ArchWeek Residential 2009.0727
ArchitectureWeek Editors
editor at architectureweek.com
Mon Jul 27 13:40:07 PDT 2009
Dear Designers, Builders, and Dwellers,
ArchWeek Residential brings you housing news and analysis weekly
from the editors of ArchitectureWeek.
With some new Commerce Department housing numbers just out, the
thoughtful observer, seeking understanding, will once again read
carefully well beyond the headlines...
The Commerce Department reported that sales of new single-family
homes rose 11 percent in June, an increase that dwarfed
economists' expectations of a 3 percent increase. The pace of
home sales rose to a seasonally adjusted rate of 384,000 a year,
the highest level since November.
But the figures offered no sign that the housing market had
returned to health.
Despite the monthly increase, sales of new homes were still down
21 percent from June 2008. The market is still swamped by a glut
of for-sale houses. And new homes, facing competition from cheap
foreclosures, are sitting on the market for close to a year
before they sell, compared with a median time of six months on
the market in 2007.
"These are still really bad numbers," an economist at IHS Global
Insight, Patrick Newport, said. "The market just couldn't have
dropped much further."
New U.S. Home Sales Rise Sharply as Prices Fall
http://www.nytimes.com/2009/07/28/business/economy/28econ.html
The Times article provides additional detail, and there's also a
useful compilation of housing news reactions from a variety of
analysts in a Wall Street Journal blog entry...
"...Despite the jump in sales in June, new home sales remain at
very low levels, and the not-seasonally-adjusted data show a
total of 36,000 homes sold nationwide in June, the lowest sales
total for June since 1982."
Economists React: Housing 'News Sounds Better Than It Looks'
http://blogs.wsj.com/economics/2009/07/27/economists-react-housing-news-sounds-better-than-it-looks/
We're all for optimism, built on a solid foundation.
Discuss online:
http://www.designcommunity.com/forums/viewtopic.php?t=29321
Residential Design and Building News
------------------------------------
New-Home Sales Climb 11%, Most in Eight Years - Bloomberg, 2009.0727
http://www.bloomberg.com/apps/news?pid=20601068&sid=aOyCZPnuxJUw
Shares of Home-Building Cos Spike on US New-Home Sales Data - CNN, 2009.0727
http://money.cnn.com/news/newsfeeds/articles/djf500/200907271045DOWJONESDJONLINE000381_FORTUNE5.htm
HCA Praises House Building Industry's Response to Kickstart Programme - 24Dash, 2009.0727
http://www.24dash.com/news/Housing/2009-07-27-HCA-praises-house-building-industrys-response-to-Kickstart-Programme
San Diego High-Rise Condo Market Goes from Frenzy to Fizzle - Los Angeles Times, 2009.0727
http://www.latimes.com/business/la-fi-condobust27-2009jul27,0,881890.story
£1 Billion Pledged for Home-Building - Architects' Journal, 2009.0727
http://www.architectsjournal.co.uk/news/daily-news/1bn-pledged-for-home-building/5205741.article
As House Appraisals Reforms Appear to Backfire, Realtors and Home Builders Seek Moratorium - Grand Rapids News, 2009.0726
http://www.mlive.com/news/grand-rapids/index.ssf/2009/07/as_house_appraisals_reforms_ap.html
Making Buildings Good - ArchitectureWeek, 2009.0722
http://www.ArchitectureWeek.com/2009/0722/environment_1-1.html
The days of making the business case for sustainable
design, or even explaining what LEED means and why it is
important, have passed. Today's green building
challenges have moved to more complicated areas of
policy - permitting and politics - and the
motivating sense of competition to be "the greenest."
In Thailand, Villa Yin and Villa Yang - New York Times, 2009.0722
http://www.nytimes.com/2009/07/22/greathomesanddestinations/22gh-thailand.html?_r=1&scp=3&sq=building+AND+construction+AND+architecture&st=nyt
O.C. Builder Nears Profitability - O.C. Register, 2009.0722
http://lansner.freedomblogging.com/2009/07/22/oc-builder-nears-profitability/30505/
Vacant Structure Ordinance Passes in Wheeling, West Virginia - Wheeling News-Register, 2009.0722
http://www.news-register.net/page/content.detail/id/526346.html
Home Builder Tallies Up Drywall Claims - Wall Street Journal, 2009.0722
http://online.wsj.com/article/SB124827419418172379.html
O.C. Builder Nears Profitability - O.C. Register, 2009.0722
http://lansner.freedomblogging.com/2009/07/22/oc-builder-nears-profitability/30505/
Chinese Drywall Leaving Home Toxic after It's Removed - WINK News, 2009.0721
http://www.winknews.com/news/local/51335127.html
The Future of Buying a Home: Energy Savings - Metro News Toronto, 2009.0721
http://www.metronews.ca/toronto/live/article/265487--the-future-of-buying-a-home-energy-savings
Michigan Debates Residential Sprinkler Code - Grand Rapids Press, 2009.0721
http://www.mlive.com/news/grand-rapids/index.ssf/2009/07/sprinkler_mandate_debated_in_l.html
AIA: U.S. Architecture Billings Fall in June - Denver Business Journal, 2009.0720
http://www.bizjournals.com/denver/stories/2009/07/20/daily42.html
Builder JEAN ANN MELKIN Dies at 85 - Washington Post, 2009.0719
http://www.washingtonpost.com/wp-dyn/content/article/2009/07/18/AR2009071801996.html
Modernist Architecture Can't Be Ignored - Deseret News, 2009.0719
http://www.deseretnews.com/article/1,5143,705317898,00.html
Outlook for LV Housing Grim - Las Vegas Review Journal, 2009.0719
http://www.lvrj.com/business/51132912.html
Housing Starts Rise an Unexpected 3.6% - New York Times, 2009.0718
http://www.nytimes.com/2009/07/18/business/economy/18econ.html?em
Even Though You're Smitten with the House, Take the 'Real Estate Prenup' Seriously - Washington Post, 2009.0717
http://www.washingtonpost.com/wp-dyn/content/article/2009/07/17/AR2009071701646.html
US Home Construction Recovering - Christian Science Monitor, 2009.0717
http://features.csmonitor.com/economyrebuild/2009/07/17/us-home-construction-recovering/
Ahead of the Bell: Housing Starts - Forbes, 2009.0717
http://www.forbes.com/feeds/ap/2009/07/17/ap6667378.html
Housing Starts Rise with Builder Confidence - Housing Wire, 2009.0717
http://www.housingwire.com/2009/07/17/housing-starts-rise-with-builder-confidence/
Housing Starts Increase to Seven-Month High - Bloomberg, 2009.0717
http://www.bloomberg.com/apps/news?pid=20601068&sid=alUESAGbhDHY
Economists React: "Bitter-Sweet" Report on Housing - Wall Street Journal, 2009.0717
http://blogs.wsj.com/economics/2009/07/17/economists-react-bitter-sweet-report-on-housing/
Home Builders Want Others to Pay Costs - Island Packet, 2009.0716
http://www.islandpacket.com/opinion/letters/story/905953.html
Residential Delinquencies Reach New Heights - Business Ledger, 2009.0716
http://www.thebusinessledger.com/Home/Archives/CommentaryViewpoints/tabid/86/newsid415/739/Residential-delinquencies-reach-new-heights/Default.aspx
Proposed Tax Law Would Help Builders, but Not Counties - Star News Online, 2009.0716
http://www.starnewsonline.com/article/20090716/ARTICLES/907169947/1177?Title=Proposed-tax-law-would-help-builders-but-not-counties
AZ Second in Foreclosures for First Half of 2009 - KTAR, 2009.0716
http://ktar.com/?nid=6&sid=1189732
The Revolving Villa - ArchitectureWeek, 2009.0715
http://www.archweek.com/2009/0715/building_1-1.html
"I have decided to make the complete turn."
Euphoric over seeing his still under-construction house
rotate its planned 180 degrees for the first time, the
Italian civil engineer Angelo Invernizzi quickly wrote a
colleague that the final version had to go all the way
around.
Michigan AIA Awards 2009 - ArchitectureWeek, 2009.0715
http://www.ArchitectureWeek.com/2009/0715/news_1-1.html
For its new northeastern branch, the Ann Arbor District
Library asked inFORM studio to design a sustainable
building that would promote observation of and respect
for its natural surroundings. The resulting Traverwood
Branch Library traces a narrow L shape on the corner of
a triangular lot, treading lightly on its wooded site
while also engaging the street edge.
Insurers Drop Out: Crisis Talks for Home Building - Sydney Morning Herald, 2009.0714
http://www.smh.com.au/national/insurers-drop-out-crisis-talks-for-home-building-20090713-ditr.html
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Press Release - National Governor's Association Adopts AIA Policy of
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http://www.archweek.com/2009/0722/press_release_1-1.html
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http://www.archweek.com/2009/0722/products_update.html
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