Consumer E-Newsletter - 09/29/2006 (Plain Text Version)View Graphical Version | Subscribe
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Editor... In this issue: Did You Know?Housing accounts for 16 percent of the GDP in the United States 97 percent of first-time home buyers would never go back to renting In the first year after buying a newly built home, the owners will spend an average of $8,900 to furnish, decorate, and improve it all.
The construction of 1,000 single family homes generates 2,448 jobs and $79.4 million in wages The construction of 1,000 multifamily homes—condominiums, apartments and town homes—generates 1,030 jobs and $33.5 million in wages New American homes are larger than ever, at an average of 2,434 square feet
The most searched real estate market online is Las Vegas 39 percent of new homes were built with four or more bedrooms
20 percent of new American homes have three-car garages or larger Nearly 40 percent of all home sales in 2005 were for second homes Source: National Association of Home Builders, National Association of Realtors, United States Census Bureau, Yahoo! Pulse, and Wells Fargo Home Mortgage. For more information or to contact us directly, please visit www.NAHB.org | ©2003, National Association of Home Builders |