Day: July 6, 2022

Biden Administration Announces $2.3 Billion for States and Tribes to Strengthen and Modernize America’s Power Grid President Biden’s Bipartisan Infrastructure Law provides historic investments to build state and tribal electricity grids resilient to climate change, deploy cheaper and cleaner energy Read More U.S. Department of Energy https://www.energy.gov/articles/biden-administration-announces-23-billion-states-and-tribes-strengthen-and-modernize

Read More

Over $3.6 Million in Infrastructure Improvements Coming to Gerald R. Ford International Airport The funding will go toward expanding the airport’s snow removal equipment building, as well as reconstructing existing airport service roads, runway lighting systems, and the aircraft rescue and firefighting building. Read More WHTC https://whtc.com/2022/07/01/over-3-6-million-in-infrastructure-improvements-coming-to-gerald-r-ford-international-airport/

Read More

Home Sellers Are Slashing Prices in Sudden Halt to Pandemic Boom The rapid rise in mortgage rates is cooling demand, jolting markets from coast to coast. Read More Bloomberg https://www.bloomberg.com/news/articles/2022-07-01/will-home-prices-fall-sudden-housing-turn-has-sellers-paring-expectations

Read More

Coming Baby Boomer Mortality Rates to Have Minimal Impact on U.S. Housing Supply, Prices More than four million existing-homes for sale annually over the next decade will come from the aging and mortality of older homeowners, but sustained homebuyer demand from population… Read More World Property Journal https://www.worldpropertyjournal.com/real-estate-news/united-states/chicago-real-estate-news/real-estate-news-baby-boomer-home-sales-trends-mortgage-bankers-association-research-institute-for-housing-america-who-will-buy-the-baby-boomers-homes-13189.php

Read More

U.S. Housing Hold-Ups Put Thousands of Jobs on the Line As many Americans put off buying a home, mortgage lenders, refinancing companies and real-estate brokers are to lay off thousands of employees in the coming months. Read More Reuters https://www.reuters.com/markets/us/us-housing-hold-ups-put-thousands-jobs-line-2022-07-01/

Read More

MetroIntelligence Economic Update by P. DUFFY May job openings fall 3.9 percent, but still over two open positions per unemployed person The number of job openings decreased 3.9 percent to 11.3 million on the last business day of May. Hires and total separations were little changed at 6.5 million and 6.0 million, respectively. Within separations, quits (4.3 million) and layoffs and discharges (1.4 million) were little changed.  With 5.9 million officially unemployed persons, that leaves 2.12 open jobs per person, or an overhang of 5.3 million jobs. https://www.bls.gov/news.release/jolts.nr0.htm   Purchase…

Read More

Swapping Millennial Minimalism With Maximalism While minimalist interior design aesthetics reigned supreme before the pandemic, being forced to stay at home prompted us to reconsider our obsession with spaces that were void of our daily routines. Read More Screenshot https://screenshot-media.com/the-future/trends/maximalism-new-minimalism/

Read More

Hochul Announces Completion of $13M Affordable Housing in Rochester A $13 million affordable housing development project was recently completed in Rochester’s El Camino neighborhood, Governor Kathy Hochul announced. Read More Rochester First https://www.rochesterfirst.com/community/hochul-announces-completion-of-13m-affordable-housing-in-rochester/

Read More

Multigenerational Community in Shoreline Gives Seniors an Enriched Living Experience CRISTA Senior Living offers various lifestyle options for seniors on its 55-acre Cristwood campus. Sponsored by CRISTA Senior Living. Read More King 5 https://www.king5.com/article/sponsor-story/crista-senior-living/281-1c905a83-b3be-4e03-bb9d-07df67f10d92

Read More