149-Unit Courthouse Square Luxury Apartment Community

149-Unit Courthouse Square Luxury Apartment Community The property is LEED Silver certified with high-end, modern finishes such as kitchens with stainless steel appliances, quartz countertops and islands and subway tile backsplashes; nine-foot ceilings… Read More Multifamily Biz https://www.multifamilybiz.com/news/10451/jvm_realty_acquires_149unit_courthouse_square_luxu…

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2/14/2023 – MetroIntelligence Economic Update by P. DUFFY

MetroIntelligence Economic Update by P. DUFFY Consumer sentiment edges up 2.3 percent but still down 5.7 percent year-on-year Consumer sentiment was essentially unchanged at 1.5 index points above January. Recent developments in the economy, both positive and negative, have led to mixed attitudes among consumers with little net change in February. After three consecutive months of increases, sentiment is now 6% above a year ago but still 14% below two years ago, prior to the current inflationary episode. Overall, high prices continue to weigh on consumers despite the recent moderation…

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Boosting Housing Production is Best Way to Ease the Affordability Crisis

Boosting Housing Production is Best Way to Ease the Affordability Crisis The primary challenge of the housing market is a lack of attainable, affordable housing in both the single-family and multifamily markets stemming from a lack of construction over the prior… Read More NAHB https://www.nahb.org/news-and-economics/press-releases/2023/02/boosting-housing-production-is-best-way-to-ease-the-affordability-crisis

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Biden Adds ‘Buy America’ Construction Rules for Lumber

Biden Adds ‘Buy America’ Construction Rules for Lumber The White House said its proposed guidance sets domestic manufacturing standards for construction materials, including plastic and polymer-based products, glass, lumber, and drywall. Read More Bloomberg Law https://news.bloomberglaw.com/daily-labor-report/biden-adds-buy-america-construction-rules-for-lumber-plastic

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