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FGBC's GreenTrends Coming to South Florida in October

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Hollywood Hosting Florida Green Building Coalition Conference TALLAHASSEE, Fla. (August 20, 2016) - The Florida Green Building Coalition (FGBC), the leading certifier of green construction projects and a cornerstone of sustainability efforts in the state, announced today that this year’s GreenTrends Conference, “Put Your Money on Green,” will be held Oct. 20-21 at the Hard Rock Hotel & Casino and Hotel in Hollywood, Fla. An exciting and informative lineup of programs and speakers will be offered at FGBC’s GreenTrends to promote, educate and support green building design, construction and operations. FGBC’s “Florida Green” designation represents achievements in a number of categories, such as energy efficiency, water conservation, site preservation, indoor air quality, materials, and durability, including disaster mitigation. FGBC certification programs are the only standards developed with climate-specific criteria to address issues caused by Florida’s hot-humid env...

Top Clinton Economic Advisor Cites Importance of Housing to the Economy

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(REAL ESTATE WIRE) - Gene Sperling, a top economic advisor to Democratic presidential candidate Hillary Clinton, today said that housing will play an important role in a Clinton administration. "For Hillary Clinton, growing middle class jobs and middle income security is the single lens in which she will judge economic policy," Sperling said in an address to the National Association of Home Builders (NAHB) Board of Directors at their Midyear Meeting in Miami. "What better helps the middle class than housing? Housing creates jobs in the United States. There is probably no other sector that creates jobs throughout income levels - from construction jobs to professional and servicing jobs." Noting that the credit pendulum has swung too tight in the aftermath of the Great Recession, Sperling cited a study from the Urban Institute that compared credit availability during the pre-crisis levels to the standards of today. The study found that 5 million fewer home loan...

Housing Starts Rise 4.8 Percent in June

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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...

Crossman & Company Continues Growth with Launch of Private Client Investment Sales Division

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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...

Remodeling Market Index Holds Steady in Second Quarter

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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...

Florida Green Building Coalition Announces First Scholarship Winner

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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...

Builders Call for End to Regulatory Overreach During National Homeownership Month

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WASHINGTON ED BRADY -- As the National Association of Home Builders (NAHB) celebrates National Homeownership Month in June, builders continue to demand affordable housing for all Americans, calling for sensible reforms to burdensome regulations that increase the cost of housing. "The aggressive over-regulation of the housing industry is putting the American Dream of safe and affordable housing at risk," said NAHB Chairman Ed Brady, a home builder and developer from Bloomington, Ill.   In May, NAHB released a study, Government Regulation in the Price of a New Home, which showed that on average, government regulations account for 24.3% of the final price of a new single-family home. In fact, the regulatory costs for an average single-family home went from $65,224 in 2011 to $84,671 in 2016 - a 29.8% increase in five years. "Regulators at all levels of government - local, state and federal - must understand that their actions have real consequences," said NA...