Tag

Homes

Browsing


In 2023, nearly 6.45 million homes, around 5% of U.S housing stock, were classified as inadequate according to the American Housing Survey (AHS). Of these, 1.65 million homes were classified as severely inadequate, showing significant concerns over housing quality. While this reveals ongoing issues in nation’s housing conditions, it signals probable market growth for remodeling and home improvements in the year ahead.

The U.S. Department of Housing and Urban Development (HUD) defines physical adequacy based on whether a home meets the basic standard of “a decent home and a suitable living environment”. Homes are severely inadequate if they exhibit major deficiencies, such as exposed wiring, lack of electricity, missing hot or cold running water, or the absence of heating or cooling systems. Additionally, homes with at least five significant structural problems such as water leaks, large open cracks or holes in the floor also belong to this category.  Moderately inadequate homes have three or four significant structural issues, or have problems such as incomplete kitchen facilities, lack of vented heating equipment, or prolonged toilet breakdowns.

Housing inadequacy has remained a persistent issue over the past decade, shown in Figure 1.  In 2023, around 6.5 million households lived in moderately or severely inadequate housing. While the total number of inadequate homes declined slightly from 6.9 million in 2015 to 6.0 million in 2019, it rebounded to 6.7 million in 2021 and remained elevated in 2023.  The majority, around 4.8 million, of inadequate homes were moderately inadequate, while 1.65 million households lived in severely inadequate conditions in 2023.

The share of inadequate homes varies significantly by the age of the home (Figure 2). Older homes have higher rates of inadequacy. Homes built before 1940 have the highest inadequacy rate at 9%, followed by those built between 1940 and 1959 at 7%. While housing units from 1960 to 1979 show a moderate inadequacy rate of 5%, they account for the largest number of inadequate homes, with 1.2 million classified as moderately inadequate and 465,000 as severely inadequate in 2023. In contrast, newer homes (1980-Present) have lower inadequacy rates with the share steadily declining from 4% for homes built between 1980 and 1999 to 3% for those constructed from 2000 to the present.

Geographically, inadequate housing is most concentrated in smaller metro areas. Around 50.4% of moderately inadequate homes (2.4 million units) and 43.6% of severely inadequate homes (720,000 units) are in these areas in 2023. This trend is likely driven by aging housing stock and lower household income compared to major metro areas. However, major metro areas still have a substantial share of inadequate homes, with 29.7% of moderately inadequate (1.4 million) and 38.2% of severely inadequate units (631,000). Non-metro areas have the lowest total numbers, (953,000 moderately inadequate and 720,000 severely inadequate homes), though challenges persist.

In 2023, around 6.45 million households lived in inadequate housing, with more renters (3.5 million) than owners (2.8 million). Housing cost burdens varied greatly among these two groups: Among those households in inadequate homes, 1.9 million owners spent less than 30% of their income on housing, compared to 1.6 million renters. It suggests that many homeowners living in inadequate housing may indeed have the financial capacity to improve their housing conditions if they choose to do so. In contrast, renters in inadequate housing face greater financial constraints, with 1.1 million spending more than 50% of their income on housing, more than double the 480,000 cost-burdened owners. This disparity highlights the challenges renters are facing, including limited affordable housing options and a lack of control over property conditions.



This article was originally published by a eyeonhousing.org . Read the Original article here. .


Single-family homes started in 2024 typically had two full bathrooms, according to the U.S. Census Bureau’s Annual Survey of Construction. Homes with three full bathrooms continued to have the second largest share of starts at around 23%. Meanwhile, both homes with four full bathrooms or more and homes with one bathroom or less made up under ten percent of homes started.

A full bathroom, as defined by the Bureau, is one that has a washbasin, a toilet and either a bathtub or shower, or a combination of a bathtub and shower. In 2024, 65.0% of new single-family homes started in 2024 had two full bathrooms, marking  the second consecutive year that this share has increased.  The share of single-family starts with three full bathrooms fell for the third straight year, down to 23.3%, while the share of single-family starts with four or more bathrooms increased to 7.2%. For starts with one full bathroom or less, the share fell to 4.5%.

Across the U.S., the East South Central division had the highest share, 71.6%, of new single-family starts having two full bathrooms. No other division had above a 70% share. The Census division with the lowest share was the Middle Atlantic, with 52.0% of new single-family starts reporting two full bathrooms. Starts in Middle Atlantic division were far more likely to have 4 full bathrooms or more, at 20.2%, more than double any other division in terms of share.

Half-Bathrooms

Most new single-family homes started in 2024 had no half-bathrooms at 53.7%. Following closely is the share of new single-family homes with one half-bathroom at 44.9%. New single-family starts with two or more half-bathrooms had a small share of 1.4% in 2024.  A half bathroom contains a toilet, bathtub, or shower, but not all facilities to be classified as a full bathroom.

Half-bathrooms are historically more prevalent in the New England Census division as compared to the other eight divisions. In 2024, 64.0% of new single-family homes started in the New England division had at least one half-bathroom. The lowest share occurred in the Pacific division, where only 38.3% of starts had at least one half-bathroom.



This article was originally published by a eyeonhousing.org . Read the Original article here. .


In 2024, 6.9% of new single-family detached homes were teardowns (structures torn down and rebuilt in older neighborhoods), and another 20.1% were built on infill lots in older neighborhoods, according to the latest Builder Practices Survey (BPS) conducted by Home Innovation Research Labs. The BPS places new homes in one of four development categories. In addition to teardown and infill, the categories include “new residential development” and ”not in a residential development.” Homes built in a new residential development (i.e., subdivisions) are by far the most common type. 

There is a moderate amount of geographic variation in the teardown share. At the high end, over one in ten single-family homes were built on a lot where a structure had to be torn down in three of the nine Census Divisions: 15.0% in New England, 13.2% in the Pacific, and 10.1% in the East South Central. At the low end, the teardown share was only 4.8% in the South Atlantic.  

Nationally, homes built in older neighborhoods, but without tearing down another structure first, were nearly three times as common as teardowns. Again, however, there is geographic variation. Infill development accounted for over 30% of single-family homes in New England (38.0%) and the Middle Atlantic states (32.4%) but accounted for under 10% in the West South Central (9.7%) and Mountain (9.3%) divisions.



This article was originally published by a eyeonhousing.org . Read the Original article here. .


The share of new homes with decks edged down from 17.6% in 2023 to a new all-time low of 17.4% in 2024, according to NAHB tabulation of data from the HUD/Census Bureau Survey of Construction (SOC).

Over the longer term, the share of new homes with decks has been declining steadily since reaching a peak of 27.0% in 2007 and 2008. Amidst that decline, the share of new homes with patios has been trending upward, from under 50% to over 60% (despite a minor reversal of the upward trend in 2024). From the re-design of the SOC in 2005 through 2024, the correlation between the percentages of new homes with patios and decks is -0.85, indicating that patios and decks are functioning as substitutes over time—i.e., as patios become more common, they are crowding out decks.

Decks and patios appear to be substitutes across the U.S. On the single-family homes started in 2024, decks tended to be more common where patios were comparatively rare. For example, only 14% of the homes in the New England Census Division included patios, while a high of 69% included decks. Conversely, 82% of new homes included patios in the West South Central, while only 3% included decks. Across all nine divisions, the correlation between the percentages of new homes with decks and patios was -0.77.

Even so, decks remain relatively popular on new homes in some parts of the country. In addition to New England, over 30% of new homes came with decks in the West North Central (46%), Middle Atlantic (34%) and East South Central (31%) divisions. Moreover, in the latest edition of  What Home Buyers Really Want, 79% of recent and prospective home buyers rated a deck as an essential or desirable feature.

Additional detail on the characteristics of new-home decks is available from the Annual Builder Practices Survey (BPS) conducted by Home Innovation Research Labs.

Nationally, the 2025 BPS report (based on homes built in 2024) shows that the average size of a deck on a new single-family home is 278 square feet. Across Census Divisions, the average ranges from a low of 163 square feet in the West South Central to a high of 422 square feet in the Mountain division.

Beyond size, there continue to be strong geographic differences in builders’ choice of deck materials. On a square foot basis, treated wood is the most popular choice in the New England, South Atlantic, East South Central, and Mountain divisions. In the Middle Atlantic, East North Central, and West North Central, composite material predominates. In the Pacific Division, builders use concrete more than any other material, while in the West South Central there is a roughly even split between treated wood and concrete.

Of course, decks can be—and often are—added after the home itself is built. In the fourth-quarter 2024 survey for the NAHB/Westlake Royal Remodeling Market Index, decks ranked seventh among 22 listed remodeling projects, cited as a common job by 23% of the professional remodelers who responded to the survey.



This article was originally published by a eyeonhousing.org . Read the Original article here. .


Three-bedroom single-family homes reached their largest share of starts since 2011 and remained the most prevalent number of bedrooms among new homes. The share of starts for four-bedroom homes declined for the third consecutive year but remained well above the shares for two-bedroom or less and five-bedroom or more homes.

The share of single-family homes started with three bedrooms rose for the second straight year to its highest level since 2011 to 47.0%. All other bedroom number categories fell from 2023, with 4-bedroom homes falling the most from 33.1% to 32.4%, a 0.7 percentage point decline from the year prior. The share of single-family homes with 2 bedrooms or less remained greater than that of 5 bedrooms or more for the third straight year.

U.S. Divisions

Across U.S. Census Divisions, the share of new single-family homes with four or more bedrooms displays geographic variation. The share ranged from a low of 22.2% in the New England division to the highest share of 46.7% in the West South Central division. Coinciding with the fall in the share of new single-family homes with 4 bedrooms or more nationally, there are no divisions that have a share above 50%.

Purpose of Construction

The number of bedrooms in new homes varies depending on the purpose of construction (built-for-sale, contractor-built, owner-built, built-for-rent). Most of this variation comes from the two-bedroom or less homes and four-bedrooms homes. For example, the share of new single-family homes with two bedrooms or less ranges from 5.6% of homes built-for-sale to 37.8% of homes built-for-rent. Meanwhile, three-bedroom homes and five or more-bedroom homes display relatively little change across purpose of construction. Five or more-bedrooms homes held the smallest share of starts across purpose of construction for all types except for built-for-sale homes.

Discover more from Eye On Housing

Subscribe to get the latest posts sent to your email.



This article was originally published by a eyeonhousing.org . Read the Original article here. .


In 2024, most new single-family homes included laundry connections on the first floor (70%), according to the Census Bureau’s Survey of Construction. The first floor is also where most customers prefer to have the laundry, as shown in Chapter 2 of What Home Buyers Really Want.     

The second floor was the next most common location, accounting for 28% of new single-family homes, while laundry areas in the basement accounted for just 2%. The share of new homes with laundry in any other location was negligible. 

Across all Census Divisions, the first floor remains the most common location for laundry, even in regions where two-story homes are more prevalent. Nevertheless, some regional differences exist. In the West South Central division, 91% of homes had a laundry area on the first floor, compared to just 51% in the Pacific division. Meanwhile, a second-floor laundry was most popular in the Pacific division at 46%, and least common in the West South Central at 8%. 

Not surprisingly, laundry connections in basements are more common in areas of the country where basements themselves are more common: primarily in the northern regions. The West North Central division led with 14% of homes featuring a basement laundry, followed by New England at 9%. These two divisions are also among the few where most new homes include a full or partial basement.  

Among age-restricted homes, where accessibility and main-level living are key design priorities, 93% featured laundry on the first floor. 

Multifamily Laundry Trends

For multifamily units completed in 2024, 88% of apartments included an individual laundry, while 12% offered shared or no laundry facilities. This share has remained relatively stable since 2015, reflecting continued renter demand for in-unit laundry. 

Regionally, the Northeast has the highest shared or no laundry facilities percentage at 33%. In contrast, shared or no laundry facilities remained far less common elsewhere: 3% in the Midwest, 4% in the South, and 9% in the West. 

The pattern extends to the built-for-rent (BFR) segment, where 88% of units had an individual laundry, unchanged from the prior two years. In contrast, built-for-sale multifamily units saw a decrease—from 92% with individual laundry in 2023 to 81% in 2024—suggesting a possible shift toward more affordable condo projects, which are more likely to include shared facilities. 

Discover more from Eye On Housing

Subscribe to get the latest posts sent to your email.



This article was originally published by a eyeonhousing.org . Read the Original article here. .


While new homes remain largely unaffordable, builder efforts to improve housing affordability paid dividends in the second quarter of 2025, according to the latest data from the National Association of Home Builders (NAHB)/Wells Fargo Cost of Housing Index (CHI). The CHI results from the second quarter of 2025 show that a family earning the nation’s median income of $104,200 needed 36% of its income to cover the mortgage payment on a median-priced new home. Low-income families, defined as those earning only 50% of median income, would have to spend 71% of their earnings to pay for the same new home.

The figures are somewhat higher for the purchase of existing homes in the U.S., showing that it took more income to buy an existing home. A typical family would have to pay 37% of their income for a median-priced existing home while a low-income family would need to pay 74% of their earnings to make the same mortgage payment.

The second quarter of 2025 marked the largest historical gap where existing home prices exceeded those of new homes. Different dynamics in the two sectors are responsible for the price divergence. On one hand, builders are offering incentives for smaller homes on smaller lots, with streamlined options and features, and thus shifting their production toward less expensive homes.  Many existing homeowners, meanwhile, are locked-in their homes by low mortgage rates, limiting resale inventory, and causing existing home prices to increase.

The percentage of a family’s income needed to purchase a new home was unchanged at 36% from the first to the second quarter, while the low-income CHI fell from 72% to 71% over the same period. Median new home prices edged down 1%, from $416,900 in Q1 2025 to $410,800 in Q2 2025, while the average 30-year mortgage rate slipped from 6.91% to 6.88%.

Affordability of existing homes, on the other hand, edged lower for both median- and low-income families between the first and second quarters. Median existing home prices rose 7% during this period, from $402,300 to $429,400. The share of income needed to pay for an existing home rose from 35% to 37% for a typical family and from 70% to 74% for a low-income family during this period.

CHI is also available for 175 metropolitan areas, calculating the percentage of a family’s income needed to make the mortgage payment on an existing home based on the local median home price and median income in those markets.

In 10 out of 175 markets in the second quarter, the typical family is severely cost-burdened (must pay more than 50% of their income on a median-priced existing home). In 85 other markets, such families are cost-burdened (need to pay between 31% and 50%). There are 80 markets where the CHI is 30% of earnings or lower.

The Top 5 Severely Cost-Burdened Markets

San Jose-Sunnyvale-Santa Clara, Calif., was the most severely cost-burdened market on the CHI, where 93% of a typical family’s income is needed to make a mortgage payment on an existing home. This was followed by:

Urban Honolulu, Hawaii (73%)

San Francisco-Oakland-Fremont, Calif. (72%)

San Diego-Chula Vista-Carlsbad, Calif. (67%)

Naples-Marco Island, Fla. (60%)

Miami-Fort Lauderdale-Palm Springs, Fla. (60%)

Low-income families would have to pay between 119% and 186% of their income in all six of the above markets to cover a mortgage.

The Top 5 Least Cost-Burdened Markets

By contrast, Decatur, Ill., was the least cost-burdened markets on the CHI, where typical families needed to spend just 17% of their income to pay for a mortgage on an existing home. Rounding out the least burdened markets are:

Elmira, N.Y. (18%)

Peoria, Ill. (19%)

Davenport-Moline-Rock Island, Iowa-Ill. (19%)

Binghamton, N.Y. (19%)

Low-income families in these markets would have to pay between 33% and 38% of their income to cover the mortgage payment for a median-priced existing home.

Visit nahb.org/chi for tables and details.

Discover more from Eye On Housing

Subscribe to get the latest posts sent to your email.



This article was originally published by a eyeonhousing.org . Read the Original article here. .



Un jour d’avrilSave Photo
3. Mediterranean Villa in Marseilles, France

With its white villas, bougainvillea and pine-planted valleys overlooking the Mediterranean sea, the La Corniche Boulevard in Marseilles, France, is a dream location. When a family of four found this two-story 1930s building for sale, they jumped at the chance to own it.

They hired interior designer Chrystel Laporte of Un jour d’avril and landscape architect Élodie Wehrlen of Côté Outdoor to help them turn it into their dream home. Designer Laporte began the design process by listening closely to the owners’ desires and collecting inspirational photos to reflected their wishes. “These mood boards help me tailor the feel of the rooms throughout the project,” she says.

“I also paid attention to the home and looked at its plan in 2D. I always worked from the existing space and examined its lines of sight to create a surprise,” she says. As a former graphic artist, she’s always attuned to the best framing, as illustrated here with this tantalizing slice of sparkling Mediterranean sea on display in the main bedroom, which was previously a bathroom.



This article was originally published by a
www.houzz.com . Read the Original article here. .


In the second quarter of 2025, the median price for a new single-family home was $410,800, which was $18,600 lower than the median price of existing homes, which stood at $429,400. This marks the largest historical gap where existing home prices exceeded those of new homes, according to U.S. Census Bureau and National Association of Realtors data (not seasonally adjusted – NSA) 

Typically, new homes carry a price premium over existing homes. From 2010 to 2019, this pattern held steady, with an average difference of $66,000. However, over the past five years, the gap has narrowed significantly, averaging just $24,800. Notably, this trend reversed in 2024. In both the second and third quarters, the median price of existing homes surpassed that of new homes. 

Both new and existing homes saw dramatic increases in prices post-pandemic due to higher construction costs and limited supply. While overall home prices remain elevated compared to historical norms, new homes prices have moderated due to tactical builder business decisions, whereas existing homes prices continue to increase because of lean supply and perhaps a lack of price discovery for existing homeowners. 

Indeed, the median price for a new single-family home sold in the second quarter of 2025 decreased 0.9% from the previous year. New home prices have continued to experience year-over-year declines for nine consecutive quarters.  

Meanwhile, the median price for existing single-family homes increased 1.7% from one year ago. Existing home prices have continued to experience year-over-year increases for eight consecutive quarters. 

There are several factors as to why new and existing homes are selling at similar price points. Tight inventory continues to push up prices for existing homes, as many homeowners who secured low mortgage rates during the pandemic are hesitant to sell due to current high interest rates.  

Meanwhile, new home pricing is more volatile – prices change due to the types and locations of homes being built. Despite various challenges facing the industry, home builders are adapting to affordability challenges by building on smaller lots, constructing smaller homes, and offering incentives. Additionally, there has been a shift in home building toward the South, associated with less expensive homes because of policy effects.  

Moreover, the least expensive region for new homes in the first quarter was the South, with a median price of $372,100. The Midwest followed closely behind at $385,300. For existing homes, the Midwest was the most affordably region at $328,800, followed by the South at $376,300. 

New homes were most expensive in the Northeast with a median price of $796,700, while the West sold at $531,100. For existing homes, the West led as the most expensive region at $646,100 homes, followed by Northeast at $646,100.  

The new home price premium was most pronounced in the Northeast, where new homes sold for $269,500 more than existing homes. The West and South followed the national trend, with existing homes priced $4,200 more than new homes in the West and $115,000 more in the South. 

Discover more from Eye On Housing

Subscribe to get the latest posts sent to your email.



This article was originally published by a eyeonhousing.org . Read the Original article here. .


In 2024, there were 24,000 homes that exceeded 5,000 square feet, equating to a 2.3% market share of all new homes started. Both the number and market share for 5,000+ square foot homes experienced declines from 2023, according to the annual data from the Census Bureau’s Survey of Construction (SOC).

The number of homes started in 2024 exceeding 5,000 square feet dropped to 24,000, a decrease from 26,000 in 2023. In 2006, the number of new 5,000+ square foot homes reached a peak of 45,000. This number proceeded to drop during the Great Recession and hit a low of 11,000 in 2009. Since 2013, the number has remained consistently above 20,000, with a recent peak of 33,000 in 2021.

Of the total number of new homes started in 2024, 2.3% had 5,000+ square feet or more of finished space, down from 2.8% in 2023.  The decline marks the third consecutive drop in the share of homes this size, down from a recent peak of 2.9% in 2021.  In 2015, the 5,000+ square foot share reached a record high of 3.9%.  Since then, it has fluctuated between 2.3% and 3.1%.

Tabulating the major characteristics of 5,000+ square foot homes started in 2024, the data show 83% have a porch, 79% have a finished basement, 71% have a patio, 69% have four or more bathrooms, 66% have a 3-or-more car garage, 54% have five bedrooms or more, and 50% belong to a community association.

Discover more from Eye On Housing

Subscribe to get the latest posts sent to your email.



This article was originally published by a eyeonhousing.org . Read the Original article here. .

Pin It