Real Estate Wire/Green Trends News Wire

Nationwide housing starts rose 4.8 percent in June to a seasonally adjusted annual rate of 1.19 million units, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department. Overall permit issuance increased 1.5 percent to a seasonally adjusted annual rate of 1.15 million. "This month's uptick in production is an indicator that the housing market continues to move forward," said NAHB Chairman Ed Brady, a home builder and developer from Bloomington, Ill. "At the same time, builders are adding inventory at a cautious pace as they face lot shortages and regulatory hurdles." "The June report is consistent with our forecast for a gradual but consistent recovery of the housing market," said NAHB Chief Economist Robert Dietz. "Single-family production should continue to strengthen throughout the year, buoyed by job growth, new household formations and low mortgage interest rates."  Sin...

ORLANDO, Fla. (July 21, 2016) -- Crossman & Company, the Southeast’s premier real estate services firm focused on serving retail landlords, continues to expand its operations and sales force by announcing the launch of the company’s Private Client Investment Sales Division. “Crossman & Company has done an excellent job servicing our institutional level clients as they execute their disposition strategies. The Private Client Investment Sales Division will provide the same exemplary service to high net worth investors and retail owners throughout the Southeast US,” explained John Crossman CCIM, CRX, the firm’s president Dan Colachicco The firm is undertaking an aggressive hiring plan to expand its investment sales force, focusing on experienced agents within a track record of success in markets throughout the Southeast. “In order to navigate the complexities of today’s commercial investment real estate environment, private client investors and owners need strong...

WASHINGTON, July 21 - The National Association of Home Builders' (NAHB) Remodeling Market Index (RMI) posted a reading of 53 in the second quarter of 2016. Although it slipped one point from the previous quarter, it is still the 13th consecutive quarter with a reading above 50. An RMI above 50 indicates that more remodelers report market activity is higher (compared to the prior quarter) than report it is lower. The overall RMI averages ratings of current remodeling activity with indicators of future remodeling activity. "Overall, remodelers are reporting steady work in the second quarter," said 2016 NAHB Remodelers Chair Tim Shigley, CAPS, CGP, GMB, GMR, a remodeler from Wichita, Kan. "With an increase in calls for bids, we should see the market pick up slightly moving forward." The RMI's current market conditions index came in at 54, decreasing by a single point from the previous quarter. Among its components, major additions and alterations dipped...

ASHANTAE GREEN TALLAHASSEE, Fla. – The Florida Green Building Coalition (FGBC), the leading certifier of green construction projects and a cornerstone of sustainability efforts in Florida, has announced that Ashantae Green is the recipient of the inaugural FGBC Scholarship for post-secondary education. Green is a student at Florida State College at Jacksonville. In addition to her own studies, Green has mentored local high school students through the Architecture, Construction & Engineering (ACE) Mentoring program for seven years.  She is the founder of Sickle Cell & Sustainability, a community group created to raise awareness and sponsor events on the topics of Sickle Cell disease and living a healthy, sustainable lifestyle. The group was formed to honor her 2-year-old son who has Sickle Cell disease. Green will be recognized during the annual GreenTrends Conference Oct. 20-21, 2016 in Hollywood, Fla. She also will receive a complimentary one-year FGBC mem...