January 18, 2021 - Residential Contractor

How Biden May Impact Mortgage Rates

How Biden May Impact Mortgage Rates The 30-year mortgage rate went up o 2.79% on January 14, and experts say if Biden implements a larger stimulus bill it is likely to increase mortgage rates to around 3%… Read More Mortgage Reports https://themortgagereports.com/73353/why-are-mortgage-rates-going-up-biden-covid-vaccines

California’s Housing Market Soars In 2020 Despite Pandemic Hurdles

California’s Housing Market Soars In 2020 Despite Pandemic Hurdles According to The California Association of Realtors’ latest report, the state’s housing market has been resilient with solid sales and a fifth record-high median price… Read More National Mortgage Professional https://nationalmortgageprofessional.com/news/76279/californias-housing-market-soars-2020-despite-pandemic-hurdles

1/19: MetroIntelligence Economic Update by P. DUFFY

MetroIntelligence Economic Update by P. DUFFY Retail sales down 0.7 percent in December, but up 2.9 percent year-on-year Retail and food service sales fell for the third straight month in December, down 0.7% from November, but still up 2.9% year-on-year. For all of 2020, overall sales squeaked up 0.6%. https://www.census.gov/retail/marts/www/marts_current.pdf Inflation tracker Producer Price Index rose 0.8 percent in 2020 versus 1.4 percent in 2019 The Producer Price Index for final demand increased 0.3 percent in December, seasonally adjusted. On an unadjusted basis, the final demand index moved up…

Top Interior Design Tips To Help Create a Beautiful Home

Top Interior Design Tips To Help Create a Beautiful Home Features such as smart technology can help allow for each and comfort in the home… Read More Builder and Developer Magazine https://www.we-heart.com/2021/01/18/top-interior-design-secrets/

Capstone Communities Cottage-Style Low Density Single Family Rental Development

Capstone Communities Cottage-Style Low Density Single Family Rental Development A new 282-unit project will begin in Nexton, a walkable community in South Carolina, and is set to be completed in 2022… Read More Multifamily Biz https://www.multifamilybiz.com/pressreleases/12663/capstone_communities_announces_282unit_cottagestyl…

New Affordable Housing Project Moving Forward

New Affordable Housing Project Moving Forward Indiana-based The Annex Group will be developed an affordable housing community in west Indianapolis that will open in late 2021… Read More Inside Indiana Business https://www.insideindianabusiness.com/story/43162793/new-affordable-housing-project-moving-forward