Large Metro Markets Show Biggest Slowdown in Single-Family Construction

Rising mortgage rates and elevated construction costs have taken a toll on the pace of single-family construction in markets across the nation, with the slowdown most pronounced in large metro areas. Multifamily market growth also fell in most areas of the country, according to the latest findings from the National Association of Home Builders (NAHB) Home Building Geography Index (HBGI)… Read More ›

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2012 Home of the Year: English Angel

This Arts and Crafts style house draws from the most influential English architects of the early 20th century. Designed to be enjoyed by multiple families as a second home, this 4,900-sq-ft home contains three identical master suites, three bedrooms and six bathrooms. The bold stucco massing and steep roof pitches make a commanding presence, while flared roof lines and various detailed openings articulate the form. Inside, neutral-colored walls accentuate richly stained woodwork. The timber trusses and the intersecting peak and…

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July Gains in Private Residential Construction Spending

NAHB analysis of Census Construction Spending data shows that private residential construction spending rose 1.4% in July after an increase of 1.5% in June and 3.5% in May. Spending stood at a seasonally adjusted annual pace of $879 billion. However, total private residential construction spending is still 5.5% lower compared to a year ago. The total construction monthly increase is… Read More ›

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Unemployment Rises To 3.8% in August

The recent employment data indicates that the labor market is cooling gradually due to rising interest rates. Total employment increased by 187,000 and the unemployment rate rose to 3.8% from 3.5%. Wage growth slowed. In August, wages grew at a 4.3% year-over-year growth rate, down 1.1 percentage points from a 5.4% gain in August 2022. The Bureau of Labor Statistics… Read More ›

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Multifamily Spotlight: Atlantic Station

Atlantic Station is located at the intersection of two main arteries of Stamford, Conn.: Atlantic Street and Tresser Boulevard, in the city’s business core area. This mixed-use development encompasses both retail and residential in its two phases of construction. Phase One, Atlantic Station, will include 26 stories and 325 rental units amounting to 345,000 square feet of residential and 32,000 square feet of retail space plus 12,000 square feet converted to a restaurant. Phase Two, Atlantic Station West, also includes…

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2014 Home of the Year: Rio Estancia

Taking cues from the panoramic vistas offered on the property, the main home, bedrooms and guest quarters were organized in the South American Estancia fashion, utilizing the elements of pavilion living components to frame the main courtyard around the pool and edging up to the Guadalupe River. Surrounded by mature oak trees facing the prevailing southeast Texas breeze, the building program was organized in four zones, offering owners and guests private areas for living and entertaining as well as privacy…

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BALA Celebrates Inductees Richardson, Thee & Pearlman

Walter “Walt” Richardson, Class of 2013* For over four decades, RNM Architects/Planners has pioneered in integrating innovative master planning with architectural design for a wide variety of new towns, and specific programs for residential, commercial/office and recreational facilities. Known as the “dean of Orange County architects,” Walter Richardson, FAIA, refined his community planning skills by designing military housing after graduating from Berkeley in 1950. High-density land planning was key to making those middle-range houses affordable to the home buyer and profitable…

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Home of the Week: The Fletcher

The Fletcher is a relevant take on the cottage with a thoughtful footprint. This home is a residential symbol of the pledge to a more sustainable way of practicing the design craft. Space should be intentionally occupied for the fullness of living with minimal excessiveness. At 1740 square feet, this home is an example of how form, function and comfort can and should coexist. Inside walls and trim serve as a clean canvas to differentiate the strokes of heavier, darker…

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