Your West Michigan Home Builders 
In a Jan. 9 CNBC report, consumer confidence in the national housing market is finally on the rise after home prices peaked six months ago, thanks to falling home prices. In West Michigan, home prices slightly mirror the national trend even when demand remains high, according to Sable Homes President John Bitely. The Rockford-based home […]
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Recent fears over the coronavirus outbreak in the U.S. has now begun to impact the country’s economic climate. At the end of February, coronavirus concerns sparked the most dramatic stock market sell-off since the 2008 financial crisis, according to NPR. Stocks rallied back on Monday, March 2, on expectations that the Federal Reserve would cut […]
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As demand for housing continues to grow in West Michigan, Sable Homes, which is ranked as one of the region’s top-three home builders and top 250 nationally, expects inventory shortages to continue through 2020 for homes in the $200,000 -$300,000 range. Additionally, the Rockford, Michigan-based home builder plans to broaden its territory, despite regulatory restrictions […]
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A new housing trend analysis revealed 12 percent of adults are expected to consider a house purchase in 2020. The National Association of Home Builders Housing Trends Report for the third quarter of 2019 reports the percentage of prospective home buyers for the upcoming year is comparable to last year’s projections of 13 percent. Sixty […]
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As a West Michigan home builder, Sable Homes sees the housing affordability gap continue to widen throughout the region. Part 1 of our blog regarding housing affordability touched upon data released last month by the National Association of Home Builders, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development illustrating a […]
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After I began decorating my home each season, I soon realized it was becoming costly and taking an enormous amount of work. Over the years, I’ve developed a better understanding of how to maximize a seasonal impact without breaking the bank, or my back. Here are a few tricks I’ve learned along the way: • […]
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The national housing market is seeing a noticeable home purchasing trend within the millennial generation, according to a recent study by the National Association of Home Builders. Between 2007 and 2018, the percentage of millennial home buyers who prefer purchasing a new home increased from 28 percent to 41 percent, according to the study conducted […]
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Data released in September, by the National Association of Home Builders, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development illustrates a growing problem of housing affordability nationwide. The information shows there is a “mismatch between the actual prices of new homes and the prices buyers expect to pay — providing […]
Read MoreThe market look for home builders looks strong and if the trend continues, this should carry into the New Year. Builder confidence for newly-built, single-family homes held steady in November at a level of 63 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). According to the National Association of Home Builders […]
Read MoreA recent survey of construction shows an interesting trend: More than half of the new homes built last year do not have basement and the trend continues to go up. According to U.S. Census Bureau survey, 57% of new homes in 1015 were built on a concrete slab, continuing a steady increase in this foundation […]
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