Archive for the ‘Home Construction’ Category

Electrical Contractors Help Offer Greater Comfort, Convenience With Home Automation Systems

Friday, October 21st, 2011

(HIT) – Today’s home automation systems offer practical, cost-effective solutions for convenience, security, safety, energy savings and entertainment. The latest systems provide new levels of controls, accessibility and connection.

“Trained electrical contractors can help offer homeowners and builders a home networking system that supports automation control,” said John Maisel, publisher, Electrical Contractor magazine at www.ecmag.com. “They add the necessary low-voltage wiring to homes and come back for desired upgrades,” he said.
Hard wiring offers reliable, long-lived service and often performs better than Wi-Fi, which is subject to competition—multiple devices using the same available bandwidth, i.e., 2.4 gigahertz. It will also ease supply-and-demand responsiveness as the smart grid gets smarter and utilities offer savings incentives to customers who agree to use certain appliances during off-peak hours. While the components may be more expensive, wireless installation is less expensive. Once the cabling is set, components can be added at the homeowner’s own pace.

Home Orientation – Facing South For the Winter and Summer

Monday, September 12th, 2011

Many subdivisions and neighborhood developments are littered with homes built with the idea of maximizing land to building ratio. Most of these homes are likely to have the worst possible location and orientation to the sun’s blazing heat. By sheer luck, some homeowners will find their homes sitting at a near perfect position with respect to the sun’s travel. It is the path of the sun that sets the stage for choosing the direction your house should face.

Builders Remain Pessimistic About the Housing Market

Wednesday, August 17th, 2011

Builder confidence in the market for newly built, single-family homes held unchanged at a low level of 15 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) for August, released today (Aug 15, 2011).

“Builders continue to confront the same major challenges they have seen over the past year, including competition from the large inventory of distressed homes on the market, inaccurate appraisal values, and issues with their buyers not being able to sell an existing home or qualify for favorable mortgage rates because of overly tight underwriting requirements,” said Bob Nielsen, chairman of the National Association of Home Builders (NAHB) and a home builder from Reno, Nev. He noted that 41 percent of respondents to a special questions section of the HMI indicated they had lost sales contracts due to buyers’ inability to sell their current homes.

Banks bulldozing towns across America

Monday, August 8th, 2011

If something is giving you a hard time, there is one surefire American way to solve your problems: knock it straight to the ground.
That’s the plan that Bank of America and a number of other financial institutions have been initiating lately. And the victims? Hundreds of foreclosed homes from coast-to-coast.
With more and more homes being foreclosed, real estate specialists are showing worry that never-ending housing transactions could greatly diminish prices. It’s the logic behind the rules of supply and demand and it has bankers running scared. That’s why BofA and others are solving this problem by taking a wrecking ball to the wretched abodes.
“There is way too much supply,” Gus Frangos, president of Cuyahoga County Land Re-utilization Corp. of Cleveland tells Bloomberg. “The best thing we can do to stabilize the market is to get the garbage off.”

Housing Market Recovery Hinges on Young Home Buyers

Wednesday, March 23rd, 2011

Generation X –young families and adults ages 31 to 45 – are likely to lead the home buying recovery as it gets underway, according to real estate experts who spoke at an educational webinar produced by the National Association of Home Builders (NAHB) in partnership with Builder magazine

These potential home buyers are most likely to think it’s a good time to get off the fence – and have strong opinions about the design features their new homes will include.