Homeowners Spending Big on Renovations in 2016

Many homeowners are feeling more confident about taking on home remodeling and maintenance projects.

Many homeowners are feeling more confident about taking on home remodeling and maintenance projects.As the housing market continues to improve, many homeowners are feeling more confident about taking on home remodeling and maintenance projects this year. According to its third annual Harris Poll1 survey, LightStream, the national online lending division of SunTrust Bank, found 62 percent of homeowners plan to spend money on home improvement projects, an increase of 9 percent over 2015.

Budgets also have increased from years past. Forty percent of homeowners plan to spend $5,000 or more (up from 36 percent in 2015) and 22 percent plan on spending $10,000 or more (up from 18 percent last year). Overall, projects will average $6,239, compared to $5,037 last year. Moreover, the Leading Indicator of Remodeling Activity (LIRA) released by the Remodeling Futures Program at the Joint Center for Housing Studies (JCHS) of Harvard University2 anticipates annual spending growth for home improvements will accelerate from 4.3 percent in the first quarter of 2016 to 7.6 percent in the third quarter – shattering record numbers set in 2006.

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Heritage Sands Captures Cape Cod Community's Fabric

CapeBuilt Development LLC is bringing back the affordable beachfront cottage to the shores of Cape Cod.

CapeBuilt Development LLC is bringing back the affordable beachfront cottage to the shores of Cape Cod.In 2010, CapeBuilt Development LLC began the planning to take on a historic task – bringing back the affordable beachfront cottage to the shores of Cape Cod. The opportunity arose through CapeBuilt’s partnership with the owners of an 8-acre waterfront campground/RV park that was founded close to 80 years prior. The campground had been universally loved by generations of families who vacationed there, but was being forced to consider redevelopment scenarios in order to comply with modern wastewater and environmental regulations. CapeBuilt’s proposal was to create Heritage Sands as a modern-day “cottage colony” of 63 homes on prime waterfront land that the preceding decades of development would have slated for trophy homes or a boutique resort.

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Using Glass Windows in Architecture

Liquid crystal windows offer an innovative solution to the lack of energy efficiency and protection of traditional glass.

Transparency and light are the core topics of modern architecture. The big challenge lies in combining the aesthetic possibilities of glass with vital sun protection and energy efficiency. Liquid crystal windows offer an innovative solution. With this new technology, the amount of daylight streaming in can be controlled at the touch of a button. The innovative pane allows people to still see through the glass, even when it is darkened.

Switchable glass technology has not been able to catch on before now. Merck KGaA, Darmstadt, Germany, has spent many years researching and developing appropriate materials, marketed under the licrivisionTM brand. The result is liquid crystal windows, which open up completely new possibilities for designs with glass, especially large glass façades. For over 110 years, the company has worked with liquid crystals, and due to its extensive experience in this field, it is the world’s leading supplier for manufacturers of all types of displays. While the use of liquid crystals has been concentrated in applications such as flat-screen televisions and smartphones until now, the company has been doing research on windows with liquid crystals for several years.

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