A rare new build in the coveted beachfront enclave of Diamond Head, this 7,324-square-foot residence embraces its spectacular location while paying homage to island vibes in a modern, fresh way. Complicated structural systems provide expanse and openness. Walls give way to glass engineered to maximize spectacular ocean views and seamless indoor-outdoor living. The purposely designed entry considers the flow of energy, opening to a voluminous space where the landscape intersects under a dramatic floating staircase, and meanders around the stunning…

Builder sentiment was flat in April as mortgage rates remained close to 7% over the past month and the latest inflation data failed to show improvement during the first quarter of 2024. Builder confidence in the market for newly built single-family homes was 51 in April, unchanged from March, according to the National Association of…

Mulberry Farms’ community vision is an active, pedestrian-connected and engaging neighborhood crafted for its residents. As a build-to-rent community, it offers a desirable lifestyle with engaging home offerings and appealing amenities novel in this market. Crafted into the overall community are interconnecting pedestrian ways that visually and physically connected open spaces and amenities as part of the lifestyle experience. An essential part of this concept is a centralized gathering and entertaining clubhouse reflecting an aesthetic theme for the overall community.…

Over the first two months of 2024, the total number of single-family permits issued year-to-date (YTD) nationwide reached 155,236. On a year-over-year (YoY) basis, this is an increase of 38.4% over the February 2023 level of 112,131. Year-to-date ending in February, single-family permits were up in all four regions. The range of permit increase spanned…

Inputs to residential construction, goods less food and energy, increased for the fifth straight month, according to the most recent Producer Price Index (PPI) report published by the U.S. Bureau of Labor Statistics. The index for inputs to residential construction, goods less food and energy, represents building materials used in residential construction. The non-seasonally adjusted…

INDIANAPOLIS (March 12, 2024) – The U.S. Census Bureau’s most recent report on building permits issued in January 2024 marked a significant upturn in the housing sector. According to the data, 1,269 single-family permits were issued in January 2024 – a 62% increase compared to the 783 permits issued in January 2023. Furthermore, the surge in single-family permits is not limited to the year-over-year comparison alone. January 2024 permit numbers are also up by 15% when compared to the preceding…

INDIANAPOLIS (April 11, 2024) – The U.S. Census Bureau’s most recent report on building permits issued in February 2024 showed a continued upturn in the housing sector to start the year. According to the data, 1,458 single-family permits were pulled in February 2024 – a 15% increase compared to the 1,269 permits pulled in January 2024. Furthermore, the 1,458 permits pulled in February 2024 are up 49% from the 978 permits pulled in February of 2023. The single-family permit numbers (2,727)…

The NAHB/Westlake Royal Remodeling Market Index (RMI) for the first quarter of 2024 posted a reading of 66, down one point compared to the previous quarter. Demand for remodeling remains solid and an RMI of 66 is consistent with NAHB’s forecast for remodeling spending in 2024.  Nevertheless, construction costs are still an issue in some…

The design team worked with the developer to design a mixed-income cottage community clustered around a common green in Brewster, Mass. The building types include two carriage house units, 22 detached cottages and four cottage duplexes. Of the 9.5-acre site, two-thirds are preserved open space. The project was developed under the Massachusetts 40B state statute for affordable housing development and is admired by the local community. Architect/Designer | Union Studio Architecture & Community DesignDeveloper | Cape View DevelopmentPhotographer | Nat Rea Photography…

Consumer prices continued to rise in March, with shelter and gasoline prices driving over half of the total increase. This marks the third consecutive strong reading. Despite a slowdown in the year-over-year increase, shelter costs continue to put upward pressure on inflation, accounting for over 60% of the total increase in all items excluding food…