The Place at Fifth + Broadway is a 34-story residential building at the west end of the Fifth + Broadway development in the heart of Nashville, Tennessee. The rehabilitated city block replaces the city’s former convention center with state-of-the-art facilities that invigorates downtown Nashville and spotlights the city’s vibrant culture renowned for live music, honky-tonks and nightlife. The Fifth + Broadway master plan — which includes the residential tower, an office building, retail, restaurants and entertainment components — are organized…

The population of North Carolina rebounded strongly from a brief period of negative growth the state experienced in 2020 due to the COVID-19 pandemic. North Carolina’s population grew at a rate of 1.3% between 2021 and 2022, the ninth fastest of any state. By count, North Carolinas population increased by 133,088, the 3rd largest nominal increase in the U.S. North… Read More ›

Surely, you have done something unique and award-worthy over the past two plus years. To be eligible for the Best in American Living Awards (BALA Awards), the home(s) or project(s) must have been completed or first model opened between Jan. 1, 2021, and Aug. 28, 2023. To be considered complete (vs. on-the-boards), community categories must have at least 50% of the building units and 50% of the infrastructure completed by Aug. 28, 2023. Think back on the projects you did…

NAHB analysis of the Census Bureau’s quarterly state and local tax data shows that $174 billion in taxes were paid by property owners in the first quarter of 2023 (not seasonally adjusted).[1] In the four quarters ending Q1 2023, state and local governments collected $714 billion of property tax revenue. The year-over-year growth rate of property tax collections is more… Read More ›

The Strand is one of the last remaining land developments along the California coastline that still has undeveloped, vacant lots. Each lot is carefully planned to maximize views of what’s called Headland Rock and the picturesque coastline beyond. The selected building site features intimate views of Headland Rock. The open layout of the home draws views through the home, from the double height entry foyer to the entertaining indoor/outdoor spaces. Key elements of the home are floor-to-ceiling window walls, pocketing/sliding…

NAHB analysis of county level permit data and demographic data indicates that single-family home building in the first quarter of 2023 is occurring mostly in counties where baby boomers make up a majority of the population. The Census Bureau provides county level population age estimates in 5 years intervals. For example: 0-4, 5-9, 10-14 through 85+. Using these estimates, we… Read More ›

The 2022 Survey of Construction (SOC) from the Census Bureau shows that the average completion time of a single-family house is around 9.6 months, including a little over a month from authorization to start and another 8.3 months to finish the construction.  This is almost one month and a half longer than the average completion time in 2021, reflecting supply-side… Read More ›

A lack of existing inventory coupled with solid consumer demand helped to boost new home sales in May to their highest level since February 2022. Sales of newly built, single-family homes in May increased 12.2% to a 763,000 seasonally adjusted annual rate, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census… Read More ›

The project offers much needed transitional housing for returning U.S. veterans. The complex was planned and designed to create a walkable, campus-like setting to provide a nurturing, rehabilitative environment. Architectural elements celebrating aviation have been incorporated throughout to evoke an image of “taking flight” while paying homage to its location. Services such as job skills training, counseling, meals and more are provided on site, while housing comprises three different specialized programs: The Veterans in Progress (VIP) program provides short-term, dorm-style…

The failure of several banks in 2023 and the ensuing stress in U.S. financial markets has had an effect that some builders and developers are beginning to notice, according to two recent NAHB surveys.  In one of the surveys, roughly three-in-five builders and developers reported that loans for land acquisition, land development and speculative single-family construction have become more difficult… Read More ›