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Why are new homes getting so big? Look at who's buying them
NAHB    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Though the average size of new homes keeps getting bigger, there is more to this home buying trend than meets the eye, according to Census Bureau data presented by the National Association of Home Builders during the International Builders' Show in Las Vegas. "The average home size has continued to rise for the past four years, from 2,362 square feet in 2009 to 2,679 square feet in 2013," said Rose Quint, NAHB assistant vice president for survey research. More



Polls are open for early voting
TAB    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Early voting for Democratic and Republican primaries started Feb. 18 and ends Feb. 28. Election day is March 4. Texas voters are now required by law to provide a valid photo ID in order to vote in elections. For a list of acceptable forms of ID, visit the Texas Department of Public Safety website. Link to the HOMEPAC Primary Election Voter Guide. More

Taylor Morrison cranking on all cylinders with another master-planned community
Austin Business Journal    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Taylor Morrison Home Corp. is making another major play in the Austin market with the announcement that it is creating another master planned community in Round Rock. The Scottsdale, Ariz.-based home builder late last year purchased 475 acres at the northeast corner of North A.W. Grimes and University boulevards. More

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Sales of new US homes rise to a 5-year high
Bloomberg    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Purchases of new U.S. homes unexpectedly climbed in January to the highest level in more than five years, showing underlying strength in the industry even in the midst of unusually harsh weather. Sales increased 9.6 percent to a 468,000 annualized pace, exceeding the highest estimate of economists surveyed by Bloomberg and the most since July 2008, figures from the Commerce Department showed today in Washington. Demand improved in three of four regions. More

After 'best year since 2005,' housing sector likely to slow
Texas Public Radio    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Home prices across 20 of the nation's major metropolitan areas rose 13.4 percent in 2013 from the year before, according to the latest S&P/Case-Shiller Home Price Index report. Overall, according to S&P Dow Jones Indices economist David Blitzer, the index "ended its best year since 2005" — well before the burst of the housing bubble in 2007-08. More

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Big demand for workers in construction
AOL Jobs    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The housing recovery has been cooling recently, and while severe weather is one factor, it's not the only one. The slowdown in home construction and the decline in home builder confidence has been partly attributed to the cost and availability of labor. Essentially, building a house takes a lot of people with specific skills, and after the housing crash, many people who had been in the industry set out for work elsewhere. More

Place bets carefully on home builders
The Wall Street Journal    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Home buyers know that location is all. But it also is critical to investing in builders. Digging into where these companies stake out their ground offers a way of playing house-price trends, whether investors feel bullish or fear that rising interest rates will undermine prices. While exchange-traded funds often make it tempting to simply bet the sector, investors should recognize that exposure to different housing markets make, say, Toll Brothers a very different company from D.R. Horton. More

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Celebrating West Dallas' housing boom
The Dallas Morning News    Share    Share on FacebookTwitterShare on LinkedinE-mail article
For years, it was a waste of time to ask developers about plans for West Dallas. You already knew what the answer would be: "No idea" or, more frustrating, "We're waiting for the other guy to make the first move." But two years after the opening of the Margaret Hunt Hill Bridge, West Dallas has become one of the city's hotter real estate markets, boasting a portfolio of proposed multifamily, market-rate housing projects that will replace vacant lots, crumbling structures, industrial sites and a former trailer park. More

More housing for city of Bastrop
Austin American-Statesman    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The building boom continues in Bastrop, especially for housing development. A new affordable apartment development with 80 units, called Pecan Pointe Apartments, is planned at the southwest quadrant of Agnes Street and Childers Drive. The Bastrop City Council recently approved, after a recommendation from the Bastrop Economic Development Corporation, a $68,000 loan to support the development by the owners and managers of the property — Herman & Kittle Properties, Inc. More



What's hot in home design
Chicago Tribune    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Sanford Steinberg calls them "marriage preservation," and he's seeing them a lot lately. He was talking about dual master bathrooms, and they made an impression on him for their sheer proliferation among hundreds of room photos during his involvement with the annual Best in American Living Awards, recently announced at the meeting of the National Association of Home Builders in Las Vegas. More

Study: US housing recovery uneven across markets
Reuters    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The U.S. housing sector is likely to experience an uneven recovery over the next five years, with some local markets bouncing back faster than others, according to a study. By 2018, the median price of single-family homes will be close to the peak reached in 2006 before the national market cratered, according to the study from the Demand Institute, a nonprofit think tank operated by The Conference Board and Nielsen. But there will be winners and losers. More

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Luxury living makes its return — with a twist
By Michael J. Berens    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Inconspicuous consumption dominated affluent consumers' buying habits during the recent recession. McMansions, flashy cars and lavish vacation homes were out. Luxury buyers contented themselves with more modest purchases. As the economic recovery has taken hold, however, wealthy consumers have expressed their confidence by returning to big-ticket spending. Sales of large and expensive homes have increased markedly throughout the country in recent months, driven by greater economic stability, attractive pricing and plentiful inventories. More

Tiny houses: A big idea to end homelessness
NBCNEWS.com    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Advocates tackling the nation's homeless problem are thinking small. In Austin, Texas, a village of 200 tiny houses is being built for the homeless. In upstate New York, Rochester Greenovation has designed a prototype for small-scale individualized shelters. "Homeless No More Survival Pods" have been built in Utah, micro-pods in Florida, miniature homes in Wisconsin and mini mobile houses in California. More
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