Home Construction

© Provided by The Motley Fool Invitation Homes to Buy 7,500 Newly Built Homes From PulteGroup Leading single-family rental (SFR) company Invitation Homes (NYSE: INVH) recently unveiled the formation of a strategic partnership with homebuilder PulteGroup (NYSE: PHM). The real estate investment trust (REIT) will purchase 7,500 new homes over the next five years that PulteGroup will build expressly for this purpose. Here's a closer look at this partnership and the red-hot SFR market. Building out a visible growth pipeline The companies have initially agreed on the construction and sale of more than 1,000 homes across seven communities PulteGroup is developing. They expect to close the first sales next year, with the initial projects located in fast-growing Sun Belt markets across Florida, Georgia, North Carolina, Texas, and Southern California. This deal benefits both companies. Invitation Homes has added a pipeline of single-family homes to put into its rental p...

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Plans to bring luxury duplexes to 132 Bingham Ave. in Rumson were approved by the borough planning board Monday night, July 12. Courtesy Yellow Brook By Allison Perrine RUMSON – Despite hesitation from some members of the public, plans for nine luxury duplexes on Bingham Avenue were approved by the Rumson Planning Board Monday night. The application, brought by Red Bank-based Yellow Brook Property Co. LLC, falls in accordance with last year's settlement agreement between the borough and Yellow Brook, owned by local developer Roger Mumford. It was unanimously approved with conditions July 12 after nearly three hours of testimony and board and public comments, despite some criticism from residents. "The design of this community was basically to create a new type of housing concept that would utilize duplex home designs that give the appearance of a high-end, single-family, seashore colonial home design that reflect… other single-family homes in R...

Benjamin C Tankersley For The Washington Post Tapestry is a development of 67 single-family houses in Clarksburg, Md. The 67 houses include 10 moderately priced dwelling units. A floor plan at Tapestry, a development of single-family houses in Clarksburg, Md., was almost perfect when Samantha Goodman first saw it. Goodman and her husband, Floyd, had been eyeing new residential communities as they sought to move with their two daughters from a townhouse into a single-family house. She'd put her name on a list of potential Tapestry buyers and was one of the first invited to check out the plans. "From the start, my eyes were always on a new home," said Goodman, a program assistant for Operations Policy and Country Services at the World Bank. "We'd looked at other houses, but they didn't have that magnetic feel to them, the one you know that this is what you want." They were close on Tapestry after just looking at the floor plan. But where wa...

A Dream Bathroom Whether you want to update your home's bathroom with a remodel or just spruce it up with a material refresh, changing up your bathroom spaces is simple at Dream House Dream Kitchens, where rooms are designed according to your unique vision. The process begins with a home visit. Your individual design team will check out the space, taking photos and measurements of the area. Backed by a team of designers, project managers, carpenters and staff, your dream design team will not only walk you through the entire process every step of the way but will also work with you to create a list of wants that fit within your budget. "The initial design process can take as short as two to three weeks before we are ready for a presentation," says Megan Voakes, CKBD, Dream Team designer. "We create a 2D floor plan looking down on the space. That way, clients know exactly what they will be getting. We even do 3D renderings that show representative materials and colors ...

© DepositPhotos.com Foreclosed house For many prospective homebuyers, affordability is a big factor in determining whether to purchase a house. But, looking at average home sale prices only tells part of what a house might actually cost: the type of house purchased, where it's located, and many other variables could impact the price of owning a home. Whether an individual opts to build a house vs. buy a house, for example, could affect if they'll end up paying more. According to the National Association of Realtors, the median sale price of existing homes is $295,300. That price point is nearly $34,000 less than the cost of a new house. Because these numbers reflect all homes across the U.S., though, they only tell a partial story about whether it is cheaper to buy or build a house. For those considering whether they're ready to buy a house, it can be helpful to know the true cost of each option before making a choice...