The city of Surfside in Florida has, not surprisingly, seen plummeting interest in older condo buildings from buyers and renters in the wake of the tragic collapse of the 12-story Champlain Towers South condominium last month. Real estate agents say they have received far fewer inquiries about older buildings constructed prior to 2000, and those
New homes are smaller and have fewer bedrooms
New home contractors are building homes with fewer bedrooms than previously in order to cater to the demand for smaller, more affordable properties. According to the U.S. Census Bureau’s latest survey of construction firms, the number of bedrooms in the average newly constructed home in the country is falling. The amount of new single-family homes
Builders renew their focus on baby boomers
Builders are increasingly focused on catering to so-called baby boomers, or those aged 55-years and up, with communities designed especially for their needs. BUILDER reports that baby boomers are perhaps the most significant demographic for homebuilders, as they currently number around 76 million and hold around two-thirds of home equity in the U.S. And so
The Top 20 Real Estate Developers of North America in 2018: a Guide
Have you ever wondered about who the top 20 real estate developers in North America are? Well it’s you’re lucky day: we’ve got a complete and comprehensive list of the biggest movers and shakers across the real estate development industry, from residential to commercial to industrial and beyond. Top 20 Real Estate Developers: Residential Construction
Developers are catching up with the co-living trend
The trend towards co-living is growing rapidly in the U.S. as renters and homeowners realize they can afford to live in a better home by sharing the costs with housemates. Co-living refers to the idea where tenants will rent a small room within a larger home or apartment, and then share common areas such as
Developers are building more rental homes, NAHB says
The National Association of Home Builders says a rising number of single-family homes are being constructed for the rental market, according to its chief economist Robert Dietz.
How developers and city planners can promote healthier lifestyles
Experts are investigating if there is a link between life expectancy and the standard of people’s housing, and if so, how this problem can be addressed.
Report: U.S. homebuilders have failed to keep up with population growth
Population growth has been outpacing that of housing construction in the U.S. for more than a decade. That’s according to the findings of a new report from the Up for Growth National Coalition, a group of real estate developers, owners,
More home builders are targeting millennials
With millennials entering the housing market in growing numbers, they’re expected to take the lead when it comes to new home buyers too, according to Census Bureau data analyzed by the National Association of Home Builders. Currently, around 36 percent of millennials are homeowners, which means they’re making the fastest gains of all age groups,
New housing starts are “not enough”, NAR chief economist says
Housing starts for single-family and multifamily homes fell by almost 7 percent month-over-month, to a seasonally adjusted rate of 1.24 million units.