News & Info

Bedrooms, Kitchens Consume Copious Space in New Homes

In the average new home, 28.0 percent of the finished floor space is allocated to bedrooms and 11.2 percent to the kitchen area, according to a recent NAHB study.  The study is based on special questions appended to the November 2018 survey for the NAHB/Wells Fargo Housing Market Index.  The questions covered 13 specific types of areas…

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How Much Are Buyers Willing to Pay for Energy Efficiency?

On average, home buyers are willing to pay an additional $8,728 upfront on a home in order to save $1,000 a year in utility bills, according to NAHB’s recently released study, What Home Buyers Really Want (2019 Edition) (Figure 1). The study is based on a survey asking recent and prospective home buyers (people who bought homes…

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The HBA Turns 65 Years Old This Year!

The Home Builders Association of Greater Springfield received its charter in 1954 from the National Association of Home Builders. From the beginning, the HBA became the voice and advocate for construction professionals leading the way to protect and promote housing and preserve the American dream of home ownership. As a bonus for those searching for Quality…

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