Northeast Homebuilder Confidence an Outlier Amid National Dip
Nationwide homebuilder confidence hit the lowest level in seven months, according to the industry’s biggest trade group. But builders in the Northeast are notably more optimistic.
How to Get a One-of-a-Kind Home, The Easy Way
Even though I live in a custom-designed house, I don’t recommend designing your own place from scratch. It’s not for everyone.
Recycle at Home, With Your Home
Scrap tires have been recycled for years into building products like flooring, infill decking and septic system drain fields. But they’re not the only thing. From coal ash to washed-up seaweed, our homes help reduce and reuse.
Glaring Need for Housing Construction Underlined by Century 21 CEO
The highest mortgage rates in more than two decades are keeping many prospective homebuyers out of the market and discouraging homeowners who locked in ultra-low rates from listing their home for sale.
1 in 10 Houses for Sale in Major CT Markets Are New
With most homeowners who might have sold in other years sitting tight, the share of newly-built homes in many Connecticut housing markets has jumped dramatically in a single year.
Branford Leads CT in March Housing Approvals
Look out, New Haven and Stamford, you’re in danger of being dethroned as the top-producing municipalities in Connecticut when it comes to new housing.
Home Prices Rose Little, But Made Big Contribution to Inflation
In February, overall house prices registered their smallest year-over-year gain since September 2021. Even so, housing’s share of the Consumer Price Index rose at an accelerated pace.
Wall Street Bets on Better Days Ahead for US Homebuilders
Homebuilder stocks are on a tear as investors bet that a dearth of previously occupied homes on the market and moderating mortgage rates will boost builders’ prospects in the spring homebuying season.
Hartford, Fairfield County See Uptick in New-Home Sales
Two of Connecticut’s major housing markets saw an uptick in new construction’s share of units sold in the third quarter, according to new data released by Redfin.
For Homebuilders, Something Has to Give
Homebuilders are cutting back: not just in the number of bedrooms, but also the number of bathrooms and anything else where they can make their plans less expensive to build.
Traders Bet on Builder Stocks Despite Slowing Housing Market
The U.S. housing market has gone from red-hot to decidedly tepid since the spring, though you wouldn’t know it by this summer’s sharp rebound in homebuilder’s stocks.
Buyers of New Construction Have New Tastes
Messy kitchens; concierge services; coworking spaces; connections to local businesses: These are what homebuyers want in new developments.
CT Housing Permits Beating 2021 Trends
Connecticut’s towns and cities permitted 394 new housing units in June, bringing the year-to-date total to 2,294 units, or 344 than at the same time last year.
Homebuilder Confidence, Nationwide Housing Starts Drop Dramatically
Builder confidence plunged in July as high inflation and increased interest rates stalled the housing market by dramatically slowing sales, buyer traffic and housing starts according to new data.
New Ways to Build Take Center Stage
Houses made out of Lego blocks? How about affordable homes built from 3D printers? All of these ideas and more have moved off the drawing board and into the marketplace.
Triple Whammy Slows Homebuilders
Homebuilders are an optimistic bunch. That’s not the case now, though, and hasn’t been for months.
China’s Power Cuts May Foreshadow Shortages of Goods
Homebuilders face possible shortages of appliances and other goods ahead of Christmas after power cuts to meet official energy use targets forced Chinese factories to shut down and left some households in the dark.
Inflation Forces Homebuilders to Take It Slow, Raise Prices
Even in the hottest U.S. housing market in more than a decade, new home construction has turned into a frustratingly uncertain and costly proposition for many homebuilders.
US Home Construction Jumps Nationally, Declines in Northeast
Home construction in the U.S. jumped 6.3 percent in June, another big swing in a volatile year.
Construction Spending Falls in May as Housing Slowed
U.S. construction spending fell 0.3 percent in May. Growth in housing, the economy’s standout performer, slowed while activity in areas most directly impacted by the pandemic showed further weakness.
