Green, Affordable Housing For Seniors, Designed by RKTB

Green, Affordable Housing For Seniors, Designed by RKTB The new residence meets Enterprise Green Communities Criteria, a comprehensive green building framework specifically for affordable housing. Read More Real Estate Weekly https://rew-online.com/green-affordable-housing-for-seniors-designed-by-rktb-opens-doors-on-former-site-of-iconic-church/

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Builder Confidence Underwater After Falling for Eighth Consecutive Month

Builder Confidence Underwater After Falling for Eighth Consecutive Month Builder confidence in the market for newly built single-family homes fell six points in August to 49, marking the first time since May 2020 that the index fell below the key break-even measure of 5o. Read More NAHB https://www.nahb.org/news-and-economics/press-releases/2022/08/builder-confidence-underwater-after-falling-for-eighth-consecutive-month

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Follow the New Official Builder and Developer Facebook Page!

Follow the New Official Builder and Developer Facebook Page! The brand new official Builder and Developer Facebook page is now live! Follow to get daily news updates, new features and columns contributed from leaders in the homebuilding industry. Read More Builder and Developer Magazine https://www.facebook.com/Builder-and-Developer-109835771820850

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Rising Mortgage Rates Making Home Buying Harder

Rising Mortgage Rates Making Home Buying Harder The Rio Grande Valley was already struggling with housing affordability, and now higher mortgage interest rates are making it worse. Read More My RGV News https://myrgv.com/local-news/2022/08/13/tough-market-rising-mortgage-rates-making-homebuying-harder/

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Corporate Investors Swoop into Bartholomew County’s Housing Market

Corporate Investors Swoop into Bartholomew County’s Housing Market Real estate analysts say the recent influx of institutional investors in Bartholomew County’s housing market reflects a trend that has been playing out across the United States as an “unprecedented housing market” has fueled the companies’ appetite for single-family homes. Read More The Republic https://www.therepublic.com/2022/08/14/squeezed-out-corporate-investors-swoop-into-bartholomew-countys-housing-market/

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MetroIntelligence Economic Update by P. DUFFY

MetroIntelligence Economic Update by P. DUFFY August consumer sentiment index up 7.0 percent from July but down 21.6 percent year-on-year Consumer sentiment moved up very slightly in August to about 5 index points above the all-time low reached in June. All components of the expectations index improved this month, particularly among low and middle income consumers for whom inflation is particularly salient. The year-ahead economic outlook rose substantially to just above its average reading from the second quarter 2022, while the two other expectations index components remain at or below…

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U.S. Furniture Glut Emerging as Demand Falls, Housing Market Slows

U.S. Furniture Glut Emerging as Demand Falls, Housing Market Slows U.S. consumers looking to furnish their homes or apartments with new dining- and living-room sets may want to hold off for a while longer. Read More Bloomberg https://www.bloomberg.com/news/articles/2022-08-10/us-furniture-glut-emerging-as-demand-falls-housing-market-slows#xj4y7vzkg

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Why Home Prices Can Stay High, Complicating the Fed’s Battle Against Inflation

Why Home Prices Can Stay High, Complicating the Fed’s Battle Against Inflation Sky-high housing prices still threaten to complicate the Federal Reserve’s inflation fight, even as America’s market for single-family homes shows signs of cooling in response to sharply higher interest rates. Read More Market Watch https://www.marketwatch.com/story/why-home-prices-can-stay-high-complicating-the-feds-battle-against-inflation-11660170245

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