July 19, 2012 |
It has been a controversial question in the home real estate market for years: Is there extra green when you buy green? Do houses with lots of energy-saving and sustainability features sell for more than houses without them? If so, by how much? Some studies have shown that consumers' willingness to pay more for Energy Star and other green-rated homes tends to diminish during tough economic times. Others have found that green-certified houses sell for at least a modest premium over similar but less-efficient...
May 2, 2013 |
Author Sheri Koones is on a mission to educate American homeowners about home building. Her first three books focused on the basics on home construction, borne of her own experience as a frustrated homeowner trying to remodel her Greenwich, Conn., house. At that time, she said in a recent interview, there was almost no information to help her make intelligent choices as she faced an endless number of decisions about this or that flooring material, plumbing fixture, roof shingle and on and on. Koones's last four books...
May 7, 2009
Joseph Smith Jr., 81, who owned and operated companies that did residential development and restorations, died April 27 at Casey House hospice in Rockville. He had complications from Alzheimer's disease and a brain aneurysm. Smith Development, which focused on home construction, operated from the late 1950s to the early 1970s. The company was singled out by a building industry trade group in 1963 for a colonial-style home it designed in Bethesda's Deerfield subdivision. Mr. Smith also built oceanfront condominiums...
September 25, 2012 |
Home prices are on the rise again , a key index released Tuesday morning confirmed, with housing values up 0.44 percent in 20 major cities in July, as measured by the Standard & Poor's/Case-Shiller index . But that report, which also showed a 1.2 percent gain over the past year, masks a housing market that is flashing wildly different signs in different places in the United States, from down 9.9 percent in Atlanta to up 16.6 percent in...
May 16, 2013 |
New-home construction in April fell to the lowest level in five months, but applications for building permits soared to a five-year high, according to Commerce Department data released Thursday. The data show that the housing recovery could continue to be marked by a low inventory of homes over the near term, analysts said. Home sales and prices have rebounded significantly over the past year, and mortgage rates remain near historic lows — though rates have shown a slight uptick over the past two weeks.
November 20, 2008 |
New-home construction tumbled to a record low last month, according to government data released yesterday, further proof that the housing sector's woes keep deepening. Declining demand and a glut of homes for sale have pushed builders to cut production. Builders have also struggled to secure financing amid rising foreclosure rates and a tight credit market, analysts said. Housing starts fell to a seasonally adjusted 791,000 in October, down 4.5 percent from September, according to the Commerce...