More Homes Using Heat Pumps as Cheaper, Greener Alternative to Fossil Fuels Heat pumps are so green because they’re not creating heat; they’re just moving it from one place to another. Read More PBS https://www.pbs.org/newshour/show/more-homes-using-heat-pumps-as-cheaper-greener-alternative-to-fossil-fuels
Read MoreYear: 2023
Energy Efficiency Is Finally Turning a Corner as the World Tackles the Energy and Climate Crises
Energy Efficiency Is Finally Turning a Corner as the World Tackles the Energy and Climate Crises The quest for greater energy efficiency has brought together policymakers, consumers, investors and businesses eager to save on skyrocketing electricity and fuel costs, as well as to urgently abate CO2 emissions. Read More World Economic Forum https://www.weforum.org/agenda/2023/01/energy-efficiency-energy-and-climate-crises/
Read MoreAspen City Council Adopts Building Code Changes on First Reading
Aspen City Council Adopts Building Code Changes on First Reading If it were adopted, Ordinance 1 would require all new residential construction to install fire sprinklers, permit gender-neutral restrooms and incentivize all-electric new construction. Read More Aspen Daily News https://www.aspendailynews.com/news/aspen-city-council-adopts-building-code-changes-on-first-reading/article_8226ae26-9157-11ed-afde-af6653841652.html
Read MoreHow and When Will Housing Rebound?
How and When Will Housing Rebound? Forecasters expect the Federal Reserve will end its path of rate increases at the end of the first quarter, leading to sustainable declines for mortgage rates in the second half of 2023 and into 2024, enough to spur a rebound for single-family construction. Read More National Association of Home Builders https://www.nahb.org/blog/2023/01/how-and-when-will-housing-rebound
Read More2023 Mortgage Forecast: Rates Expected to Decline
2023 Mortgage Forecast: Rates Expected to Decline If spreads gradually return closer to historical averages, then mortgage rates will decline modestly over the next year Read More U.S. News & World Report https://money.usnews.com/loans/mortgages/articles/2023-mortgage-rate-forecast
Read More1/17/23 – MetroIntelligence Economic Update by P. DUFFY
MetroIntelligence Economic Update by P. DUFFY Consumer sentiment rebounds 8.2 percent in January but still down 3.9 percent year-on-year Consumer sentiment remained low from a historical perspective but continued lifting for the second consecutive month, rising 8% above December and reaching about 4% below a year ago. Current assessments of personal finances surged 16% to its highest reading in eight months on the basis of higher incomes and easing inflation. Although the short-run economic outlook fell modestly from December, the long-run outlook rose 7% to its highest level in nine…
Read MoreInflation Continues Its Cooling Trend
Inflation Continues Its Cooling Trend Consumer prices in December saw the largest month-over-month decrease since April 2020. While still elevated, inflation experienced the third month below an 8% annual growth rate since February 2022. Read More Eye On Housing https://eyeonhousing.org/2023/01/good-news-inflation-continues-its-cooling-trend/
Read MoreHousing Inventory up Nearly 55% In December
Housing Inventory up Nearly 55% In December The housing inventory shortage dominated much of the conversation surrounding the housing market in 2022, but thanks to softening homebuyer demand, the number of active listings… Read More HousingWire https://www.housingwire.com/articles/housing-inventory-up-nearly-55-in-december/
Read More1-13-2023: MetroIntelligence Economic Update by P. DUFFY
MetroIntelligence Economic Update by P. DUFFY CPI slips 0.1% in December, up 6.5% year-on-year The Consumer Price Index for All Urban Consumers (CPI-U) declined 0.1 percent in December on a seasonally adjusted basis, after increasing 0.1 percent in November. Over the last 12 months, the all-items index increased 6.5 percent, the smallest increase since October 2021. The index for all items less food and energy rose 0.3 percent in December, after rising 0.2 percent in November. The all-items index less food and energy index rose 5.7 percent over the last…
Read MoreForecasts of Top Home Interior Design Trends for 2023
Forecasts of Top Home Interior Design Trends for 2023 While 2022 trends focused on redefining what “home” is, 2023 will continue to build on that theme, embracing truly personal surroundings by mixing styles, balancing innovation with the familiar and… Read More La Jolla Light https://www.lajollalight.com/business-spotlight/story/2023-01-10/jackson-design-remodeling-forecasts-top-home-interior-design-trends-for-2023
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