News & Opinions
The latest news and insights from Hanley Wood’s outspoken experts and key thought-leaders throughout the residential and commercial design and construction industry.
David Crowe/ Eye on Housing / July 16, 2014
Builder confidence in the market for newly-built single-family homes rose four points to a reading of 53 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). Any reading over 50 indicates that more builders view sales conditions as good than poor.
The July reading marks the first time since January that the index has been above a level of 50. Better employment data and economic growth for the second quarter have buoyed builder confidence as the summer progresses.Read More
Jennifer Goodman / BUILDER / October 1, 2013
The 2014 New American Home, now under construction near Las Vegas, is destined to be a one-of-a-kind crowd pleaser for the International Builders’ Show attendees who tour it in February.
It is also designed to please its occupants—envisioned as a busy, extended family made up of children, parents, and grandparents. Architect Jeffrey Berkus’ design provides grand spaces for entertaining, areas for homework and schooling, quiet spots for meditation, and multiple outdoor living opportunities. (Click on the slide show at left to see time-lapse images of its construction.)Read More
Charlotte O'Malley / BUILDER / September 30, 2013
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According to Metrostudy’s active new home survey data, the five fastest-growing metros have experienced over 10,000 new home starts. As Metrostudy points out in their blogpost “A Housing Dimension to Forbes’ Recent Projection,” it’s noteworthy that the top three markets experiencing new home growth are included in a recent Forbes article listing top markets for expected job growth annually. Here are the markets that overlap:Read More
Jean Dimeo / BUILDER / September 26, 2013
The recovery brought with it larger new houses. Why?
During the recession, many Americans—reeling from downsized paychecks and declining home values—scaled back their super-sized lifestyles. Sales of giant SUVs and four-door pickup trucks fell, new-home sizes shrunk, recent graduates moved back home with mom and dad, and newlyweds stayed in rental apartments. How quickly we forget the recent past.
Commerce Department data shows that the average size of a new home was 2,647 square feet during the second quarter of 2013, eclipsing the record of 2,561 square feet set in the first quarterRead More
Andrew Knight / BUILDER / September 24, 2013
Building information modeling (BIM) is slowly changing the way building projects are approached, however it has yet to catch fire in the home building industry. Here are a few of the holdups.
There isn’t a ton of BIM expertise out there—especially in the home building sector. It is a relatively new technology and can be complicated to grasp, so there tends to be a natural reluctance to take BIM on.
2. Software Cost
The upfront costs for hardware, software, training, and implementation can be pretty hefty. Six digits hefty. This perceived cost and risk of spending money beforeRead More