New-Home Sales Rise Sharply in December

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Sales of newly built, single-family homes rose 17.5 percent to a seasonally adjusted annual rate of 329,000 units in December, according to newly released figures from the U.S. Commerce Department. The big gain, though largely tied to an unexpectedly strong showing in the West, was a welcome boost at the end of a year that had the lowest total number of new-home sales on record (321,000) since the government began keeping track in 1963.

“After six very tough months, the housing ...

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Preferences Shifting for 55+ Homebuyers, According to Survey

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A joint study by the 50+ Housing Council of the NAHB and the MetLife Mature Market Institute shows the recession has made 55+ buyers more practical when selecting a new home.

Design considerations have become less important and financial concerns have become more prominent.

Previous studies from these two organizations found that most 55+ buyers depended on home sale proceeds to finance a new purchase. The most recent data shows that option diminished during the economic downturn.

The study, “Housing Trends ...

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Housing Market Improvement to Begin in 2011, Panel of Economists Says

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Housing will see gradual improvements in activity this year as the nation’s economy and job market continue to move to higher ground, establishing momentum that will produce more considerable gains in 2012, according to economists who appeared at the NAHB International Builders’ Show in Orlando last month.

“This year’s spring selling season will be better than last year’s,”said NAHB Chief Economist David Crowe, with job growth providing a stronger stimulus in the housing market than last year’s tax credits for home ...

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Royal Oaks Building Group Helps Build “Hero Home” for Disabled Veteran’s Family

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Royal Oaks Building Group of Raleigh, N.C., honors those who serve our nation by being a proud participant in Operation: Coming Home, a volunteer project that builds and donates homes for disabled combat veterans.

Led by the Home Builders Association of Raleigh-Wake County and the Triangle Real Estate and Construction Veterans, Operation: Coming Home delivered its second completed “Hero Home” located ...

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Happy New Year

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By Whit Ward, President/CEO
Bonded Builders Warranty Group

As we enter the new year I want to take a minute to say thank you to all our builder members, home builders associations and the first-class group of professionals who wear the Bonded Builders Warranty Group logo… These are the folks on the “front lines” who make BBWG the best new home warranty company in the business. I also want to reflect on the past year.

We accomplished a lot in a year ...

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Georgia’s Epic Homes Serves Growing Families in Gwinnett County

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Joey Hipps President of Epic Homes, LLC, knows what families want in a new home.

By focusing on the exact family features move-up buyers crave and delivering homes at affordable prices, Hipps has carved out a growing niche in the Barringer Park subdivision in Gwinnett County, northeast of Atlanta.

Working as a one-man show, overseeing a network of proven subs, Hipps works hard to make sure the homes he builds match buyer expectations.

“A sense of urgency is high on my list,“ he ...

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Bonded Builders Endorsed by TBBA

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Bonded Builders is pleased to announce that the Tampa Bay Builders Association is the newest local HBA to join the “Partners in Performance,” program.

TBBA endorses the Bonded Builders Warranty Group to provide 10-year structural protection for new homes. TBBA members who enroll their homes in the program help support the association while providing homebuyers with peace of mind.

“We are excited about the opportunity to partner with TBBA, says Whit Ward President/CEO of Bonded Builders Warranty Group. “This endorsement is especially ...

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Best Bang for the Remodeling Buck

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By Mary Umberger

When it comes to remodeling, Americans are thinking small.

It’s a reflection of the times we live in, according to Sal Alfano, editorial director of Remodeling magazine, a trade journal that each year conducts an extensive study of the typical costs of home-remodeling jobs, compared to ballpark estimates of how much of those expenditures homeowners would recoup at sale time.

The short version: Economic realities have generally snuffed out over-the-top kitchen remodels and room additions in favor of more modest ...

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Spirit of Membership

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Bonded Builders invites you to celebrate the Spirit of Membership by helping grow your local home builders association.

If you’re a new HBA member — or you have never signed up another member, Bonded Builders will give you a $35 gas card when you sign up your first new member to that association. (Yes, even an affiliate member counts.)

“The intent of this program is to offer support to the HBAs across the country”, said Whit Ward, president of BBWG. We recognize ...

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