St. Tammany Parish Home Builders Association
Election Night
When:
October 7, 2015
5:30 pm – 8:00 pm
Where: Floorco
600 Deer Cross Ct E
Madisonville, LA 70447
St. Tammany Parish Home Builders Association
Election Night
When:
October 7, 2015
5:30 pm – 8:00 pm
Where: Floorco
600 Deer Cross Ct E
Madisonville, LA 70447
Covington Art Market at The Trailhead
Covington Trailhead
419 N. New Hampshire Street
Covington, LA 70433
Saturday, October 3, 2015
9:00AM – 1:00PM
For More Information, Call 985-892-8650 or E-mail info@sttammanyartassociation.org.
Admission is $10 for adults ($25 for two people) and children 17 and under are free. Food and wine is available for purchase during the shows, but guests are encouraged to bring picnic dinners and lawn chairs or picnic blankets for seating.
St. Tammany Parish Home Builders Association
General Membership Luncheon
When:
October 6, 2015
11:45 am – 1:00 pm
Where: Beau Chene Country Club
602 N Beau Chene Dr
Mandeville, LA 70471
Just like summer in Louisiana is hot in July, the housing market nationwide heated up this summer with new home sales activity rising to 507,000 homes sold. The Census Bureau and HUD reported that newly built home sales rose 5.4% from June and 25.8% from July of last year. New home inventories were reported at 218,000 in July which is the highest level that has been seen in over five years.
This increase was also seen in the private residential construction spending where the highest amount spent was at an annual rate of $387 billion in July. This increase in spending verifies that the construction industry is continuing to experience strong economic growth. Single family homes have pushed construction expansion 15.8% on a year-over-year basis and multifamily new home construction spending is 21.2% higher than it was reported a year ago as well.
Developers, new home builders, and custom home builders are not the only ones that are seeing a positive growth, the National Association of Realtors (NAR) reports increase in existing home sales. Existing home sales increased in July 0.5% from June and 7.4% from July of last year. Completed transactions were reported at the highest since February 2007, which was the beginning of the downhill slide of the Recession.
Home buyer confidence stems from the strengthening economy overall with increased spending. The Bureau of
Economic Analysis reports that the Gross Domestic Product (GDP) grew to a strong 3.7% rate. These findings were based on several factors including investment, faster growth for consumption, government spending and trade components.
Now is the time for buyers to tap into the housing market. Sales are solid which makes the real estate market a stable vested interest. New home prices are continuing to strengthen making real estate a great investment. Interest rates continue to remain at record lows with the reluctance of the Fed to increase interest rates. The Department of Housing and Urban Development have rolled out new loan products which require a much lower down payment on FHA and some conventional mortgages. Best of all, there is a spectacular new home builder in St. Tammany Parish which builds new, custom home exactly to your specifications and design. These new homes are designed and built to withstand the test of time and elements with energy efficient green building techniques as well as the best, most quality components to ensure the strongest and best built new home in St. Tammany Parish. For More Information, Call 985-626-7619 or E-mail Info@RonLeeHomes.com.
Click Here for the Source of the Information.
Where: The Abita Brew Pub
72011 Holly St.
Abita Springs, LA 70420
When: September 16, 2015
7:00 PM – 8:30 PM
FREE 90 MINUTE CONCERT!
985-892-5837
Click Here for More Information.
Where: 200 thru 500 block Columbia St.
Covington, LA 70433
When: Friday, October 30, 2015
6:30pm-9:30pm
FREE FAMILY EVENT
(985) 892-1873
gottaluvcov@covla.com
Click Here for More Information.
Where: Riverside Park by the Bogue Falaya River
At the South End of Columbia Street
Columbia St. Landing
100 N. Columbia St.
Covington LA 70433
When: Friday, October 16, 2015
6pm-9pm
Free Admission!
985-892-1873
gottaluvcov@covla.com
Click Here for More Information.