Where Is New Construction Creating Affordable Housing Options? Look to the South and the West
A New Report from Realtor.com found South Carolina, North Carolina and Idaho are the top three states leading the new construction activity and affordability rankings. New Construction Nationally is Helping Add Needed Inventory and Affordable Options. Today, Realtor.com® launched a brand new report “New Construction Insights,” which found South Carolina, North Carolina and Idaho lead the way when it comes to new home construction. This report creates a ranking for…
Building Beyond the Home: North Carolina Native’s Construction Prowess Has Major Community Impact
From single-family developments to groundbreaking demonstration projects, Emily Bosman, Garman Homes’ product manager of land, leverages her homebuilding mastery and distinct design perspective to build more than just residential communities; she and the team at Garman Homes construct housing solutions that redefine joyfully built, meaningfully different urban living across the Carolinas. In this exclusive Q+A…
Multifamily Developer Confidence Falls in Second Quarter
Confidence in the market for new multifamily housing declined year-over-year in the second quarter, according to results from the Multifamily Market Survey (MMS) released today by the National Association of Home Builders (NAHB). The MMS produces two separate indices. The Multifamily Production Index (MPI) had a reading of 44, down 12 points year-over-year, while the…
Nearly Two-Thirds of Gen Z and Millennials Are Ready to Become Homeowners, Prices Are Holding Them Back
The dream of homeownership remains an integral part of life for Gen Z and Millennials in the U.S., who continue to feel that owning a home is important despite market conditions. In a consumer survey released today, RE/MAX, the #1 name in real estate1, showcases Gen Z and Millennials’ attitudes toward homeownership. Over the past several years, the housing…
A $1 Million Starter Home? It’s the Norm in 237 Cities
A million-dollar price tag no longer means lavish and luxurious living. In more than 200 U.S. cities, buyers will find a price tag of $1 million or more on the typical starter home, a new Zillow® analysis finds. The typical “starter home” — defined for this analysis as being among those in the lowest third of home values in…
Costly Energy Codes and Rent Caps Will Harm Housing Affordability, NAHB Tells Congress
The National Association of Home Builders (NAHB) called on Congress today to address two key policies that will notably escalate costs for home buyers and renters: the federal push to mandate costly and restrictive national energy codes and the Biden administration’s recent proposal to cap rent increases at 5%. Testifying during a House Financial Services…
Omnia Construction Celebrates 15 Years of Building Dreams and a New Venture
Omnia Construction is thrilled to announce the celebration of its 15th anniversary, a significant milestone that marks over a decade of dedication, growth, and success in the construction industry. Founded on the principles of hard work and a deep commitment to customer service, Omnia has grown from a hopeful venture into a trusted leader in…
Addison Homes Receives U. S. Department of Energy 2023 Housing Innovation Award
Addison Homes, a South Carolina home builder which specializes in building healthy, high-performance homes that emphasize increased comfort and durability, better indoor air quality, and ultra energy efficiency, has received a Housing Innovation award from the U. S. Department of Energy (DOE). The award was presented at the 2023 Energy & Environmental Building Alliance (EEBA)…
U-Haul Migration Trends: Florida had 7 of Top 25 U.S. Growth Cities in 2023
Florida destinations dominated the U.S. growth cities list again in 2023, with the Palm Bay-Melbourne market netting the largest number of movers in one-way U-Haul® equipment last year. Three destinations in the Carolinas were in the top 10. The U-Haul Growth Index found seven Florida markets among the top 25 growth cities last year. It marks the seventh year in a…
McShane to Build 262-unit Multi-family Community in Greenville, South Carolina
McShane Construction Company has been selected by repeat client Flournoy Development Group to build a 262-unit multi-family community in Greenville, South Carolina. “We’re excited to kick off our second project with Flournoy Development,” shared Scott Hoppa, Senior Vice President & Regional Manager at McShane. “Located in one of the fastest growing cities in the country, this project…
