US residential construction hit its highest level since July 2007 last month amid double-digit growth for the industry… Read More Business Insider https://markets.businessinsider.com/news/stocks/us-home-housing-starts-highest-since-2007-double-digit-growth-2019-9-1028534929
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Builder confidence reaches annual peak in September
NAHB reported that the index hit its highest reading since October 2018… Read More MPA https://www.mpamag.com/news/builder-confidence-reaches-annual-peak-in-september-178302.aspx
Read More9/20: MetroIntelligence Economic Update by P. DUFFY
August existing home sales rose to 17-month as inventory slipped to 4.1 months August existing-home sales rose 1.3 percent from July and 2.6 percent year-on-year to a seasonally adjusted annual rate of 5.49 million to the highest level in 17 months. The median existing-home price rose to $278,200, up 4.7 percent from August 2018. Unsold inventory is at a 4.1-month supply at the current sales pace, down from 4.2 months in July and from the 4.3-month figure recorded a year ago. https://www.nar.realtor/newsroom/existing-home-sales-increase-1-3-in-august August Leading Economic Index unchanged as economy…
Read MoreResidential Solar: Becoming Increasingly Cost-Effective And Customer-Friendly
Market data indicates the average price of installations is below $3 per watt, 23% less than five years ago… Read More Forbes https://www.forbes.com/sites/peterdetwiler/2019/09/19/residential-solar-becoming-increasingly-cost-effective-and-customer-friendly/#6b9f115c56ba
Read MoreThe top home trends include technology and sustainability
The number of residences with smart home technology is growing by leaps and bounds… Read More Orange County Register https://www.ocregister.com/2019/09/19/best-of-orange-county-2019-the-top-home-trends-include-technology-and-sustainability/
Read More8 Questions With An Interior Design Pro
When it comes to staging a home, are there different rules for different rooms? Read More Style Blueprint https://styleblueprint.com/louisville/everyday/living-with-lyn-interior-design-insight/
Read MoreNew single-family home community coming to Tomball-Cypress area
KB Home purchased land in Tomball in July for Willow Wood Place, a new residential community… Read More Community Impact Newspaper https://communityimpact.com/houston/tomball-magnolia/development-construction/2019/09/18/new-single-family-home-community-coming-to-tomball-cypress-area/
Read MoreHomebuilders are feeling better about the housing market than they have all year
September’s level now marks the highest reading since October of last year… Read More HousingWire https://www.housingwire.com/articles/50163-homebuilders-are-feeling-better-about-the-housing-market-than-they-have-all-year
Read MoreHow a Fed rate cut could impact the housing market
The central bank is expected to announce another cut to its benchmark interest rate… Read More Fox Business https://www.foxbusiness.com/economy/fed-rate-cut-housing-market
Read More9/19/: MetroIntelligence Economic Update by P. DUFFY
September builder confidence rises to highest level this year Builder confidence in the market for newly-built single-family homes rose one point to 68 in September from an upwardly revised August reading of 67, for the highest rating this year. Sentiment levels have held in the mid- to upper 60s since May and September’s reading matches the highest level since last October. https://www.nahb.org/news-and-publications/press-releases/2019/09/builder-confidence-hits-yearly-high-in-sept.aspx August housing starts up 12.3 percent from July and 6.6 percent year-on-year Privately‐owned housing starts in August were at a seasonally adjusted annual rate of 1,364,000. This…
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