Many homeowners are attracted to do-it-yourself home projects, particularly members of younger generations, according to the National Association of REALTORS®’ “2019 Remodeling Impact Report: DIY.” In fact, homeowners may even be happier when they DIY than when they hire a professional to handle a project.Homeowners reported a “joy score” of 9.9 for projects they do themselves (joy scores range from 1 to 10, with higher
The homebuilder PulteGroup has reportedly reached a settlement in Florida over allegedly building homes that failed to meet the state’s building codes.Florida Attorney General Pam Bondi says a two-year investigation found that the builder failed to disclose to some Florida buyers that their homes did not meet the state’s building code. Pulte was accused of “unfairly denying” some homeowners’ claims for repairs by refusing to perform an
The latest home design craze embraces the cozy—think fuzzy blankets and extra throw pillows. This style is called “cwtch,” and its expected to grow as a popular housing trend in 2019.Cwtch (pronounced “kutch”) means a cuddle, a hug, or a hiding place. It’s replacing hygge, another cozy design trend that made waves in home decor over the past two years.“I think of that rainy day when you just want to curl up and read a
Fewer new single-family homes entered the pipeline in November as housing affordability concerns continued to hinder inventories, the Commerce Department reported Tuesday.Housing starts increased 3.2 percent in November to a seasonally adjusted annual rate of 1.26 million units, but the increase was all due to an increase in multifamily starts—apartment buildings and condos. Multifamily starts rose 22.4 percent last month, while single-family h
Expect to see more coral hues in home design next year. Pantone, the corporation known for its paint forecasts, unveiled “Living Coral” as its 2019 Color of the Year. The color, an orange shade with golden undertones, embodies “warmth and comfort,” Pantone says.Living Coral can make a bold statement as an accent color, and forecasters expect to see it in more shag rugs, cozy blankets, and upholstery to “create a warm, comforting, and nu
Starting in 2020, all new homes constructed in California will be required to have between 2 kilowatts and 3 kilowatts of electricity sourced directly from solar panels. State legislators, who have been considering such a measure for some time, officially voted recently to amend state building codes. Other states are watching how the change plays out and may want to follow suit, California officials have said. “These provisions really are histo
National homebuilder Taylor Morrison has its eye on pastels, unique finishes, and floral touches in the upcoming new year. The builder says it will be incorporating some of the freshly spotted hottest home design trends into its model homes that are set to debut in 2019.Some of those home design trends that it expects to make a splash with home buyers in the new year are: © Taylor Morrison1. Pastels and jewel tones: Baby blues, mint greens
Airbnb is moving beyond helping people rent out space in their homes. Now it wants to start providing the actual houses, too. The company has announced plans for a new venture that will design and build homes, called “Backyard.” Airbnb co-founder Joe Gebbia describes it as “an endeavor to design and prototype new ways of building and sharing homes.”Airbnb officials say they want to combine the use of smart-home tech and sophisticated man
Sales of new homes plunged to a more than 2 1/2-year low in October, as all four major regions of the U.S. posted sharp declines, the Commerce Department reported Wednesday.Sales of newly built, single-family homes dropped to a seasonally adjusted annual rate of 544,000 units in October—the lowest pace since March 2016.Higher borrowing costs are pushing homeownership out of reach among more potential buyers, which has been playing out in the sa
Townhouse construction is outperforming other building sectors, a new analysis from the National Association of Home Builders shows. In the third quarter of this year, townhouses accounted for 33,000 residential construction starts compared to 27,000 in the second quarter of 2017. Construction of townhomes is 24 percent higher than the prior four quarters.Builders expect demand to grow. “Townhouse construction is set for further expansion given
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