Numbers: Homebuilders in the United States began building homes at a seasonally adjusted annual rate of about 1.7 million in December, an increase of 1% from the previous month, the US Census Bureau reported on Wednesday. . Compared to December 2020, housing starts increased by 2.5%. Meanwhile, permits for new
Flemington Borough Council passed an ordinance establishing the Liberty Village Redevelopment PlanâWhich will transform the remarkable shopping center of the borough into mixed-income housing. The plan, approved Monday night, is to redevelop the Liberty Village redevelopment area – which includes 10 lots and approximately 23 acres – into multi-family residential
The numbers: housing starts are on the rise U.S. homebuilders began building homes at a seasonally adjusted annual rate of 1.68 million in November, an increase of nearly 12% from the previous month, the US Census Bureau reported on Wednesday. Compared with November 2020, housing starts are up about 8%.
Kiemle Hagood Co-Owner and Chairman of the Board, Tom Quigley, has built a community throughout his 46-year career in commercial real estate. Quigley was hired as a commercial real estate salesperson for Kiemle Hagood in 1975, became director of the firm’s brokerage division in 1980, co-owner in 1987, and was
Demand for condominiums, especially new developments, has increased in Connecticut at a time when the rate of multi-family home construction has plummeted, industry professionals have said. Much of that demand has come from homeowners who have downsized to take advantage of the booming housing market, real estate agents said. In
NAPLES, Florida, November 29, 2021 / PRNewswire / – PPD Investments is actively seeking land in the Southwest Florida area to build more of its signature brand of multi-family residential properties. PPD’s new development push follows two successful projects in the region. The ridge at Bonita Sources and the ridge
From left to right, Phillip Thai, Robert Lee and Victor Thai outside their latest acquisition. (Courtesy of Phillip Thai) After knocking down a number of residential properties, three new local developers have struck their first business deal at Shockoe Slip. Brothers Phillip and Victor Thai along with their business partner
A rendering of the five-story building slated for 15 W. 7th St. (Rendered courtesy of Capital City Real Estate) A plan for nearly 200 more apartments in Manchester took another step forward last week with the closing of the neighborhood’s latest land deal. Washington, DC-based Capital City Real Estate has
A temporary accommodation tent on a street in downtown Seattle, Washington, United States on Friday, October 22 … [+] 2021. Concerns about Covid, crime, and the homeless – and open war between the city government and parts of its lucrative tech and business sector – have emptied Seattle’s shopping districts.
The Willow Circle apartment complex would rise seven stories across from Kroger. (Images from Poole & Poole Architecture) The Willow Lawn area is full of retail and restaurant businesses, single family homes, and a major stop on the bus route. Two local real estate companies believe there is another necessary
Apartment rentals are skyrocketing across Texas, latest report from National Association of Real Estate Agents (NAR). This is good news for landlords, but tenants face steep rent increases. The Dallas-Fort Worth area has dominated the country over the past 12 months with 47,182 apartments occupied, Houston in second place at
The first option of the ordinance, recommended by the planning department, banned STCRs in residential neighborhoods, but allowed them in multi-family neighborhoods and the downtown business district. On the other hand, the second option allows STCRs in residential areas, but only with the approval of a special exception from the
One of the largest housing projects ever in Whitefish, along with an accompanying commercial development application – all at the base of Big Mountain – is the subject of two public hearings Thursday before the Whitefish Planning Board . Arim Mountain Gateway LLC is requesting a planned unit development to
The following commercial real estate transactions have recently been concluded in the upstate. For weekly updates on business offers, see the Hot Properties feature every Tuesday in the GSA Business Report Daily email. Sammy DuBose of Coldwell Banker Commercial Caine represented Verdae Properties LLC, the owner, in lease renewal negotiations
Goldberg, IRG, Brooksville and RealFoundations Honored at MRI Ascend User Conference in Cleveland Posted: October 19, 2021 at 9:00 a.m. CDT|Update: 22 hours ago CLEVELAND, October 19, 2021 / PRNewswire / – MRI software, a global leader in real estate software solutions, announced the recipients of the third RE: Visionary
New expense slips for the construction of new homes. Remodeling takes over Construction spending in August, financed by public and private funds, was essentially unchanged of the previous month. The Census Bureau said total construction spending was at a seasonally adjusted annual rate of $ 1.584 trillion, unchanged from July.
The first half of 2021 saw commercial real estate generally rebound in two key counties in northwest Arkansas, but vacancy rates in the office sub-sector rose as covid-19 concerns grew. forced more employees to work from home, according to the Skyline report released on Tuesday. The vacancy rate for all
Numbers: Homebuilders stepped up the pace of new home construction and permits in August, with a heavy emphasis on multi-family dwellings. U.S. homebuilders began building homes at a seasonally adjusted annual rate of 1.62 million in August, a 3.9% increase from the revised upward pace the month before, reported Tuesday.
You are reading Entrepreneur United States, an international Entrepreneur Media franchise. This story originally appeared on The Epoch Times Home construction fell sharply in July, proving that high construction costs and soaring house prices continued to be a drag on the housing market. Housing starts fell 7 percent to a
Since the local part of the Grand Parkway was completed about five years ago and improvements along the highway. 290 completed last year, the developers accelerated the construction of planned communities in the western part of Cy-Fair ISD. “We actually have residents who reside in Bridgeland where one of the
City Works is a regular column that strives to provide an overview of projects presented to Planning Council, Zoning Council and the Heritage Commission by posting agendas and relevant information to keep the public informed of this. that is happening. ZONING BOARD UPDATES Last week, the Zoning Board granted waivers