Homebuilders see rentals as a bright spot

Companies that build rental houses are emerging as a bright spot, raising new capital to accelerate growth on a bet that its easier to lease homes than sell them. Read More Herald-Tribune https://www.heraldtribune.com/news/20190121/homebuilders-see-rentals-as-bright-spot

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1/22: MetroIntelligence Economic Update by P. DUFFY

December new home mortgage applications fell 13.0 percent from November and 6.1 percent year-on-year The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for December 2018 shows mortgage applications for new home purchases decreased 13.0 percent from November and 6.1 percent from a year ago. READ MORE   January consumer sentiment drops sharply in early survey Consumer sentiment declined in early January to its lowest level since Trump was elected, falling from 98.3 to 90.7.  The loss was due to a host of issues including the partial government shutdown,…

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Consumers continue interest in sustainable home features

Sustainable home features and environmentally friendly neighborhoods are becoming important factors for homebuyers when choosing a home. Read More St. Loius Post Disptach https://www.stltoday.com/homes/market-news/consumers-continue-interest-in-sustainable-home-features/article_216b231a-1b4e-11e9-b092-bba70e2214d4.html

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Custom designs by London Bay Homes

From complete customization to select personalization, London Bay’s design-led approach to luxury custom homebuilding is supported by an in-house team of award-winning designers Read More Naples Daily News https://www.naplesnews.com/story/money/real-estate/2019/01/19/custom-designs-london-bay-homes/2580628002/

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Affordability fuels new U.S. housing hot spots

Housing markets this year are expected to heat up in the South and the Southeast, where technology companies and young professionals are moving… Read More CBS News https://www.cbsnews.com/news/silicon-valley-tops-housing-market-for-a-second-year-but-southern-cities-are-heating-up/

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1/18: MetroIntelligence Economic Update by P. DUFFY

Beige Book:  Economic outlook remains positive, but optimism slipping due to variety of factors Economic activity increased in most of the U.S., with eight of twelve Federal Reserve Districts reporting modest to moderate growth. Outlooks generally remained positive, but many Districts reported that contacts had become less optimistic in response to increased financial market volatility, rising short-term interest rates, falling energy prices, and elevated trade and political uncertainty. READ MORE   Atlanta Fed:  January annual inflation expectations slip to 2.0 percent Firms’ year-ahead inflation expectations decreased somewhat to 2.0 percent,…

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