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AARP survey finds 29 percent of baby boomers have made changes to homes so they can live there longer.
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In late October, Prescott, Ariz., auctioned 2,274 acre-feet of effluent for more than $67 million. One month later, a huge plant in Orange County, Calif., began purifying sewerage, including runoff and household waste, into drinking water and is projected to produce 70 million gallons a day that is ...
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When C.P. Morgan Communities chose Charlotte, N.C., as its first expansion market, in 2004, it selected it from 25 cities the builder had analyzed along seven statistical categories and 25 subcategories. Since entering Charlotte, the builder has broken down that metropolis into 20 submarkets and rea...
A 2003 United Nation report made a grim prediction: More than half of humanity will be living with water shortages within 50 years. That same year, the U.S. Government Accountability Office said 36 states expected to suffer water shortages in the subsequent decade. Those predictions have come to pas...
Ask builders where they'd like to expand, or start over (which is more likely the case these days), and eventually they'll mention these and a few other markets, all for the same reason: strong job growth that promises steady home sales for years to come.
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Personal income in the U.S. rose by two-tenths of 1 percent in October, a slower rate than most economists had predicted and another indication that troubles in the housing and credit markets could be spilling into the general economy. The Commerce Department's Bureau of Economic Analysis estimates ...
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Data released by the U.S. Census Bureau and the Department of Housing and Urban Development (HUD) Thursday morning shows that new-home sales bounced back in October-thanks to a generous adjustment to September's data to show a pace of just 716,000. The figure originally reported last month was much ...
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New-home sales hit 770,000 in September, according to data released today by The United States Census Bureau and the Department of Housing and Urban Development. September's numbers are 23.3 percent below the September 2006 level of 1.004 million homes. New-home sales for August were adjusted down f...
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Construction continues to stall as housing starts dropped 10.2 percent in September, while building permit activity plummeted 7.3 percent, according to a joint report from the Commerce Department and the U.S. Department of Housing and Urban Development on Wednesday. The monthly report revealed that ...
Next January, the Lane Co., an Atlanta-based multifamily real estate firm, will begin construction on a $75 million, 18-acre project that would include 342 for-rent apartments and 57 for-sale townhouses, located within walking distance of the city's ambitious Beltline redevelopment, which is being d...
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Shea Homes, a private home builder based in Walnut, Calif., announced on Tuesday that it has entered the Florida home building market. Victoria Gardens, a gated, active adult community located between Orlando and Daytona Beach, will offer five models for viewing beginning in early 2008. According to...
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The National Association of Hispanic Real Estate Professionals (NAHREP) today announced a new Code of Trust, a set of ethical practices for its members. The code was developed to address the abuses that helped fuel the current foreclosure crisis and shrinking availability of credit, says NAHREP pres...
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America continues to diversify, with nearly one in every 10 of the country's counties having a population that is more than 50 percent minority, according to new data from the U.S. Census Bureau. That diversification is expanding beyond the traditional immigration gateways, however, into more suburb...
Single women now represent 22 percent of home buyers, up 14 percent from a decade ago, according to the National Association of Realtors. So what exactly do they seek in a home?
MENARDS, THE THIRD-LARGEST HOME improvement retailer in the United States, is more than 75 percent through the build-out of 164 single-family homes in a subdivision it is developing in Yorktown, Ill. The Eau Claire, Wis.–based dealer has received approval for phase two of this development, which wil...
America's housing industry faces the greatest threat to its sustainability in decades from a crisis of affordability that is shutting out increasingly larger numbers of prospective buyers from purchasing homes, whose prices—despite recent reductions—remain simply out of reach.
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LAST YEAR SAW THE HIGHEST number of housing discrimination complaints ever filed in the U.S. in a single year. According to HUD's annual fair housing report, the federal agency and state and local government agencies received 10,328 such complaints in 2006. Race and disability, the report says, made...
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March new-home sales make a small jump but are still well below 2006 totals.
Not too many years ago, A stroll along a downtown Minneapolis street after quitting time would be a lonely jaunt. Same for downtown Houston, in-town Atlanta, and even office-laden Washington, whose daytime population hopped in cars for a commute to the suburbs when offices closed for the evening.
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- The Census Bureau estimates that the U.S. population will reach 400 million in 2043.
- Statistics fail to show the true number of vacant houses posing a threat to future new-home sales.
- The NAHB Research Center's educational program updates builders on valuable online resources.