Good News on The Housing Front
08.10.12
Recent government data has revealed that housing has gone from a net drag on the economy to a net positive and that residential home construction is now starting to reassume its traditional role of helping to move the economy forward following a recession.
In an article published by the National Association of Home Builders (NAHB), president, Barry Rutenberg, states that production of single-family homes is now the strongest it has been since 2010 due to rising consumer demand brought on by improving market conditions.
“Builder confidence increased by solid margins in every region of the country in July as views of current sales conditions, prospects for future sales and traffic of prospective buyers all improved,” said Barry Rutenberg, chairman of the National Association of Home Builders (NAHB) and a home builder from Gainesville, Fla. “This is greater evidence that the housing market has turned the corner as more buyers perceive the benefits of purchasing a newly built home while interest rates and prices are so favorable.”
NAHB Chief Economist David Crowe added “This is particularly encouraging at a time when other parts of the economy have begun to show softness, and is all the more reason that the challenges constraining housing’s recovery – namely overly tight lending conditions, poor appraisals and the flow of distressed properties onto the market – need to be resolved.”
Want to read more of this article, go to http://www.nahb.org
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Another great year at the @pocketsfullofsunshineinc annual sporting clays shoot☀️Your work throughout our Lowcountry community is priceless, thank you for all that you do ☀️
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Ready for warmer weather and evenings spent like this
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Builder: @h2.builders
📸: @beaufort.josh
H2 Builders, building custom luxury homes in the Lowcountry for 30+ years
Architect: @pearcescottarchitects
Designer: @leahbaileyinteriors
Photographer: @kelliboydphotography
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This and a good bourbon…or Negroni. The client directive was a moody lounge for cocktails or a cozy tv night.
Builder: @h2.builders
Cabinetry: @palmettocabinetstudio
📸: @beaufort.josh
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The dining and kitchen of our recent project. With a nod to European design, the design elements included stone, marble, plaster, chevron oak floors, and detailed millwork details. The client’s original vision brought to life through selections and careful attention to the design details. We take a lot of pride in the work and thoughtfulness that goes into the many decisions that go into design of this detail and are thankful for the partners that make projects like this possible.
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Builder: @h2.builders
Architect: @courtatkinsgroup
Cabinetry: @palmettocabinetstudio
📸: @beaufort.josh
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This Palmetto Bluff retreat’s floor-to-ceiling windows and expansive screened-in porch are an open invitation for brighter moments and sunlit luxury. This time of year, we’ll gladly welcome every ray of sunshine. ☀️
Architecture: Court Atkins Group
Builder: @h2.builders
Interior Designer: @kellycarondesigns
Landscape Architect: @witmerjoneskeefer
Photographer: @kelliboydphotography
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This bathroom in one of our most recent projects is so beautiful. Not only because of the materials used but craftsmanship in the details. That brass wet room wall is just stunning!
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Builder: @h2.builders
Architect: @courtatkinsgroup
📸: @beaufort.josh
