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The Florida HBA's concerns over massive property tax cuts leading to increased impact fees spilled over into a political donnybrook in which prominent state politicians returned campaign contributions to the HBA, and Wayne Bertsch, the trade group's political director, was dismissed.
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The news just keeps getting worse. The impact of the mortgage crisis is spreading—to higher-end home buyers with good credit, to the commercial real estate market, to Wall Street, to the global financial markets. A chain reaction is taking place, the likes of which we've never seen before. And it's...
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The Mattabeseck Indians called these small outcroppings “Kuttomquosh,” meaning “beautiful sea rocks.” These days, they are called the Thimble Islands. Some of them are so tiny that debate goes on over whether they are actually islands or just rocks. Depending on which camp you are in, you can count...
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By implementing and continually refining a comprehensive commitment to quality management, Atlantic Builders has since reduced warranty costs to one-quarter of 1 percent of its annual revenue, a savings of about $2,200 per house. The company also has shaved more than a month off its per-house cycle...
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The specter of families running from foreclosure, leaving their new homes in the middle of the night, haunts the Franklin Township section of Indianapolis, a part of the city where home builders flourished during the boom.
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Fact: the population of the U.S. is growing at a faster rate than any country other than China and India. Projection: Between the years 2000 and 2030, the U.S. will need 100 billion square feet of new residential space.
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With starts down and cancellations up, builders no longer expect a home run with each new community. Now, they'll settle for base hits, for doubles, and even for walks that finally get that languishing spec house and its shrinking margins off the field. Veterans look at the rookies and shake their...
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WHY IT WORKED: A whiz-bang marketing campaign targeted toward young urban professionals helped reel in buyers at this development, part of Atlanta's hot Atlantic Station, a live/work/play community in the heart of midtown.
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WHY IT WORKED: Size definitely matters, especially in the world of high-end luxury real estate. Lots at Sanctuary average 22,000 square feet; floor plans, some featuring as many as five bedrooms and a four-car garage, top out at a whopping 5,599 square feet.
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- Localities continue to push forward with new fees and regulations that will further erode housing affordability.
-The NAHB informs Congress of its members' consistent efforts to promote and develop energy-efficient and environmentally friendly construction techniques.
-According to experts...
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- Quickbooks favored by vast majority of small builders, according to a 2006 BUILDER magazine IT survey.
- HomeFront's new software brings production-style automation to small builders.
- Hyphen Solutions is offering a streamlined version of its, Web-based BuildPro scheduling tool.
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The word “used” has a bad connotation. No one wants used clothes or used shoes. Is it any wonder that automobile manufacturers have gotten hip to this and now use the term “pre-owned vehicles” instead of “used cars”?
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Economic forecasters trying to predict the path of the housing industry each month find themselves making major revisions to their projections, not just minor changes, says one such economic soothsayer.
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Imagine waiting for a commuter train, checking messages and e-mail on your PDA or cell phone, and receiving an alert ping asking if you'll accept a 30-second sound bite about a builder offering new homes in the area. That's just one high-tech marketing method employed by T.H. Properties (THP), one...
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Jeff Burton, president of American Dream Development, raised more than a few eyebrows when he bought the site of an old drive-in theater on Grant Avenue in Junction City, Kan., to build a townhome neighborhood. No one had ever built for-sale townhomes in Junction City, a community of about 19,000...
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SOMETIME SOON, THE EXECUTIVE TEAM running Colorado Springs, Colo.–based Classic Homes hopes to buy or start up a bank, through which Classic would expand its mortgage and title businesses.
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Motorists along California's highway 405 now have something else to look at: a billboard displaying the millions of dollars wasted each day by California homes and businesses that use traditional hot water tanks.
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Citing “baseless” claims of environmental impact, the NAHB celebrated a June decision by the U.S. Supreme Court that will grant Clean Water Act permitting authority to Arizona's state government.
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The mood in the home building industry is officially glum. Buyers are playing a waiting game, and inventory isn't moving. Except in the case of that builder around the corner whose homes are being snapped up faster than free NFL tickets on Craig's List. What gives?