On-Trend Colors Reflecting Comforting Lifestyle Design Knowing what shades are trendy and how different hues can work together for a cohesive design is an important step in creating an attractive design aesthetic. Read More Accesswire https://www.accesswire.com/718512/On-Trend-Colors-Reflecting-Comforting-Lifestyle-Design
Read MoreYear: 2022
Greenwich Walk Townhomes at Foxcreek: ‘The Best of 55-Plus Living’
Greenwich Walk Townhomes at Foxcreek: ‘The Best of 55-Plus Living’ When David Cloak broke ground on a residential community in Mosley 18 years ago, he knew it would take a while to finish, if only because of its scale. Read More Richmond-Times Dispatch https://richmond.com/realestate/features/richmond-neighborhoods/greenwich-walk-townhomes-at-foxcreek-the-best-of-55-plus-living/article_009500c0-40e8-11ed-af6e-9bee5e58fea5.html
Read MoreRibbon Cutting Held for Venice-Adjacent Affordable Housing Project in Santa Monica
Ribbon Cutting Held for Venice-Adjacent Affordable Housing Project in Santa Monica Project will bring 37 units of 100 percent affordable housing to Lincoln Boulevard and Pacific Street. Read More Yo! Venice https://yovenice.com/2022/09/30/ribbon-cutting-held-for-venice-adjacent-affordable-housing-project-in-santa-monica/
Read MoreCaruso Homes Announces the Ingrams Point Grand Opening
Caruso Homes Announces the Ingrams Point Grand Opening The single-family home community features 129 homesites that offer a range of options and personalization for buyers. Many homes offer main floor living and generous-sized private lots. Read More Cision https://www.prweb.com/releases/2022/10/prweb18931970.htm
Read More‘Positive-Only’ Rent Payment Reporting
‘Positive-Only’ Rent Payment Reporting Since on-time rent payments are rarely included in credit reports, they usually don’t contribute to a consumer’s credit score, which can be a disadvantage to renters who make their payments on time. Read More Multi-Housing News https://www.multihousingnews.com/fannie-mae-pilots-positive-only-rent-payment-reporting-program/
Read MoreSeattle’s Once Red-hot Housing Market Is Cooling Down
Seattle’s Once Red-hot Housing Market Is Cooling Down Inventory is up, prices are down but buyers are backing out of the Seattle housing market. Emerald City just scored the top spot on Redfin’s list of fast-cooling real estate markets in… Read More KIRO 7 https://www.kiro7.com/news/local/seattles-once-red-hot-housing-market-is-cooling-down/VQ233RJQC5ESZPHDYXFOGLDMOM/
Read More9/30/22 – MetroIntelligence Economic Update by P. DUFFY
MetroIntelligence Economic Update by P. DUFFY Purchase loan applications slip 0.4 percent from previous week, down 29 percent year-on-year The Market Composite Index for mortgage applications decreased 3.7 percent on a seasonally adjusted basis from one week earlier, with purchase loans falling 0.4 percent (and down 29 percent year-on-year) and refinance activity falling 11 percent (and down 84 percent year-on-year). The adjustable-rate mortgage (ARM) share of activity increased to 10.4 percent of total applications. The average contract interest rate for 30-year fixed-rate mortgages increased to 6.52 percent from 6.25 percent.…
Read MoreHow Has Working from Home Affected the Housing Market?
How Has Working from Home Affected the Housing Market? Home building activities have shifted from higher density core areas to low-density and low-cost markets since the beginning of the COVID-19 pandemic. Read More NAHB https://www.nahb.org/blog/2022/09/how-has-working-from-home-affected-the-housing-market
Read MoreU.S. New Home Sales Unexpectedly Rise in August
U.S. New Home Sales Unexpectedly Rise in August New home sales surged 28.8% to a seasonally adjusted annual rate of 685,000 units last month… Read More Reuters https://www.reuters.com/markets/us/us-new-home-sales-unexpectedly-rise-august-2022-09-27/
Read More9/28/2022 – MetroIntelligence Economic Update by P. DUFFY
MetroIntelligence Economic Update by P. DUFFY New home sales rebound 28.8 percent in August but mostly flat year-on-year Sales of new single‐family houses in August 2022 were at a seasonally adjusted annual rate of 685,000, up 28.8 percent from July but mostly flat year-on-year, down 0.1 percent. Months of inventory fell from 10.4 to 8.1 months between July and August vs. 6.5 months in August 2021. The median sales price was $436,800, down 6.3 percent from July but up 8.0 percent year-on-year. The average sales price was $521,800, also…
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