Economy: Page 44
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Construction material prices bounce back in June
An increase in crude petroleum prices drove the sixth month of growth in the last seven months.
By Kim Slowey • July 14, 2017 -
Lack of affordable housing hampering Bay Area growth
Something will need to give if the San Francisco area economy is to remain robust — whether that’s renewed growth in hiring or more housing options.
By Joe Dyton • July 13, 2017 -
Houston housing market sees record month in June
The city had 8,414 single-family home sales in June, up 8.3% from the year before, while inventory reached its highest level in nearly five years.
By Mary Tyler March • July 13, 2017 -
Deep Dive
9 ways to get the most out of lots
From staggering homes to meeting with city planners early on, these tips help optimize lots while improving views and reducing waste.
By Debbie Reslock • July 13, 2017 -
Pacific Northwest adds most new housing stock since May 2008
An expected summer slowdown in competition for homes helped 23 counties in the region add a total of 13,658 new listings for the month.
By Mary Tyler March • July 12, 2017 -
Where home prices are reaching new highs — and where they aren't
When adjusted for inflation, today's home prices are still below their pre-recession peaks, says Harvard University's Joint Center for Housing Studies.
By Joe Dyton • July 12, 2017 -
Los Angeles preps to host either 2024 or 2028 Olympic Games
Central to the city's bid is its ability to transport visitors, leading it to accelerate infrastructure projects already underway.
By Kim Slowey • July 12, 2017 -
Dodge Momentum Index keeps climbing with 1% bump in June
The institutional sector once again drove the uptick with a gain of 4.8%, which made up for a 1.3% loss in commercial.
By Kim Slowey • July 12, 2017 -
Deep Dive
3 ways new technology will impact homebuilding
Reducing reliance on skilled labor and amplifying home sales pitches are just a few of the ways industry leaders say digitization could change the way we build.
By Hallie Busta • July 11, 2017 -
Clayton acquires Birmingham, AL homebuilder
Harris Doyle Homes is the fifth builder to join the Berkshire Hathaway–owned company's site-build business.
By Mary Tyler March • July 11, 2017 -
IA city offers owners $15K to buy or build a new home
The grant addresses the need for new entry-level housing by requiring the homes to be worth between $110,000 and $199,500 and to have had no prior residents.
By Joe Dyton • July 11, 2017 -
Could a framing lumber shortage be underway?
Builders’ reported difficulty accessing framing lumber comes amid an ongoing dispute between the U.S. and Canada over their softwood lumber trade.
By Joe Dyton • July 11, 2017 -
Report: US construction industry trending positive through rest of 2017
Contractors are still confident enough in the market to leave plenty of room for profit and overhead in their bids, according to Rider Levett Bucknall.
By Kim Slowey • July 10, 2017 -
CA state Senate approves real-estate transaction fees
The affordable housing bill applies to transactions like mortgage refinancing, raising questions as to whether the state should reduce regulations first.
By Hallie Busta • July 10, 2017 -
How affordable housing can boost property values
High-quality new housing in low-income, high-minority areas can raise property values, lower crime rates and lead to greater racial and income integration.
By Mary Tyler March • July 10, 2017 -
For some renters, it pays to stay put
Renters who renewed their leases for the last five or more years instead of moving to a new apartment saved roughly $329 each month, according to Zillow.
By Joe Dyton • July 10, 2017 -
Millennial Latino homebuyers are key to housing's future
Strong workforce participation and the desire to own are expected to help drive household formations among this group, but access to credit is critical.
By Joe Dyton • July 10, 2017 -
Construction adds 16K new jobs in June
Despite the gradual two-month rise in industry employment, job growth remains unsteady as firms struggle to find skilled workers.
By Mary Tyler March • July 7, 2017 -
How proximity to public transit affects home values
Access to transit is known to add value to homes, prompting municipalities and developers to explore strategies to protect existing residents.
By Mary Tyler March • July 7, 2017 -
Clayton buys CO's Oakwood Homes in latest site-build deal
The Denver-based builder uses BIM and panelization, reflecting a trend toward offsite construction that Clayton could build on as it grows its site-build business.
By Mary Tyler March • July 7, 2017 -
What new owners spend after they buy a home
How much a buyer spends on new items or updates after the purchase may also depend on how much they spent to move — and those costs can be steep.
By Joe Dyton • July 7, 2017 -
JLL: Silicon Valley most expensive place for office build-outs
Southern cities such as Houston and West Palm Beach, FL, made up six of the 10 most affordable markets.
By Kim Slowey • July 6, 2017 -
Starter, trade-up home inventory continues to contract in Q2
A lag in for-sale listings is driving stiff competition among buyers whose growing numbers are helping to ratchet up home prices across the market, Trulia found.
By Mary Tyler March • July 6, 2017 -
How luxury real estate brokers are using SEO to sell homes
Search-engine optimization can help companies boost the chance that their properties will be seen in internet search results before their competitors'.
By Mary Tyler March • July 6, 2017 -
More homebuyers are making offers sight unseen
Of all generational groups, millennials were most likely to put in for a home without seeing it first, thanks in part to advances in home-walkthrough technology.
By Joe Dyton • July 6, 2017
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