Construction Contracts: Everything You Need To Know Emily Peiffer - November 2, 2016 CMG's Passive House Mixes Energy Efficiency With Stunning Architecture Tim Murphy - October 27, 2016 Several years ago, Salvatore Zarrella was reading a trade magazine when he came across a story entitled "Green Without Gizmos." The article described Passive House, an exacting standard for building energy-efficient homes that had begun in earnest in Germany in the 1990s. "It was transformative for me," said Zarrella, a Stamford native and home builder who founded the New Canaan-based Construction Management Group (CMG) in 2005. "Passive House is the most responsible standard by which a house can be built, and yet myself and other builders weren't familiar with it." Read More Contracts are crucial components of the construction process, but they can be among the most complicated and controversial aspects as well. As the industry shifts to increasingly collaborative project delivery methods and adopts new materials and technologies, construction professionals need to stay up to date on the how the legal landscape is evolving - or not - to ensure their work is verified and protected. Our monthly series, The Dotted Line, provides an in-depth look at the evolving world of construction contracts and project delivery. Read More Here's How Millenials are Shaping the Housing Market Kerry Close - October 18, 2016 If you think millennials aren't buying houses, think again: Half of home buyers haven't even reached age 40 yet, a new report finds. The latest study on consumer housing trends from Zillow finds that about half of home buyers are under the age of 36. The market is also comprised heavily of first-time buyers: 47% of those buying and 63% of those selling a home are doing so for the first time. On average, first-time buyers spend $200,000 on their home -18% less than repeat home buyers, who spend about $235,000. Millennials are also buying homes that are only slightly smaller, at 1,800 square feet, than those purchased by GenXers and Baby Boomers, whose homes are on average 2,000 square feet. Read More 22 | HBRA of Fairfield County | November 2016
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