Development
Auction.com Research Looks at Impact of Unemployment Rates
Based on the most recent July 2013 Bureau of Labor Statistics Report, Auction.com Research is predicting a slowdown in real estate for the second half of the year.
Builder Confidence in the 55+ Housing Market Shows Significant Improvement in Second Quarter
Builder confidence in the 55+ housing market for single-family homes showed strong continued improvement in the second quarter of 2013 compared to the same period a year ago, according to the National Association of Home Builders’ (NAHB) latest 55+ Housing Market Index (HMI).
Design Team Selected for The Paseo Del Norte/I-25 Interchange Reconstruction Project
A reconstruction project meant to reduce traffic congestion and improve safety and air quality has selected its design team. The corridor in question is the Paseo Del Norte/I-25 Interchange and has allocated $93 million – $75 million for the actual project and an additional $18 million for the preliminary design, acquisition of rights, and additional fees.
Lease-Ups: Six Ways to Leverage Touch Technology
In the last five years, the touch screen interface has become almost omnipresent. One of the more recent innovations is the use of large touch panels and touch-surface tables to provide property information and virtual tours at multifamily communities.
Weather-Resistant Technologies
Building communities to withstand extreme weather conditions.
Crescent Communities Offers Larger Apartments in $40M Multifamily Development
Crescent Communities of Charlotte has announced plans to develop Crescent Main Street, a $40 million multifamily community in Durham’s Ninth Street district.
BRA OKs New Multifamily Projects from Corcoran Jennison, Trinity Financial
The Boston Redevelopment Authority (BRA) approved this week several real estate projects that, combined, will bring around 1,200 housing units across Boston.
Builder Confidence Rises Six Points in July
Builder confidence in the market for newly built, single-family homes rose six points to 57 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) for July.
APARTMENT MARKET STATISTICS: July 2013
Multifamily housing starts averaged 325,000 in the first quarter—exceeding the annual average observed in any year since the 1980s, according to the National Association of Home Builders. Housing starts increased in March to a seasonally adjusted annual rate of 392,000 units. Permits fell to seasonally adjusted rate of 283,000, however.