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WASHINGTON, April 25, 2003 (Hanley-Wood News Service) ? Single-family new-home sales shot up 7.32 percent in March to a seasonally adjusted annual rate of 1,012,000, according to figures released by the Census Bureau this morning. The increase is 10.6 percent higher than the March 2002 rate of 915...
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WASHINGTON, April 16, 2003 (Hanley-Wood News Service) - Housing starts increased unexpectedly by 8.3 percent in March, buoyed by continued low interest rates, the government reported today. The good news for builders was tempered by a 7 percent drop in March permits, the biggest drop since March...
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Transport yourself back to the time when you entered the industry. I first started writing about housing in 1980, two years after BUILDER magazine was born.
1978 First issue of BUILDER is published in May; total housing starts hit a record 2 million; microwaves gather steam as standard item; major brands include Caloric, GE, Jenn-Air, Litton, MagicChef, Micro-Tronics, Modern Maid, Sears, Tappan, and Whirlpool; builders report putting microwaves in...
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When we asked 10 well-known "pundits" to comment on housing's progress in the last quarter century and its future promise, we had no trouble finding a common thread. This year, the Lewis Group of Cos., which does apartments, commercial construction, and land development for master plan communities...
Those who were around in the late '70s probably remember working with heavy tools, energy-guzzling appliances, and under-performing paints. What a difference 25 years makes. Nearly every product or tool used today has been improved, even the lowly hammer, with its new ergonomic designs. Today's...
Since its inception, BUILDER has recognized visionary residential architects who took risks and created memorable communities with exemplary, forward-thinking planning and design. Orange County, Calif., architects like Mark Scheurer and Robert Hidey created new floor plans and small-lot...
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The Mortgage Bankers Association of America says the share of ARMs was 17 percent in 2002; it expects them to be 15 percent in 2003.But the average size of a lot has shrunk by 1,762 square feet over the last 25 years, while the size of the house that is on that lot has increased by 503 square...
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The following 25 predictions, culled from past issues of BUILDER, provide an opportunity to evaluate our visionary skills, take a look back with 20/20 hindsight, and see just how far the housing industry has come in the last quarter century.
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If history is any guide, the industry will continue to change and develop.In the future, as in the past, the ability to capitalize on change will be what separates successful companies from the pack.In 1978, the NAHB owned BUILDER, which had previously been published as a tabloid under the name...