More NAHB members are familiar with and are using Building Information Modeling (BIM) for their businesses, a recently conducted NAHB survey shows. BIM is a process for managing the information produced during a construction project, in a common format, from the earliest feasibility stage through…
A recent NAHB study shows that the median size of a subdivision in the United States is 25 total acres, and the median number of housing units in a subdivision is 50. The results are based on a survey of development projects currently under way…
The total number of residential construction firms in the country (single-family builders, multifamily builders, and residential remodelers) dropped to around 689,000 in 2012, 12% lower than in 2007, according to the U.S. Census Bureau’s Survey of Business Owners (collected only in years ending in ‘2’…
Homeowners saw their tax bills trimmed by more than 0 billion in 2014 according to estimates by the Joint Committee on Taxation (JCT) and NAHB analysis. The mortgage interest deduction (MID) alone accounted for $72.4 billion in tax savings, while the real estate tax deduction…
As it does every year, the Congressional Budget Office (CBO) has released an update to its 10-year baseline budget projections published in January. Individuals as well as businesses of all sizes should take note; the picture that CBO paints of the future of federal government…
A new NAHB Economics research article shows that the effective real estate tax rates vary substantially across and within counties, with the highest rate area displaying rates that are often multiple times higher than the lowest rate areas within the same county. An “effective property tax…
NAHB’s recently published Housing Preferences of the Boomer Generation shows that homebuyers in the Baby Boom Generation want a suburban neighborhood consisting of all single-family detached homes more often than any other community feature (of the 19 listed), and nearly 80 percent prefer a cul de sac…
