Lumber Prices Are on a Steady Decline Retail prices have been dropping probably since lumber peaked in March, it’s been slowly dropping ever since then; it takes a little time to go from the wholesale level to the retail level… Read More Discover Weyburn https://discoverweyburn.com/articles/lumber-prices-are-on-a-steady-decline
Read MoreMonth: July 2022
Treasury Will Help Multifamily Builders Boost Production Through LIHTC
Treasury Will Help Multifamily Builders Boost Production Through LIHTC The Treasury plan allows state housing agencies to use State and Local Fiscal Recovery Funds (SLFRF) to provide financing for Low-Income Housing Tax Credit (LIHTC) projects. Read More NAHB https://www.nahb.org/blog/2022/07/treasury-lihtc
Read More7/29/2022 – MetroIntelligence Economic Update by P. DUFFY
MetroIntelligence Economic Update by P. DUFFY 2Q2022 GDP declines 0.9 percent in initial estimate Real gross domestic product (GDP) decreased at an annual rate of 0.9 percent in the second quarter of 2022 according to the “advance” estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP decreased 1.6 percent. The decrease in real GDP reflected decreases in private inventory investment, residential fixed investment, federal government spending, state and local government spending, and nonresidential fixed investment that were partly offset by increases in exports and personal…
Read MoreLessons in Modern Farmhouse Style
Lessons in Modern Farmhouse Style Farmhouse kitchens, those that lean towards modern farmhouse style, are amongst the most popular of American kitchen styles, and it’s obvious why: they are smart and so easy to live with. Read More Homes and Gardens https://www.homesandgardens.com/interior-design/lessons-in-modern-farmhouse-kitchen-style
Read MoreNew Homes, Community Park in North Hanford
New Homes, Community Park in North Hanford Homes are priced in the $450,000 to $500,000 range for house sizes ranging from approximately 1,500 square feet to almost 2,300 square feet according to the price sheets available at the model homes on site. Read More The Hanford Sentinel https://hanfordsentinel.com/news/local/new-homes-community-park-going-up-in-north-hanford/article_7d6660f4-9a66-508d-b7b2-2a61e1dd25e6.html
Read MoreNew Home Sales Plunge in June on Rising Affordability Woes
New Home Sales Plunge in June on Rising Affordability Woes New home sales in June fell to the lowest level since April 2020, reflecting declining builder sentiment as construction bottlenecks continue to slow new home building and raise housing costs. Read More NAHB https://www.nahb.org/news-and-economics/press-releases/2022/07/new-home-sales-plunge-in-june-on-rising-affordability-woes
Read More7/28/2022 – MetroIntelligence Economic Update by P. DUFFY
MetroIntelligence Economic Update by P. DUFFY New home sales fall 8.1 percent in June and 17.4 percent year-on-year New home sales of single-family homes fell 8.1% in June and 17.4% year-on-year to an annual rate of 590,000, the lowest since April 2020. Months of supply rose to 9.3 months in June vs. 8.4 in May and 5.8 months in June of 2021. The median sales price fell to $402,400 in June, the lowest since June 2021. The average sales price fell to $456,800, also the lowest since June 2021. https://www.census.gov/construction/nrs/pdf/newressales.pdf…
Read MoreCompletion Of Affordable Housing Development in Rochester
Completion Of Affordable Housing Development in Rochester 270 on East Creates 112 Homes, Including 55 with Support Services for Veterans and Seniors Read More Homes and Community Renewal https://hcr.ny.gov/news/governor-hochul-announces-completion-31-million-affordable-housing-development-rochesters
Read MoreBiden-Harris Administration Launches $225 Million Program to Lower Utility Bills Through More Efficient Building Codes
Biden-Harris Administration Launches $225 Million Program to Lower Utility Bills Through More Efficient Building Codes Bipartisan Infrastructure Law funds state and local implementation of latest building energy codes to generate as much as $138 billion in savings for homes and businesses Read More Department of Energy https://www.energy.gov/articles/biden-harris-administration-launches-225-million-program-lower-utility-bills-through-more
Read MoreKB Home Becomes First National Homebuilder to Commit to EPA’s Highest Water-efficiency Standards in Drought-stricken Arizona, California and Nevada
KB Home Becomes First National Homebuilder to Commit to EPA’s Highest Water-efficiency Standards in Drought-stricken Arizona, California and Nevada Homebuilder’s commitment to building EPA WaterSense labeled homes further expands the company’s industry-leading sustainability practices. Read More KB Home https://news.kbhome.com/press-releases/news-details/2022/KB-Home-Becomes-First-National-Homebuilder-to-Commit-to-EPAs-Highest-Water-efficiency-Standards-in-Drought-stricken-Arizona-California-and-Nevada/default.aspx
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