From 3D printing to hemp-based building materials, home builders are seeking creative ways to address the nationwide housing shortage, but inconsistent building codes and high up-front costs make implementing these methods a challenge.
Gray cabinets, quartz countertops, and minimalistic design preferences are taking a back seat to bold, nature-inspired designs. Homes with these types of designs now sell for $12,500 more than the typical home.
The nationwide median price of a new single-family home is $459,826, but nearly 60% of households can’t even afford a home priced at $300K. Additionally, 75% of households can’t afford the median priced home.
James Hardie and Azek are combining forces. The deal, which is valued at $8.75 billion, will provide a comprehensive range of product offerings for home exteriors.
