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Building Industry News

This page lists headlines from the building industry new sources.

The news feeds are updated regularly and are linked to each organization's website. To read an entire story, simply click on the link and a new window will open; after reading, simply close the window and you'll return to this page to continue scanning headlines.

 

 


 

 

    
HousingZone

It’s not a surprise that Millennials value technology more than anything. It is intriguing, though, that young renters say they are willing to pay more for it.

Building Design+Construction reports that, according to a recent Wakefield Research and Schlage survey of 1,000 U.S. renters in multifamily dwellings, 86 percent of Millennial renters indicated that they would pay a higher rent for a “smart” apartment. By comparison, only 65 percent of Baby Boomers said they would pay more for smart technology.

A little fluctuation aside, multifamily construction spending has been expanding since 2010.

Analysis of Census Construction Spending from NAHB Eye on Housing says that multifamily construction spending reached $63.7 billion in October, up 2.8 percent over the revised September estimates. The figure is 11.4 percent higher than October 2015.

A little fluctuation aside, multifamily construction spending has been expanding since 2010.

Analysis of Census Construction Spending from NAHB Eye on Housing says that multifamily construction spending reached $63.7 billion in October, up 2.8 percent over the revised September estimates. The figure is 11.4 percent higher than October 2015.

According to data released this week by Freddie Mac, the 30-year fixed-rate average now sits at 4.08 percent, up from 4.03 percent a week ago and 3.93 percent a year ago.

The Washington Post reports that mortgage rates jumped half a percentage point over the last three weeks and are now as high as they were in July 2015.

The rates aren’t expected to slow any time soon.

It’s not a surprise that Millennials value technology more than anything. It is intriguing, though, that young renters say they are willing to pay more for it.

Building Design+Construction reports that, according to a recent Wakefield Research and Schlage survey of 1,000 U.S. renters in multifamily dwellings, 86 percent of Millennial renters indicated that they would pay a higher rent for a “smart” apartment. By comparison, only 65 percent of Baby Boomers said they would pay more for smart technology.

      
Yahoo! Finance Headlines
[Business Wire] - Quadrant Homes recently added another trophy to their case with the coveted “Best Home Design Award,” presented at the 2016 New Home Council Tribute Awards ceremony. Bellevue-based Quadrant Homes won for “Best Single Family Home Design Between 2,400 to 2,999 Square Feet,” for the design of an entry-level family home for sale in Quadrant’s Mountain Aire community in Poulsbo, Washington.
[GlobeNewswire] - -Accelerated De-staggering of Board Prior to 2017 Annual Meeting. -Board to be Downsized to 5 Directors Following 2017 Annual Meeting. -Termination of Settlement Agreement with Central Square Management....
[GlobeNewswire] - LA JOLLA, Calif., Dec. 02, 2016-- PICO Holdings, Inc. announced today that its wholly-owned subsidiary, Vidler Water Company, Inc., has agreed to sell 50,000 Long Term Storage Credits stored in the Phoenix ...
      
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