Month: February 2024

New Mill Creek Residential Apartment Community Opens in West Dallas Developed by Mill Creek Residential, the seven-story apartment complex, Modera Trinity, is located on North Beckley Avenue near West Commerce. Read More Dallas Express https://dallasexpress.com/realestate/new-apartment-community-opens-in-west-dallas/

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Copperhaven by Toll Brothers, a New Luxury Home Community, is Coming to West Jordan, Utah Luxury community will offer 21 single-family homes located in a vibrant neighborhood with mountain views, convenient amenities, and recreation opportunities. Read More GlobeNewswire https://www.globenewswire.com/news-release/2024/02/28/2837374/0/en/Copperhaven-by-Toll-Brothers-a-New-Luxury-Home-Community-is-Coming-Soon-to-West-Jordan-Utah.html

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Single-Family Starts will Rise in 2024 but Supply-Side Challenges Persist While higher interest rates pushed single-family starts down in 2022 and 2023, production should move on a gradual upward path in 2024 as the Federal Reserve is on track to cut rates during… Read More NAHB https://www.nahb.org/news-and-economics/press-releases/2024/02/single-family-starts-will-rise-in-2024

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Young Adults Living with Parents: State Differences Geospatial analysis of the 2022 ACS data reveals substantial differences across states, with the Southern and Northeastern states registering some of the highest shares of young adults remaining… Read More Eye On Housing https://eyeonhousing.org/2024/02/young-adults-living-with-parents-state-differences/

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New Listings Post Biggest Uptick In Nearly 3 Years, But Buyers Show Restraint as Rates Rise New listings of U.S. homes for sale rose 13% year over year during the four weeks ending February 25, the biggest increase in nearly three years. Total inventory is also improving… Read More Redfin https://www.redfin.com/news/housing-market-update-new-listings-increase-pending-sales-decline/

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White House Calls for $20B Maritime Infrastructure Investment, Domestic Crane Production The White House announced a multi-billion dollar maritime infrastructure plan that would restart the domestic production of container cranes to address the cybersecurity threat from Chinese-made… Read More U.S. Naval Institute https://news.usni.org/2024/02/22/white-house-calls-for-20b-maritime-infrastructure-investment-domestic-crane-production

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KB Home Announces the Grand Opening of Its Newest Community, in Riverside, California The new homes are designed for how people live today, with popular interior features like modern kitchens overlooking large great rooms, bedroom suites with walk-in closets, and… Read More Finance Yahoo! https://finance.yahoo.com/news/kb-home-announces-grand-opening-221700655.html

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7 Inspiring Design Trends Houzz, the leading home remodeling and design platform, recently announced their winners of the 2024 Best of Houzz awards, a “people’s choice award” for the most outstanding professionals… Read More Real Simple https://www.realsimple.com/2024-best-of-houzz-award-winners-trends-8599996

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Labor Shortages Eases With home building volumes lower, labor shortages have eased considerably since record levels set in 2021 but remain relatively widespread in a historical context, according to results from the… Read More Eye on Housing https://eyeonhousing.org/2024/02/labor-shortages-ease-but-remain-worse-than-in-the-last-boom/

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Is the Plus-5% Mortgage Rate Environment Here to Stay? Much has been made in recent months of surging US interest rates, with higher borrowing costs helping significantly cool the housing and mortgage markets – but should mortgage shoppers… Read More MPA https://www.mpamag.com/us/mortgage-industry/market-updates/is-the-plus-5-mortgage-rate-environment-here-to-stay/478695

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