Get The Market Buzz

DATELINE:   Across the  U.S.A.

FLASH:  Housing starts (new construction) rise to 7 month high

According to data released by the Commerce Department, housing starts in June rose 3.6%.  Housing starts have risen for 2 straight months including June.  Single-family home starts increased by 14.4% in June, the biggest increase since December 2004.  “The housing starts rise is clear evidence of a rebound of demand for single-family homes,” said Pierre Ellis, an economist at Decision Economics.  Building permits increased by 8.7% to a 563,000 annual rate, the highest level of the year.

DATELINE:  Across the U.S.A.

FLASH:  New home sales rise 11% in June

According to the Commerce Department, sale of new homes rose 11% to a 384,000 annual pace in June; this was the strongest sales pace since last November.  This points to stabilization in the housing sector which has been in slump since 2005.

DATELINE:  West Goshen, PA

FLASH:  Money Magazines “America’s Best Small Towns”

West Goshen, PA is ranked 11th on Money Magazine’s list of the Top 100 Best Small Towns in America.  This family-friendly community has a quiet suburban feel, with no shortage of nearby shopping centers and local businesses, while Philadelphia is less than an hour away.

Among the four area parks around the area, West Goshen Community Park has its own amphitheatre with concerts and outdoor theater.  Summer activities include a fitness boot camp for women, fieldtrips for teens and a Fourth of July bicycle parade.

This entry was posted on Monday, July 27th, 2009 at 2:06 pm and is filed under Java With Jean, Other. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.