Enlarge / Icon’s Vulcan construction system 3D-prints walls layer by layer using specially formulated concrete. (credit: ICON Technology, Inc. ) Construction companies have been experimenting with 3D printing for years, but next year, a major homebuilder is going to break ground in Austin, Texas, on what will be the largest such development to date. The […]
Tag: Housing
Amazon promises $2B for affordable housing projects near its corporate offices
Enlarge / Amazon is committing some cash to making sure people who don’t make six figures can afford to live anywhere near its new Crystal City (Arlington, Virginia) second headquarters. (credit: Andrew Harrer | Bloomberg | Getty Images) Amazon is planning to spend $2 billion over the next five years to invest in affordable housing […]
New York luxury real estate could be a bargain in 2021
Judging by the last quarter of 2020, New York’s luxury real estate market should enter 2021 with confidence. Sales of homes that cost more than $4 million were a little above those of the same three months in 2019, says Donna Olshan, president of luxury real estate broker Olshan Realty. “Now, some of that has to do with […]
U.S. home sales unexpectedly drop to lowest point since June
New-home sales in the U.S. tumbled to a five-month low, suggesting red-hot demand is cooling amid resurgent COVID-19 cases and other signs of a slowing economy. Purchases of new single-family houses decreased 11% to a 841,000 annualized pace in November from a downwardly revised 945,000 rate in the prior month, government data showed Wednesday. The […]
Not Everybody is feeling the Retrieval: The Market as Advised by 8 Graphs
In spite of optimistic changes on the vaccine leading , the pandemic will be far from above: On Thursday, fresh supported COVID-19 instances in america struck a daily list of over 150,000. However, on the financial front, we are continuing to see advancement. As nations eased lockdown constraints from the summer and spring, the market […]