Home builders

Pullback by homebuilders and buyers could tip the United States into a recession

The fall in housing investment due to Fed interest rate hikes drags the economy down and … [+] could contribute to causing a recession. Getty The estimated second quarter gross domestic product (GDP) data published on Thursday shows that the US economy is on the brink of recession, with an overall decline in inflation-adjusted GDP […]

Home builders

Homebuilders to donate $50,000 to nonprofits at July 28 awards banquet

The Las Cruces Home Builders Association (LCHBA) will award $50,400 to 13 local nonprofits at its Casa for a Cause awards banquet beginning at 6 p.m. Thursday, July 28 at the New Mexico Farm and Ranch Heritage Museum , 4100 Dripping Springs Road. The money comes from the sale of the fifth LCHBA Casa for […]

Home builders

Local homebuilders pleased with Kamloops council’s decision on ‘gross’ requirement for electric vehicle charging | Radio NL

In hopes that residents will gradually transition to electric vehicles, local homebuilders were happy to see the city council compromise on how to ensure new homes will be EV-ready. It has been proposed that new builds have a pre-wired, energized electrical outlet for electric vehicle charging. At the July 19 meeting, Council passed an […]

Home builders

President announces steel, cement and financial stimulus for homebuilders – Demerara Waves Online News – Guyana

Updated on Friday, July 22, 2022 at 10:34 p.m. by Denis Chabrol President Irfaan Ali at the opening of the 2022 International Building Expo President Irfaan Ali on Friday night announced free “steel and cement” packages as well as no down payment and reduced interest rates for people wishing to build their own homes. He […]

Home builders

California Home Builders opens 359 apartments at Warner Center

Shawn Evenhaim, CEO of California Home Builders, and a rendering of the Q De Soto project in Woodland Hills (Newman Garrison + Partners, IAC) A local developer with a group of similarly branded housing projects has opened a 359-unit apartment complex on the edge of the Warner Center in Woodland Hills. Canoga Park-based California Home […]

Home builders

Homebuilders halt construction as confidence plunges to two-year low

Topline Homebuilder confidence plunged to a two-year low in July as high inflation and supply chain constraints prompted many builders to halt home construction, the report reported on Monday. ‘National Association of Home Builders, marking the latest sign that the housing market is set to see a rapid recovery. after the pandemic-era home-buying spree. Production […]

Home builders

Okanagan homebuilders want city council to focus more on affordability than aesthetics | infonews

This Rutland-approved 84-unit apartment has been criticized for not having a “wow” factor. July 17, 2022 – 5:37 pm The most energy-efficient and affordable houses to build are not necessarily very pretty. People who build homes in Kelowna want the City of Kelowna to know […]

Home builders

The threat of wildfires becomes a tool to fight against homebuilders

Preston Brown knows the fire hazard that comes with living in the chaparral-lined rural hills of San Diego County. He has lived there for 21 years and has been evacuated twice. That’s why he fiercely opposed a plan to build more than 1,100 homes in a fire-prone area he says is difficult to evacuate safely. […]

Home builders

Homebuilders cut prices and slow construction as buyers pull back, survey finds

Home builders are feeling nervous. That’s according to a June homebuilder sentiment survey by John Burns Real Estate Consulting. Demand for new homes is falling as buyers cancel orders and builders cut prices to unload homes, the survey found. “Scary times,” a Nashville, Tennessee, homebuilder told the company. “Raise the money and hang on for […]

Home builders

No respite for homebuilders as construction costs continue to rise

CoreLogic’s Cordell Construction Cost Index (CCCI) for the second quarter of 2022 showed national residential construction costs rose 10.0% in the 12 months to June 2022, the rate of highest annual growth ever recorded apart from the introduction of the GST (10.2% over the year to March 2001). CCIC’s indexed quarterly growth rate of 2.4% […]

Home builders

High End Kitchen Renovation by NOA Home Builders – Bathroom and Kitchen Renovation

Remodeling the kitchen is one of the best ways to improve the look of a home. A fresh, updated kitchen can have a significant impact on a home’s comfort and increase its resale value. That said, hiring the right kitchen remodeling contractor is essential to the ideal kitchen design. Studio City, California – In a […]