Newsletter Archives - Residential Contractor

8/7: MetroIntelligence Economic Update by P. DUFFY

MetroIntelligence Economic Update by P. DUFFY Initial unemployment claims dip to 1.2 million, continued claims fall to 16.1 million In the week ending August 1, initial unemployment claims were 1,186,000, a decrease of 249,000 from the previous week’s revised level. Continued unemployment claims during the week ending July 25 were 16,107,000, a decrease of 844,000 from the previous week’s revised level. https://www.dol.gov/ui/data.pdf Consumer confidence by state shows that controlling virus is essential Consumer confidence fell in 41 of the 50 states from July 1 through Aug. 1. The largest monthly…

4 home design trends sure to make potential homebuyers swoon

4 home design trends sure to make potential homebuyers swoon Design trends that are getting more attention include black and white interior designs, the incorporation of more neutral tones and a greater demand for velvet…. Read More Inman https://www.inman.com/2020/08/05/4-home-design-trends-sure-to-make-potential-homebuyers-swoon/

Here’s how the coronavirus pandemic could change home design

Here’s how the coronavirus pandemic could change home design The need for space and being flexible into multi-family unit designs is increasingly important for home design post covid-19…. Read More Hindustan Times https://www.hindustantimes.com/more-lifestyle/sliding-walls-hideable-offices-how-the-coronavirus-pandemic-could-change-home-design/story-QoqhlW7f3qIPlfRAuJcspL.html

Here’s how the coronavirus pandemic could change home design

Native artists will soon have a new home in the Cully neighborhood

Native artists will soon have a new home in the Cully neighborhood Portland’s Native American Youth and Family Center is planning a 56-unit affordable housing developments where an empty parking lot used to be…. Read More Street Roots https://www.streetroots.org/news/2020/08/05/native-artists-will-soon-have-new-home-cully-neighborhood

Mt. Aaron Village project construction kicks off

Mt. Aaron Village project construction kicks off In a collaboration between Community Hope Builders CDC and CB-Emmanuel Realty construction for a $20.3 million nine-unit affordable housing development has begun…. Read More The Buffalo News https://buffalonews.com/news/local/mt-aaron-village-project-construction-kicks-off/article_e821459e-d681-11ea-b699-3f789a3966b3.html

Business Application Shows Growth in Q2 2020

Business Application Shows Growth in Q2 2020 Housing creates jobs, and housing in turn follows job growth from business activity. Thus, tracking the growth of enterprise provides a guide to future home building… Read More Eye On Housing http://eyeonhousing.org/2020/08/business-application-shows-growth-in-q2-2020/

8/6: MetroIntelligence Economic Update by P. DUFFY

MetroIntelligence Economic Update by P. DUFFY July Global Composite Output Index rises to six-month high of 50.8 The J.P.Morgan Global Composite Output Index rose to a six-month high of 50.8 in July, up from 47.8 in June. This was the first time since January that the headline figure has posted above the neutral 50.0 mark. Five out of the six sub-sectors covered by the survey registered output growth during July, with the fastest rate of expansion seen at consumer goods producers. https://www.markiteconomics.com/Public/Home/PressRelease/b9a1f47a1c714124a1b412da6b637e75 U.S. services sector index rises another point to 58.1 in…

New study reveals challenges, opportunities for senior living providers across 4 areas

New study reveals challenges, opportunities for senior living providers across 4 areas “The Four Pillars of the New Retirement” study is a five-generation look at 9,000 people in the United States and Canada and takes a holistic view of the “new retirement” across those four areas… Read More McKnight’s Senior Living https://www.mcknightsseniorliving.com/home/news/new-study-reveals-challenges-opportunities-for-senior-living-providers-across-4-areas/

Builder confidence in 55+ housing market on the upswing

Builder confidence in 55+ housing market on the upswing Builder confidence in the single-family 55+ housing market bounced back in the second quarter, jumping 27 points to 65 on a 0-to-100 scale… Read More Inside Nova https://www.insidenova.com/news/real_estate/builder-confidence-in-55-housing-market-on-the-upswing/article_1f29f1bc-d70e-11ea-90ca-effb058e8062.html