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New California Duplex Law Permits Development in Residential Neighborhoods

Pro Builder

New California Duplex Law Permits Development in Residential Neighborhoods. Thu, 12/02/2021 - 10:26. The law will require communities to allow the construction of duplexes, and in some cases four units, in most single-family residential neighborhoods in an effort to combat a state-wide housing shortage.

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Single-Family Residential Market Faces New Challenges Ahead in 2022

Pro Builder

Single-Family Residential Market Faces New Challenges Ahead in 2022. New home production and total sales volume will be slightly ahead of 2021, according to RCLCO Real Estate Consulting, but progress throughout the new year will still be accompanied by a fair share of challenges and wildcards. Fri, 02/04/2022 - 10:21.

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New-Home Construction Slowed in January Despite Increase in Permitting

Pro Builder

New-Home Construction Slowed in January Despite Increase in Permitting. Though new housing starts are up year-over-year, residential construction is slowing after solid gains at the end of 2021. Housing starts were up 1% year-over-year, but down 4% from December 2021 at a seasonally-adjusted annual rate of 1.64

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Environmental Rulings Affecting Residential Construction Put on Pause

Pro Builder

Environmental Rulings Affecting Residential Construction Put on Pause. Mon, 01/25/2021 - 10:54. This freeze affected all pending regulations, and the two that affect the housing industry are the reauthorization of the Nationwide Wetlands Permit program and the regulatory definition of “take” under the Migratory Bird Treaty Act.

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Increases in Land Holdings, Permits Point Toward More Supply

Pro Builder

Increases in Land Holdings, Permits Point Toward More Supply. Tue, 07/27/2021 - 09:53. Permits and land purchases point toward an increase of supply over the next two years, says John Burns Real Estate Consulting. Compared to 12 months prior, builders paid for 30% more single-family permits in the last 12 months.

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National Builders Still Playing Catch Up After Great Recession Shortage

Pro Builder

Fri, 12/03/2021 - 09:48. Despite a major year-over-year surge in residential building permits from February 2020 to February 2021, national builders are still playing catch up with a large deficit to fill after years of underbuilding following the Great Recession. There remains a cumulative shortage of 1.35 More than 1.5

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Sacramento on Brink of Reversing Residential Zoning

Pro Builder

Sacramento on Brink of Reversing Residential Zoning. Thu, 02/11/2021 - 09:19. Sacramento is close to approving one of the country’s first plans to end single-family residential zoning, which permits only one home on a property. cbroderick. Up to four homes could be built on lots in the city’s upscale neighborhoods.