The Survey of Consumer Finances (SCF) provides detailed information on the finances of U.S. families, including income, net worth, balance sheet components, credit use, and other financial outcomes. A previous analysis indicated that the primary residence continued to be the largest asset category on the balance sheets of households in 2019 and it accounted for about one quarter of all… Read More ›
The U.S. Census Bureau Survey of Construction’s (SOC) 2020 estimates of the shares of the number of bedrooms in new single-family homes showed a sharp upswing in the percentage of new homes started with 4 or more bedrooms, unlike in prior recent years. The most recent SOC data show the shares in the varying number of bedrooms in new homes… Read More ›
Consumer confidence fell for a third consecutive month in September, as concerns about the Delta variant and higher prices continued to dampen optimism. Spending intentions for homes, cars, and major appliances all retreated. However, consumer confidence was still at a high level and the consumer price index has shown signs of easing inflation. The Consumer Confidence Index, reported by the… Read More ›
So, you are tired of your house and are considering a remodel, or perhaps an addition. Where do you start? Overwhelmed already? That’s okay. Here are some ideas that may guide you in the right direction.
Information obtained from the US Census Bureau’s Survey of Construction (SOC) and tabulated by NAHB, shows the share of new homes with a two-story foyer increased in regions where we saw a decline in 2019. However, most new single-family homes were still built without a two-story foyer nationally and regionally. According to the Census, a two-story foyer is defined as… Read More ›
