Confidence in the U.S. Housing Market Reaches Highest Level Since 2022

Confidence in the U.S. Housing Market Reaches Highest Level Since 2022 Consumer sentiment about housing rose in January to the highest level in nearly two years, as people felt more confident about their jobs and expected mortgage rates to fall. Read More Market Watch https://www.marketwatch.com/story/confidence-in-u-s-housing-market-reaches-highest-level-since-march-2022-5e04bef4?mod=mw_latestnews

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02/02/2024 – MetroIntelligence Economic Update by P. DUFFY

MetroIntelligence Economic Update by P. DUFFY   Case-Shiller Index falls 0.2 percent in November but up 5.1 percent year-on-year For the first time since January 2023, the U.S. National S&P CoreLogic Case-Shiller Index and 20-City Composite posted 0.2% month-over-month decreases in November, while the 10-City Composite posted a 0.1% decrease. Year-over-year the national index reported a 5.1% annual gain in November, up from a 4.7% rise in the previous month. https://www.spglobal.com/spdji/en/index-announcements/article/sp-corelogic-case-shiller-index-upward-trend-decelerates-in-november/   Buying in California and Hawaii can cost up to 60% or more of local per-capita incomes The most…

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Austin, Texas Will Now Allow More Homes To Be Built on Single-Family Lots

Austin, Texas Will Now Allow More Homes To Be Built on Single-Family Lots Amid a housing affordability crisis, the Austin City Council voted Thursday to allow the construction of more homes on single-family lots in a major bid to put more housing units… Read More Route-Fifty https://www.route-fifty.com/infrastructure/2023/12/austin-will-now-allow-more-homes-be-built-single-family-lots/392591/

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Clayton Introduces First CrossMod® Homes in Atlanta

Clayton Introduces First CrossMod® Homes in Atlanta CrossMod homes combine off-site construction with site-built features, making them indistinguishable from a traditional site-built home. Read More Cision https://www.prnewswire.com/news-releases/clayton-introduces-first-crossmod-homes-in-atlanta-showcasing-how-flexible-zoning-policies-can-promote-attainable-homeownership-in-urban-areas-302005320.html

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How States Can Unlock Equitable Electrification With IRA Home Rebates

How States Can Unlock Equitable Electrification With IRA Home Rebates U.S. states, territories and tribes are now able to apply for Inflation Reduction Act home energy rebate programs, after the Department of Energy released program guidelines and application instructions in the summer of 2023. Read More USGBC https://www.usgbc.org/articles/how-states-can-unlock-equitable-electrification-ira-home-rebates

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Absorption of New Multifamily Units Rises as Completions Near 100K in Second Quarter of 2023

Absorption of New Multifamily Units Rises as Completions Near 100K in Second Quarter of 2023 The most recent release of the Census Bureaus’ Survey of Market Absorption of New Multifamily Units reported that of the 99,290 unfurnished, unsubsidized apartments completed… Read More Eye On Housing https://eyeonhousing.org/2023/11/absorption-of-new-multifamily-units-rises-as-completions-near-100k-in-second-quarter-of-2023/

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Builders Make SunPower Solar a Standard Feature for New Homes

Builders Make SunPower Solar a Standard Feature for New Homes SunPower announced it signed deals with four new home builders for solar standard communities across the country, signaling a rising prioritization of more sustainable, reliable, and affordable energy in new home… Read More PZBUZZ https://pvbuzz.com/builders-make-sunpower-solar-a-standard-feature-for-new-homes/

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KB Home Announces the Grand Opening of Two New Communities in the Desirable Southtown Master Plan in Vacaville, California

KB Home Announces the Grand Opening of Two New Communities in the Desirable Southtown Master Plan in Vacaville, California KB Home announced the grand opening of Sagebrush and Sweetbay at Magnolia Park, two new communities in the desirable Southtown master plan in Vacaville, California. The new homes… Read More Joplin Globe https://www.joplinglobe.com/region/national_business/kb-home-announces-the-grand-opening-of-two-new-communities-in-the-desirable-southtown-master/article_a4343283-2589-5e5f-b192-630402bfd9c9.html

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