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…
Read MoreHere’s What Luxury Buyers Want in a Home in 2024, According to a New Report
Here’s What Luxury Buyers Want in a Home in 2024, According to a New Report High-end shoppers are after sustainable residences and properties with hotel-like amenities. Read More Robb Report https://robbreport.com/shelter/home-design/what-luxury-buyers-want-in-home-1235469961/
Read MoreAustin, 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/
Read MoreClayton 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
Read MoreHow 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
Read MoreAbsorption 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/
Read MoreBuilders 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/
Read MoreKB 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
Read MoreStriking Subway-Tiled Surfaces Trends for New Homes
Striking Subway-Tiled Surfaces Trends for New Homes A jewel-toned red and blue shower room and a pink bathroom in a hotel designed for musician Pharrell Williams feature in this lookbook, which roundsup bathrooms lined with metro and… Read More Dezeen https://www.dezeen.com/2023/10/22/subway-metro-tile-bathroom-interiors-lookbooks/
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