New Century News
                                                                          Volume 3 ,  Issue 5

 
An Industry  News Service provided  by
New Century Consulting

      

 

March 2014

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

 

New-Home Sales Rebound in January

February 26, 2014 - Sales of newly built, single-family homes rose 9.6 percent to a seasonally adjusted annual rate of 468,000 units in January from an upwardly revised pace of 427,000 units in the previous month, according to data released today by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. This is the strongest sales pace since July of 2008.

"The fact that the cold weather that hit much of the country didn't stop home buyers from going out and purchasing a piece of the American dream is a great sign," said Kevin Kelly, chairman of the National Association of Home Builders (NAHB) and a home builder from Wilmington, Del. "However, the very low supply of new homes on the market and the continued concern of available buildable lots still have builders cautious about getting ahead of themselves."

 

  

Developer Confidence in Multifamily Market Shows Slight Decline in Fourth Quarter

February 27, 2014 -

The Multifamily Production Index (MPI), released today by the National Association of Home Builders (NAHB), showed a slight weakening as the index declined four points to 50 in the fourth quarter of 2013. It is, however, the eighth consecutive reading of 50 or above.

 

The MPI measures builder and developer sentiment about current conditions in the apartment and condominium market on a scale of 0 to 100. The index and all of its components are scaled so that a number of 50 indicates that the same number of respondents report conditions are improving as report conditions are getting worse.

 

The MPI provides a composite measure of three key elements of the multifamily housing market: construction of low-rent units, market-rate rental units and "for-sale" units, or condominiums. The MPI component tracking builder and developer perceptions of market-rate rental properties has been the strongest of the components recently, remaining above 50 for 13 straight quarters, but dipped four points in the fourth quarter to 60; while the component for low-rent units fell three points to 47; and for-sale units declined four points to 46.

 

  

We measure our success by your satisfaction.

Idea Corner

 

Peninsula Home & Garden Expo March 14, 15 & 16, 2014  
The Peninsula Home & Garden Expo is held each year, during the third weekend in March, at the Kitsap County Fairgrounds. The event is held in three buildings on the Fairgrounds and includes many vendors outside between the buildings. Come and enjoy hundreds of vendors, FREE seminars (with your paid admission), and great food!

Going to the Expo?
Beginning in February, visit
www.kitsaphbahomeshow.com
to get all the latest information including Special Features, Seminars, and a complete list of vendors.

 

2014 Coupon - Click here to print a $1.00-Off Admission Coupon. One coupon may be used per person, per day.

 

Too much to do and see all in one day? Do you see a seminar on more than one day, that you want to attend?  Be sure to purchase the All Access Expo Pass and visit the Expo daily for one low price!


 

 

 

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