Affordable Housing Lottery Launches For The Deermar in Brooklyn Designed by NA Design Studio with interiors by Whitehall Interiors and developed by Ranco Capital, the structure yields 72 residences, is the Deermar. Read More Source (CBS, Forbes, etc…) https://newyorkyimby.com/2022/07/affordable-housing-lottery-launches-for-the-deermar-at-262-9th-street-in-park-slope-brooklyn.html
Read MoreYear: 2022
Toll Brothers Announces Opening of Three Model Homes in its Allison Ranch Community
Toll Brothers Announces Opening of Three Model Homes in its Allison Ranch Community Allison Ranch offers ranch-style and two-story homes in three home collections ranging from 1,956 to 3,960 square feet, some with options for main-floor primary bedroom suites, up to five-car… Read More Your Hub https://yourhub.denverpost.com/blog/2022/07/toll-brothers-model-homes-allison-ranch-in-parker/293431/
Read MoreDOE Grant for Grid-Interactive Efficient Buildings
DOE Grant for Grid-Interactive Efficient Buildings The total amount of the award will be over $5M to multiple partners for work through 2027. The grant will be used to convert 15 facilities in Madison into grid-interactive efficient buildings (GEBs). Read More City of Madison https://www.cityofmadison.com/news/common-council-to-take-up-doe-grant-for-grid-interactive-efficient-buildings
Read MoreHousing Begins to Slow as Financial Conditions Tighten
Housing Begins to Slow as Financial Conditions Tighten Rising inflation and higher mortgage rates are slowing traffic of prospective home buyers and putting a damper on builder sentiment. Read More NAHB https://www.nahb.org/blog/2022/07/housing-begins-to-slow
Read MoreUS Mortgage Rates Plunge to 5.3% in Biggest Drop Since 2008
US Mortgage Rates Plunge to 5.3% in Biggest Drop Since 2008 The average for a 30-year loan fell to 5.3%, the lowest in a month and down from 5.7% last week. Read More Bloomberg https://www.bloomberg.com/news/articles/2022-07-07/us-mortgage-rates-plunge-to-5-3-in-biggest-drop-since-2008
Read MoreInstitutional Buyers Accounted for 13% of Residential Sales
Institutional Buyers Accounted for 13% of Residential Sales A new analysis of institutional home buyers and their impact on single-family properties conducted by the National Association of Realtors Research Group found that this segment of buyers comprised 13% of the residential sales market in 2021. Read More DS News https://dsnews.com/daily-dose/07-06-2022/institutional-buyers-residential-sales-2021
Read MoreInvest NH Will Provide $100 Million in Housing Funds
Invest NH Will Provide $100 Million in Housing Funds The fund, which comes from federal American Rescue Plan money, will provide grants to expand and accelerate housing construction across the state. Read More Concord Monitor https://www.concordmonitor.com/InvestNHHousingFund-cm-070622-47090743
Read More7/8/2022 – MetroIntelligence Economic Update by P. DUFFY
MetroIntelligence Economic Update by P. DUFFY June planned job cuts rise to highest total since February 2021 U.S.-based employers announced 32,517 cuts in June, a 58.8% increase from the 20,476 cuts announced in the same month last year and 57% higher than the 20,712 cuts announced in May. June marks the highest monthly total since February 2021, when 34,531 cuts were announced. It is the second time this year that cuts were higher in 2022 than the corresponding month a year earlier. https://www.challengergray.com/blog/job-cuts-surge-in-june-2022-up-57-from-may-59-from-june-2021-highest-quarterly-total-since-q1-2021/ June U.S. business activity rose in…
Read MoreNeal Communities Celebrates Opening of SkySail in Naples
Neal Communities Celebrates Opening of SkySail in Naples Southwest Florida’s largest private homebuilder, Neal Communities, recently celebrated the grand opening of SkySail, a 1,500-single-family-home community on 642 acres off Oil Well Road in Naples. Read More Bonita Springs Florida Weekly https://bonitasprings.floridaweekly.com/articles/neal-communities-celebrates-opening-of-skysail-in-naples/
Read MoreBiden Administration Announces $2.3 Billion for States and Tribes to Strengthen and Modernize America’s Power Grid
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
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