Builder Confidence Holds Steady in March
In this recent press release from the National Association of Home Builders (NAHB), builder confidence remains strong through March. As the spring buying season begins, builders are encouraged by a healthy market. Affordability is a still a concern, as is the labor shortage and a shortage of buildable lots, but lumber prices have decreased and the economy continues to do well. You can read the complete press release below.
Builder Confidence Holds Steady in March
Builder confidence in the market for newly-built single-family homes held steady at 62 in March, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI) released today.
“Builders report the market is stabilizing following the slowdown at the end of 2018 and they anticipate a solid spring home buying season,” said NAHB Chairman Greg Ugalde, a home builder and developer from Torrington, Conn.
“In a healthy sign for the housing market, more builders are saying that lower price points are selling well, and this was reflected in the government’s new home sales report released last week,” said NAHB Chief Economist Robert Dietz. “Increased inventory of affordably priced homes – in markets where government policies support such construction - will enable more entry-level buyers to enter the market.”
However, affordability still remains a key concern for builders. The skilled worker shortage, lack of buildable lots and stiff zoning restrictions in many major metro markets are among the challenges builders face as they strive to construct homes that can sell at affordable price points.
Derived from a monthly survey that NAHB has been conducting for 30 years, the NAHB/Wells Fargo Housing Market Index gauges builder perceptions of current single-family home sales and sales expectations for the next six months as “good,” “fair” or “poor.” The survey also asks builders to rate traffic of prospective buyers as “high to very high,” “average” or “low to very low.” Scores for each component are then used to calculate a seasonally adjusted index where any number over 50 indicates that more builders view conditions as good than poor.
The HMI component charting sales expectations in the next six months rose three points to 71, the index gauging current sales conditions increased two points to 68, and the component measuring traffic of prospective buyers fell four points to 44. Looking at the three-month moving averages for regional HMI scores, the Northeast posted a five-point gain to 48, the South was up three points to 66 and West increased two points to 69. The Midwest posted a one-point decline to 51.
Editor's Note: The NAHB/Wells Fargo Housing Market Index is strictly the product of NAHB Economics, and is not seen or influenced by any outside party prior to being released to the public. HMI tables can be found at nahb.org/hmi. More information on housing statistics is also available at housingeconomics.com.
Design Trends Everyone Loves
After attending the International Builders' Show and walking the vast convention floor, it was clear that several design trends were going to be a huge hit and loved by most homeowners. Many of these design trends are very affordable and can be accomplished in a weekend or two if you are so inclined. Others can be incorporated into a new build or remodel.
Design Trends Everyone Loves
Whiter Whites - Homeowners are choosing whites that don't have grey in them. They want a brighter white to illuminate the rooms they use white paint in. Perfect in kitchens, bathrooms and anywhere in the home you want to make bright and clean.
Nothing is better than a pop of color and choosing cabinetry is an easy way to bring that pop into your home. Homeowners are moving away from all white cabinets and opting for cabinetry that is colored. These are usually bold, statement colors like black, dark grey, midnight blue or dark green.
When it comes to color pastels have been all the rage up until recently. Jewel Tones are back and better than ever.
Legacy South Choose Preston Wood & Associates Floor Plans for Pecan Row of Nashville
Legacy South, a locally owned home building and development company in Nashville, have chosen Preston Wood and Associates Floor Plans for their brand new Pecan Row in Nashville, TN. We're honored they chose our floor plans and can't wait to see the finished results.
A New Kind of Community in North Nashville
Pecan Row is a brand new kind of community, built for those who prefer a walkable community with a small-town feel, but close to downtown. The community is diverse and authentic and bustling with excitement.
Close to Everything
Whether you enjoy shopping at the local farmer's market, grabbing a bit at the Germantown Cafe, or grabbing a morning juice at the Juice Bar, you're close to everything in Downtown Nashville. Pecan Row is a wonderfully walkable community, perfect for those who want to leave their car at home.
Two Stunning Floor Plans
Pecan Row offers two stunning floor plan designs to choose as well as two finish packages to choose from. Choose the clean lines and light finish package for your cabinets and fixtures or go with a more modern design with darker fixtures and cabinets. The choice is your's and the folks at Legacy South will be happy to help you choose the best finish for you.
Two Finishes Packages
Choose from two different floor plans, both with 3 bedrooms, 3.5 baths and 2 car garage. Both townhouse floor plans have been designed with today's new homeowner in mind. Both townhouse floor plans provide an open main living space with ample room for entertaining. The kitchens are open to the main living and dining area so you'll never miss the fun when guests visit.
Well Designed Townhomes
Floorplan A features a balcony on the main living area with the perfect place to enjoy your morning cup of coffee while watching the neighborhood come to life. Floorplan A is slightly large at 1879 square feet while Floorplan B is 1814. Both feature spacious walk-in closets in the master bedroom and lower level suite.
About Legacy South
Legacy South is a home builder and developer in Nashville, TN with a focus on both custom homes and move-in ready homes in the heart of the urban core.
Events in Houston this April
Spring in Houston is a wonderful time, there are so many outdoor, family friendly events in Houston in April. From celebrating Holi to some sampling amazing Houston barbecue, there’s sure to be something for everyone to enjoy this month in Houston.
Events in Houston this April
When: April 6, 2019
Where: Bhakti Urban Farm
5415 Wheatley Street
Color HTX is a conscious festival committed to celebrating the diversity and unity of our community. Color HTX is an evolution of the Holi Festivals that are traditionally celebrated to welcome the season of spring with an atmosphere of love and joy. This family friendly festival, hosted at Bhakti Urban Farm, is open to people of all ages and backgrounds. Bhakti Urban Farm (a project of ISKCON of Houston), an exciting new farm community just minutes from Houston Heights, is meant to inspire people towards a holistic lifestyle based on the wisdom from ancient agrarian cultures, specifically by caring for land and cows for sustainability, thru performing arts and music, practicing meditation and yoga. We are committed to making Houston a more conscious place to live through our community driven events at. Come join us for a celebration unlike any other!!
When: April 14, 2019
Where: Jones Plaza
The Houston Latin Fest is a family- oriented Latin music festival that provides the surrounding Latin communities in Houston a place to gather with family and friends to listen and dance to live Latin music, connect with other fans in an open social space, and celebrate their Latin heritage.
The Houston Latin Fest is a festival that was created for all Latin people(El festival de todos los latinos) to promote unity, diversity and to preserve the tradition of Latin music for future generationslike no other festival. It also features some of today’s top performers in Latin music.
International Film Festival
When: April 5 - 14, 2019
Where: Cinemark Memorial City
310 Memorial City mall
WorldFest was founded over 52 years ago as an International Film Society in August, 1961. WorldFest became the third competitive international film festival in North America, following San Francisco and New York. WorldFest is the oldest Independent Film & Video Festival in the World. It evolved into a competitive International Film Festival in April, 1968. It was founded by award-winning producer/director Hunter Todd to present a quality film festival for the Independent filmmakers.
When: April 11 - 13, 2019
Where: Downtown Houston
The Houston Art Car Parade is the highlight of a four-day celebration of the drive to create, Houston Art Car Parade Weekend.
The parade attracts 250+ vehicles and other entries from 23 states along with Canada and Mexico
A live audience of some 250,000+ spectators
Parade entries include anything on wheels from bicycles and unicycles to lawnmowers to cars and go-carts
Entries are as likely to be made by members of the general public as by recognized artists
Community groups, public and private schools, and professional organizations have become regular participants. Inspired by what they see, spectators create art cars of their own and often become future participants. And as the parade grows, attracting more and more participants, the complexity and quality of the entries increases.
When: April 13, 2019
Where: Hermann Park – Japanese Garden
4543 Post Oak Place
Japan Festival Houston celebrates the rich cultural heritage of Japan with traditional and contemporary performances of Japanese music, dance and martial arts, Japanese/Japanese-inspired food, as well as demonstrations and displays of Ikebana flower arrangement, tea ceremony, origami, bonsai and more.
When: April 13 – 14, 2019
Where: Town Green Park
2099 Lake Robbins Drive
The Woodlands, TX
The Woodlands Arts Council will present the 14th Annual Woodlands Waterway Arts Festival on April 13th and 14th, 2019.
Town Green Park and the waterway will be transformed into an outdoor art gallery featuring over 200 juried artists from across the country.
Enjoy 4 entertainment stages, hands-on art activities and demonstrations along with amazing food and beverages all weekend long.
When: April 14, 2019
Where: Humble Civic Center
8233 Will Clayton Parkway
Houston's best barbecue joints all in one place, for one price!
Your favorite barbecue joints will be back this year - Beaver's, Blood Bros. BBQ, Buck's Barbeque Co., CorkScrew BBQ, Daddy Duncan's BBQ, Eaker Barbecue, El Burro & the Bull, Feges BBQ, Gatlin's BBQ, Harlem Road Texas BBQ, Killen's Barbecue, Lenox Bar-B-Q, Louie Mueller Barbecue, Pappa Charlies Barbeque, Pinkerton's Barbecue, Pizzitola's Bar-B-Cue, Ray's BBQ Shack, Reveille Barbecue Co., Roegels Barbecue Co., Rusty Buckle BBQ Company, Southern Q BBQ, Southside Market & BBQ, Spring Creek Barbeque, Tejas Chocolate & Barbecue, The Brisket House, The Pit Room, Tin Roof BBQ, and Victorian's Barbecue.
When: April 25, 2019
Where: Houston Zoo
6200 Hermann Park Drive
Brew at the Zoo highlights some of the best beers from Texas and surrounding areas. As you sip, you can stroll through parts of the Houston Zoo and check out some of your favorite animals. See special presentations with our elephants, jaguars, sea lions, and more. Step into Kipp Aquarium, Carruth Natural Encounters, and the Reptile & Amphibian House for Meet the Keeper Talks Presented by Phillips 66.
Music and entertainment will delight you as you sample a variety of refreshing beers. Additional beer sample passports will be available for purchase during the night. Plus, enjoy live music by local artists! Pub-style grub will also be available for purchase throughout the event.
Best of IBS Product Winners at 2019 International Builders' Show
Last month we attended the 75th International Builders' Show in Las Vegas. We weren't alone more than 100,000 attendees at both IBS and KBIS. It was a great show and we learned a lot while we were there.
There were more than 300 entries in the Best of IBS Awards. Awards were given to exhibitors with a product or line that shows the best combination of design, functionality and innovation, as well as its usefulness to consumers and/or home builders.
The winners were:
- Best in Show Winner: Easy Connect Joining System by Andersen Windows, Inc.
- Best Kitchen Product: Cafe 4-in-1 Oven with Advantium Technology by GE Appliances
- Best Bath Product: Redi Your Way by Tile Redi USA, LLC
- Best Energy Efficient Product: POWERHOUSE™ 3.0 Solar Shingle by RGS Energy
- Best Green Building Product: Heatlok HFO by Demilec Spray Foam Insulation
- Best Home Technology Product: Leviton Load Center Wi-Fi enabled Circuit Breaker by Leviton Manufacturing Company
- Best Indoor Living Product: Heat & Glo Foundation Series Luxury Gas Fireplace by Heatilator, Heat & Glo and Majestic (Hearth & Home Technologies)
- Best Outdoor Living Product: CAMO DRIVE by CAMO Fasteners and The Soho by Hampstead
- Best Window and Door Product: Easy Connect Joining System by Andersen Windows, Inc.
- Most Innovative Building Material Product: NTI GF200 Combi-Furnace by NTI Inc.
“Judges evaluated an impressive array of more than 300 product entries in nine categories up for consideration for this year’s Best of IBS Awards,” said Buddy Hughes, NAHB Conventions and Meetings Committee Chairman. “The competition was fierce, but these winners truly represent the best of the best in terms of innovation, design and functionality of the products going into today’s homes.”
Awards were given to exhibitors with a product or line that shows the best combination of design, functionality and innovation, as well as its usefulness to consumers and/or home builders.
For more information on the Best of IBS Awards, visit buildersshow.com/bestofibs.
Choosing the Best Townhouse Floor Plan for your Project
At Preston Wood & Associates, we provide stunning townhouse floor plans for any project or development. Whether you're building 20 units or 100 townhouses, we've got the right plan for you.
Choose from our large selection of townhouse floor plan ranging in size from 2 stories to 4 stories. Floor plans as small as 1500 square feet to as much as 4000 square feet. From modest floor plans to luxury designs. We have the style of townhouse floor plan you've been looking for.
Whether you're looking for a modern design or a more classical look, we can help you choose the right design for your unique needs.
Found a plan you like but want to make some changes to it? You can do that too! Click on the menu about - Modify a Plan - and you'll be taken to a place on the website where you can upload your modifications and send them to us. Click here to learn more about modifying one of our floor plans.
While we specialize in townhouse floor plans, we understand that you might want to build other styles of homes. From beach house plans to duplexes to two story homes, we have a floor plan to fit your needs. We'll even help you through some of the red tape that is involved with building a new home - codes, permits, etc. Give us a call at 713-522-2724 to learn more.
To see all the different floor plans available, click on the dropdown tab in the main menu marked Plans. Plans are categorized by style and square feet for your convenience.
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