Boone County is getting it’s second roundabout and first on a major thoroughfare. Check out this video and FAQs about roundabouts from the Insurance Institute for Highway Safety (click). Residents have been negotiating one on Orleans Boulevard in Florence for a couple of years and now one is opening on North KY237 (Northbend Road). Be courteous, be cautious, be safe and be prepared.
Archive for September, 2009
Roundabouts
Thursday, September 3rd, 2009Economic Report from NAHB for September 2, 2009
Wednesday, September 2nd, 2009Check out the latest from the respected Economists of the National Association of Home Builders.
Lots of Encouraging Housing News, But…
The news surrounding the housing market of late has been undeniably encouraging. Both new and existing single-family home sales saw their fourth consecutive monthly increases in July, rising 9.6% and 7.2%, respectively. (more)
Home Prices Are Stabilizing
The seasonally adjusted S&P/Case-Shiller 20-city and 10-city Home Price Indexes were both up 0.75% in June following miniscule declines in May (0.01% and 0.02%, respectively). Until the June report, both indexes had fallen for three years running, from June 2006 through May 2009. (more)
Any Optimism Must Be Cautious
Despite some significant grounds for optimism in the most recent period, some words of caution are in order. (more)
Some Negatives Abound
It also needs to be emphasized that the good news that recently has been greeting the housing industry needs to be put within the context of the long pummeling that has brought activity to dramatic lows. (more)
And the Multifamily Market Continues to Struggle
Although sales of existing condominiums rose in July to 630,000 from 560,000 in June, inventories of existing condos for sale rose from 611,000 to 791,000. Thus, even with the higher sales rate, the months’ supply of condos for sale rose from 13.1 in June to 15.1 in July. (more)
