Housing Wire

MARCH 8, 2024

The national unemployment rate ticked up for the first time in four months to 3.9%, its highest level since January 2022, but still below the full employment rate of 4%. Job gains occurred mainly in health care, government, food services, social assistance, transportation and warehousing. month over month to $34.57 and were up 4.3%

Transportation 475

Transportation Retail Housing Market Construction 475

Housing Wire

JUNE 2, 2023

since March 2022. Even though the pace of layoffs has picked up, many businesses, particularly in transportation, healthcare, and hospitality, continue to have strong demand for workers,” Mike Fratantoni , the Mortgage Bankers Association’s chief economist, said in a statement. The unemployment rate has remained between 3.4%

Construction 396

Construction Real Estate Housing Market Transportation 396

Housing Wire

AUGUST 29, 2024

However, increased density presents challenges, such as the need for adequate infrastructure, transportation, and public services. At HVPG, we recently completed a renovation at a senior living facility in Jersey City, a city experiencing rapid growth with almost 30% of its current population arriving in 2021 or 2022.

Renovations 457

Renovations Development Transportation Construction 457

Housing Wire

JANUARY 19, 2023

High inflation has reduced consumers’ purchasing power, which has led to weakened sales and construction across all 12 Federal Reserve districts. Housing markets continued to weaken, with sales and construction declining across [all 12 Federal Reserve] districts,” according to the Federal Reserve Beige Book released on Wednesday.

Inventory 447

Inventory Housing Market Marketing Construction 447

Housing Wire

DECEMBER 2, 2022

Employment in the construction industry was up by 20,000 jobs from October, thanks to large gains in nonresidential building (up 8,200 jobs) and residential specialty trade contractors (up 6,500 jobs). million in March 2022 to 10.3 Meanwhile, 4 million people quit their jobs during the month, looking for better employment.”.

Transportation 448

Transportation Real Estate Construction Retail 448

Housing Wire

SEPTEMBER 1, 2023

Employment continued to trend up in health care, leisure and hospitality, social assistance, and construction. Employment in transportation and warehousing declined. Wage growth has been slowing down since January of 2022. percent, the U.S. Bureau of Labor Statistics reported today.

Transportation 491

Transportation Marketing Construction Housing Market 491

Housing Wire

JUNE 3, 2022

Some Americans believed we entered a recession at the start of 2022; however, the jobs report for May came in at 390,000, dashing any hopes that this was the case and starting their weekend on a foul note. Notable job gains occurred in leisure and hospitality, in professional and business services, and in transportation and warehousing.

Construction 529

Construction Retail Transportation Marketing 529

Housing Wire

JUNE 2, 2023

Job gains occurred in professional and business services, government, health care, construction, transportation and warehousing, and social assistance. In theory, 2022 and 2023 are tight labor markets and wage growth is slowing down. Hours worked have fallen in the last few months, and wage growth is slowing.

Marketing 470

Marketing Transportation Construction Government 470

Housing Wire

NOVEMBER 28, 2022

did not go into a recession at the start of 2022. The downturn in the LEI reflects consumers’ worsening outlook amid high inflation and rising interest rates, as well as declining prospects for housing construction and manufacturing. In addition, prices paid for transportation of products from China to the U.S.

Transportation 538

Transportation Construction Housing Market Mortgage 538

Housing Wire

MAY 6, 2022

string of positive job revisions we’ve seen this year ended with a negative 39,000 print; however, the job report was solid and continued the trend of good reports in 2022. The unemployment rate is at 3.6%, and we are getting closer and closer to my forecast of getting all the jobs lost to COVID-19 by September of 2022.

Transportation 393

Transportation Construction Retail Real Estate 393

Appraisal Buzz

MAY 2, 2022

Construction Sites Will Stay on Schedule. construction sites. About $17 billion will be used to strengthen ports that have suffered due to inflation, improving the supply chain for building and construction. You can pay attention to many indicators, but the recent infrastructure bill will reveal the most crucial information.

Real Estate 435

Real Estate Supply Chain Marketing Investing 435

Housing Wire

DECEMBER 3, 2021

My premise is that we should get all the jobs lost to COVID-19 by September of 2022 or earlier. Notable job gains occurred in professional and business services, transportation and warehousing, construction, and manufacturing. With 10 months left until the end of September 2022, let’s see how much progress we need.

Marketing 492

Marketing Retail Transportation Construction 492

Eyes on Housing

SEPTEMBER 15, 2022

through the first eight months of 2022 and 14.3% The PPI for goods inputs to residential construction, including energy, decreased 0.9% The prices of building materials rose 0.5% in August (not seasonally adjusted) even as softwood lumber prices decreased 5.2%, according to the latest Producer Price Index (PPI) report.

Construction 194

Construction Transportation 194

Appraisal Buzz

JUNE 3, 2024

Let me explain — in 2021-2022, many investors purchased properties at high prices, using 2 and 3-year bridge loans. Supply and Demand Dynamics: We are coming off of a construction boom where record numbers of units were built in the aftermath of the pandemic and are delivering now and in the coming months.

Investors 195

Investors Marketing Renovations Real Estate 195

The Robert Weiler Company

APRIL 7, 2023

Construction of new green buildings and green renovation or retrofit projects increase the asset value of buildings by upwards of 9%. According to a January 2022 Bloomberg Intelligence (BI) report , the total assets managed under the umbrella of values-based, socially responsible, and impact investing had grown from $22.8

Real Estate 109

Real Estate Construction Investing Development 109

Eppraisal

JULY 23, 2024

In 2022, the median size of new single-family homes was approximately 2,273 square feet, reflecting a modest increase but still below the peak of 2015. Land prices, construction costs, and regulatory expenses have all increased, making it more expensive to build larger homes. Since then, there has been a gradual decline.

Transportation 36

Transportation Property Taxes Buyers Real Estate 36

Lamacchia Realty

JULY 2, 2024

Their team is experienced in handling everything from packing and transporting to unloading your belongings with the utmost care. This strategic move protects your items from construction-related damage and streamlines the entire renovation process, making it smoother and more efficient.

Renovations 64

Renovations Inspection Transportation Modernization 64

The Robert Weiler Company

APRIL 5, 2023

Almost one-third of new warehouse space for lease is snatched up before the construction project is complete. in Q3 of 2022 and rents increased by 25% year-over-year. Renters are outpacing the construction of industrial units and warehouses. How about access to roads and highways or specific modes of transportation?

Landlords 144

Landlords Tenants Logistics Real Estate 144

Will Springer Realtor

APRIL 14, 2023

Speaking of Europe, major cities – from Porto to Prague – encourage the masses to use public transportation, bikes and walking over the use of vehicles. is working toward reducing the number of parking spaces required in new developments while adding more resources to support walking, cycling and public transport.

Transportation 36

Transportation Sellers Construction Real Estate 36

Will Springer Realtor

JUNE 14, 2022

The GMA mandates that local policies also guide decisions on transportation, capital facilities and the natural environment. The region’s housing supply crisis is worsening, prices continue to rise disproportionately on consumer goods and services, and avenues to improve new construction are hindered by governmental and economic obstacles.

Development 66

Development Transportation Real Estate Law 66

Appraisal Today

FEBRUARY 9, 2024

The tremendous growth in the creation of infrastructure for the expansion of major cities, water systems, canals for transportation of goods, road and street systems, inevitably required acquisition of private property. single-family homes for sale in the fourth quarter were new construction. in the first quarter of 2022.

Appraisal 81

Appraisal Contracts Insurance Construction 81

Will Springer Realtor

DECEMBER 8, 2021

Analysts believe items that are now in shorter supply – major appliances, computer chips and specialty goods, to name a few – will return to shelves and front porches by the end of 2022 as the pandemic (hopefully) ebbs. Economists forecast housing starts will rise a promising 5% in 2022. construction jobs in the U.S.,

Sellers 36

Sellers Marketing Supply Chain Construction 36

Valuation Nation

OCTOBER 16, 2022

October 16, 2022. Where is larger MSAs with public transportation and many live-and-work communities that exist, automobiles are not a requirement in every market. Wea re also excluding any new construction or lender owned homes. The Appraisal Institute 2022. [3] The Appraisal Institute 2022. [4] time again.

Real Estate 116

Real Estate Appraisal Marketing Inventory 116

Appraisal Buzz

AUGUST 29, 2022

Home prices continued to rise by over 20% between the spring of 2021 and the spring of 2022. Construction has failed to keep up with the demand of households, especially with the increase during the COVID-19 pandemic. However, as of early 2022, the nation had a deficit of 3.8 This was due to an all-time housing shortage.

Transportation 370

Transportation Law Investing Investors 370

Raleigh Realty

MAY 21, 2021

Recently announced, Amazon will be building a 620,000 square foot warehouse and distribution center in Smithfield by 2022. increase in housing, transportation, and food prices since last year due to its rise in growth. There are many job opportunities. Part of the Raleigh Metropolitan area, Smithfield has seen a 1.5

Transportation 78

Transportation Real Estate Best Value Renovations 78

Will Springer Realtor

MAY 13, 2024

Builders are trying to catch up and, according to federal officials , there are more housing units under construction today than at any time in the last 50 years. Homes considered “affordable” tend to be at or below 80% of median family income levels and only 23,877 units have been constructed across the state since 2020 – about 3.3K

HOA 36

HOA Transportation Construction Buyers 36

Will Springer Realtor

DECEMBER 13, 2022

The bloom came off the financial rose in 2022, leaving behind thorny issues as we enter an uneasy new year for residential real estate across Puget Sound. in the first half of 2022. Locally, permits for single- and multi-family home construction are down about 20% from this time last year. What’s next? and ease to 4.9%

Real Estate 36

Real Estate Buyers Construction Sellers 36

Housing Wire

MAY 26, 2022

The standards were required to take into consideration current manufactured housing construction methods and transportation requirements for homes built in a factory and transported to the site. 7651, the “Manufactured Housing Affordability and Energy Efficiency Act of 2022” – that clarifies all these points.

Transportation 445

Transportation Retail Construction Development 445

Will Springer Realtor

APRIL 11, 2022

A builder could also agree to install more bike storage or pay a fee-in-lieu to fund public parking and transportation infrastructure that serves the entire neighborhood. The accompanying chart shows where Seattle metro compares to other cities over the period between March 2020 and January 2022. Tap on chart for a larger version.).

Construction 36

Construction Development Inventory Buyers 36

Houston Properties

JULY 20, 2022

Caceres Living, Location and Transportation. This luxury development was designed and developed by a collaboration between three, well-known developers and construction companies. Caceres Living, Location and Transportation. "Paige Table of Contents. Caceres Townhomes Houston. Real Estate Information For Caceres.

Real Estate Agent 36

Real Estate Agent Real Estate Realtors Agents 36

Will Springer Realtor

MAY 9, 2023

months in Q2 of 2022, according to a survey conducted by John Burns Research & Consulting. Whether it was cutting red tape and construction costs or ensuring our cities allow more affordable options near transit and jobs, these bills, working together, mean more homes, at more affordable prices, in communities all across our state.”

Real Estate 36

Real Estate Modernization Construction Supply Chain 36

Will Springer Realtor

OCTOBER 8, 2021

This has prompted rates for everything from car loans to mortgages to inch higher and will likely continue an upward trajectory through at least mid-2022. (A Construction could start as soon as 2022 on an ambitious three-tower project known as Cloudvue. acre lot where Northeast 8 th Street meets 110 th Avenue Northeast.

Real Estate 36

Real Estate Buyers Inventory Housing Market 36

Will Springer Realtor

AUGUST 9, 2022

ADUs also help local economies by providing housing to people on the lower-to-middle economic scale to live within typically pricy urban areas that are closer to job centers and greater public transportation options. Note: All data is sourced from the Northwest Multiple Listing Service, which excludes sales of new construction homes.

Inventory 36

Inventory Buyers New Listings Construction 36

Will Springer Realtor

SEPTEMBER 12, 2023

A concrete and steel cover connecting First Hill to downtown, for example, would reduce traffic noise, potentially add more parkland and encourage construction of new housing. Pro tip: Always bring a buyer broker to represent you to a new construction site. BY THE NUMBERS >> A survey of 2000 adults across the 50 largest U.S.

Sellers 36

Sellers Development Retail Real Estate 36

The Robert Weiler Company

NOVEMBER 16, 2022

But proximity to a new Intel Corporation fabrication plant whose construction might one day ease future global chip shortages might be another reason to love our region. It’s predicted to generate 3,000 jobs with high-wage salaries, 7,000 construction jobs, and more than 10,000 indirect jobs. Intel’s Columbus, Ohio Multiplier Effect.

Business 147

Business Logistics Supply Chain Technology 147

Will Springer Realtor

DECEMBER 12, 2023

I wrote in this newsletter 12 months ago about the bumpy – maybe even bruising – housing market of 2022 across Puget Sound and most of the country. Just for Fun: In December 2022, the National Association of Realtors® projected mortgage interest rates would be 5.7% To a happy 2024! = at this time in 2023 (quite optimistic!).

Real Estate 36

Real Estate Buyers Housing Market Law 36

Houston Properties

JANUARY 13, 2021

On the other hand, the four restaurant workers would still need to spend monthly payments for rent, food, transportation, and insurance. We believe the bill won’t come due in 2021 and potentially not in 2022 either. Again, no change from an “average math perspective” but it glosses over the human impact. The Tale of Two Cities.

Housing Market 68

Housing Market Marketing Real Estate Realtors 68