's Annual Pubby Awards
The PUBBY AWARDS issue is around the corner. Each year, we seek to recognize exceptional projects and professionals in the homebuilding industry for the past year. We recognize the most innovative builders, architects, developers, and projects, so if you have been working on a project that you think...
New California Energy Building Code Updates
The implementation of these updates will result in savings – both in costs and environmental impact By J. ANDREW MCALLISTER Comfort is an important benefit of energy-efficient homes. Due to high-performance windows, quality insulation and air sealing of the building shell, energy-efficient houses maintain stable interior...
Redfin Migration Report: Phoenix, Atlanta, Sacramento, Las Vegas and Austin Continue to Attract Thousands of Homebuyers From Pricey, High-Tax Metros
Phoenix's Arcadia, Sacramento's River Park, and Atlanta's Buckhead are the most popular neighborhoods for transplants SEATTLE – (NASDAQ: RDFN) – Twenty-five percent of home searchers looked to move to another metro area in the second quarter of 2019, compared to 24 percent during the same period last year, according to a new...