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Cavco to acquire competitor Solitaire Homes

Housing Wire

The acquisition includes four manufacturing facilities, 22 retail locations and transportation operations. These homes are sold by retail stores in New Mexico, Oklahoma and Texas. Cavco is funding the acquisition with cash on hand in its entirety. In 2021, the New Mexico and Mexico facilities produced around 1,600 homes.

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Residential construction jobs now 7.6% above pre-COVID level

Housing Wire

The lion’s share of the job growth in May came from gains in the leisure and hospitality sector (up 84,000 jobs), the professional and business services sector (up 75,000 jobs), and in the transportation and warehousing sector (up 47,000 jobs). Experts believe May’s job report will likely support future rate hikes by the Federal Reserve.

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Strong jobs report suggests rate cuts won’t come ‘til summer

Housing Wire

Job gains occurred mainly in health care, government, food services, social assistance, transportation and warehousing. Meanwhile, retail trade, mining, quarrying, oil and gas extraction, manufacturing, wholesale trade, information, and financial activities posted fewer jobs in February.

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Is the market pivoting ahead of the Fed?

Housing Wire

Employment declined in retail trade and transportation, and warehousing. As you can see below, layoffs in retail trade, transportation, and warehousing have been discussed in the media, and we are finally seeing those jobs being lost in those sectors. percent, the U.S. Bureau of Labor Statistics reported today.

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Stronger than expected job growth raises specter of more Fed hikes

Housing Wire

Also worth noting as we enter the holiday season, employment in retail trade (down 30,000 jobs), and transportation and warehousing (down 15,000 jobs) decreased in November. While the Federal Reserve announced earlier this week that it may consider slowing interest rate growth , it may reconsider after November’s jobs numbers.

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Rethinking resident experience: Why consumer tech trends matter now more than ever 

Housing Wire

Industries like retail, banking, transportation and food service have undergone massive digital transformation in recent years by leveraging new technologies to enhance consumer experience. Digital payments have been the norm for years in spaces such as retail and restaurants.

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Which Markets Are the Nation’s Renters Targeting?

Appraisal Buzz

In addition, mixed-use developments are bringing in new apartments, retail, and public spaces, while older buildings are being converted to residential spaces through adaptive reuse projects.

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