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November Data: Custom Architects Weigh In, New Construction Trends, Contractor Confidence, and Material Price Changes

We've collected highlights from a number of data reports published throughout the industry in November




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Leadership

Master the paperwork: What builders need to file to get financing

What kind of information do the investors need to see from you before they're willing to discuss putting up their cash? For starters, your company's current financial statement and most recent tax return, says Maggie Marotta, principal at Plano, Texas-based Apogee Partners. Marotta offers tips on getting your foot in the door for project financing.

Financial

Major Bank Analysts Bearish on Housing Recovery

Analysts have lowered estimates for a recovery in the housing market between next year and 2014.

Leadership

The Art of Benchmarking

With no financial benchmarks, small volume builders often repeat the same mistakes. Here are tips for targeting a bigger profit, without selling out.

Financial

Detail Work

History credits the famous architect Le Corbusier with the phrase "God is in the details." He was offering a more positive affirmation of the old proverb, "The devil is in the details." While I generally have a positive attitude, I believe custom builders are going to find this year that the devil really is in the details.

Leadership

2005 Forecast Sunny, Not Record-breaking

Predicting the Future is tricky business. Last year, housing experts uniformly predicted that home building would come off its hot streak, but record results proved them wrong. Now they agree that decline will come this year. According to the NAHB, 2005 will show a modest decline in total housing starts from 1.

Leadership

Lingering Myths about Generation X

Generation X attracts more speculation, controversy and debate than one would care to master. The conversation began in 1991 with Douglas Coupland's book, Generation X: Tales for an Accelerated Culture, which profiles a group of "underemployed, overeducated, intensely private and unpredictable" twenty-somethings who have "nowhere to direct their anger, no one to assuage their fears and no cultu...

Leadership

A House Without Right Angles

Architect Matt Schlueb, principal of Schlueb Architecture, recently designed his own home in Pittsburgh, Pa., with virtually no right angles. Villa Vuoto features 2,600 square feet of living space, three levels, and simple and compounded curves, sloping walls and circular rooms. Designed to provide a stimulating environment for the architect's young son, the project was a prototype for explorin...

Leadership

Creating a Community Theme

A sense of place matters just as much to luxury home buyers as the details of the floorplan and the quality of the finishes. To deliver on this desire, custom builders can borrow a page from their production builder counterparts. Here Terry Smith of architecture firm Bloodgood Sharp Buster gives a quick tutorial in creating a community theme.

Leadership

Insurance Woes Top Concern List

The price of general liability insurance and the ongoing shortage of carriers willing to write such policies for builders pushed these issue to the top of NAHB's annual critical issues surveys. On a scale of one to five, where one equals not at all critical and five equals very critical, general liability insurance cost scored 4.

Economics

Million-Dollar Homes

Once rare, they're now a fast-growing segment of the housing market.

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