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.
Katie Weeks / ECOBUILDING Pulse / June 2, 2013
After many months of debate over proposed revisions and an unprecedented number of public comment periods, the latest version of the USGBC’s LEED green building rating system, dubbed LEED v4, will go into effect this fall after it was successfully passed by ballot vote of USGBC membership, the organization announced this morning. The final overall vote was 86 percent in favor of adopting LEED v4. The minimum overall percentage of votes needed for passage was 66.7 percent.
Of the votes cast in the ballot, which was open for the month of June, 90 percent of the user category of voters approvedRead More
USGBC / May 31, 2013
Global projects represent a variety of building types, including schools, universities, healthcare facilities, office spaces and residential buildings
Washington, D.C. (May 30, 2013) – The U.S. Green Building Council (USGBC) announced today that nearly 100 building projects across the globe are already using LEED v4, the next version of the LEED green building program, by participating in the LEED v4 beta. The beta project teams are helping USGBC validate and improve LEED v4 implementation and testing support resources such as reference guide content and LEED Online forms. USGBC’sRead More
Robert Dietz / February 25, 2013
Census Data from the Quarterly Starts and Completions by Purpose and Design survey indicate that while the growth in custom home building starts has been relatively flat by count, the market share for owner- and contractor-built homes has shrunk due to a rebound in other types of home building.
The onset of the housing crisis and the Great Recession interrupted a 15-year long increasing trend toward a growing share for spec home building. As housing production slowed in 2006 and 2007, the share of non-spec building, particularly custom home building, increased. This not-for saleRead More
Frank Anton, Vice Chairman / BUILDER / February 21, 2013
Moody’s chief economist, Mark Zandi, says “it’s just arithmetic” that makes him an optimist.
At 1.1 million units, Mark Zandi’s 2013 housing starts forecast is more optimistic than most (the consensus forecast is about 950,000 units). But he says 5 sets of fairly simple numbers justify his bright outlook.
Set #1: At about 3.5%, the 30-year fixed rate mortgage is at its lowest point in 2 generations.
Set #2: The dollar volume of mortgage lending, while still depressed compared to historical averages, is increasing steadily.
Set #3: Housing values, after spiking
Jonathan Smoke / BUILDER / February 20, 2013
Metrostudy boots-on-the-ground evidence shows widely distributed recovery
The Commerce Department released the initial reading on housing starts in January and the 890,000 number represented a decline of 8.5% over December’s revised number of 973,000. As we typically see, the December number was revised up (from 954,000). The January change was within the margin of error, so statistically the initial January ready was meaningless as it often is. The decline in the SAAR rate was entirely caused by a statistically significant decline in multifamily starts. Meanwhile, single familyRead More