Newsletter Archives - Residential Contractor

3/19: MetroIntelligence Economic Update by P. DUFFY

March builder confidence holds steady at 62 Builder confidence in the market for newly-built single-family homes held steady at 62 in March. The HMI component charting sales expectations in the next six months rose three points to 71, the index gauging current sales conditions increased two points to 68, and the component measuring traffic of prospective buyers fell four points to 44. READ MORE February new home mortgage applications up 6.0 percent from January and 3.0 percent year-on-year The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for…

All You Need to Know About Home Geothermal Heating & Cooling

Home geothermal heating and cooling is actually fairly simple. Here’s how it works. Read More Clean Technica https://cleantechnica.com/2019/03/17/all-you-need-to-know-about-home-geothermal-heating-cooling/

Home design trends in demand in 2019

This year is one of continued change in home design as consumers get revved up about more livable spaces and a surge in new home-centered technology. Read More Chicago Agent Magazine https://chicagoagentmagazine.com/2019/03/18/home-design-trends-demand-2019/

Diamond Custom Homes breaks ground on new home construction in Estuary

Diamond Custom Homes has announced the construction of a new custom home in the Estuary at Grey Oaks. Read More Naples News www.naplesnews.com/story/money/real-estate/2019/03/16/diamond-custom-homes-breaks-ground-new-home-construction-estuary/3151864002/

320 apartments planned for 20 acres of vacant lot in southwest Cape Coral

A 320-unit, four-story apartment complex project is in the permitting phase in southwest Cape Coral. Read More News-Press www.news-press.com/story/news/local/2019/03/11/320-apartments-planned-20-acres-vacant-lot-cape-coral/3084021002

For homebuilders, ‘the next few months are big’

Sales of newly built homes fell in January, but builder sentiment jumped, according to the National Association of Home Builders Read More CNBC https://www.cnbc.com/2019/03/14/for-homebuilders-the-next-few-months-are-big.html

Homebuilding spiked in Orlando last year to the highest level in more than a decade

Orlando home building hit the highest levels in more than a decade in 2018, with construction crews starting work on nearly 29,000… Read More Orlando Sentinel https://www.orlandosentinel.com/business/consumer/os-bz-new-home-construction-20190314-story.html

3/15: MetroIntelligence Economic Update by P. DUFFY

January new home sales fell 6.9 percent from December and 4.1 percent year-on-year Sales of new single-family houses in January 2019 were at a seasonally adjusted annual rate of 607,000. This is 6.9 percent below the revised December rate of 652,000 and is 4.1 percent below the January 2018 estimate of 633,000. READ MORE Producer Price Index edged up 0.1 percent in February, rose 1.9 percent year-on-year The Producer Price Index for final demand edged up 0.1 percent in February, after falling by the same amount in both January and…

America’s lightbulb revolution has made major gains in energy savings

The shift has driven down electricity demand in U.S. homes, saving consumers money and cutting greenhouse gas emissions…. Read More The Bulletin https://www.bendbulletin.com/business/7004806-151/americas-lightbulb-revolution-has-made-major-gains-in

Money Talks: US Clean Energy Jobs Outnumber Fossil Fuel Jobs 3-to-1

One relatively new factor driving clean energy jobs in the buildings and construction sector is the growth of energy efficiency-as-a-service… Read More Clean Technica https://cleantechnica.com/2019/03/14/money-talks-us-clean-energy-jobs-outnumber-fossil-fuel-jobs-3-to-1/