Month: November 2022

Garbett Homes Constructs Passive House in Luxurious Park City Community Earning a HERS (Home Energy Rating) score of 34, this Eclipse community Passive House is one of the most energy efficient homes ever constructed in the State of Utah. Read More Cision https://www.prnewswire.com/news-releases/garbett-homes-constructs-passive-house-in-luxurious-park-city-community-301686155.html

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Governor Hochul Announces Start of Construction on $23 Million Affordable and Supportive Housing Development in East Buffalo As part of the building’s modernization and decarbonization efforts, it is also designed to meet the requirements of the New York State Energy Research and Development Authority’s New Construction Housing Program and 2020 Enterprise Green Communities. Read More Governor Kathy Hochul https://www.governor.ny.gov/news/governor-hochul-announces-start-construction-23-million-affordable-and-supportive-housing

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Beacon Introduces Bill to Ban Gas Heating, Appliances in New Buildings The city is to be the third in New York to require new construction to be gas-free. Read More Times Union https://www.timesunion.com/hudsonvalley/news/article/Beacon-gas-ban-heating-bill-17606454.php

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No Better Time to Offer Solar, EV Charging and More ACCA forum detailed how HVAC contractors can offer new services to take advantage of IRA incentives. Read More Air Conditioning Heating Refrigeration https://www.achrnews.com/articles/147300-no-better-time-to-offer-solar-ev-charging-and-more

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Installation Incentives: New Law Provides Push for Homeowners, Businesses To Go Green The law rewards people for investing in their homes, installing solar panels, and purchasing both new and used electric vehicles. It also aims to motivate industry to reduce greenhouse gas emissions. Read More Indianapolis Business Journal https://www.ibj.com/articles/installation-incentives

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Construction is Underway For BIG, ICON and Lennar’s 3D-Printed Homes in Texas Designed for Georgetown’s master-planned community, named Wolf Ranch by Hillwood Communities, a Perot company, the 100-home community is being built by using innovative robotics, software and… Read More World Architecture https://worldarchitecture.org/architecture-news/engcm/construction-is-underway-for-big-icon-and-lennar-s-3d-printed-homes-in-texas.html

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New Home Sales Increase in October HUD and the U.S. Census Bureau estimated sales of newly built, single-family homes in October at a 632,000 seasonally adjusted annual pace, which is a 7.5% increase over downwardly revised September rate of 588,000. Read More Eye on Housing https://eyeonhousing.org/2022/11/new-home-sales-increase-in-october/

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House Prices Decline, But Equity Buffers Remain Robust House prices have already begun to adjust to the reality of higher mortgage rates in many markets, which will help bring more balance to the housing market heading into 2023. Read More First American https://blog.firstam.com/economics/house-prices-decline-but-equity-buffers-remain-robust

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MetroIntelligence Economic Update by P. DUFFY   November Federal Reserve minutes show willingness to slow pace of rate increases A number of (Federal Reserve Open Market Committee) participants observed that, as monetary policy approached a stance that was sufficiently restrictive to achieve the Committee’s goals, it would become appropriate to slow the pace of increase in the target range for the federal funds rate. In addition, a substantial majority of participants judged that a slowing in the pace of increase would likely soon be appropriate. https://www.federalreserve.gov/monetarypolicy/fomcminutes20221102.htm   Consumer sentiment slips…

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Natural Influences Lighter colors and earth tone finishes are on the rise, and are often combined with metal accents and black painted cabinets for a distinctive style. Read More Kitchen and Bath Design News https://www.kitchenbathdesign.com/natural-influences/

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