New Homes, Community Park in North Hanford

New Homes, Community Park in North Hanford Homes are priced in the $450,000 to $500,000 range for house sizes ranging from approximately 1,500 square feet to almost 2,300 square feet according to the price sheets available at the model homes on site. Read More The Hanford Sentinel https://hanfordsentinel.com/news/local/new-homes-community-park-going-up-in-north-hanford/article_7d6660f4-9a66-508d-b7b2-2a61e1dd25e6.html

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New Home Sales Plunge in June on Rising Affordability Woes

New Home Sales Plunge in June on Rising Affordability Woes New home sales in June fell to the lowest level since April 2020, reflecting declining builder sentiment as construction bottlenecks continue to slow new home building and raise housing costs. Read More NAHB https://www.nahb.org/news-and-economics/press-releases/2022/07/new-home-sales-plunge-in-june-on-rising-affordability-woes

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7/28/2022 – MetroIntelligence Economic Update by P. DUFFY

MetroIntelligence Economic Update by P. DUFFY New home sales fall 8.1 percent in June and 17.4 percent year-on-year New home sales of single-family homes fell 8.1% in June and 17.4% year-on-year to an annual rate of 590,000, the lowest since April 2020. Months of supply rose to 9.3 months in June vs. 8.4 in May and 5.8 months in June of 2021. The median sales price fell to $402,400 in June, the lowest since June 2021. The average sales price fell to $456,800, also the lowest since June 2021. https://www.census.gov/construction/nrs/pdf/newressales.pdf…

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Biden-Harris Administration Launches $225 Million Program to Lower Utility Bills Through More Efficient Building Codes

Biden-Harris Administration Launches $225 Million Program to Lower Utility Bills Through More Efficient Building Codes Bipartisan Infrastructure Law funds state and local implementation of latest building energy codes to generate as much as $138 billion in savings for homes and businesses Read More Department of Energy https://www.energy.gov/articles/biden-harris-administration-launches-225-million-program-lower-utility-bills-through-more

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KB Home Becomes First National Homebuilder to Commit to EPA’s Highest Water-efficiency Standards in Drought-stricken Arizona, California and Nevada

KB Home Becomes First National Homebuilder to Commit to EPA’s Highest Water-efficiency Standards in Drought-stricken Arizona, California and Nevada Homebuilder’s commitment to building EPA WaterSense labeled homes further expands the company’s industry-leading sustainability practices. Read More KB Home https://news.kbhome.com/press-releases/news-details/2022/KB-Home-Becomes-First-National-Homebuilder-to-Commit-to-EPAs-Highest-Water-efficiency-Standards-in-Drought-stricken-Arizona-California-and-Nevada/default.aspx

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Pulte Homes Begins Construction of Luxury Townhome Model in Sonoma Oaks

Pulte Homes Begins Construction of Luxury Townhome Model in Sonoma Oaks Pulte received the Florida Green Building Coalition’s top honor as 2020 Builder of the Year, recognizing the company’s commitment to green-building standards, sustainability, energy efficiency and healthier homes. Read More Naples News https://www.naplesnews.com/story/money/real-estate/2022/07/23/pulte-homes-begins-construction-luxury-townhome-model-sonoma-oaks/10094352002/

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Colorado Home Builder Announces New Approach to Reduce the Carbon Footprint

Colorado Home Builder Announces New Approach to Reduce the Carbon Footprint This pioneering construction method focuses on reducing the embodied and operational carbon of the homes Thrive builds. The result is delivering a home that lessens the harsh impacts of carbon on the… Read More PR Newswire https://www.prnewswire.com/news-releases/colorado-home-builder-announces-groundbreaking-building-approach-to-reduce-the-carbon-footprint-while-improving-the-impacts-of-climate-change-301591460.html

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