Job place safety is a priority in any workplace, but it is especially important in the building industry where our employees and coworkers are interacting with heavy machinery, and power tools regularly. The National Association of Home Builders (NAHB) offers a variety of safety resources to assist in keeping members safe.
America’s home builders closely follow the preferences of today’s home buyers to ensure they enjoy their new homes. For example, builders responded at the height of the pandemic by adding square footage in new homes since people were spending more time at home. Now the trend is shifting, partly due to housing affordability factors. Here are a few notable trends in the residential construction industry based on recent U.S. Census Bureau data analyzed by the National Association of Home Builders (NAHB).
According to research from the National Association of Home Builders nearly half of home buyers are willing to invest $5,000 or more to save $1,000 annually on their utility bills, and 35% are willing to spend upwards of $10,000.
In May 2022, 88% of homes sold were on the market for less than a month. For many Americans, owning their own home is worth the time and investment.
As a first-time home owner, you now have a place to call your own. Routine home maintenance will help you enjoy your new home for years to come.