The Verge at Buzzard Point, a highly stylized luxury residential living apartment in Washington, D.C., features expansive, plush amenity spaces. This project aims to establish a youthful and industrial atmosphere with a poolside vibe near the Washington, D.C., ballpark, and targets young and ambitious individuals seeking a trendy environment. The incorporation of structural elements such as angled columns, concrete floors, steel, bricks and beams blends residential comfort with an industrial edge to create a timeless, robust setting for creative residents.…

The mission of this project was to resurrect this space, which had previously fallen victim to subpar renovation, while paying homage to the home’s historical significance and architectural heritage. The design approach skillfully marries the old and the new. The kitchen now boasts state-of-the-art appliances, including a rotisserie, and modern amenities, ensuring functionality for contemporary living. Simultaneously, it retains the charm and elegance befitting this historic residence. Two islands provide ample workspace and enhance the kitchen’s functionality. Intricate panels covering…

The percentage of new apartment units that were absorbed within three months of completion rose from 50% to 55% in the second quarter of 2024, according to the Census Bureau’s latest release of the Survey of Market Absorption of New Multifamily Units (SOMA). The survey covers new units in multifamily residential buildings with five or…

According to NAHB analysis of quarterly Census data, the count of multifamily, for-rent housing starts declined during the third quarter of 2024. For the quarter, 94,000 multifamily residences started construction. Of this total, 88,000 were built-for-rent. This was almost 14% lower than the third quarter of 2023. The market share of rental units of multifamily…

Steadily rising mortgage rates coupled with ongoing affordability challenges kept many potential home buyers on the sidelines in October. Sales of newly built, single-family homes in October declined 17.3% to a 610,000 seasonally adjusted annual rate, according to newly released data from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau….

Home price growth continued to slow in September, growing at a rate just below 4% year-over-year. The S&P CoreLogic Case-Shiller Home Price Index (seasonally adjusted – SA) posted a 3.89% annual gain, down from a 4.28% increase in August. The S&P CoreLogic Case-Shiller HPI year-over-year rate has decelerated for the seventh consecutive month, peaking at…

This collection offers five plans of three-story single-family homes to infuse the neighborhood with a variety of architectural styles. The designs balance elegance and comfort, and in this location, are woven into an extensive park network and within the area’s No. 1 school district. They’re a perfect fit for families who want a dynamic suburban lifestyle. Each detached home comes in one of three styles: modern farmhouse, prairie or contemporary. This three-story design, including living spaces on the ground level…

An expected impact of the virus crisis was a need for more residential space, as people used homes for more purposes including work. Home size correspondingly increased in 2021 as interest rates reached historic lows. However, as interest rates increased in 2022 and 2023, and housing affordability worsened, the demand for home size has trended…

The missing middle construction sector includes development of medium-density housing, such as townhouses, duplexes and other small multifamily properties. The multifamily segment of the missing middle (apartments in 2- to 4-unit properties) has generally disappointed since the Great Recession. However, there was a noticeable uptick for this type of housing construction in the most recent data. For…

The Cabana offers an enchanting guest experience as an adjoined but separate quarters. With its own patio, wet bar, bedroom, living room, bathroom, bunk loft, its 850-plus square feet of space is designed to cater to young families during extended stays. Bright colors and shiplap-clad walls create a vibrant coastal ambiance that is more exaggerated than the main home. The motif is enhanced by unique lighting features such as the chandelier and wall sconce. The dill-colored wet bar supports a…