MARKET DATA: A Sure Sign That Housing Is Getting Back on Track
ECONOMY: Leading Builders Join Forces with Unions
FINANCE: NVR, Inc. Announces First Quarter Results
GREEN HOMEBUILDING: K. Hovnanian High Performance Homes provide Eco-Friendly Energy Efficiency.
Builder Confidence Rose One Point to 47 in April
Nahb.org Washington, D.C. - Builder confidence in the market for newly built, single-family homes rose one point to 47 in April from a downwardly revised March reading of 46.
Leading Economic Index Rose Sharply in March
The Leading Economic Index rose again for the third straight month. After a winter pause, the leading indicators are gaining momentum and economic growth is gaining traction.
Builder Confidence Rose One Point to 47 in April
Builder confidence in the market for newly built, single-family homes rose one point to 47 in April from a downwardly revised March reading of 46.
March Housing Starts Up by 2.8 Percent from February but Down 5.9 Percent over Past Year
Privately-owned housing starts in March were at a seasonally adjusted annual rate of 946,000. This is 2.8 % above the February estimate of 920,000, but is 5.9 % below the March 2013 rate.
March Building Permits Down by 2.4 Percent from February but Up 11.2 Percent over Last Year
Privately-owned housing units authorized by building permits in March were at a seasonally adjusted annual rate of 990,000.
Industrial Production Continued to Rise in March
Industrial production increased 0.7 percent in March after having advanced 1.2 percent in February. Industrial production moved up at an annual rate of 4.4 percent.
The MetroIntelligence Economic Update is provided to BuilderBytes by MetroIntelligence Real Estate & Economic Advisors.
A Sure Sign That Housing Is Getting Back on Track
Alexandria, VA -- Recent data suggests that the U.S. real estate market may finally be back on solid ground. Foreclosures are now at the lowest level since 2007.
Back Interview with Richard Douglass
Southern CA -- Richard Douglass is the Division President for Ryland Homes, where he is responsible for the company's homebuilding and real estate operations in Southern California.
Homebuilder UCP's Major Eat Coast-to-West Coast Growth Plans
Charlotte, NC -- When San Jose-based homebuilder UCP acquired Citizens Homes of North Carolina last month, it marked a turning point for the 10-year-old company.
Housing Market May Gain Momentum through the Summer
Columbus, OH -- A strong start to the home-selling season has Columbus-area real estate professionals hopeful the momentum will continue through the summer.
Pulte Homes making major push in Northeast Ohio
Twinsburg, OH - Pulte is opening five new communities from Mentor to Avon, Ohio, and it's making a big bet on the market's empty-nester segment.
Leading Builders Join Forces with Unions
St. Louis, MO -- A group of St. Louis' largest home builders has announced a new incentive program that focuses on putting people back to work and giving consumers a great deal.
Construction Jobs Have Grown Fast in California
Los Angeles, CA -- A robust housing market and a wave of new high-rises have improved job prospects for construction workers in the state.
NVR, Inc. Announces First Quarter Results
RESTON, VA -- NVR, Inc.,one of the nation's largest homebuilding and mortgage banking companies, announced net income for its first quarter ended March 31, 2014 of $23,849,000.
Neal Communities Breaks Ground on New Models at Silverleaf
Parrish, FL -- Neal's newest community in Manatee County, Silverleaf, recently broke ground on its first two models, there are five more models before the grand opening in late summer.
Oregon OK's Agreement for Future Development
Oregon, CA - Oregon council authorized the mayor and finance director to enter into an agreement with the Oregon Economic Development Foundation for future land development.
Economic Hope Seen in North Las Vegas Master Planned Community
Las Vegas, NV -- The 15,000 home development is the largest master planned community set to visit the Las Vegas Valley since the start of the Great Recession.
Housing Relief in the Works
Sarasota, FL -- A growing regional affordable housing problem could see some temporary relief if state lawmakers strike a deal this spring.
Dozens of Affordable Housing Unites Planned for Morrisania
Morrisania, NY -- SoBRO Development Corporation was recently awarded $1.2 million from the state to help construct a building with 95 units of affordable housing in Morrisania.
Inside the Country's First Multi-Family Affordable Passive House Apartments
Bushwick, NY -- The country's first multi-family affordable apartment complex built to strict passive house environmental standards has opened in Bushwick.
K. Hovnanian High Performance Homes provide Eco-Friendly Energy Efficiency.
Orange County, CA - All K. Hovnanian homes and communities are designed with their homebuyers needs in mind and reflect the way families and individuals live today.
Sustainable and Energy Efficient: Local Builders Embrace Green Building Techniques
Munster, IN Green building expands and complements the classical building design concerns of economy, utility, durability and comfort.
Sustainable Housing an Evolving Term for Architects
Los Angeles, CA -- Designing multiuse spaces and upcycling urban buildings for loft dwellings are among growing trends in the green movement.
Renewable Choice Energy to Offer Green-e Climate Certified Offsets for LEED v4
Boulder, CO -- Renewable Choice Energy announced that it has joined Green-e Climate and can now provide certified carbon offsets to green building projects under new guidelines.
Green Lending Provides Variety
Washington, D.C.--Many credit unions have found that green loans for energy efficiency or solar projects are good for business, according to a new Filene report.
Company Wants to Develop Senior Housing Complex in Leesburg
Leesburg, FL -- Lee County approved a rezoning request from Mossy Dell Inc. that may lead to the construction of a 50-unit apartment community inside the City of Leesburg.
Developers Eye Hotel Conversions as Next Senior Living Opportunity
Austin, TX -- Senior housing development continues to take cues from the hospitality industry, the conversion projects that transform defunct hotels into senior living communities.
Peninsula Publishing | 1602 Monrovia Ave. | Newport Beach, CA 92663