This month’s issue includes stories about three unfilled market niches that are significant opportunities for builders: culturally aware housing, live-work housing, and Missing Middle Housing.
The end of World War II marked a watershed, not only in global geopolitical relationships, but in the development of the American community as well. For over a decade and a half this nation had struggled with an unprecedented economic melt-down followed by a battle for survival of the free world as we knew it.
In Bothell, Wash., located near Seattle, builder CamWest Development created a Craftsman-style neighborhood set within nature — the North Creek Project. This eight-acre site consists of a collection of small homes on small lots at a density of 14.5 units per developed acre, for 33 units in all.
A hybrid eucalyptus tree, Lyptus is quickly becoming one of the world's most important hardwood lumbers, says manufacturer Weyerhaeuser, primarily because it represents a sustainable and renewable resource. In density, strength and technical properties, it compares favorably with hardwood maple, and it rivals cherry and mahogany in appearance.
An employee leaving a company is like a stone thrown in a still pond: ripples of disruption spread through the organization, creating unbalance. In any business, this unbalance can be expensive. Turnover can cost a builder in recruiting and administrative fees, lack of attention to quality from employees on their way out, and slower productivity until new employees are up to speed.
Clever Homes, a San Francisco construction-systems company that develops pre-fabricated homes partnered with Affordable Green Development and CNet Networks to unveil the "Now House," a 2,400-square-foot-house that cost a little over $100,000 to build and includes the latest electronic gadgetry. On display in the parking lot at SBC Park in San Francisco, the project demonstrates that affordable ...
The race to become the first 100,000-unit GIANT is fueling merger and acquisition activity throughout home building's GIANTS. Given that the top five home builders in the United States each own only 3 to 4 percent of national market share and more and more mid-tier players will merge or acquire to gain scope and expand market share, M&A activity will only increase.
Public/private partnerships present a compelling win-win for builders of all sizes. When, for example, planners in Washington, D.C., wanted to replace a 1920s-vintage public school, they put out a request for proposals, but no bidders emerged — that is, until a restructured RFP allowed development of an apartment building on a 1.
For years we've placed tremendous emphasis on the design and construction of front entries. From richly detailed doors to elaborate foyers with vaulted ceilings and multiple layers of crown molding, formal entryways all contribute to the initial impression of a home. At least they do if you're a guest who actually enters through the front of the home.
How are new home sales likely to fare in 2005? According to economists at the National Association of Home Builders' Construction Forecast in October, single-family production will set another record next year. However, says David Seiders, NAHB's chief economist, "activity will flatten in 2005," as it is in the process of "topping out.
The good news out of the University of Southern California's Lusk Center for Real Estate is that experts there see no pricing bubble in the California housing market. The bad news is that they are concerned about current high use of adjustable rate mortgages — especially down the road, as more of these loans convert from fixed to adjustable rates.