Boyd Custom Homes Inc

https://youtu.be/Af18P9DHDGA?si=k5i62UO7wWItAft7

Boyd Custom Homes | Custom Home Builder Fort Worth TX| Mansfield TX Testimonials about Boyd Custom Homes. We offer design and build on new custom luxury homes, preservation and renovations on historic homes, remodels, tear do...

We use Andersen Windows in all of our homes including the 100 series Fibrex, the 400 series wood windows, and the E series wood windows. Questions on windows? Call Michael or Steve

2021 Boyd Homes New and Custom Home Builders Mansfield TX. Boyd Custom Homes. Today's episode includes choosing quality materials like Andersen Windows. ...

https://ca.style.yahoo.com/swanky-fort-worth-street-makes-090000258.html

Swanky Fort Worth street makes list of most coveted addresses in America. Not a surprise You would expect to see this wealthy North Texas neighborhood on any list of aspirational communities.

This weeks Lumber Update:

The Lumber Composite was up $8/1000 last week. This marked the fourth week in a row where lumber has moved up. Each week’s increase has been slight but as you add them up, Lumber is showing some signs of strength.

The items that seem to be on the minds of buyers are continued high mortgage rates, high volatility in the stock market, the Canadian duties that take effect next week, and now, a potential rail strike on the horizon.

Western SPF was up $10/1000 while Southern Yellow Pine was only up $1/1000. Some if this lack of movement in SYP was attributed to Hurricane Debby. Most mills and buyers were not active due to the storm. It remains to be seen how much impact the storm will have on both the Lumber and Panel markets.

Panels saw a small increase as the overall Panel Composite was up $2/1000. However, OSB was down $6/1000. Most of the overall increase was seen on the SYP Plywood world. SYP Plywood jumped $18/1000 on the heals of low supply in ¾” and 5/8” rated sheathing.

We worked with these electricians for 20 plus years. I hope they are enjoying their retirement life.

If there was a Builders Olympics, we might bring home the Gold!

Luxury Home Prices Spike 9% to All-Time High
08:30:00 AM ET, 07/25/2024 - Business Wire
Redfin reports that luxury home prices grew more than twice as fast as non-luxury homes in the second quarter

SEATTLE--(BUSINESS WIRE)--Jul. 25, 2024--(NASDAQ: RDFN) — The typical U.S. luxury home sold for a record $1,180,000 in the second quarter, up 8.8% from a year earlier—the biggest increase in nearly two years. Non-luxury home prices grew at less than half that pace, rising 3.8% to a record high median of $342,500, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage.

Redfin defines luxury homes as those estimated to be in the top 5% of their respective metro area based on market value, and non-luxury homes as those estimated to be in the 35th-65th percentile based on market value.

We breathed new life into this historic home with some amazing renovation and constructed a garage that perfectly complements its classic charm.

We are thrilled seeing the installation of the large sheets of porcelain in the master shower and the tub accent wall.

Francisco is installing large sheets of porcelain tile in one of our homes today. He says he wants to be famous. I told him this is the best I could do so here's to giving him a start!

ARTICLES OF INTEREST THIS WEEK

HOME PRICES CLIMB 6.4%, MORTGAGE RATES LIKELY TO STAY HIGHER FOR LONGER
KRONOSPAN ANNOUNCES ACQUISITION OF WOODGRAIN'S PARTICLEBOARD FACILITY
PENDING HOME SALES SLUMPED 7.7% IN APRIL
USDA INVESTS $5 MILLION TO STRENGTHEN MONTANA WOOD PRODUCTS ECONOMY

Pro Builder Article

To ensure a quicker path to homeownership, Americans are moving to smaller, more affordable cities. But some cities are experiencing higher rates of growth than others. Citing the U.S. Census Bureau, recent insight from housing market platform Zillow shows many mid-size metros climbed the ranks as the fastest growing cities during the period from July 2022 to July 2023. This is likely due to their relatively low cost of living compared with larger metros such as Los Angeles and New York.

Additionally, cities that experienced spikes in population are located in states that had the most housing units added last year. Texas and Florida saw the largest increase in new housing during 2023, followed by states such as North Carolina and Georgia.

Cities with homes that are relatively more affordable continue to attract the most new residents — a trend that has been in full force since the start of the pandemic. Markets with more supply, whether from new construction or existing home sellers, generally offer a friendlier experience for buyers with more options, milder competition and more time to make an offer.

Wowza!!! Loving this fireplace

Melissa loves to relax on the patio of her new home. She has the pool, the remote controlled patio screens, and music and tv for entertainment! Who else is ready for a new home!!!

Love the way these stairs turned out!! Situated in the very front of the home, this design element shows well from the interior and the exterior of the home!!!

Albert is getting started on tile work on this project for us. This crew always does a fabulous job on the prep work plus the details and final finish always looks amazing.

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Frequently Asked Questions About the Economy and 2024 Housing Market Trends
(copied from Pro Builder magazine)
What is the Federal Reserve's rate forecast for 2024?
During the May 2024 Federal Open Market Committee (FOMC) meeting, the Federal Reserve unanimously voted to maintain policy rates at the current range of 5.25% to 5.5% for the sixth consecutive time.

What is the Federal Reserve's interest rate forecast for 2025?
According to the CME FedWatch tool—an online tool that uses futures pricing to predict rates and estimate the likelihood of the FOMC changing federal funds rates at upcoming meetings—by April 2025, there's an 80% probability that the Fed's rate will be 4% or higher.

Is the economy at risk of a recession?
The likelihood of the U.S. economy entering a recession within the next 12 months has now dropped to its lowest level in two years (33%), according to the latest quarterly economists’ poll from financial information website Bankrate.

2nd day of Framing. Good Morning Mansfield!

https://youtu.be/3r1wQm2Rjmc?si=m0RMsPELKufKQDqY

Women in Construction Week 2021 Today marks the beginning of Women in Construction (WIC) week, defined no better than by the National Association of Women in Construction as a week to highl...

Dallas Build Expo 2024. There is an abundance of Continued Education Classes and keynote speakers, plus lots of vendors and trade partners on site. This is a great opportunity to embrace a continuous learning mindset for you and your team, allowing individuals to acquire new skills, stay relevant , and enhance their problem-solving abilities.

These builders typically have more expertise and passion for what they do!!!

These bathroom floors are going to look amazing!!! Stay tuned for more

This bathroom floor is going to look amazing!

We always clean the floors, prime the floors, float the floors before installing tile.