According to a new report from the National Association of Home Builders (NAHB), the pace of sales of newly built, single-family homes increased 11.6% in December to a seasonally adjusted annual rate of 481,000 homes, according to newly released data from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. This is the highest monthly sales rate since June of 2008.
After a slow start to the year, new home sales for 2014 totaled 435,000, a slight increase over 2013. The inventory of new homes for sale rose to 219,000 in December, a 5.5-months’ supply at the current sales pace. Inventory has been rising with homebuilder confidence as production increases to meet rising demand.
Read the full article at NAHB here.
Home Owner Associations (HOAs) are the governing bodies of many communities throughout the U.S. – and remodelers can miss out on HOA business if they don’t take the time to study the associations’ design review process.Continue Reading
Who says you’re limited to your home’s interior when it comes to letting your design personality shine? The power is yours to choose a siding option that ensures your home’s exterior reflects your aesthetic style.
If you’re a skilled Do-It-Yourselfer, you can install siding on your own without assistance from a contractor. You would need to carefully read and follow the manufacturer’s installation instructions, plus review and understand the terms of the siding warranty.