What Biden’s Plan To Combat Housing Prices Needs

What Biden’s Plan To Combat Housing Prices Needs New poll by Vox and Data for Progress finds that a majority of likely voters say they support federal intervention to bolster affordable housing, including tackling bans on multi-family properties in cities and withholding federal funds for cities who do not provide more affordable housing… Read More Vox https://www.vox.com/22373757/biden-housing-prices-transportation-plan-multi-family-housing-exclusionary-zoning

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Next Big Player In The Housing Market: Millennials

Next Big Player In The Housing Market: Millennials As the nation reopens and restrictions are lifted, the industry helped add over 100,000 jobs in March, bringing its overall pandemic job growth to 931,000 jobs added since April 2020… Read More Axios https://www.axios.com/millennials-homeownership-real-estate-a9173e9b-4993-4d24-bc1b-b6c56753d572.html

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The Housing Market Will Cool And Settle Into Long, Sustainable Boom, Says Jefferies

The Housing Market Will Cool And Settle Into Long, Sustainable Boom, Says Jefferies Analysts from the financial services company say that the market will settle into a sustainable boom, thanks in part to things like rising millennial demand for housing and home inflation cooling… Read More Business Insider https://www.businessinsider.com/housing-market-sustainable-boom-homebuyers-mortgage-rates-millennials-construction-jefferies-2021-4

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Bureau of Labor Statistics Reports Building Materials Prices Rose Across The Board in March

Bureau of Labor Statistics Reports Building Materials Prices Rose Across The Board in March The Producer Price Index (PPI) report found prices paid for goods used in home building rose 2.4% overall, following the trend of the year, which saw the price of materials increase by 9.8% over the past 12 months… Read More Eye On Housing https://eyeonhousing.org/2021/04/building-materials-prices-rise-across-the-board-in-march/

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4/13/21: EconUpdate by P. Duffy

EconUpdate by P. Duffy   Fed Chair Powell declares positive inflection point for economy on “60 Minutes” What does this mean?  The combination of federal stimulus and Fed action has set up the economy for robust job growth, assuming no sustained rebound of virus cases. In a TV interview on Sunday night on “60 Minutes,” Federal Reserve Chair Jerome Powell expressed a much more upbeat assessment of the US economy, saying it’s at an “inflection point” benefiting from vaccinations and fiscal and monetary support. The main risk to the outlook,…

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NAHB Reports 38 Point Increase in Remodeler Confidence

NAHB Reports 38 Point Increase in Remodeler Confidence According to the Remodeling Market Index (RMI) released by the NAHB, the RMI posted a reading of a 38 point increase to 86 from last year’s score during the same time period… Read More Eye On Housing https://eyeonhousing.org/2021/04/remodeler-confidence-up-strongly-year-over-year/

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Global Interior Design Services Market Predicted To Grow By $24.13B by 2025

Global Interior Design Services Market Predicted To Grow By $24.13B by 2025 Technavio found that the global interior design market will see massive incremental growth over the next four years, with 2021 seeing a 3.30% growth… Read More Cision PR Newswire https://www.prnewswire.com/news-releases/-24-13-billion-growth-expected-in-the-global-interior-design-services-market-2021-2025-by-end-user-and-geography—technaviocom-301265510.html

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Home Design For A Post-Pandemic World

Home Design For A Post-Pandemic World The pandemic affected every facet of life, including home design, with things like multipurpose rooms and outdoor amenities, becoming trends for home buyers and owners… Read More WRAL https://www.wral.com/the-house-that-quarantine-built-post-pandemic-home-design-trends/19621460/

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