Three Case Studies For More Affordable, Scalable Housing One line – either summarize article premise or copy article deck Read More Forbes https://www.forbes.com/sites/jennifercastenson/2023/03/24/three-case-studies-for-more-affordable-scalable-housing/?sh=4f0a1d255886
Read MoreMonth: March 2023
Fed Raises Interest Rates by 25 Basis Points; Credit Conditions to Tighten
Fed Raises Interest Rates by 25 Basis Points; Credit Conditions to Tighten The Fed’s projections indicate that additional increases may be in store to achieve the level of tightening necessary to ultimately bring inflation back — over time — to the Fed’s target of 2%. Read More NAHB https://www.nahb.org/blog/2023/03/fed-raises-interest-rates-by-25-basis-points
Read MoreHome Prices Just Broke a Decade-long Streak
Home Prices Just Broke a Decade-long Streak The median existing home price was $363,000 in February, down 0.2% from a year ago. This marks the first monthly year-over-year price decline since February 2012. Read More CNN https://www.cnn.com/2023/03/21/homes/existing-home-sales-february
Read More3/24/2023 — MetroIntelligence Economic Update by P. DUFFY
MetroIntelligence Economic Update by P. DUFFY New home sales rise for third consecutive month but still down 19.0 percent year-on-year Sales of new single‐family houses in Feb. 2023 rose for the third consecutive month to a seasonally adjusted annual rate of 640,000, up 1.1 percent above the revised January rate but down 19.0 percent from February 2022. The median sales price of new houses sold in Feb. 2023 was $438,200, up 2.5 percent year-on-year. The average sales price was $498,700, down 4.5 percent year-on-year. The seasonally‐adjusted estimate of new houses…
Read MoreAging in Place Design
Aging in Place Design Tech and design innovations such as height-adjustable countertops, sinks, cabinets, and bidet toilets, as well as ergonomic furniture, circadian lighting and smart flooring can be incorporated… Read More Designers Today https://www.designerstoday.com/news/curious-about-the-latest-in-aging-in-place-technology-this-new-airbnb-home-in-ohio-has-the-goods/
Read MoreMayor Wu Announces Strategies to Enhance Energy Efficiency in Boston
Mayor Wu Announces Strategies to Enhance Energy Efficiency in Boston These measures expand upon the Wu administration’s commitment to a just energy transition and a Green Code for Boston. Read More Boston.gov https://www.boston.gov/news/mayor-wu-announces-strategies-enhance-energy-efficiency-boston
Read MoreEnvironmentally Conscious Homeseekers Are Going Green
Environmentally Conscious Homeseekers Are Going Green Americans across the country have joined the green movement in several aspects of their lives, and their homes are no exception. Read More DS News https://dsnews.com/news/03-20-2023/options-exist-for
Read MoreThe Plains Affordable Housing Project Tops Out At 4519 White Plains Road In The Bronx
The Plains Affordable Housing Project Tops Out At 4519 White Plains Road In The Bronx To improve energy efficiency, the structure will support a green roof and roof-level solar panels. Upon completion, the project will seek LEED Gold certification. Read More New York Yimby https://newyorkyimby.com/2023/03/the-plains-affordable-housing-project-tops-out-at-4519-white-plains-road-in-wakefield-the-bronx.html
Read MoreU.S. Homebuilding Surges
U.S. Homebuilding Surges United States homebuilding jumped higher in February, turning around after five consecutive months of falling. Read More CNN Business https://www.cnn.com/2023/03/16/homes/new-home-starts-february/index.html
Read More3/21/2023 – MetroIntelligence Economic Update by P. DUFFY
MetroIntelligence Economic Update by P. DUFFY March consumer sentiment falls for first time in four months Consumer sentiment fell for the first time in four months, sitting about 5% below February but remaining 7% above a year ago. This month’s decrease was already fully realized prior to the failure of Silicon Valley Bank, at which time about 85% of our interviews for this preliminary release had been completed. Overall, all components of the index worsened relatively evenly, primarily on the basis of persistently high prices, creating downward momentum for sentiment…
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