CNN Money Reports Home Building Spikes Higher

CNN reports this morning that home building has spiked to its strongest level in almost two years. Contributing factors are record-low mortgage rates and a surge in construction of apartments and condominiums.

NEW YORK (CNNMoney)

Housing starts shot up to an annual rate of 685,000 in the month, up 9.3% from October and 24.3% higher than a year earlier. Building activity easily topped predictions of 627,000 starts economists surveyed by Briefing.com were expecting.

Building permits, a closely-watched reading that is less affected by weather than actual starts, also shot up, rising 5.7% from October and 20.7% from the year before to 681,000 homes annually.

"By historical standards, homebuilding activity is still very depressed, but at least it appears to be on an established upward trend," said Paul Diggle, property economist at Capital Economics.

Read the full article here.

New Hampshire home building activity has increased, too, as Bonin Architects & Associates have noticed in the Lake Sunapee area. Many homeowners are getting a head start on the spring building season by starting the home design of their cottage remodel and cabins with Bonin Architects over the winter months.

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Upper Valley Home Improvement Guide

Did you see the article on Bonin Architect's lakefront cottage project makeover in the Upper Valley Home Improvement Guide?

This great cottage has won several design build awards, including a Merit Award and the People's Choice Award from the 2011 AIANH Excellence in Architecture Awards!

The homeowners were involved from conception to completion, reusing every bit of material they could in the cottage renovation.

Missed that issue? Read all about this cottage on our website at http://www.boninarchitects.com/lakefrontcottage.html.

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NH Architects Interviewed About Cottage Renovation

Country Almanac’s Small Room Decorating, a national magazine designed to help homeowners maximize the living space in their small home or cottage, loved the 400 square foot cottage renovation recently completed by Bonin Architects and Associates in New London, NH.

The cottage renovation project had two primary goals: creating an open, efficient space that looks and feels larger than it really is and reusing as much as the original building material as possible.

 
The result is an efficient use of space, with a new cathedral ceiling and sleeping loft created when the original ceiling was removed.  Apartment-sized appliances maximize space in the kitchen.
  

Creative storage space was addressed with shelves, cubbies, benches, and hooks.

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NAHB: Ten Tips to Sell Your Home

Photo courtesy of NAHB

Are you building a new home but need to wait until you sell your current home?  If so, you’re not alone.  Here are ten tips to selling your home, provided by the National Association of Home Builders:

You may think your house is perfect just the way it is, but a prospective buyer may not see it that way. To give your home "curb appeal" and make it more attractive to buyers, there are some tasks you should see to before you place that "For Sale" sign in your front yard.

Many of these suggestions are simple, common-sense items; others will require some time and investment. But you'll reap the rewards when a buyer walks into your house and exclaims, "This is the home I've been waiting for!"

1.   If your home needs to be painted, this is the time to do it. The interior paint job should be fresh and clean and in a single, neutral color throughout. This is not the time to experiment with lilac walls in the bedroom. The same goes for the exterior. Don't forget shutters and windows. If your home has vinyl or aluminum siding, be sure it's clean. Moldy, dirty siding will tell a buyer that your home has not been taken care of properly.

2.   The green shag carpeting still gracing your floors should be replaced. Old, matted carpeting will be a detriment to your home selling. Real estate agents all have a dozen stories of a home that sat and sat on the market until the old carpeting was replaced. Then, it sold immediately. If you have hardwood floors under old carpet, tear up the carpet to expose them; today's buyers love hardwood floors.

3.   Make a list of all those little repairs you've let go. Then fix each one. The hole in the screen, the loose doorknob, the doorbell that doesn't work and the leaky faucet must all be repaired before buyers start looking at your home.

4.   If your home's appliances, like the dishwasher, oven, refrigerator and washer and dryer, are old and outdated, it could pay to replace them. Buyers do not want to be faced with the possibility of having to replace appliances upon moving in to a new house. Shiny, new appliances already in place will be a big selling point.

5.   Clear your house of clutter and debris. Get rid of piles of old newspapers and magazines, the old clothes that don't fit, the closet full of small appliances that don't work, dust-filled collections of knickknacks, etc.  Clean, open spaces make your home look bigger to prospective buyers.

Continue reading here

When you are ready to start thinking about building your new home, the first step is to hire an architect.  Bonin Architects is licensed in New Hampshire, Vermont, Maine, Massachusetts, Rhode Island, Connecticut, Pennsylvania and New York (inquire as to other states).  We're happy to talk to you about budgeting and costs, green building materials, and sustainable home design!

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The Future of Green Building

For leaders of the green building industry, standards are weaved throughout the mission of the company. The leaders in green building and sustainable construction have been incorporating green components into their designs for years, before the green building movement emerged on the scene.

Construction Digital spoke with experts from McCarthy Building Companies, GreenStreet and Bonin Architects and Associates to discover the latest trends in green building, the factors driving sustainability and the effect that green building has on the overall construction industry.



Read the full article here:


The Leaders Shaping the Expansion of Green Building

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Earth Hour for Climate Change

On Earth Hour hundreds of millions of people, organizations, corporations and governments around the world will come together to make a bold statement about their concern for climate change by doing something quite simple—turning off their lights for one hour. In the U.S. where we are already feeling the impacts of climate change, Earth Hour sends a clear message that Americans care about this issue and want to turn the lights out on dirty air, dangerous dependency on foreign oil and costly climate change impacts, and make the switch to cleaner air, a strong economic future and a more secure nation.

Participation is easy. By flipping off your lights on March 27th at 8:30 p.m. local time you will be making the switch to a cleaner, more secure nation and prosperous America. View the Earth Hour toolkits, to find out what else you can do to get involved including leading the Earth Hour movement in your community.

Since its inception three years ago, Earth Hour’s non-partisan approach has captured the world’s imagination and became a global phenomenon. Nearly one billion people turned out for Earth Hour 2009 – involving 4,100 cities in 87 countries on seven continents.

Last year, 80 million Americans and 318 U.S. cities officially voted for action with their light switch, joining iconic landmarks from around the world that went dark for Earth Hour, including:

Empire State Building
Brooklyn Bridge
Broadway Theater Marquees
Las Vegas Strip
United Nations Headquarters
Golden Gate Bridge
Seattle’s Space Needle
Church of Latter-Day Saints Temple
Gateway Arch in St. Louis
Great Pyramids of Giza
Acropolis and Parthenon in Athens
Christ the Redeemer Statue in Rio de Janeiro
St. Peter’s Basilica in Vatican City
Big Ben and Houses of Parliament in London
Elysee Palace and Eiffel Tower in Paris
Beijing’s Birds Nest and Water Cube
Symphony of Lights in Hong Kong
Sydney’s Opera House

Source: https://www.myearthhour.org/home

See what it's all about and why you should get involved:

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2009 Trends Report: Residential Design & Build

Residential Design & Build magazine’s 2009 Trends Report has the latest data on home design and building trends (reporting on 2008).

One of the charts in the article lists items, features, and materials where clients cut back when their budget is tight. Not surprisingly, our history in dealing with architectural design clients indicates these are the same areas where our clients make adjustments when going through budgeting and cost comparisons.

The biggest adjustment we see clients make to meet budget requirements is reducing the overall square footage of the home and only designing as much house as they need. Homeowners are willing to cut down on the actual living space to cut costs. Small homes generally cost less, which means less money financed; require less energy for heating and cooling, which means lower energy costs; have smaller, more efficient systems (furnace, AC, plumbing, etc.), can earn points toward energy program certification for small size, and will require less maintenance.

We have several small home designs that meet our clients lifestyle needs as well as goals toward energy efficiency.

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Build Green

There are more reasons to build green than saving the environment - expanding our green technology will certainly boost the economy and provide much-needed jobs. Here's an interesting article we read last week:

Green Energy Opportunities Start with Smart Climate Policy

by Frances Beinecke, President, Natural Resources Defense Council

January 15, 2010

Each new commitment to reduce greenhouse gas emissions is yet another indicator that the clean energy market will explode.

The question is: how rapidly will this market grow in the United States?

I have seen promising signs here in America. Green jobs, for instance, are growing 2.5 times as fast as traditional jobs. But there is another indicator as well: the enormous sense of possibility that is spreading across the country. Everywhere I go I meet people who want to design, invest in, or build the next wave of clean energy technology.

I have talked with researchers at MIT who are fired up to create the next generation of hybrid car batteries. I have met with green entrepreneurs in Ohio who are converting windshield factories to make solar panels. And I have heard from steel workers in Indiana who want to revive America’s industrial heartland by manufacturing wind turbines.

These people are doing what America has always done well: leveraged our ingenuity to become technological leaders.

But there is no guarantee that we will retain our leadership when it comes to clean energy. Germany and Spain have long been leaders in clean energy, but now China has created stringent fuel-efficiency rules for vehicles and strong renewable energy standards. It is also reportedly preparing plans to invest between $440 billion and $660 billion in the next 10 years on alternative energy development. India’s cabinet meanwhile, just approved a bold plan for generating 20,000 megawatts from solar energy by 2022.

America has yet to take similar action. We remain dependent on dirty fossil fuels that endanger our national security and escalate the costs of curbing global warming.

The best way to secure a place in the global clean energy market is through smart policies. We need government incentives to get technologies out of the lab and into the marketplace, and we need pollution-reduction targets to increase demand for cleaner options.

The most powerful tool we have for accomplishing this is a law that puts a price on global warming pollution and directs investment into clean energy alternatives. Such a law will give businesses an incentive to invest in things like hybrid technology and highly efficient heating and cooling equipment, and it will reward consumers for buying more efficient appliances and better insulated homes.

The businesses supplying these low-carbon solutions will experience dramatic growth. NRDC’s experts say that contractors who can successfully manage commercial-scale green-building projects have more work than they can handle. The same will soon be true for energy auditors, smart grid engineers, green architects, and hybrid battery designers.

Read the whole article here.

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Construction of New Homes Rebounds in November

New building permits rise more than expected -- a hopeful sign for industry

WASHINGTON - Associated Press, 12/16/09 - Construction of new homes, helped by better weather, rebounded in November following a setback in the previous month.

The gain is a hopeful sign that the housing recovery is continuing, a development viewed as critical to lifting the overall economy out of recession.

Read the whole article here.
Source: MSNBC.com

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AIA Architects: Billings Index Sending Positive Signals

A new press release generated by the American Institute of Architects reports a positive change in the number of inquiries for possible new projects, calling this “an early signal towards a recovery for the design and construction industry”.

The AIA uses its Architecture Billings Index (ABI), a leading economic indicator that provides an approximate nine to twelve month lag time between architecture billings and construction spending, as a means of gauging an increase or demand for design services.

The October ABI new projects inquiry score was 58.5, following the 59.1 mark in September (any score above 50 indicates an increase). The October ABI rating was 46.1, up sharply from 43.1 in September. This score, however, indicates a continued decline in demand for design services and the AIA remains cautious, saying “it is far too early to think we are out of the woods.”

Using our very accurate BA&A index, we can report a significant increase in new project inquiries for new home construction and green building, especially from people building in Connecticut, Rhode Island, and New Hampshire.

If you are thinking about building an energy efficient home, visit our website to learn about our Design Services and Architectural Fees (yes, our fees are listed on our website!).

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Home Builders Applaud Congress on Extending Home Buyer Tax Credit

November 5, 2009 - The National Association of Home Builders (NAHB) today applauded Congress for passing legislation that will extend and expand the $8,000 first-time home buyer tax credit, stating that this will provide a much-needed boost to the fragile housing market and economy.

“We commend lawmakers for acting in a bipartisan manner to extend the first-time home buyer tax credit beyond its Nov. 30 deadline and expand it to a wider group of home buyers,” said NAHB Chairman Joe Robson, a home builder from Tulsa, Okla. “The tax credit has proven to be a powerful economic incentive. Today’s action by Congress will further stabilize housing and the economy by creating new jobs, stimulating home sales, reducing foreclosures, cutting excess inventories and stabilizing home prices.”

The new law will extend the $8,000 credit for first-time home buyers for sales contracts entered into by April 30, 2010 and closed by June 30. Further, it has been expanded to include a new $6,500 credit for owners of existing homes who are purchasing a new home as a principal residence. An existing home owner can claim the $6,500 tax credit if they have been residing in their principal residence for five consecutive years out of the last eight. Additionally, the income eligibility limits to claim the full credit amount for both groups of home buyers have been raised to $125,000 for individuals and $225,000 for married couples.

NAHB estimates that the extended and expanded home buyer tax credit will create 211,000 jobs and generate 180,000 additional home sales in the coming year. It is also expected to generate $9.6 billion in wage income and $6.9 billion in federal, state and local taxes.

The legislation, which also extends unemployment insurance benefits and offers relief to cash-strapped firms by providing broader tax benefits for businesses with net operating losses (NOLs), is expected to be signed into law shortly by President Obama.

“The new NOL rules will throw a lifeline to struggling businesses, allowing them to continue making payrolls, paying business loans and otherwise keep their doors open until the economic recovery takes hold,” said Robson.

Source: http://www.nahb.org

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NH Architect Jeremy Bonin's Interviewed by Timber Home Magazine

The September 2008 Special Green Building Issue features an interview with NH Architect Jeremy Bonin on energy efficient home design, sustainability, and timber framing.

Writer Peter Lobred asks Jeremy Bonin, a LEED accredited architect and the author of the timber frame book, TIMBER FRAMES: Designing Your Custom Home, pointed questions about building a timber frame home and incorporating sustainable design. After explaining some of the catch phrases in the green building industry, Jeremy answers questions such as “What are some basic considerations – or the most crucial elements – that consumers / architects can incorporate into their plans for sustainable design?” and “Does there seem to be a natural fit between timber frame homes and green considerations?”

Asked about the cost versus benefits of energy efficient home design and sustainable options, Jeremy reminds homeowners that the simplest solutions are not only the most cost effective and usually provide the largest return on investment. For example, designing the home for passive solar heating and daylighting adds no cost to the home and offers huge savings; using an energy-efficient insulation system such as Structural Insulated Panels (SIPs) to keep heat in and cold air out and only designing as much house as you need means lower energy bills for years to come.

If you’re building a green home, whether it’s timber frame, post and beam, structural insulated panels, or another energy efficient building system, energy efficient home design starts with the site selection and site design. Jeremy suggests consulting with an architect in the earliest possible stage, even prior to purchasing your land, and discussing your ideas and green materials you want to incorporate.

Read the full article, Simply Green.

Jackie Lampiasi, Bonin Architects & Associates

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