Month: October 2022

Scranton Boasts Most Affordable Housing Market The Electric City was identified as the most affordable housing market in America this month Read More WFMZ https://www.wfmz.com/news/state/scranton-boasts-most-affordable-housing-market/article_d3bc5f32-0b82-52da-a722-9133b345bdd7.html

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MetroIntelligence Economic Update by P. DUFFY   Pending home sales fall 10.2 percent in September and 31.0 percent year-on-year Pending home sales dropped for the fourth straight month, down 10.2% from August and 31.0% year-on-year. The Northeast PHSI descended 16.2% from last month to 64.2, a decline of 30.1% from September 2021. The Midwest index retracted 8.8% to 80.7 in September, down 26.7% from one year ago. The South PHSI faded 8.1% to 97.0 in September, a drop of 30.0% from the prior year. The West index slipped by 11.7%…

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Subtle Color and Pattern Personalize a Neutral Living Room A designer adds interest with touches of pink and accent furniture in modern silhouettes. Read More Boston Globe https://www.bostonglobe.com/2022/10/28/magazine/home-design-subtle-color-pattern-personalize-neutral-living-room/

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Tri Pointe to Open Nine Neighborhoods in 2023 Tri Pointe Homes Las Vegas plans to open nine neighborhoods next year throughout the Las Vegas Valley in a range of price points and locations — and all featuring premium homes and townhomes. Read More Las Vegas Review Journal https://www.reviewjournal.com/homes/advertising-features/tri-pointe-to-open-nine-neighborhoods-in-2023-2665607/

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The Trend is Clear: Multifamily Construction on the Rise The number of housing units under construction rose to 1.7 million units for the first time ever. Data shows that there are more multifamily than single-family units under construction. Read More National Association of Realtors https://www.nar.realtor/blogs/economists-outlook/the-trend-is-clear-multifamily-construction-on-the-rise

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Rents in the U.S. Are Finally Set to Decline The number of apartment hunters in the U.S. has fallen significantly. That sent a chill through what has been a red-hot rental market as more U.S. renters moved out of apartments than moved in… Read More Quartz https://qz.com/rents-in-the-us-are-finally-set-to-decline-1849706381

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MetroIntelligence Economic Update by P. DUFFY 3Q2022 GDP rebounds to 2.6 percent in initial estimate Real gross domestic product (GDP) increased at an annual rate of 2.6 percent in the third quarter of 2022, according to the “advance” estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP decreased 0.6 percent. The GDP estimate released today is based on source data that are incomplete or subject to further revision by the source agency The “second” estimate for the third quarter, based on more complete data, will…

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Japandi Is Having a Moment Japandi–the blending of Japanese and Scandinavian design values–communicates an appreciation for unfettered artistry and the distilling of design elements to their essential functionality. Read More Camille Styles https://camillestyles.com/design/japandi-interior-design/

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Interior Design for the Soul There’s something that differentiates a room from a space; a bedroom, linguistically, shares traits with a dining room, laundry room and so on, and gives off the same essence as these rooms… Read More Daily Campus https://dailycampus.com/2022/10/25/interior-design-for-the-soul/

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Fill Your Home With Comforting Color Reimagining classic, familiar color tones allows you to achieve a design motif that is equal parts reminiscent and refreshing. Read More River Reporter https://riverreporter.com/stories/fill-your-home-with-comforting-color,65914

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