US Home Construction Jumps Nationally, Declines in Northeast
The rise in June put home construction at a seasonally adjusted annual rate of 1.64 million units, the Commerce Department reported Tuesday.
Construction Spending Fell in May as Housing Slowed
U.S. construction spending fell 0.3 percent in May. Growth in housing, the economy’s standout performer, slowed while activity in areas most directly impacted by the pandemic showed further weakness.
In Bidding Wars, How High Is Enough?
One of the first questions buyers ask these days is: How far over the asking price should I go to get the house I want? Obviously, it all depends.
NAR: Underbuilding Left America Short 5.5M to 6.8M Homes
Calling the state of the nation’s housing stock “dire” and the supply-demand gap “enormous,” the report calls for “a major national commitment to build more housing of all types.”
Greater Boston Housing Construction Can’t Keep Up
Greater Boston grew its housing stock at by 6.2 percent over the last 10 years, according to new Census Bureau data analyzed by apartment rentals website Apartment List, but it wasn’t nearly enough to accommodate job growth over the same time period.
Banker & Tradesman’s Editorial Cartoon: We Found a Cheaper Building Material
At some point, you might as well just build the house out of cash to save some money.
Fewer New Houses Coming, Not More
Anyone hoping builders will be putting up enough houses to alleviate the shortage on the market may just as well wish to see the tooth fairy.
Realtors Offer Legislators Insight into the Issues
This year on Realtor Day on Beacon Hill, the strength of our collective involvement will be on display via remote platforms as we head into what we hope is the home stretch of the COVID-19 pandemic.
NAHB: Most Builders Struggle With Supply Issues
Most of America’s single-family homebuilders are facing trouble securing both building materials and appliances for fitting out their developments, new data from the National Home Builders Association says.
Stronger Growth Predicted in Remodeling Sector
Homebuilders and remodelers can expect their businesses to grow modestly this year, according to a new estimate by Harvard University housing researchers.
Home Construction Spikes in Northeast
U.S. home construction rose a solid 1.9 percent in September after having fallen in the previous month, as home building continues as one of the bright spots of the economy.
Should Housing Advocates Look to the Suburbs?
Here’s a startling statistic that should be a cause...Healthy Homes Take Center Stage
For all the personal and financial damage the coronavirus pandemic has caused, it has also given new impetus to what had been a slow-moving trend toward healthier homes. And it’s easy to see why.
One Coronavirus Casualty: New Home Starts
Despite the uncertain fallout for the housing market, one thing is not likely to change: The Bay State’s dubious title as one of the most expensive places in the country to buy a home or condominium.
Water, Water Everywhere in Homebuilding
Water might not be on many homebuyers’ radar screens. But it sure is becoming a more important feature, both inside and outside the house.
New Frontiers in Home Energy Efficiency
The seemingly hidebound world of insulation is changing, as new products are introduced, old products are updated and consumers demand ever more efficient, affordable and environmentally friendly insulation products.
$350M Could Be Needed to Fix Central Mass. Home Foundations
The state legislature may need to come up with $350 million in the coming years to help thousands of homeowners from Auburn to Springfield whose foundations are contaminated with a mineral that makes them crumble.
Additional Charge for Former Springfield Golf Pro, Homebuilder
A former Springfield golf course manager who was indicted last month on charges of stealing money from municipal courses and using the funds to build houses has been indicted on another charge of making false statements to a bank to conceal a cash down payment.
Online Reviews Aren’t Always Trustworthy
Many people rely on online reviews to decide what to buy. Indeed, research from Nielsen Global Media shows that opinions posted online are second only to personal recommendations in influencing purchase decisions.
Odd Lots: Dodge a Catch 22 After Natural Disasters
Homeowners who lose their homes to wildfire, flood, tornado or another national disaster often lose the records needed to prove their losses – for tax purposes, obtaining federal assistance or reimbursement from their insurance companies.
