Uncategorized Archives - Residential Contractor

1/5: MetroIntelligence Economic Update by P. DUFFY

MetroIntelligence Economic Update by P. DUFFY Construction spending up 0.9 percent in November and 3.8 percent year-on-year Construction spending during November 2020 was estimated at a seasonally adjusted annual rate of $1,459.4 billion, up both 0.9 percent from October and 3.8 percent year-on-year. During the first eleven months of this year, construction spending amounted to $1,314.1 billion, 4.4 percent higher than the same period in 2019. https://www.census.gov/construction/c30/pdf/release.pdf December global economic index indicates continued growth, but supply chains stretched The December J.P.Morgan Global Manufacturing Purchasing Managers Index (PMI) was unchanged…

6 Designer-Approved Tips For A Home Office Layout That’s More WFH-Friendly

6 Designer-Approved Tips For A Home Office Layout That’s More WFH-Friendly With remote work and virtual school being the norm for families across the United States, the home office has become one of the most important, and most coveted, rooms of the house… Read More House Beautiful https://www.housebeautiful.com/room-decorating/home-library-office/a34826494/6-designer-tips-home-office-wfh-friendly/

How COVID-19 Is Influencing Home Design

How COVID-19 Is Influencing Home Design Boulder-based architects reflect on how COVID-19 has shifted the area’s design community toward a values-based approach… Read More 5280 https://www.5280.com/2020/12/how-covid-19-is-influencing-home-design/

Multifamily Market Sentiment Improves in the Third Quarter

Multifamily Market Sentiment Improves in the Third Quarter Confidence in the multifamily housing market continued to recover from its 1st quarter trough, with the Multifamily Production Index rising to 48 in the third quarter… Read More Eye On Housing http://eyeonhousing.org/2020/11/multifamily-market-sentiment-improves-in-the-third-quarter/

Retirees consider earlier moves to senior living in hot sellers’ market

Retirees consider earlier moves to senior living in hot sellers’ market While 2020 has certainly presently presented its share of challenges, the residential real estate community is enjoying a hot sellers’ market… Read More The Delaware County Daily Times https://www.delcotimes.com/lifestyle/retirees-consider-earlier-moves-to-senior-living-in-hot-sellers-market/article_a4bb950b-6522-5e6c-aaa8-f7e8d08fe17c.html

U.S. housing starts blow past expectations; COVID-19 poses risk

U.S. housing starts blow past expectations; COVID-19 poses risk For the month of October, U.S. homebuilding increased due to low mortgage rates but could slow down momentum to a resurgence in new COVID-19 cases… Read More Reuters https://www.reuters.com/article/us-usa-economy-housingstarts/u-s-housing-starts-beat-expectations-in-october-idUSKBN27Y1U2

Arizona builder has three new rental home projects on the way in Fort Worth area

Arizona builder has three new rental home projects on the way in Fort Worth area NexMetro Communities, an Arizona-based builder, will open a new community in Forth Worth Texas this month and has two more communities under construction… Read More The Dallas Morning News https://www.dallasnews.com/business/real-estate/2020/11/17/arizona-builder-has-three-new-rental-home-projects-on-the-way-in-fort-worth-area/

11/17: MetroIntelligence Economic Update by P. DUFFY

MetroIntelligence Economic Update by P. DUFFY Home prices up 15 percent year-on-year even as sales slowed prior to election During the 4-week period ending November 8, the median home sale price increased 15 percent year over year to $321,553, the highest on record. Pending home sales climbed 31 percent year-on-year even as the number of pending sales continued a typical seasonal decline. Active listings (the number of homes listed for sale at any point during the period) fell 29 percent from 2019 to a new all-time low. https://www.redfin.com/news/housing-market-update-prices-up-sales-slow/ Consumer sentiment…

How to Mix Vintage and Modern Home Design in a Way That Works

How to Mix Vintage and Modern Home Design in a Way That Works Local interior designers give tips on mixing patterns and modern pieces with more vintage finds… Read More Life Hacker https://lifehacker.com/how-to-mix-vintage-and-modern-home-design-in-a-way-that-1845606826

The 8 best interior design shows to stream this fall, winter

The 8 best interior design shows to stream this fall, winter With temperatures dropping and so many of us staying home, it’s easy to binge-watch design shows to find some inspiration for our own homes — and as an escape… Read More St. Louis Post-Dispatch https://www.stltoday.com/entertainment/television/the-8-best-interior-design-shows-to-stream-this-fall-winter/article_efde05cd-a2ed-5895-9872-e3056d9cd1d1.html