K. Hovnanian️ Introduces Salerno Reserve, a New LOOKS Community

K. Hovnanian️ Introduces Salerno Reserve, a New LOOKS Community Salerno Reserve offers LOOKS: a designer-curated collection of beautiful interiors. Buyers can choose between Loft, Farmhouse, Classic or Elements LOOKS, and enjoy cohesive style without the stress. Read More Yahoo! Finance https://finance.yahoo.com/news/k-hovnanian-introduces-salerno-looks-165900403.html

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On Aging in Place Design

On Aging in Place Design Most people would like to grow old in the home they currently live in. They’d rather not downsize or move to a 55-and-over community or into assisted living. Read More Morningstar https://www.morningstar.com/news/marketwatch/20240117290/we-dont-have-enough-homes-to-meet-our-aging-needs-the-ideal-home-for-aging-in-place-might-not-even-exist

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What Is Minimalism? A Less-Is-More Decor Approach That’s a Breeze To Achieve

What Is Minimalism? A Less-Is-More Decor Approach That’s a Breeze To Achieve Instead of hopping on a new trend for 2024, why not consider one that has stood the test of time? Yup, we’re talking about the effortless yet cool elegant decor style known as minimalism. Read More Realtor https://www.realtor.com/advice/home-improvement/what-is-minimalism-a-less-is-more-decor-approach-thats-a-breeze-to-achieve-what-is-minimalism-a-less-is-more-decor-approach-you-can-easily-achieve-what-is-minimalism-here-are-tips-to-achieve-this-l/

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Trendiest Interior Design Styles for 2024: Brutalism Makes Strong Debut, Japandi Style Fades

Trendiest Interior Design Styles for 2024: Brutalism Makes Strong Debut, Japandi Style Fades Brutalism claimed the #1 position on our list of the fastest-rising interior design styles with online searches for this design almost doubling over the year. Maximalism and organic modern… Read More RentCafe https://www.rentcafe.com/blog/home-and-garden/interior-design/trendiest-interior-design-styles-2024/

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1/19/2024 – MetroIntelligence Economic Update by P. DUFFY

MetroIntelligence Economic Update by P. DUFFY   January builder confidence rises for second consecutive month to 44 Builder confidence in the market for newly built single-family homes climbed seven points to 44 in January.  The HMI index charting current sales conditions increased seven points to 48, the component measuring sales expectations in the next six months jumped 12 points to 57 and the component gauging traffic of prospective buyers rose five points to 29. https://www.nahb.org/news-and-economics/press-releases/2024/01/builder-sentiment-surges-on-falling-interest-rates   Share of builders cutting prices falls to 31 percent in January, lowest rate since…

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Gen Z vs. the Silver Tsunami

Gen Z vs. the Silver Tsunami Baby boomers dominate America’s housing market. Members of the “Me” generation own nearly $19 trillion worth of US real estate — more than double the amount held by millennials and about $5 trillion more than Gen Xers. Read More Business Insider https://www.businessinsider.com/what-will-happen-baby-boomer-homes-die-millennials-gen-z-2024-1

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Remodeling Market Sentiment Improves in Fourth Quarter

According to the National Association of Home Builders (NAHB), NAHB released its NAHB/Westlake Royal Remodeling Market Index (RMI) for the fourth quarter, posting a reading of 67, increasing two points compared to the previous quarter. The NAHB/Westlake Royal RMI survey asks remodelers to rate five components of the remodeling market as “good,” “fair” or “poor.” Each question is measured on a scale from 0 to 100, where an index number above 50 indicates that a higher share view conditions as good than poor. The Current Conditions Index is an average…

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