Professional Documents
Culture Documents
SELLING SEASON
Q1 2024
VYCOR enV-S ® TM
ferguson.com/build
Contents
Q1 2024
featuring
29 products
you’ll find
at IBS
FEATURES
30 Seasonal Optimism
Read why builders are feeling
good about the 2024 spring
selling season. Plus, experts
share their latest sales and
marketing strategies.
By Vincent Salandro
DEPARTMENTS
7 Pulse 22 Trends
14 Economics 26 Projects:
18 Technology Built to Live
ONLINE 24/7 Visit us at builderonline.com for the latest home building industry news. Cover illustration: Traci Daberko; Above: Paulina Sara Design/Creative Market
Volume 47, number 1. Builder (ISSN 0744-1193; USPS 370-600) is published quarterly by Zonda Media, 4000 MacArthur Blvd Ste 400 Newport Beach, CA 92660-2543, and printed in the USA.
Copyright 2024 by Zonda Media, a Delaware corporation. Reproduction in whole or in part prohibited without written authorization. Single-copy price: $8.00. Periodicals postage paid at Newport Beach, CA,
and at additional mailing offices. Postmaster: Send address changes to Builder, P.O. Box 3494, Northbrook, IL 60065-9831. Member: American Business Media
B U I L D E R O N L I N E .C O M Q 1 2 0 24 BUILDER 3
Christine Serlin, editor
Leah Draffen, associate editor
Vincent Salandro, associate editor
Symone Strong, associate editor
BUILDER occasionally will write about companies in which its parent organization, Zonda Media, a Delaware corporation, has an investment interest.
When it does, the magazine will fully disclose that relationship.
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THE PRODUCTS TO The industry’s greatest collection of building product brands is
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SIDING & ACCESSORIES TRIM & MOULDINGS ROOFING STONE WINDOWS OUTDOOR LIVING
PULSE b y B U IL D ER S T A FF
Unlocking Gen Z: 5 Steps to Attract, Connect & Retain Real-World Strategies to Attract &
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Wednesday, Feb. 28 | 10:15 – 11:15 AM Thursday, Feb. 29 | 10:15 – 11:15 AM
West 220 West 204
B U I L D E R O N L I N E .C O M Q 1 2 0 24 ⚫ BUILDER 7
PULSE
How have the floor plans for IBS changed over the years?
Beyond the onset of the co-location of IBS with the Kitchen & What’s your best advice for getting the
Bath Industry Show (KBIS) in 2014 (collectively called Design & most out of the show?
Construction Week or DCW), for the first time in the 80-year Do not expect to do and see it all. Instead,
history of IBS, NAHB has segmented the exhibit floor into six set priorities and a goal for each day of the
broad product/service categories (Product Segmentation). DCW show. Create a daily plan based on exhibi-
became so large that it was becoming increasingly difficult for tors, education sessions, networking, and
attendees to find what they needed and to compare suppliers of social events, etc., you want to see and at-
similar products. Segmentation solves that. tend. Do this all before landing in Vegas,
and revisit and adjust the plan each night
How are exhibitors laid out across the halls? before heading to the show each morning.
The IBS exhibits that are inside the Las Vegas Convention Center Stick to the plan to achieve your daily goals.
are divided into six segments:
Schedule your time with your main priori-
Central Hall: ties in mind first but leave time for all the
• Building Materials other areas of the show. You may spend
most of your day in IBS education ses-
West Hall: sions, but leave an hour to walk the show
• Interior Finishings & Home Living floor, visit the IBS Store to stock your book-
• Business Management & Professional Services shelf, connect with niche peers and ex-
• Global Products perts in Centrals, and network during the
evening special events.
South Hall (Upper Level):
• Construction Tools, Systems, Equipment & Safety In addition to comfortable shoes,
• Outdoor Living, Leisure & Modular Structures what’s your top tip?
Be present and enjoy the experience. It’s
IBS also has exhibits outside in Silver Parking Lot 1 that are not hard to leave work or your business for three-
Nick Hagen Photography
segmented. A more detailed list of the product/service categories plus days, but the show is your opportunity
contained within each segment is available at buildersshow.com. to better yourself and your business/compa-
ny. Take it all in while you have the chance.
The KBIS exhibits are in the North Hall, downstairs in South, Silver Then, bring the information, knowledge,
Parking Lot 3, and part of West Hall. IBS registrants have compli- contacts, and insights back to your business
mentary access to the KBIS exhibits. when you get home.—leah draffen
“You have to be a great communicator in this business ... it’s about really
communicating with your team.” —liesel cooper , century communities
listen to zonda’s “inspirational leadership” podcast, hosted by principal mollie carmichael
8 BUILDER ⚫ Q 1 2 0 24 B U I L D E R O N L I N E .C O M
Build with Samsung
Holdings for $4.9 Billion and ranked 38th on the 2023 BUILDER 100 list. The
builder has experienced significant growth since 2014,
when it ranked No. 83 with 472 closings. The builder
sekisui house and m.d.c. holdings—no. 11 on the 2023
operates in seven markets spread across five states:
Builder 100—announced a definitive agreement in which the
Atlanta; Birmingham and Huntsville, Alabama;
wholly owned subsidiary of Sekisui House will acquire MDC for
Charlotte and Raleigh, North Carolina; Nashville,
$4.9 billion.
Tennessee; and Houston.
Sekisui House will become the nation’s fifth largest home
builder, based on the number of houses closed in 2022, and ex-
pands its presence to 15,067 combined home closings across 16 RECENT E XPANSION
states. The acquisition also helps Sekisui House to achieve its In August just ahead of beginning the IPO process, Smith
target of supplying 10,000 homes outside of Japan by 2025, Douglas Homes acquired Texas-based Devon Street
sooner than anticipated. Homes. The acquisition marked Smith Douglas Homes’
“This exciting acquisition of MDC represents a significant ad- initial entry into the Texas market.
vancement of the Sekisui House strategy to expand our U.S. pres-
ence and bring the value of our technology, innovation, and W O R K P L A C E C U LT U R E
philosophies to U.S. home building and ultimately to our custom- The home builder is Certified by Great Place to Work in
ers,” states Yoshihiro Nakai, representative director of the board 2023. The award is based on what current employees
president, executive officer, and CEO of Sekisui House. say about their experience working at Smith Douglas
Through the transaction, MDC will accelerate Sekisui House's Homes. In 2023, 94% of employees said Smith Doug-
global vision to “make home the happiest place in the world” by las Homes is a great place to work, 37 percentage
joining brands Woodside Homes, Holt Homes, Chesmar Homes, points higher than the average U.S. company at 57%,
and Hubble Homes. By leveraging Sekisui House technologies and according to Great Place to Work. As part of the survey,
building practices cultivated in Japan, MDC expects to deliver 97% of employees indicated they are proud to tell oth-
high-quality houses that enhance its position in the key states in ers they work for the company.—builder staff
which it operates. Closing of the acquisition is expected in the first
half of 2024.—symone strong
CASTLEROCK COMMUNITIES, CENTURY COMMUNITIES has LANDSEA HOMES continued its UNITED HOMES GROUP expanded
a subsidiary of Daiwa House, acquired Landmark Homes of Texas expansion by entering a in Myrtle Beach, South Carolina,
has entered Tennessee with Tennessee, increasing its definitive agreement to acquire by buying the home building
Adobe Stock
the acquisition of The Jones offerings in the Nashville Dallas-Fort Worth-based business and assets of
Company of Tennessee. housing market. Antares Homes. Creekside Custom Homes.
10 B U I L D E R ⚫ Q 1 2 0 24 B U I L D E R O N L I N E .C O M
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TRADITIONAL LOOK,
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GDP Dynamics
An analysis into growth by state and metro shows the effect
of the shift of economic activity to the Southeast.
b y A L I WOL F, Z O N DA C H I E F E C O N OM I S T
G
ross domestic product, or gdp, is the broadest measure Top 5 States by Share of Total U.S. GDP
of overall economic growth. Nationally, GDP growth of 2%
to 3% is generally considered healthy, and that’s what we are
seeing in the United States today. The GDPNow measure from 2018 Top 5 % of GDP 2022 Top 5 % of GDP
the Atlanta Federal Reserve estimates that the economy is grow- California 14.2% California 14.6%
ing at a 2% pace.
While GDP is typically discussed on a national level, we can Texas 8.7% Texas 8.9%
also drill this data down by state and metro. In doing so, we can
see which areas are the most impactful to the U.S. economy and New York 8.3% New York 8.1%
which ones are growing or contracting. The chart at right shows
the top five states by share of total GDP. Florida 5.2% Florida 5.6%
• GDP share and population go hand in hand. The top four states When drilling into the metro-level
for GDP share align with the top four for population. Illinois economic growth data, we see some of
ranks sixth for population (behind Pennsylvania) but ranks fifth the shifts we’d expect. Prior to the pan-
for GDP share. demic, California had two metros in the
top 10 for annual growth. The latest data
• California is still an economic powerhouse. Despite some shows none. Seattle was also in the top
high-profile corporate relocations from the state and some out- 10 but has been bumped off the list.
bound migration, California actually gained share as a percent Note, although some of California’s
of total U.S. GDP since 2018. Texas and Florida have also gained metropolitan areas have hit a rocky
share over the same period. patch in terms of growth (i.e., San Fran-
cisco and San Jose), the rest of the state
• New York and Illinois lost share. The declines correspond with still performed relatively well, with San
migration out of colder, slower-growth regions (Midwest, North- Diego, Sacramento, Los Angeles/Orange
east) toward the warmer and faster-growing economies of County, and Riverside all posting eco-
the Southeast. nomic gains. Thus, although San Jose
14 B U I L D E R Q 1 2 0 24 B U I L D E R O N L I N E .C O M
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ECONOMICS
with relative bang for the buck for housing. However, as with other economic and population gains will con-
growing areas, affordability has become an issue, especially in tinue to bring tension between affordabil-
high-demand and in-migration metropolitan areas like Austin ity and growth. B
16 B U I L D E R ⚫ Q 1 2 0 24 B U I L D E R O N L I N E .C O M
On schedule.
On budget.
On Buildertrend.
Go from chaos to control when you manage it all – sales,
projects, financials – all in one place.
T
ri pointe homes launched a proprietary customer ex- lines, aesthetics, home financing, inspec-
perience and communication app across its markets in Janu- tions, or progress, every question is
ary. Touted as the first such platform launched by a national important to both the home buyer and the
home builder, the Tri Pointe Homes Homebuyer App aims to keep builder. The Homebuyer App instantly
buyers engaged through automated updates on the build process answers those questions. The user-friendly
and digital organization of documents and appointments. platform provides a series of easily accessi-
The app, available to all buyers after signing a purchase con- ble guides and streamlined, direct commu-
tract, is part of the builder’s efforts to streamline communication nication with our team. Moreover, we saw
with the buyer. Linda Mamet, chief marketing officer at Tri Pointe enthusiastic adoption of the app during the
Homes, spoke with BUILDER to discuss the origin of the app, the early testing cycle. B
TRI POINTE HOMES
What gap did the company see that they felt the Tri Pointe Homes LEARN MORE
Homebuyer App could address? Visit builderonline.com for the full Q&A.
18 B U I L D E R ⚫ Q 1 2 0 24 B U I L D E R O N L I N E .C O M
Metal by
Benders
FSXS FS2DL
FSXC
FS2F150 FS1DL
FS1W165
Mastering
plan. “I would say in all cases just to add water if you
can,” states Carmichael. “You’re always going to get a
premium to actually be on water. It’s going to really
the Plan
double your value, and things like crystal lagoons, it’s
such a breathtaking experience.”
#6. Giving Back: Solar and energy-efficient features
may be more expensive upfront, but “people are looking
Learn more about which features to your pocketbooks to make up for rising interest rates,
and trends are important to consider higher cost of living, and inflation,” says Carmichael.
“Any time you can give back to the customer with things
when developing a master plan. like solar, energy consumption, is great.”
#7. Modal Variety: Carmichael says modal vari-
ety is such a big deal to her. “It allows your consumer,
b y S Y MON E S T RON G their families, the people that are living within this
community just a lot more choices to get around with-
out jumping into or starting up a car.”
I
n addition to sharing the 10 top-selling #8. Immersive Experiences: Activities like tradi-
master plans of 2023 in a recent webinar, Zonda tional golf have morphed into golf via simulators.
principal Mollie Carmichael also provided 12 “We’re going to see so much of this happening, wheth-
trends she is seeing within those top-performing er it’s retail or hotel experiences,” she says. “I think
communities from coast to coast. you should be thinking about it as you’re designing
Ranging from popular features, such as water ele- your master plans.”
Courtesy Lakewood Ranch
ments and work hubs, to overarching themes, such as #9. Social Programming: On that note, “social
affordability and wellness, the following trends were programming is going to continue to be big.” Car-
essential to driving more sales within the communi- michael refers to these social offerings as club con-
ties and creating value for the people who reside nections and can include games, clubs, events, or
there. Learn more about each below. anything that can bring people together.
#1. Design Matters: According to Carmichael, #10. Digital Playgrounds: When it comes to ame-
20 B U I L D E R ⚫ Q 1 2 0 24 B U I L D E R O N L I N E .C O M
This community has a 300-acre
lake system, featuring an eventual
8-mile blueway.
The 25 Top-Selling Master Plans of 2023
12 Marvida TX 24 Nocatee FL
As of January 2024
Source: Zonda
nities, also be thinking about the digital options. “We engage, creating ambassadors within your communi-
had PokemonGo back in the day. Think about pro- ty to lead the future of those master plans, that never
gramming your parks to one where kids who like gam- goes away despite all the digital stuff.”
ing go outside,” she says. “It can really be something #12. Marketing Strategies: Last, but not least,
fun that you can update regularly.” Carmichael states marketing plays a role in the suc-
#11. In-Person Events: But, don’t forget to bal- cess of a master-planned community. “We’re looking
ance the digital with the in-person events. “I always at how we talk to our customer so much differently
want to underscore there’s nothing that replaces than we did in the past,” she says. “We’ll actually
in-person experiences,” says Carmichael. “Having come back with another webinar specific to this in the
those events in person, coming up with reasons to next month or two.” B
B U I L D E R O N L I N E .C O M Q 1 2 0 24 ⚫ B U I L D E R 21
TRENDS
b y S Y MON E S T RON G
A
fter analyzing 2024 single- #1. Wellness Wins: A key theme from
family design predictions—from People are looking both of NKBA’s 2024 bath and kitchen
sources including the National Kitch- for spaces for trends reports was an increased home-
en & Bath Association (NKBA), the Amer- owner focus on wellness. In bathrooms,
ican Society of Interior Designers, Houzz,
amusement and designers are creating spa atmospheres
Taylor Morrison, and Ashton Woods— ‘eatertainment,’ that support relaxation, with 78% report-
BUILDER compiled a list of trends expect- ing a focus on health and wellness as a
ed to transform homes this year.
says the American driving design influence. In kitchens,
The overall takeaway reflects a grow- Society of designs are focused on nutrition and
ing interest to slow down in today’s fast-
Interior Designers. healthy eating, with appliances including
RZ Interiors/Ryan Fung Photography
paced environment. Wellness and comfort more refrigeration space and integrated
are top of mind still, four years after a cooking functions.
pandemic shook the globe. Plus, home- #2. Outdoor Illusion: Homeowners
owners are also prioritizing outdoor con- are looking for more ways to connect with
nections and colors, minimalistic and the outdoors, whether that’s through win-
clutter-free spaces, and personalization. dow openings or natural materials. Houzz
Learn more about each of the trends and reports searches for bedroom window
insights below. seats, living room bay windows, and
22 B U I L D E R ⚫ Q 1 2 0 24 B U I L D E R O N L I N E .C O M
WHERE OUR LIFE’S
WORK CHANGES LIVES
720+ HOMES BUILT OR
REMODELED
135 COMMUNITIES
IMPACTED
Learn more at
HomeForGoodproject.com
TRENDS
minimalistic décor style called “quiet luxury.” Taylor Morrison de- NKBA, designers will use multiple layers
signers define it as “the art of subtlety, combining textures, limited of lighting to support different functions.
prints, classic lighting, and natural materials to craft a cohesive yet Ashton Woods adds “under-cabinet ambi-
understated aesthetic.” The American Society of Interior Designers ent lighting creates a soothing, spa-like
also believes consumers are seeking the trend with “a more low-key environment in your home.” B
24 B U I L D E R ⚫ Q 1 2 0 24 B U I L D E R O N L I N E .C O M
BUILT FOR
WHAT’S NEXT
At Cornerstone Building Brands, North America’s largest exterior
building products manufacturer, we’re always searching for ways to
support our customers as they take on the challenges of tomorrow.
But as we know, “tomorrow” is a moving target.
COME VISIT US AT THE
We put our customers at the core of what we do and how we work.
2024 INTERNATIONAL
By doing so, it gives us the opportunity to actively become a better
BUILDERS’ SHOW® partner for them. With a vast portfolio of industry-leading brands
BOOTH C3830 and an expansive coast-to-coast network of 170+ locations, we are
your premier exterior building solutions provider that’s built to serve
for whatever’s to come. And, we’re excited to get started, with you.
Visit us at CornerstoneBuildingBrands.com/IBS
COMMUNITY CENTERS
The pedestrian and
pet-friendly community
includes walkways to each
front door with private
yards on the side.
26 B U I L D E R ⚫ Q 1 2 0 24 B U I L D E R O N L I N E .C O M
PROJECTS
Built
to Live
H
The 191 build-to-rent homes in aving designed more than 140
build-to-rent (BTR) communities
BB Living Harvest were designed throughout the country, national ar-
B U I L D E R O N L I N E .C O M Q 1 2 0 24 ⚫ B U I L D E R 27
PROJECTS
28 B U I L D E R ⚫ Q 1 2 0 24 B U I L D E R O N L I N E .C O M
OPEN FLOOR PLANS
On the first floor of each home, residents have a
combined kitchen, living, and dining room.
PROJECT DETAILS
Location
Argyle, Texas
Architect
KTGY
Developers
BB Living and Hillwood Communities
Site Size
SIDE YARDS
27.5 acres
With alley-loaded garages, the homes include a
private side yard for outdoor space.
Unit Plan Sizes
1,784 to 2,438 square feet
B U I L D E R O N L I N E .C O M Q 1 2 0 24 ⚫ B U I L D E R 29
Seasonal
Demographics, pent-up demand,
and cycle time normalization have
builders feeling good about the
2024 spring selling season.
by VINCENT SALANDRO
30 B U I L D E R ⚫ Q 1 2 0 24
Optimism
Builder 100
May 6-8, 2024
The Ritz-Carlton Laguna Niguel,
Dana Point, CA
Join hundreds of the top senior executives from America’s largest volume of
home builders for three days of exciting and insightful presentations, panel
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Bolster your success with strategies to help you navigate the shifting
market and fluctuating interest rates; tactics for dealing with accelerating
technological advances, including AI; hear lessons-learned; and more!
GOLD SPONSORS S I LV E R S P O N S O R S
TTHE
H E AR
ART
RT O
OFF D
DESIGN
ES
team the
down to who can show the buyer Jones, executive vice president of
how rate buydowns can greatly home building operations at
B U I L D E R O N L I N E .C O M
64%
Demographic trends are driving builder optimism indepen- INCREASE OF Preparing for the 2024
dent of potential movement in mortgage rates. Marla Telfair,
MILLENNIALS Spring Selling Season
corporate director of sales for Drees Homes, says the house- With expectations of a busy spring
hold formation from millennials and Gen Zers in family-
BUYING HOMES selling season—and one that could
building years will likely drive demand in 2024. With resale IN THE PAST see the rapid turnover of complet-
supply still limited due to the lock-in effect, new homes remain FIVE YEARS, ed inventory—builders share that
an attractive option for this cohort of prospective buyers. ACCORDING aligning starts and inventory was
“The majority of millennials have transitioned from renters to TO TRI of paramount importance in the
homeowners, [Tri Pointe data indicates] a 64% increase in millen- fourth quarter of 2023.
POINTE HOMES
nials buying homes in the past five years,” says Tri Pointe Homes “CBH has hit the gas pedal,
CEO Doug Bauer. “Millennials represent 62% of our home buyers. pushing for more starts and more
Right behind them is the Gen Z buyer. They are buying homes at spec inventory,” says Corey Bar-
a younger age; when you look at Tri Pointe, two-thirds of our pro- ton, president and owner of CBH
file is Gen Z and millennials. [Due to these trends], we’re pretty Homes. “Plus, [the company is]
optimistic going into 2024.” looking to hire 25 people in the
Rino says the increase in individuals entering the 55-plus age new year for positions across all
bracket is a positive trend for builders who offer active-adult areas of the company to help us
product. These buyers are typically less rate sensitive and are still hit those inventory goals. CBH is
encountering life events that influence moving decisions.
“Millennials and baby boomers are still collectively having life
events that create need-based housing demand,” says Phillippe
Lord, CEO of Meritage Homes. “We have seen interest and mort- An exterior shot of Drees
gage rates moderate over the last two months already, and the gen- Homes’ Brynlee II F model floor
Drees Homes
eral market expectation is for rates to either hold steady or move plan, available in the builder’s
down as the economy stabilizes, which will continue to give people communities in Conroe, Manvel,
confidence to buy a home in 2024.” Pinehurst, and Porter, Texas.
B U I L D E R O N L I N E .C O M Q 1 2 0 24 ⚫ B U I L D E R 35
excited to be able to release 10
new-home communities in the
first half [of 2024]. We’ ll be
pumping the inventory into these
new communities with new up-
dated products designed by our
professional designers.”
Jones says Drees Homes focus-
es on even-flow starts to the field,
and, with slower sales in the
fourth quarter, the builder has
been able to replenish its market
home inventory, “which has been
carefully curated by our design
consultants to deliver style and
the best value for our customers.”
McMahon says Fischer Homes
continues to prioritize contract-to-
build homes over spec homes, fo-
cusing on expanding its portfolio
to include more affordable prod-
uct offerings while also reinvest-
ing in new plans at the higher end
2%
of the market.
“At the same time, we are put-
ting some additional quick move-in Reasons for Optimism, Concern
inventory homes in place for 2024,” Builder optimism for the new-home market in 2024 is mirrored PROJECTED
McMahon says. “One of our most by positive outlooks for the sector from industry economists. The INCREASE
critical success factors in 2023 that new-home market is expected to continue to benefit from limited IN HOUSING
carries forward into 2024 is open- resale inventory due to mortgage rates throughout the year.
STARTS BY
ing new communities with success NAHB chief economist Rob Dietz says the organization projects
and ensuring that we are focused housing starts to increase between 3% and 4% in 2024 and antici-
ZONDA CHIEF
on achieving this goal between de- pates new-home sales will also experience positive growth in 2024. ECONOMIST
velopers, our home building opera- At Zonda, chief economist Ali Wolf projects starts will in- ALI WOLF
tions, and municipalities.” crease by 2% compared with the previous year and believes that
For Tri Pointe Homes, Bauer the “tale of two housing markets” for new and existing homes
says the company has remained will continue throughout the calendar year. With affordability
focused on having a 65–35 split still top of mind for a majority of buyers, she notes that rate
of spec homes to to-be-built buydowns and other financial incentives will remain a compet-
homes while also doubling down itive advantage for builders.
on sales training. “Home buyer demand is met with limited inventory in the mar-
“I think training and the funda- ket due to the chronic shortage of existing-home listings, as current
mentals of training are important homeowners are wary of leaving their below-market mortgages,”
to your success. We [also] make Lord says. “Given the tight resale conditions, while the quality and
sure that our teams have all the location of the home are always critical to a home buying decision,
tools to sell successfully, from digi- today the quick move-in timelines and affordability of a home from
tal tools that customers shop for on a monthly payment perspective are equally as important.”
our website to design tools to mort- Consumers are responding to lower rates with a more posi-
gage financing tools,” he adds. tive outlook for home buying conditions, but they still have
largely pessimistic views toward the housing market. According
to Fannie Mae’s most recent December Home Purchase Senti-
Tri Pointe Homes
36 B U I L D E R ⚫ Q 1 2 0 24
ST R AT EGI ES
SPRING SELL I NG
GET UNCOMFORTABLE
“Be comfortable asking uncom-
fortable questions. This revolves
around asking the buyer about
their finances. The salesperson
or team who can answer their
questions and show the buyer they
are the expert will win more sales
than those who cannot.” —Riley
would either decrease or remain the same over the next 12
months, a more optimistic outlook than shared with Fannie
Mae in recent months. FEAR NO MORE
“Home buying sentiment continues to hover at historic lows.
Buyers are receiving negative input from friends, from co-workers, “Reduce or eliminate fear … of
from Uncle Ernie who purchased in 2007 and sold in 2011 at a the salesperson. Buyers carry a
huge loss, even from Realtors,” says Jeff Shore, founder and presi- great many fears in the purchase
dent of Shore Consulting. process (fear of the market, of
Rates, high prices, and general affordability concerns contin- missing out, of making a bad
ue to drive consumer hesitation toward the housing market. Bauer decision, etc.). Fear of salespeo-
says that while mortgage rates don’t “establish demand,” they ple stems from past experienc-
impact pricing, payment, and psyche. es, stories, myths, and media
“Buying a house is such a psychological event. You’ve got to portrayals. Sales professionals
have the right psyche, and interest rates can play with that psy- will need to double down on their
che,” says Bauer. people skills in order to earn the
Shore says the onus is on sales professionals to re-instill con- trust of an increasingly skeptical
fidence in buyers, communicating why purchasing in the current buyer.” —Jeff Shore, founder and
market is a good idea. While mortgage rates may come down president, Shore Consulting
further in 2024, the lack of supply and expected increase in de-
mand could push prices higher, negatively contributing to afford-
ability, already a chief concern for a majority of buyers.
Be comfortable
Land and access to capital is also a concern for builders head-
ing into the spring selling season. Dietz says the NAHB still is
seeing lingering issues related to land developer loans and lot
availability, while Bauer says difficulties in the capital markets asking
benefit public builders at the expense of smaller private builders.
Barton notes land prices are a concern for CBH Homes, having uncomfortable
increased recently in the builder’s home markets in Idaho due to
the rise of national builders in the state.
questions.
Bauer and McMahon also note headlines from geopolitical
B U I L D E R O N L I N E .C O M Q 1 2 0 24 B U I L D E R 37
STR AT EGIES
SPRI NG SELL I NG
38 B U I L D E R Q 1 2 0 24 B U I L D E R O N L I N E .C O M
WHEN HIGH
PERFORMANCE IS
B U I L D E R O N L I N E .C O M
Featuring Trex Signature decking in Ocracoke and Signature Aluminum Railing with Stainless Steel Mesh Infill.
The 2024 Virtual Concept Home
by Livabl, is an innovative collaboration
from leading industry minds.
“Typically, a ‘concept’ home includes options that Thank you to our sponsors
are not realistic for the general homeowner. Not yet
available, or not affordable.” said John Marchionda,
Title Sponsor
Vice President of Marketing and Customer Experience
for JELD-WEN® Windows & Doors, the title sponsor of
the Virtual Concept Home.
JELD-WEN® Windows & Doors, the title sponsor for the 2024 Virtual
Concept Home by Livabl, has seen first-hand how the building industry
has shifted to meet the needs of homeowners in the last few years.
— By Erin Nicks
Why did JELD-WEN want to be involved with the Virtual What are some of the products that JELD-WEN will be
Concept Home by Livabl? Sustainability and energy efficiency are contributing to the Virtual Concept Home? We will be providing
priority areas for us as we evolve our windows and doors, and we know the interior doors, entry doors, patio doors, and all the windows throughout
homeowners and builders are paying attention to these areas when it comes the home. The windows are our Auraline True Composite windows, which
to choosing products. we recently launched. The composite material is made from recycled
wood fiber. It’s more durable than vinyl. And the finished windows look like
Typically, a “concept” home includes options that are not realistic for the contemporary wood windows. They’re also energy efficient. Auraline’s a
general homeowner. Not yet available, or not affordable. Making this year’s fantastic product for us.
concept home virtual allows builders and manufacturers like us to develop a
range of solutions to meet the needs of a broad assortment of homeowners. We included three of our LaCantina multi slide patio door systems. They
We get to ideate and, thanks to the technology, try different options while literally bring indoor and outdoor living spaces together into one completely
still in development phase. open space. Then, on the interior, we have a few designs from our MODA®
Collection of interior doors.
Can you tell us a bit about your early involvement with the
project? JELD-WEN was one of the first manufacturers to jump on board At the entry of the home, we selected a unique design from our IWP®
with the Virtual Concept Home. We went out to California for the initial Aurora® fiberglass door line finished with our black metallic Foundry™
kickoff meeting to understand consumer trends, consumer behaviors, what finish to look like a steel door. So, it looks like metal, but it won’t absorb
“home” means to today’s buyers, and the fact that a lot of people are working temperature changes the way metal does.
from home now. For me, a key theme that came out of this workshop was the
functionality and flexibility of the living space. Where is JELD-WEN headed in the future? We will continue to
be an active participant and an innovator in the building products industry,
So, we were able to think through the needs of the homeowner, to place providing windows and doors that are anchored in energy efficiency and
our products where they would have the most impact and deliver the most sustainability.
benefit within the virtual home.
— By Erin Nicks
Please tell us a bit about PERC and why it’s important to we build the home, if you were to build this house, you would see propane
today’s homeowners. PERC is a government checkoff program that was used in the home. Secondarily, depending on states, codes and building
created by congress with the intent of handling research, development, desires, we would see the likelihood of a tankless water heater in the home
safety, education, and training. The Concept Home would be part of our because of the space savings, the cost of construction savings, and the
consumer education. endless hot water for the consumer once they move into the house.
How has the use of propane changed over the years for How do non-profits like PERC feel about projects such as the
homeowners? Traditionally, it was hard. In the early days, it was rural and Virtual Concept Home? This is the first one, and so it’s a new era for us.
only really tied to agriculture and larger family homes that were away from This gives us the flexibility to show this home in different parts of the country
the city center. Currently, we see a lot of opportunity to expand as the cost and different climate zones. When we’re building a site-built home, it’s only
of natural gas has increased, and as the availability of buildable lots in that done one time. We get to tell that story once, in one location. We think that
natural gas footprint have decreased. A lot of more traditional neighborhoods the concept home and the virtual aspect of this really gives us an opportunity
with subdivision developments now go in with a full propane system. to tell our story more efficiently.
Why did PERC want to get involved with a project like the Where is propane headed in the future, particularly regarding
Livabl Concept Home? We really want to educate about the efficiency sustainability? We think we’ll continue to see an increase of users of
of what we call a dual fuel home. That’s a home powered by electricity and propane as we see more homebuyers that have left the urban environment,
propane. You have electricity, or even on-site solar to provide the power even in this period of higher interest rates and a little bit of a slowdown in the
for the LED lighting and ventilation, and maybe even the heat pump on the housing market.
primary side. But then when you need additional energy-dense solutions,
like water heating, or backup to the heat pump when it’s colder and the The markets that people have been attracted to post-COVID are remaining
efficiencies fall off, then you can combine that with high-efficiency propane. as the hot markets and so we continue to see propane being used in new
construction. We also see the evolution in the remodel space, as the people
How will propane be used in the Virtual Concept Home? that don‘t have to move are deciding to spend a little more on their existing
So much of this concept home is geared around that outdoor living space, house, that transition to the highest efficiency tankless water heaters and
the fireplaces, and the patio. Those are the places that regardless of where condensing furnaces. Those products really strengthen our position.
TREX is a founding sponsor for the 2024 Virtual Concept Home by Livabl.
We spoke to Leslie Adkins, the vice president of marketing for TREX, about the
company’s involvement with the project.
— By Erin Nicks
Please tell us a little about TREX and what makes it an Then there’s also the railings. We’re offering signature railing on the top,
excellent choice for homeowners. TREX is the company that created which is our aluminum railing, and that‘s much more on trend with design,
composite decking. TREX is made from 95% recycled or reclaimed products. rather than big chunky posts and big chunky balusters and rail. This is like
It’s not new for us; we’re not just getting on the green bandwagon. We are thinner aluminum rails with more sightlines.
one of the largest plastic film recyclers in North America. We do our part.
We‘re offering two different approaches on the infield, which is what goes
Today, TREX is far more than just decking. We have decking, railing, and between two posts. First, we‘re offering our broad rail, our cable rail solution.
outdoor lighting — we have anything happening in your backyard for The cable rail has a cool look, but all of the maintenance can be challenging
outdoor living. over time because it starts sagging, and you have to tighten it up again.
Are there other ways TREX has changed over the years? It has We came out with a product we call rod rail, and it‘s horizontal aluminum
become more realistic, and many more colors are now available. We have that mimics the look of cable rail, but it’s much more durable.
furniture and spiral staircases. So, we’re trying to think about anything a
homeowner needs or wants within their outdoor living space. Filling in that We’re also offering some glass panels, so it’s aluminum posts with glass
lifestyle and making it eco-friendly and low maintenance. panels in between to open up your sight line because nowadays people are
so focused on the outdoors and creating these outdoor spaces that live like
Which products does TREX include in the Virtual Concept rooms. We feel it‘s important to be able to see. If you‘ve got a great view, you
Home and why? We are highlighting our Transcend Lineage decking, one want to be able to see through your railing.
of our newest introductions. Transcend was always our benchmark line, but
the Lineage program has many more on-trend design colors and a much What does the future hold for TREX and its continued interest
more refined aesthetic. It looks much more realistic than we were making in sustainable products? We’ll soon be launching on a regional basis
five years ago. to some select markets what we think is possibly the next iteration of wood
composite decking.
We never think of aesthetics without considering performance. For example,
this board is a result of climate change. Summers are hotter than ever, and And it’s again thriving both for that aesthetic and performance. So, we’ll be
more people are creating outdoor spaces. We hear a lot about how hot pushing that envelope of how realistic we can get the look and feel because
decking can get; this board has heat mitigation technology. So, if you put it everyone craves the look and feel of wood.
next to our regular Transcend board, it will be cooler.
— By Erin Nicks
What does Schneider Electric provide to homeowners, and Which products is Schneider Electric including in the Virtual
what makes it unique? Schneider Electric is the worldwide leader Concept Home and why? Our smart panel that allows you to use
in electrical distribution and control. Historically, what we are and will electricity safely and to see when and where you’re using that energy. You
continue to be, is the base fundamental safe use of electricity, whether it’s can also see abnormal uses of that energy. We also have smart devices.
residentially, commercially, or industrially. Approximately 80% of all the For example, certain things like your HVAC unit and water heater make
electrons in the United States flow through a piece of Schneider equipment. perfect sense to control and monitor the panel because the breaker is only
So, that’s paramount. As we evolve, it’s about getting to the next level and connected to that one thing. Other products with other circuits have multiple
continuing to help you use it safely and more efficiently. items plugged into them.
As the energy platform becomes more complex, people are moving away So now we can take the monitoring control down to the plug level so you
from having an electric utility to having solar, batteries, or a generator. Then can see what‘s happening. But also, we have our complete Schneider Home
the complexity of that demand requires further safety and increased digital Solution, which now includes the inverter, the battery, and the EV charger, so
capability to be easily managed. In short, what Schneider is doing in every that the entire ecosystem will be one platform.
segment is helping the customer use that energy more efficiently to be more
sustainable and resilient. And now that’s coming to the residential space. How does Schneider Electric benefit from projects like the
Concept Home? Projects like these bring forward the digital part of the
Why did Schneider Electric want to participate in the Concept solution. We always get hung up on the physical aspects of a product. This
Home? Historically in the residential space, we’re that gray box in the is going to force more of that digital element. It’s become a revelation for
garage that everyone walks by and never really thinks about. So, the folks to say, “This makes perfect sense. I‘ve had this in my car forever. Why
challenge is to say, “This is now a connected ecosystem of the home and don‘t I have it in my house?” You get in a car, and your dashboard shows you
needs to be viewed digitally.” everything happening. The vehicle reaches to tell you what‘s happening in
the car. Why don‘t you have that for your house? This is going to bring that
The Concept Home is the perfect format for us to help consumers make that forward. Finally, there’s the breadth of people that a project like this can
transition in their minds to say, “Hey, my electrical distribution system, fuse reach remotely. So, it really is a great opportunity for us.
box, circuit breaker box, and my outlets and switches are part of a digital
electrical distribution control solution for my home that I need to interact with
and automate.”
GUIDE
24
PRODUCT
Building product
manufacturers
continue to
raise the bar
to provide
flexibility,
efficiency, and
modern features
SYSTEMS
for everyday page 60
living. This guide
showcases 29 INTERIORS
compiled page 62
by products across
BUILDER
Illustrations by Paulina Sara Design/Creative Market
five categories
STAFF KITCHENS & BATHS
that you can page 48
find at the
International WINDOWS & DOORS
page 51
Builders’ Show
Feb. 27-29 in EXTERIORS & STRUCTURAL MORE ONLINE
Las Vegas. page 56 builderonline.com
B U I L D E R O N L I N E .C O M Q 1 2 0 24 B U I L D E R 47
KITCHENS & BATHS
EXPERT ADVICE
The kitchen is a hub for functionality
but also creativity. To find out about
this year’s kitchen trends, BUILDER
asked Pamela McNally, senior vice
president of marketing and digital
at the National Kitchen & Bath
Association (NKBA), for her thoughts.
48 B U I L D E R Q 1 2 0 24
WHAT WEÕRE SEEING: Flexible, efficient, and minimalist
TOTO QUICKDRAIN
totousa.com lrbrands.com
FORZA
forzacucina.com
SAMSUNG MOEN
samsung.com moen.com
JOHNSON HARDWARE
johnsonhardware.com
windows, is beginning to
can be integrated to a home’s
wane in popularity, while network via Wi-Fi or LAN ca-
geometric scenarios, ble. The product’s configurable
Wiegand output interface
including hexagons, are allows the A1122 to be inte-
making “a major comeback.” grated with existing access
control or alarm systems.
SIMPSON DOOR
simpsondoor.com
The Pivot Door System from
PGT INNOVATIONS Simpson Door is available in
pgtinnovations.com extra-large sizes, which can
be custom-made to span up
The WINDOOR Envista to 10 feet tall and up to 5 feet
Seamless Glazed Window wide. The company’s latest
System is available in heights offering allows for the look and
up to 10 feet tall or 40 square functionality of an oversized
feet. The window wall product, door on a pivot hinge. Doors
available in transparent, white, come complete with weather-
or black color options, features stripping on all sides, including
transparent and flexible triple- an integrated drop seal at the
laminated impact protection bottom. No special subfloor or
for safety and performance jobsite prep is needed at instal-
as well as aesthetic benefits. lation, according to Simpson.
Community Business
Marketing Planning
Schedule a
Demo Today
EXTERIORS & STRUCTURAL WHAT WEÕRE SEEING:
Weather resistance and easier installation
JAMES HARDIE
jameshardie.com
MOISTURESHIELD
moistureshield.com
MoistureShield’s InstaDeck is
a flooring system comprised
of heavy-duty plastic tiles
that snap together to create a
foundation for a freestanding,
ground-level deck. An alter-
native to pavers or traditional
decks, InstaDeck is compatible
with MoistureShield’s Vision,
Meridian, Elevate, and Vantage
composite decking and can be
assembled on any flat surface
with minimal tools. The sys-
tem can create a deck of any
size or shape and requires no
screws to attach deck boards.
floor plans
3D renderings
materials lists
walkthrough animations
elevations
cross sections
wall, roof, floor framing diagrams
site plans
round-trip AutoCAD® files
export, import, convert AutoCAD® files
links to QuickBooks®
export directly to SketchUp®
export directly to Lumion®
energy calculations via REScheck™
3D views on iPhone®, iPad®, Android™
SoftPlan web3d model viewer
58 B U I L D E R Q 1 2 0 24 2024 PRO
RODUCT
UC GUIDE
GU B U I L D E R O N L I N E .C O M
Upon Closer Inspection Excellence Stands Out
Sight To See
Lightweight Galvalume® Damper
Powder Coated
Made in
the USA
BROAN-NUTONE
broan-nutone.com
LEGRAND
legrand.us
Legrand announced its first electric vehicle (EV) charger for resi-
dential applications. The Plug-In Home Level 2 EV Charger charges
from 0% to 100% in eight to 10 hours and provides up to a 38-
mile range per hour of charging. The unit simply plugs in—indoors
or out—for easy charging and comes preassembled with an 18-
foot charging cable, a flexible cord whip, and a NEMA 1450 plug.
LEVITON RHEEM
leviton.com rheem.com
Made in
the USA
EMTEK
emtek.com
DALTILE
daltile.com
In addition to providing a
travertine stone visual that
aligns with a contemporary
design focus, Daltile’s
Calligo tile is also infused
with DEFEND powered by
Microban, which continuously
eliminates 99% of bacteria on
the tile surface. It’s available
in a glazed ceramic fluted wall
tile, a porcelain floor tile, a
glazed ceramic mosaic, and
a jolly and is appropriate for
floor, wall, countertop, and
shower floor applications.
EXPERT ADVICE
Several home décor styles are going
viral on social media, reaching Gen Z
and millennial audiences. The Taylor
Morrison design team anticipates
the following five aesthetics resonat-
ing with next-gen buyers.
Dark Academia embraces the AHF Products has introduced Bruce Comfortstone Engineered
Stone Tile, featuring the look of natural stone and ceramic. Created
essence of traditional academia with
with a durable composite material made primarily of crushed lime-
a Gothic twist. It features a rich and stone, it is an innovative alternative to natural stone. Waterproof, it
moody color palette, incorporating is ideal for kitchens, bathrooms, basements, and laundry rooms.
Q 1 2 0 24 B U I L D E R 63
PARTING PLAN
Fresh for
Spring
Here’s a farmhouse layout with
impressive storage and flexibility.
b y AU ROR A Z E L E D O N
S
pring means new beginnings and often a
renewed commitment to organization. What if
you could capture that feeling in a house plan?
This 1,965-square-foot design presents a relaxed,
open layout that makes it easy to stay tidy.
Start with the utility zone near the garage. A sep-
arate side entrance makes it a snap to head in or out
from a brisk walk without trekking dirt through the
rest of the home. Nearby, the walk-in pantry keeps
groceries organized within reach of the kitchen is-
land. More storage abounds throughout the home.
Adaptability matters too. Note how the study/
fourth bedroom features two entrances, one from the
foyer and the other from the hallway near the other
bedrooms, to allow for the different needs of working
from home versus hosting guests. The one-story lay-
out also makes this floor plan a smart choice for buy-
ers who may want to age in place later.
E x plore sing le -stor y home de sig ns at
houseplans.com/collection/one-story-house-plans. B
PLAN #120-280
square dimensions
footage 59’ 8” X 71’ 5”
1,965
bedrooms
various plan options
4
available, starting at
bathrooms $1,095 for pdf
2½
64 B U I L D E R Q 1 2 0 24 B U I L D E R O N L I N E .C O M
ADVERTISEMENT
BUILDER INTEL
“How does cash flow look this month?” Answering that question
is an ongoing challenge for many small, mid-sized, and custom
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Making sure employee spending, invoices, change orders,
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Adding to that complexity is the tightest credit environment
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