Housing News



April 01, 2005

A National Association of Realtors' (NAR) study of second home purchases recently revealed a wave of new speculators in the real estate market. With investment home sales making up 23% of the real estate market, homebuyers are turning to real estate more and more as a vehicle for financial investment to diversify their portfolios.

April 01, 2005

Recent research at the Lusk Center for Real Estate at the University of Southern California shows persistent racial gaps in U.S. home ownership rates. However, that bad news has a good side: there's an untapped market, especially in America's cities, for new housing targeted to minorities. The research also shows these prospective buyers have not only the will to purchase homes, but the money, ...

March 01, 2005

Predicting the Future is tricky business. Last year, housing experts uniformly predicted that home building would come off its hot streak, but record results proved them wrong. Now they agree that decline will come this year. According to the NAHB, 2005 will show a modest decline in total housing starts from 1.

December 01, 2004

Crosswinds Communities, headquartered in the Detroit area, recently enjoyed huge success with a lottery that resulted in 49 home sales in one day in its 727-acre, award-winning master-planned community, The Sanctuary, in Ovieda, Florida. While most lottery-style sales are used when demand far outstrips supply, Bob Kanjian, president of Building Solutions, who handles marketing and on-site sales...

December 01, 2004

How are new home sales likely to fare in 2005? According to economists at the National Association of Home Builders' Construction Forecast in October, single-family production will set another record next year. However, says David Seiders, NAHB's chief economist, "activity will flatten in 2005," as it is in the process of "topping out.

December 01, 2004

Peter S. Reinhart, senior vice president and general counsel for Edison, N.J.-based K. Hovnanian Cos., believes the ever-populous Garden State needs higher density zoning. But first, state planners must wrest power from municipal leaders, who lack the political will and courage to implement it. "If we continue to allow local authorities to make these decisions without consideration of overall s...

December 01, 2004

Public/private partnerships present a compelling win-win for builders of all sizes. When, for example, planners in Washington, D.C., wanted to replace a 1920s-vintage public school, they put out a request for proposals, but no bidders emerged — that is, until a restructured RFP allowed development of an apartment building on a 1.

December 01, 2004

Clever Homes, a San Francisco construction-systems company that develops pre-fabricated homes partnered with Affordable Green Development and CNet Networks to unveil the "Now House," a 2,400-square-foot-house that cost a little over $100,000 to build and includes the latest electronic gadgetry. On display in the parking lot at SBC Park in San Francisco, the project demonstrates that affordable ...

December 01, 2004

TimberSIL Nontoxic Pressure-Treated Wood: A sodium-silicate-based pressure-treatment system for wood that relies on a mineralization process rather than toxins to prevent infestations and decay. The patented chemistry and heat-treatment process result in the infusion of microscopic glass "crystals" throughout the wood, providing a permanent, insoluble treatment with no dusting or leaching.

December 01, 2004

An employee leaving a company is like a stone thrown in a still pond: ripples of disruption spread through the organization, creating unbalance. In any business, this unbalance can be expensive. Turnover can cost a builder in recruiting and administrative fees, lack of attention to quality from employees on their way out, and slower productivity until new employees are up to speed.

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