Real Estate Wire/Green Trends News Wire

ROBERT DEITZ WASHINGTON - Steady job growth, affordable home prices, attractive mortgage interest rates and pent-up demand will help the housing market continue on a gradual upward trajectory in the year ahead, according to economists who participated in yesterday's National Association of Home Builders (NAHB) Spring Construction Forecast Webinar.  However, supply side headwinds led by a shortage of construction lots and labor, along with tight access to acquisition, construction and development (AD&C) loans, continue to hamper a more robust recovery. "Builders remain cautiously optimistic about market conditions," said NAHB Chief Economist Robert Dietz. "2016 should be the first year since the Great Recession in which the growth rate for single-family production exceeds that of multifamily. And we see single-family growth accelerating in 2017 as the supply side chain mends and we can expand production."  Steady job growth has bolstered consumer c...

WASHINGTON - Nationwide housing starts fell 8.8 percent to a seasonally adjusted annual rate of 1.089 million units in March, according to newly released data from the U.S. Housing and Urban Development and the Commerce Department. Overall permit issuance was also down 7.7 percent. "Single-family starts are off from their strong showing in February but this slowdown represents a return to a long-run, gradual growth trend that is consistent with builder confidence levels, which are overall positive," said NAHB Chief Economist Robert Dietz. "While we are also seeing a monthly decline on the multifamily front, multifamily construction is expected to level off at a solid rate given the high level of rental housing demand."  "Starts are up at a double-digit rate from a year ago and builders remain fairly optimistic that more consumers will return to the housing market in the months ahead," said NAHB Chairman Ed Brady, a home builder and developer from Bl...

JOHN CROSSMAN ORLANDO, Fla. (April 13, 2016) -- Crossman & Company, one of the Southeast’s largest retail leasing, property management, and investment sales firms, has released its much anticipated 1st Quarter 2016 Southeast US Market Report Update, Ranking Retail Tenant Activity: Stop, Wait Grow!  “The first quarter report is an assessment of analytical data that reflects those retailers with bright futures, as well as those that may have to make critical adjustments to maintain their market position, grow, or even survive. We’ve evaluated public and private companies and summarized their plans and strategy heading into the remainder of 2016,” said Crossman & Company President John Crossman, CCIM, CRX. The six-page report analyzes a wide range of retailers and their relative health and stability as indicated by announcements of store openings and closings, earnings reports, forecasts, and market activity. Groups of retailers are categorized by well-defined re...

JACKSONVILLE, Fla. -- LandSouth Construction, a Jacksonville, Fla. based general contractor specializing in multifamily, senior housing and mixed use development, has made the prestigious National Multifamily Housing Council’s (NMHC) 2016 ranking of the nation’s largest apartment contractors at No. 16. Record renter demand continues to fuel apartment industry growth, as evidenced in NMHC’s just released Top 50, the authoritative ranking of the country’s largest apartment owners, managers, developers and contractors.  Last year LandSouth was No. 25. General contractors are ranked based on the number of units started in 2015. “It is an honor to be named the nation’s 16th largest apartment contractor. This ranking is another validation of the dedication and expertise of our team,” said LandSouth President/CEO James Pyle. “Our ability to effectively meet the needs of owners and developers has put LandSouth in this coveted position.” LandSouth Construction is currently workin...