Consumer Confidence Rises in February

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The Conference Board’s Consumer Confidence Index and the University of Michigan Consumer Sentiment Survey showed an improvement in consumer confidence during February 2012. Although certain components within each survey showed some conflicting results, specifically a slight decline in the U of Michigan’s current conditions index, both sources reveal overall consumer confidence has trended appreciably higher since the third quarter of 2011.

While higher prices at the gas ...

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Private Residential Construction Spending Hits a Two-Year High

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The Census Bureau reported that private residential construction spending activity increased 1.8 percent during January. The preliminary estimate for December was boosted higher to show a 1.5 percent gain, versus the originally reported increase of 0.8 percent. After falling in July 2010 to its lowest reading since mid-1995, spending on private residential construction projects has increased in each of the last six months — rising to its highest dollar value since January 2010.

Spending on new single-family home construction climbed ...

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NAHB Announces Housing Finance System Reform Plan

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NAHB has announced a new comprehensive framework for housing finance system reform that would transition Fannie Mae and Freddie Mac to a new mortgage securitization system for single-family and multifamily conventional mortgages.

“Our plan seeks to overhaul the housing finance system to ensure that housing credit is available and affordable in the future and is delivered through a competitive, efficient, sound, safe and stable system,” said NAHB Chairman Barry Rutenberg, a home builder from Gainesville, Fla.

To achieve this goal, Rutenberg said ...

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Financial Records of Builders

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Although the housing collapse hit the building industry hard, some builders are managing to earn a profit in spite of the odds. By building equity, they have positioned their companies to prosper when more buyers return to the market. Builders now have an opportunity to see which companies earned a profit and how they did it, with a new publication from the NAHB. NAHB’s publishing arm, BuilderBooks recently released the 2012 edition of the Cost of Doing Business Study, a ...

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APA Advanced Framing Guide

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APA’s new publication, the Advanced Framing Construction Guide, highlights advanced framing techniques that residential contractors can employ to produce energy-efficient, structurally sound homes with lower material and labor costs than conventionally framed houses.

In practice since the 1970s, advanced framing — also known as optimum value engineering (OVE) – optimizes material usage in home construction, providing for more efficient installation, tighter envelopes, and less waste without compromising structural strength and durability. Today, as builders try to balance increasingly stringent energy codes ...

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Concept Homes from IBS 2012

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This year’s International Builders’ Show featured a cul-de-sac of three different concept homes, each one designed to address the different needs of today’s homebuyers. The Generation B House, for instance, focuses on the aging Baby Boomer, who wants low maintenance and high end touches. The Generation X House, meanwhile, features open floor plans for a growing family.

The virtual tours include exhaustive links, videos and product information on each house.

Take a look here.

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Taylor Morrison’s 2012 Dream Home

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Owning a home is the cornerstone of the American Dream and the country’s largest private homebuilder, Taylor Morrison, is once again giving one lucky person a shot at that dream in the Taylor Morrison 2012 Dream Home Giveaway.

Now in its fifth year, the Dream Home Giveaway gives the winner of the contest the chance to design and build a $200,000 home of their dreams in any of the 130 communities in Arizona, California, Colorado, Florida or Texas where the country’s ...

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2012 Homes Will Mix Old and New Designs Under One Roof

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Trend expert forecasts popularity of right-sized, personalized home

Today’s consumer mindset is steeped in common sense and careful decisions. When making a purchase, individuals aren’t looking to accumulate “stuff.” They’re looking to buy an experience. That experiential purchasing behavior is especially true when it comes to selecting items for the home. Current home decorating is not about flashy, over-the-top design; rather, it’s about decorating for real life – a home that’s smaller, more well-equipped and custom-made for an owner’s lifestyle.

“Homeowners are ...

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Ann Hagen Honored at IBS

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Bonded Builders Sales and Marketing Director Ann Hagen was presented with the 2011 Chairman’s Award at the International Builders Show in Orlando Feb. 10. The award is presented to an NAHB Associate Member for work “above and beyond the call of duty” on behalf of Associate Members Committee.

“(This award is) a tribute to her stellar leadership and unique ability to motivate members to active involvement,” says Dave Carter, President of the Florida ...

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Aging-in-Place Remodeling Goes Mainstream

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The market for aging-in-place remodeling continues to grow as more homeowners choose to remain in their homes as they age, according to NAHB.

Nine out of 10 people age 50 and older say they want to remain in their homes and communities for as long as possible. “As the first Baby Boomers turn 65 this year, CAPS professionals in remodeling and other industries are providing the expertise these families need to stay in their homes safely and in style,” said Scott ...

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