December 28, 2018
The Who, Where & When of Off-Site Construction Technologies
A couple weeks ago, we first posted the findings of a December survey of 300 builders regarding their attitudes towards numerous off-site housing technologies. Specifically, we asked if they plan to increase their use of any of these systems within the coming year and anticipate increasing their use in the coming 5 years. The findings helped us gauge the rate at which builders intend to pursue various off-site alternatives. For industry suppliers, knowing your potential markets is crucial for developing successful market entry and expansion strategies.
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December 14, 2018
December Survey of Builders Reveals Quickening Pace in Transitioning to Off-Site Construction Solutions
Off-site construction. We’ve all heard the buzz about builders moving to this “new” way of building, especially in light of the current skilled trade deficit in our industry. But what are home builders actually planning to do about it this year? Or even in the next five years? There are a lot of contenders in the off-site space, but where is the market actually headed?
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November 20, 2018
Don’t Be a Drip! Keep Up with Plumbing Fixture Trends
Updating kitchens and bathrooms is a sure-fire way to signal that an existing home has been kept current and is market ready — but simply installing new fixtures will not necessarily do the trick. Just because something is readily available to purchase, does not mean that it is in style or on trend. Having access to data on long-term and recent usage patterns is the best way to understand current trends and forecast future ones.
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October 30, 2018
Are We There Yet? Tracking Housing Industry’s “Wild Ride”
Speaking at the National Lumber and Building Material Dealers Association’s (NLBMDA’s) ProDealer Industry Summit in Chicago earlier this month, Home Innovation’s Director of Market Research Ed Hudson presented analysis on the market for materials used in the construction of new homes and remodeling.
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October 22, 2018
No Slumber for Composite Lumber
Speaking at the Composite Lumber Manufacturers Association meeting earlier this month, Ed Hudson, Home Innovation’s Director of Market Research, shared his expertise on the market for outdoor structure materials used for building decks, railing, and fences based on data from our Annual Builder and Consumer Practices Surveys.
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October 5, 2018
Wood-Finish Flooring Flourishing
It’s no secret that wood flooring has become very popular in new homes and can be found in nearly every room in the house, particularly in the main living and entertaining areas of homes. Current interior design trends lean toward cost-effective products with a more luxurious, furnished appearance in these areas, and wood or wood look-alikes readily fit the bill. Over the past several years, new technologies have made many wood and wood look-alikes less expensive, more resistant to scratching and impact, able to withstand wet environments, easy-to-install, and very attractive. Engineered wood flooring has now surpassed solid wood flooring in new homes, and the new LVT category continues to push the wood look into moisture-sensitive and higher functioning areas of the home. LVT flooring products can enhance a home’s interior with the warmth, richness, and texture of more expensive, luxurious hardwood flooring. Since laminate has made only small inroads into new homes, LVT has already garnered nearly 4% of total new home flooring installations.
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September 28, 2018
Roofing Market Trends? We’ve Got You Covered (and Re-covered)
The U.S. residential roofing is big. Based on Home Innovation’s Annual Builder and Consumer Practices Reports, about 17.5 billion square feet of it was installed on homes last year. The reports also concluded that nearly 85% of total residential roofing volume is installed on existing homes as either a full or partial replacement of existing material. On average, the age of the existing roofing in full replacement was slightly more than 19 years. About one-third replaced their roof because of leaking; one third because of storm damage; and, one quarter anticipated roof failure in the near future due to a deteriorating roof. Only 3 percent stated they wanted to improve the appearance of their house, and 2 percent claimed a pre-mature failure.
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September 7, 2018
Nickel for Your Thoughts … or Your Faucets? Remodeling Finish Trends
What constitutes a trend in building products? Is something “on trend” because an interior designer says it is? Or because it’s all the rage at a kitchen and bath trade show? Or because it makes an episode of a home improvement TV program? Not necessarily. While those things may deem a product to be “trendy,” they do not truly constitute a trend. I’ve seen several home remodeling “design trend” articles recently that were very interesting and enlightening, but also contradictory in describing what’s becoming more popular in the market according to our data. The biggest disconnect I’ve seen seems to be in the discussion of faucet finishes. If you just looked at just a handful of those articles, you’d swear that all new faucets were bronze, and that neither chrome nor stainless steel finished faucets exists anymore.
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August 17, 2018
Who’s on Deck? Outdoor Living Data Reveals Dramatic Swing in Builder Choice of Surface Materials
According to data from Home Innovation’s 2018 Annual Builder Practices Survey, more new homes are getting side & rear porches and decks than in past years, but fewer are getting on-grade patios. The inclusion of front porches and stoops on new homes, however, has fairly stable over the past decade.
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August 10, 2018
Concrete Evidence: Trends in Luxury Homes, Others in the Future?
Concrete homes are not new, and in a lot of places throughout the world they wouldn’t be described as particularly “fashionable” or trendy. There is concrete in nearly every home in the United States, particularly at the ground level and below, while above-grade portions of most residential structures are built primarily with structural wood framing. Less than 10% of new U.S. homes are constructed with above-ground concrete walls, and that hasn’t changed much over the past few decades though there has been a bit of ebb and flow.
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