New Sustainable Community in Utah With Luxury Mountain Homes

New Sustainable Community in Utah With Luxury Mountain Homes Benloch Ranch, a new “sustainable community” in Utah, has homes starting at $1.4 million. Read More Business Insider https://www.businessinsider.com/photos-new-sustainable-community-in-utah-with-luxury-mountain-homes-2022-8#realtorcom-ranked-salt-lake-city-this-may-as-the-1-housing-market-positioned-for-growth-in-2022-followed-by-boise-city-idaho-and-spokane-washington-1

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Builder Confidence Underwater After Falling for Eighth Consecutive Month

Builder Confidence Underwater After Falling for Eighth Consecutive Month Builder confidence in the market for newly built single-family homes fell six points in August to 49, marking the first time since May 2020 that the index fell below the key break-even measure of 5o. Read More NAHB https://www.nahb.org/news-and-economics/press-releases/2022/08/builder-confidence-underwater-after-falling-for-eighth-consecutive-month

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Corporate Investors Swoop into Bartholomew County’s Housing Market

Corporate Investors Swoop into Bartholomew County’s Housing Market Real estate analysts say the recent influx of institutional investors in Bartholomew County’s housing market reflects a trend that has been playing out across the United States as an “unprecedented housing market” has fueled the companies’ appetite for single-family homes. Read More The Republic https://www.therepublic.com/2022/08/14/squeezed-out-corporate-investors-swoop-into-bartholomew-countys-housing-market/

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MetroIntelligence Economic Update by P. DUFFY

MetroIntelligence Economic Update by P. DUFFY August consumer sentiment index up 7.0 percent from July but down 21.6 percent year-on-year Consumer sentiment moved up very slightly in August to about 5 index points above the all-time low reached in June. All components of the expectations index improved this month, particularly among low and middle income consumers for whom inflation is particularly salient. The year-ahead economic outlook rose substantially to just above its average reading from the second quarter 2022, while the two other expectations index components remain at or below…

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Governor Hochul Announces Completion of $16 Million Affordable Housing Development in Monroe County

Governor Hochul Announces Completion of $16 Million Affordable Housing Development in Monroe County Wellington North Provides 50 New Affordable and Energy-Efficient Homes for Older Residents in the Town of Clarkson Read More Governor Kathy Hochul https://hcr.ny.gov/news/governor-hochul-announces-completion-16-million-affordable-housing-development-monroe-county

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