MetroIntelligence Economic Update by P. DUFFY New home sales rise 10.7 percent in May but down 5.9 percent year-on-year Sales of new single‐family houses in May 2022 were at a seasonally adjusted annual rate of 696,000. This is 10.7 percent above the revised April rate of 629,000, but is 5.9 percent below the May 2021 estimate of 740,000. The seasonally‐adjusted estimate of new houses for sale at the end of May was 444,000. This represents a supply of 7.7 months at the current sales rate. https://www.census.gov/construction/nrs/pdf/newressales.pdf Final May…
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New Trends in Retirement Living
New Trends in Retirement Living Older 55+ communities are wooing residents back with wellness, nature and cultural connections Read More Next Avenue https://www.nextavenue.org/new-trends-in-retirement-living/
Read MoreNew High Performance Single-Family Homes Coming to Kissimmee
New High Performance Single-Family Homes Coming to Kissimmee Landsea Homes Corporation announced that it closed on 103 homesites in Kissimmee to be part of the Storey Creek master-planned community. Read More West Orlando News https://westorlandonews.com/new-high-performance-single-family-homes-coming-to-kissimmee/
Read MoreKB Home Announces the Grand Opening of Two New-Home Communities at the Company’s Highly Desirable Shadow Mountain Master Plan
KB Home Announces the Grand Opening of Two New-Home Communities at the Company’s Highly Desirable Shadow Mountain Master Plan Homebuilder’s Oak Shade and Durango communities feature spacious single-family homes in Menifee, California Read More KB Home https://news.kbhome.com/press-releases/news-details/2022/KB-Home-Announces-the-Grand-Opening-of-Two-New-Home-Communities-at-the-Companys-Highly-Desirable-Shadow-Mountain-Master-Plan/default.aspx
Read More757 New Homes Coming to Tustin, Irvine, Silverado
757 New Homes Coming to Tustin, Irvine, Silverado Builders Brookfield, Irvine Pacific and Tri Pointe get busy Read More OC Register https://www.ocregister.com/2022/06/25/757-new-homes-coming-to-tustin-irvine-silverado/
Read MoreArizona Will Spend $60 Million on New Housing Assistance Programs
Arizona Will Spend $60 Million on New Housing Assistance Programs The money will be used to develop affordable housing and support other housing and homelessness programs. Read More Axios https://www.axios.com/local/phoenix/2022/06/24/arizona-spend-60-million-new-housing-assistance-programs
Read More6/24/2022 – MetroIntelligence Economic Update by P. DUFFY
MetroIntelligence Economic Update by P. DUFFY June economic output index slips again to 51.2, manufacturing sector declining The headline Flash US PMI Composite Output Index registered 51.2 in June, down from 53.6 in May. The decline in the index reading signaled further easing in the rate of expansion in business activity to a pace notably slower than March’s recent peak. Although service providers continued to indicate a rise in output, it was the weakest increase for five months. Manufacturers fared worse, with factory production slipping into decline as the respective…
Read MorePainting Tricks to Make Rooms Look Double the Size
Painting Tricks to Make Rooms Look Double the Size Using paint to make a room appear larger is much simpler than you may expect. Being mindful of color is the key… Read More The Sun https://www.thesun.com/fabulous/18971924/interior-design-paint-tricks-small-space-larger-home/
Read MoreLennar Unveils San Antonio-Area Affordable Housing Community With ‘texas Charm’
Lennar Unveils San Antonio-Area Affordable Housing Community With ‘texas Charm’ Growth continues to hit the Hill Country and residents in Seguin now have a new place to call home. Navarro Ranch celebrated its grand opening as the latest affordable housing community from Lennar. Read More My San Antonio https://www.mysanantonio.com/realestate/article/Hill-Country-affordable-housing-Lennar-Seguin-17257774.php
Read MoreAegis Living Opens 35th Community, in Seattle
Aegis Living Opens 35th Community, in Seattle Bellevue, WA-based Aegis Living has opened its 35th senior living community, in the heart of Northwest Seattle. Aegis Living Greenwood offers assisted living, memory care and respite care. Read More McKnight Senior Living https://www.mcknightsseniorliving.com/home/news/business-daily-news/aegis-living-opens-35th-community-in-seattle/
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