Texas Builder Blog

Single Women Homebuyers are a Growing Market Niche

*MultiBriefs, Written by Michael J. Berens, on Feb. 5, 2020

Women have long been the primary client — or in the case of couples, the primary decision-maker — for residential interior design services. Due to some recent demographic trends, a new subgroup of potential women clients is emerging — the single homebuyer. As might be expected, these homeowners have different priorities for what they want in a home and how they want it to function. READ MORE

 

Building, Adapting Homes for Aging Population 

*InMaricopa, Written by Kyle Norby, on Feb. 4, 2020

From width of doorways to styles of doorknobs, design and remodeling of homes for an aging population has drawn notice from the construction industry since the 1990s. Though the topic is uncomfortable for many to talk about, surveys have found many seniors or soon-to-be seniors want to stay in their homes as they age. According to AARP, that’s 89%. The idea of having to move to a new living space to accommodate the issues of health or just slowing down is just not palatable. READ MORE

 

NAHB Course Provides Closer Look at Home Builders' Finance

*NAHB, Filed in Business Management, Education on Feb. 7, 2020

The true measurement of a business owner’s success — the financial scorecard — is a reflection of proper financial management and accounting. Builders and remodelers must understand accounting principles and job cost procedures to properly manage their businesses and achieve a balanced scorecard. READ MORE

 

Private Residential Construction Spending Rises for the Sixth Consecutive Month

*NAHB, Written by Na Zhao on Feb. 3, 2020

NAHB analysis of Census Construction Spending data shows that total private residential construction spending increased 1.4% to a seasonally adjusted annual rate (SAAR) of $540.7 billion in December 2019. With the support of decreasing mortgage interest rates, it was the sixth consecutive monthly increase after declines in the first half of 2019.  Nevertheless, the value of total private residential construction was $514.3 billion in 2019, 4.7% lower than a year ago. READ MORE

 

New Residential Community Southwest of Dallas Will Have Thousands of Homes

*The Dallas Morning News, Written by Steve Brown on Feb. 3, 2020

A huge new development southwest of Dallas will bring more than 2,000 homes.Hanover Property Co. has purchased 966 acres on U.S. Highway 287 in Midlothian for the mixed-use project. The planned $950 million development will include single-family homes, townhouses and commercial and industrial construction. READ MORE

 

Designing a Home's Main Defense: The Building Envelope

*Builder, Written by Tim Seims on Jan. 31, 2020

There is more to the exterior design of a home than just a pretty façade. In residential projects, system design of the building envelope seldom receives the attention it deserves. More time and resources need to be spent on what is the homes’—and occupants’—main defense: the building envelope. READ MORE

 

Final Opportunity Zone Regulations Provide Clarity but Add Complexity

*NAHB, Filed in Multifamily, Tax Reform Toolkit on Feb. 4, 2020

In late December, the Treasury Department and Internal Revenue Service (IRS) released the final regulations on investing in qualified opportunity funds (QOFs), which clarify many key issues regarding investments in opportunity zones and how to qualify for the associated tax benefits. NAHB has reviewed the final regulations and updated its frequently asked questions (FAQ) webpage to note key issues related to real estate investments. READ MORE

 

Millennials Will Dominate the Mortgage Market in 2020

*NAHB, Filed in Affordability, Economics, Homeownership, Housing Trends, International Builders' Show on Jan. 28, 2020

Markets in the South and West will experience the highest housing activity in 2020, as more millennials move out of big cities in search of more affordable markets, according to experts who shared some of the latest industry trends during last week’s International Builders’ Show in Las Vegas. READ MORE

 

2019 New Home Sales Up 10% Over Previous Year

*NAHB, Filed in Economics on Jan. 27, 2020

Sales of newly built, single-family homes declined 0.4% to a seasonally adjusted annual rate of 694,000 units in December, coming off a downward revision in November, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. The monthly number is 23% higher than the December 2018 pace. An estimated 681,000 new homes were sold in 2019, 10.3% higher than in 2018. READ MORE

 

2020 Study: Builders Increasingly Focusing on High-Performance Building Practices

*NAHB, Filed in Sustainability & Green Building on Jan. 21, 2020

Home builders across the country are prioritizing high-performance building practices in their projects, regardless of whether they consider the home they are building to be “green,” according to new research published in the 2020 Green Single Family and Multifamily Homes SmartMarket Brief. READ MORE

 

Demands for Apartments Will Fuel the Multifamily Sector in 2020

*NAHB, Filed in Economics, Multifamily on Jan. 22, 2020

Apartment production has returned to pre-recession levels and vacancies are low, but more new apartment homes are needed, according to experts participating in a press conference today during the NAHB International Builders’ Show in Las Vegas. READ MORE

 

NAHB Identifies Top Features and Design Trends for 2020

*NAHB, Filed in Design, Housing Trends on Jan. 22, 2020

Walk-in master bedroom closets, low-emissivity (low-e) windows and laundry rooms are the most likely features in typical new homes in 2020, based on a survey of single-family home builders. Energy-efficient features such as efficient lighting, programmable thermostats and ENERGY STAR appliances will also be likely, as will open design concepts such as great rooms and nine-plus-foot ceilings on the first floor. READ MORE

 

Recovery Added $11.3 Trillion to U.S. Housing Value in the 2010s

*Daily Record, by Zillow on Jan. 17, 2020

The total value of every home in the U.S. is $33.6 trillion, nearly as much as the GDP of the two largest global economies combined — the U.S. ($20.5 trillion) and China ($13.6 trillion) — according to a new Zillow® analysis. Since 2010, when the market was battling to regain its footing in the wake of one of the largest housing downturns on record, the national housing market added $11.3 trillion in value — a more than 50% increase. READ MORE

 

How to Build Communties Buyers Will Love to Call Home

*NAHB, Filed in Design on Jan. 14, 2020

A shift is taking place with home buyers. They want to invest in more than a home; they want to invest in the experience of living there. As a result, home builders need to focus more than ever on “placemaking” in community and neighborhood design. READ MORE

 

As California Comes to Grips with Housing Crisis, Texas Real Estate Rises in 2020

*Curbed, Written by Patrick Sisson on Jan. 14, 2020

Because of less red tape and a tendency toward sprawl, Texas has been able to keep up with demand and build more units over the last decade.The state’s rate of new construction and single-family housing permits has trended well above the national average since 2000, according to Texas A&M research, and the gap has only widened since 2010. READ MORE

 

Expert: 2020 to be 'Huge Year' For Austin Housing Market

*Statesman, Written by Shonda Novak on Jan. 14, 2020

Following a strong 2019, Central Texas homebuilders can look forward to a reprise this year in the region’s housing market. READ MORE

 

2020's Trending Colors of the Year

*NAHB, Filed in Design, Housing Trends on Jan. 10, 2020

New year, new decade. Time to breathe new life into home design. Restoration, optimism and sophistication are woven throughout this year’s selection of colors of the year, announced annually by Pantone and various major paint manufacturers. READ MORE

 

Experts Predict What the 2020 Housing Market Will Bring

*The Washington Post, Written by Kathy Orton on Jan. 6, 2020

A strong job market and low mortgage rates should sustain the housing market in 2020. The problem will be finding enough homes for buyers. With unemployment hovering at a 50-year low and interest rates well below historical norms, the real estate industry is being dragged down by scarcity in housing stock, especially at lower price ranges. Not enough homes are being built, and homeowners are staying put longer, creating a bottleneck. READ MORE

 

The Make It Movement Wants You to Learn a Trade and Love What You Do

*The Austin Chronicle, Written by Brant Bingamon on Dec. 27 2019

At its heart, the Make It Movement is a campaign promoting two-year degrees and career education so young people can enter well-paying jobs quickly and with little debt. The movement encourages young and old alike to ask an existential question — "What do I love to do?" — and then to find practical ways to turn the answer into a profession.  READ MORE