Home of the Week: Stratford (Lusitano Ranch)

This community offers estate-sized lots, while providing stair-free living for easy home circulation. Abundant bedrooms, guest spaces and flexible uses provide floor plans that can be customized to meet the needs of many different potential buyers. The homes are designed with three different takes on modern farmhouse, each with its own material palette. A mix of stucco, stone veneer, horizontal siding, vertical siding, wood-look tile and cementitious panels are mixed to create visual interest and varying textures. The plan —…

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States and Construction Trades Most Reliant on Immigrant Workers, 2021

Earlier this year, we published a post highlighting a continuing high reliance of construction on immigrant workers post pandemic. Immigrants make one in four construction workers. The share is significantly higher, reaching 30%, among construction tradesmen. In some states, reliance on foreign-born labor is even more pronounced with immigrants comprising close to 40% of the construction workforce in California and… Read More ›

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Remodel of the Week: Ravenswood Renovation

This home underwent a rejuvenation that resulted in significant changes to both the exterior and interior. The existing ’80s design was swapped for a clean contemporary and sleek aesthetic, and was re-imagined with fresh materials and new windows throughout. Oversized, black windows bring a bold element to the home and break up the once flat-box design of the house. The previous dull beige tone was replaced with bright, crisp white siding paired with light wood accents. Inside, natural daylight floods…

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Affordability Pyramid Shows 64.8 Million Households Cannot Buy a $250,000 Home

As described in a previous post, NAHB’s recently released its 2023 Priced-Out Estimates, show that 96.5 million households are not able to afford a median priced new home, and that an additional 140,436 households would be priced out if the price goes up by $1,000. This post focuses on the related U.S. housing affordability pyramid, showing how many households have… Read More ›

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Home Building Employment across States and Congressional Districts in 2021

According to the latest 2021 ACS, close to 11 million people, including self-employed workers, worked in construction in 2021. NAHB Economics estimates that out of this total, 4.5 million people worked in residential construction, accounting for 2.9% of the US employed civilian labor force. Home building in multiple states in the Mountain Division, as well as in Vermont, Florida, and… Read More ›

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Construction Job Openings Trending Lower

The count of open, unfilled jobs for the overall economy declined again in February, falling to 9.9 million, after an 11.2 million reading in December, which was the highest level since July, and 10.6 million in January. The count of total job openings should fall in 2023 as the labor market softens and the unemployment rises. From an inflation perspective,… Read More ›

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Multifamily Spotlight: Buena Esperanza

Buena Esperanza — an adaptive reuse of a blighted, two-story former Econo Lodge — provides permanent housing with onsite supportive services for 69 residents formerly or at risk of homelessness, chronically homeless with a mental health diagnosis, and veterans. The first motel conversion under the city’s streamlined, first-of-its-kind motel conversion ordinance, Buena Esperanza became a prototype model for California’s $2.75 billion Homekey program. The conversion of this Spanish-style commercial motel featured interior and exterior modernization of an existing two-story building,…

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Private Residential Construction Spending Declines in February

Private residential construction spending declined 0.6% in February, as spending on single-family construction decreased 1.8%. Spending declined for the ninth month in a row amid elevated mortgage interest rates. Consequently, private residential construction is 5.7% lower compared to a year ago. The monthly decline is largely attributed to lower spending on single-family construction, which has been declining since June 2022…. Read More ›

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Inspiration on the Drawing Board: Southern California Residence

Traditional forms combined with more contemporary details result in this transitional design that perfectly captures a crisp modern aesthetic while remaining warm and comfortable. The goal is to create an uplifting design that instills a sense of well-being and calm. Natural stone and warm wood are used in the interiors, and each room is flooded with natural light from large sliding glass panels and/or a central skylight. Folding glass panels open the main living area to the covered loggia, seamlessly…

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