Year: 2023

The Making of an Organic Home The Flurs’ new house, in turn, has helped transform the architecture of their neighborhood, a private development called The Sanctuary at Lake Wylie, a man-made reservoir with portions in both North… Read More Mansion Global https://www.mansionglobal.com/articles/their-cookie-cutter-home-wasnt-cutting-it-anymore-so-this-north-carolina-couple-started-over-dc2f2dca

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MetroIntelligence Economic Update by P. DUFFY Pending home sales flat in April, down 20.3 percent year-on-year The Pending Home Sales Index (PHSI) remained at 78.9 in April, posting no change from the previous month. Year over year, pending transactions dropped by 20.3%. The Northeast PHSI dropped 11.3% from last month to 59.1, a decrease of 21.8% from April 2022. The Midwest index improved 3.6% to 78.4 in April, down 21.4% from one year ago. The South PHSI increased 0.1% to 99.6 in April, sinking 16.7% from the prior year. The…

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Commodities Update: Lumber Prices and Oil Prices Oil and lumber prices are volatile and dependent on changes in supply and demand. When consumers have more discretionary spending and are interested in renovating their homes, lumber… Read More Nasdaq https://www.nasdaq.com/articles/commodities-update:-lumber-prices-and-oil-prices-june-2023

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Lack of Resales Provides Boost to New Home Sales in April Stabilizing mortgage rates and a lack of resale inventory provided a boost for new home sales in April, even as builders continue to wrestle with rising costs stemming from shortages of… Read More Eye On Housing https://eyeonhousing.org/2023/05/lack-of-resales-provides-boost-to-new-home-sales-in-april/

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An Insider’s Guide to Windows & Doors Because windows and doors greatly affect the interior environment through lighting, thermal performance, acoustics, and air quality, choosing the right products and glass options is paramount… Read More Midwest Home https://midwesthome.com/featured/an-insiders-guide-to-windows-doors/

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Multifamily Built-for-Rent Share Remains Elevated According to NAHB analysis of quarterly Census data, the count of multifamily, for-rent housing starts remained elevated during the first quarter of 2023. Read More Eye On Housing https://eyeonhousing.org/2023/05/multifamily-built-for-rent-share-remains-elevated-5/

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New Manufacturing Processes Can Make Steel Construction a Greener Option “Geen steel” that is manufactured using hydrogen generated with renewable energy makes its use as a building material more feasible for environmentally conscious designers and clients. Read More Building Design + Construction https://www.bdcnetwork.com/new-manufacturing-processes-can-make-steel-construction-greener-option-and-add-us-jobs

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‘Barkitecture’ Puts Dogs at the Center of Home Design While pampering one’s pups has been a longstanding tradition, home design trends are making life posher for pets. Pullout feeding trays, doggie doors and dog runs are getting upgrades. Read More Star Tribune https://www.startribune.com/barkitecture-puts-dogs-at-the-center-of-home-design/600276207/

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MetroIntelligence Economic Update by P. DUFFY E-commerce’s share of overall retail sales rebounds to 15.1 percent in 1Q2023 E-commerce sales rose 3.0% from the previous quarter vs. 0.9% for all retail sales and rose 7.8% year-on-year vs. 3.4% for all retail sales. As a share of overall retail sales, online sales captured 15.1% in 1Q2023, up from 14.8% the previous quarter and 14.5% in 1Q2022.  Whereas the pre-pandemic share had been gradually rising at the rate of about one percentage point per year, that spiked up from 11.1% in 2Q2019…

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