New-home construction is poised to break ground at faster rates in several markets across the country. This could open up housing inventory in some places starved for more homes for sale.“Adding new homes is key to a city’s economic health,” says Robert Dietz, chief economist at the National Association of Home Builders. The bulk of the new-home construction is occurring in the South and Southwest, where land and construction costs tend to
Seventy-eight percent of home buyers say a linen closet in the master bathroom is “desirable” or an “essential/must-have feature,” according to the National Association of Home Builders’ 2019 What Home Buyers Really Want Survey. The report is based on responses from recent and prospective home buyers who plan to purchase within the next three years.Buyers were asked to rate a list of features they most wanted in a bathroom. A shower sta
More homeowners plan to spruce up their homes this year, but a lot of things can go wrong—particularly financially—when setting out to do a home remodel. More than a quarter of home renovation projects go over budget.Some of the biggest budget breakers for owners completing a home renovation project, according to a new infographic from Job Site Image, a company that offers construction photo documentation, are:Choosing more expensive pro
Builders added fewer homes to the pipeline in February, but the National Association of Home Builders says the numbers may be misleading about the extent of the actual shortfall.Total housing starts plunged 8.7 percent in February to a seasonally adjusted annual rate of 1.16 million units, the U.S. Commerce Department reported Tuesday. (The annual rate is the number of housing units builders would begin if they kept pace for the next 12 months.)
More potential home shoppers may be getting spooked by recent news headlines about the housing market, and they may be making them skittish. Sixty-two percent of surveyed home builders say “negative media reports” have made it problematic for them in attracting buyers this year, among the top concerns they identified to attract buyers, according to a survey by the National Association of Home Builders/Wells Fargo Housing Market Index.Other is
Home builders are lowering their prices to appeal to a growing number of home shoppers. In January, 66 percent of new single-family homes were priced between $200,000 and $400,000, compared with 22 percent of homes that were in the $400,000 to $750,000 range, according to U.S. Commerce Department data. A year ago, 51 percent of homes sold in the $200,000 to $400,000 range, while 29 percent sold in the $400,000 to $750,000 price points.
Painting a room can be one of the most budget-friendly ways to makeover a space. But some commonly held myths about choosing the right paint may prevent some homeowners from finding the truly perfect hue to enhance their space.Realtor.com® recently spoke with painting experts to address some of these common myths about painting a home. Some of those include:Dark paint colors make a room look small.In fact, it’s just the opposite in many cases,
Live plants are being added into cabinetry and even directly into the kitchen island. At this year’s LivingKitchen, a trade show in Cologne, Germany, numerous manufacturers showed off the latest worldwide kitchen trend: more greenery near cooking spaces.Living plants are appearing on the back or tops of kitchen islands and peninsula cabinets. They’re also appearing as wall shelving, which include grow lights to keep them thriving even when tu
Complaints about the condition of homes on military bases, including lead poisoning, mold, and poor construction, have grown worse since the problems were first revealed in a Reuters investigation last August. NBC News did a follow-up piece Friday looking at whether there has been any improvement but found that the number of complaints by military families has increased, now getting the attention of lawmakers.Seventy-three percent of homeowners
Your color palette makes a huge difference. Bronze, brass, nickel, or chrome? Choosing metals for your home can be daunting, so here's a suggestion: Don't choose just one. All the best designers know there's no magic in being matchy-matchy—and that policy is true for metals as well as bedroom sets. Instead of agonizing over the "right" metallic finish, consider mixing them up.We realize this concept might be daunting to some, so, to
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