Author: BrianAnthony

MetroIntelligence Economic Update by P. DUFFY   New home sales fall 12.6 percent in July and 29.6 percent year-on-year July new home sales fell to their lowest annualized level since Jan. 2016 (511k), while months of inventory rose to the highest since March 2009 (10.9 months). July’s sales were down 12.6 percent from June and 29.6 percent year-on-year. The estimate of new houses for sale at the end of July was 464,000, the highest since March 2008 and up 28 percent year-on-year. While average and median home prices of new…

Lennar Introduces Daybreak Master-Planned Community with Long-Awaited Grand Opening Event Homes at Daybreak range from 1,464 to 3,183 square feet, with two to five bedrooms and two to three baths. Read More Lennar https://newsroom.lennar.com/2022-08-18-LENNAR-INTRODUCES-DAYBREAK-MASTER-PLANNED-COMMUNITY-WITH-LONG-AWAITED-GRAND-OPENING-EVENT

FACT SHEET: How the Inflation Reduction Act Builds a Better Future for Young Americans Overall, the law puts America on track to meet the President’s climate goals, which will save every family an average of $500 per year on their energy bill Read More The White House https://www.whitehouse.gov/briefing-room/statements-releases/2022/08/16/fact-sheet-how-the-inflation-reduction-act-builds-a-better-future-for-young-americans/

White House Says Climate Law To Lead To 100,000 Rooftop Solar Installations In Alabama The bill includes funding for tax credits covering 30% of the costs of installing solar panels and battery storage systems for individual homes, businesses and community solar projects. Read More AL https://www.al.com/news/2022/08/white-house-says-climate-law-to-lead-to-100000-rooftop-solar-installations-in-alabama.html

KB Home Announces the Grand Opening of Centrella Villas All new KB homes are designed to deliver an enhanced indoor environment and include high performance ventilation systems, low- or zero-VOC products and other features guided by the EPA’s Indoor airPLUS standards. Read More The Joplin Globe https://www.joplinglobe.com/region/national_business/kb-home-announces-the-grand-opening-of-centrella-villas-a-new-home-community-in-fresno/article_3f0df95d-c325-55cb-a6f6-79339ca8491d.html

‘Bioconstruction’ Will Build Homes Out of Flowering, 3D-Printed Dirt Scientists have figured out how to build living structures out of extruded soil. Read More Fast Company https://www.fastcompany.com/90780034/bioconstruction-will-build-homes-out-of-flowering-3d-printed-dirt

Governor Hochul Announces Groundbreaking of $33M Affordable Housing Development Three Mile Harbor will be green certified under Enterprise Green Communities Criteria 2020 and Energy Star Certified Homes V 3.1, with the development utilizing ENERGY STAR appliances… Read More Governor Hochul https://hcr.ny.gov/news/governor-hochul-announces-groundbreaking-33-million-affordable-housing-development-east

Building Low-Carbon Hemp Homes Building new structures from low-carbon and renewable resources is gaining significant attention both within the construction industry and wider society. Read More AZO Build https://www.azobuild.com/article.aspx?ArticleID=8561

New Apartments at 50-Year High May Ease Pressure on U.S. Rents A jump in apartment construction in the US may help provide some relief to renters who’ve faced soaring prices — eventually. Read More Bloomberg https://www.bloomberg.com/news/articles/2022-08-22/new-apartments-at-50-year-high-may-ease-pressure-on-us-rents#xj4y7vzkg