New Century News
                                                                          Volume 3 ,  Issue 1
 
An Industry  News Service provided  by New Century Consulting

      

 

 

January 2014
Bill's Create my JOB Pic To our viewers:  

 

Our goal with New Century News is to help our clients, prospective clients and associates within the real estate development industry improve their bottom line by suggesting the use of better marketing and management techniques.

 

We use several local, regional and national media and government sources to assemble what we deem to be the most pertinent to our client consulting activities and the services we provide. We welcome your comments. 

 

to view our current and past projects including comments from many of our clients. 

 

Thanks for viewing.

 

Sincerely,
Bill Effinger
Principal,
New Century Consulting
360-626-1624 office
760-736-3073 cell


  
 
 
 

New Century Consulting

 

 

What we do for our clients:  
New Century Consulting specializes in site selection, forward planning, entitlement processing, community outreach, marketing and project monitoring for builders, developers and investors. We maintain a particular focus on projects in San Diego, Riverside, San Bernardino & Imperial counties in California, and now Kitsap & King Counties in Washington state. Please visit our web site to view what our clients say about us at:

 

www.ncconsulting.net

 

Cities Try to Lure Young Professionals With Cheap 'Micro' Units
Officials in many of the nation's most expensive housing markets have embraced 'micro apartments'

In recent years, officials in many of the nation's most expensive housing markets have embraced "micro apartments" as a way to provide less-expensive housing for young renters.

 

They are betting that the tiny apartments-generally the size of a hotel room for about half the rent of a full-size apartment-will attract young professionals and recent college graduates, helping to revitalize city centers.

 

Micro apartments are about 300 square feet or smaller, though some developers and cities define them as large as 500 square feet. They sometimes lack a separate kitchen or bedroom.

 

Developers believe that single people in their 20s and 30s will accept less space in exchange for lower rent, even in cities where rent levels aren't especially lofty. Nationwide, rents have soared as the supply of apartments hasn't kept pace with demand.

 


Exclusive Research: Builders expect even better days in 2014
Home builders generally are optimistic about next year, but slow consumer income growth and other headwinds are creating a fair amount of pessimism for some.

Mike Beirne, Editor
January 03, 2014

How builders rate the 2013 housing recovery depends on their zip code. Housing starts nationwide through August are 23 percent ahead of last year's pace, but 44.2 percent of builders participating in the 2014 Market Outlook Survey rated this year as mediocre-to-poor. Most of those builders hailed from the Middle Atlantic (New York, New Jersey, Pennsylvania), Mid-South (Alabama, Kentucky, Mississippi, and Tennessee) and the Great Lakes (Illinois, Indiana, Michigan, Ohio, and Wisconsin) regions.

Methodology and Respondent Information

 

This survey was distributed between October 22 and November 7, 2013, to a random sample of Professional Builder's print and digital readers. No incentive was offered. By closing date, a total of 211 eligible readers responded. Respondent breakdown by discipline: 28 percent custom home builders; 25.1 percent diversified builder/remodelers; 16.9 percent production builders for move-up buyers; 6.3 percent production builders for first-time buyers; 4.4 percent architects engaged in home building; 3.9 percent manufactured or modular builders; 3.4 percent luxury production; 1.5 percent multifamily; and 10.6 percent other. Forty-seven percent of respondents will sell one to five homes in 2013, and 25.5 percent will sell more than 50 homes.
However, the majority of builders, 60.4 percent, indicated they were optimistic about the overall home building industry heading into 2014, and 72.8 percent said a year from now they expect to rate 2014 as good, very good, or excellent.

 

  

We measure our success by your satisfaction.
Idea Corner

 

As seen in Minority Business Entrepreneur
Magazine 

 

In Brief  

Participants in the National Conference on the Entrepreneurship Imperative for Engaging People 50 and Older, held at the National Press Club, unanimously approved a seven-point Call to Action that urges the public, private, academic and non-profit sectors to stimulate the development of laws, regulations, policies and programs that provide an environment that encourages and supports entrepreneurship for persons 50 years and older (50+).

 

The Call to Action proposes financial, tax and other economic incentives to stimulate entrepreneurship; development of education courses and programs at the college and community college levels for start-up entrepreneurs (50+); increased collaboration between the public, private and academic sectors to develop networks, research parks, and incubators for start-up and early-stage entrepreneurs; and creation or restructuring of non-profits to provide a greater focus on entrepreneurs 50+, with a special emphasis on attracting more women as entrepreneurs.

 

The annual Global Entrepreneurship Monitor (GEM) study, launched in 1999 as a joint venture of Babson College and the London School of Economics, concluded that Americans age 50+ have a positive attitude about entrepreneurship, have a lower fear of failure, are as likely to see opportunities, and are nearly as confident in their capabilities as younger age groups.

 

The 2013 GEM survey, the worlds largest and most comprehensive annual study of entrepreneurship, covered 200,000 people in 70 countries with a network of 400 researchers.

More information can be found at   

http://ncei.co/.

 

The Federal Highway Administration completed an investigation of a complaint filed by Washington State Trucking, a disadvantaged business enterprise (DBE), determining that the Washington State Department of Transportation (WSDOT) and the Seattle Tunnel Partners (STP) were non-compliant with DBE program requirements regarding the Alaskan Way Viaduct Bored Tunnel Project.

 

As a stipulation of the federal award, STP, prime contractor for the project, was required to meet a DBE contractor goal of eight percent. Washington State Trucking filed the complaint after they and several other DBEs experienced problems and setbacks during the bidding process.  

 

The complaint was filed in collaboration with the leadership of the National Association of Minority Contractors at the state and national level, along with other partners calling for action from the U.S. Department of Transportation that led to the determination against WSDOT and STP.


 

 

 

 

 

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