The Real Estate Industry Added A Meager 7,100 Jobs In January

The gains come at a time when unemployment remains high at 6.3 percent on the heels of the U.S. adding just 49,000 jobs, according to the U.S. Department of Labor.

The real estate industry, which includes the rental and leasing sector, added 7,100 jobs in January on a seasonally adjusted basis, according to data released Friday by the U.S. Department of Labor.

The modest gains come at a time when unemployment remains high at 6.3 percent on the heels of the U.S. adding just 49,000 jobs.

“The labor market continued to be impacted by the coronavirus (COVID-19) pandemic and efforts to contain it,” William Beach, the commissioner of the U.S. Department of Labor’s Bureau of Labor Statistics, said in a statement. “Notable job gains in professional and business services and in both public and private education were offset by losses in leisure and hospitality, in retail trade, in health care, and in transportation and warehousing.”

Without adjusting for seasonal effects, the real estate industry actually lost approximately 30,000 new jobs, and there are still more than 100,000 fewer individuals employed in the sector versus January 2020, prior to the pandemic hitting the U.S.

The residential building sector also saw positive

Read More

11 Tactical Tools From Interior Design’s January 2021 LAUNCH Issue

Explore 11 tactical yet modern design tools, featured in Interior Design‘s January 2021 edition of LAUNCH.  

1. Tromso by Shelfology

A display piece in its own right, this sleek floating shelf—whose super thin, super strong profile (in four styles) supports 90 pounds per linear foot—is laser-cut and hand-fabricated from premium-milled ¼-inch-thick steel. 

Standouts: Made to order by inch—and done in the USA—designers can pick from over 30 powder coats and use custom colors.

> Learn more about Tromso on LAUNCH


2. Optima EBF-425 by Sloan

This organically modern touch-free faucet (with matching foam soap dispenser) is crafted of brass and available in five finishes, enabling designers to express any aesthetic vision. 

Standouts: Battery-Powered or hardwired, the sink comes with an Optima Control Box for easy installation and an app for users to manage settings. 

> Learn more about Optima EBF-425 on LAUNCH


3. Ocean Master MAX by Tuuci

Redefining the boundaries of shade architecture, the collection offers expansive coverage, profound strength, and reinforced shade skins—an exquisite harmony of comfort and sanctuary. 

Standouts: Master craftsmanship is on display in all 11 styles that combine

Read More

Greenwich Real Estate Guy’s Blog: Open House List January 31

This post was contributed by a community member. The views expressed here are the author’s own.

I hope this post finds everyone’s year off to a good start and on the way to a fulfilling year. As most readers can tell I try not to get too personal here. However, every now and then, I get impacted by something and feel it is necessary to share. For those of you who did not have the opportunity to listen to the country’s first National Youth Poet Laureate Amanda Gorman speak, I felt it was worth sending. The 22 year old amazed me with her poem and oration. I hope you enjoy The Hill We Climb.

The question I get asked most often is how is the market. Here is a little snapshot of the market as of January for all of Greenwich:

  • 62 homes sold in January, an 88{ac967ad544075fb2f6bcea1234f8d91da186cac15e616dc329e302b7c7326b8c} increase over January 2020.
  • Average DOM of homes sold in January was 163 days.
  • Total $$ volume in January was $198,350,500 vs. $87,740,088 last January.
  • Median prices rose 3.4{ac967ad544075fb2f6bcea1234f8d91da186cac15e616dc329e302b7c7326b8c} to $1,912,500.
  • There are only 288 homes on the market in Greenwich, CT today, a 37{ac967ad544075fb2f6bcea1234f8d91da186cac15e616dc329e302b7c7326b8c} reduction over last year at
Read More

Are Vegas Home Prices Sustainable? January Real Estate Summary

Las Vegas home prices have reached all-time highs during the pandemic. This is has happened despite an unprecedented pandemic-related recession, with an unemployment rate that reached an all-time high of 34.2{ac967ad544075fb2f6bcea1234f8d91da186cac15e616dc329e302b7c7326b8c} and still sits at roughly double the national average.

While housing has grown more unaffordable for most over the past year, it’s luxury Vegas real estate that has been driving the market.

Luxury and “uber luxury” real estate. “Las Vegas and Southern Nevada has not only blown away records on its luxury market for 2020 that are up 38 percent for $1 million and above,” according to Mashvisor, “but the uber-luxury market of $4 million-plus has hit heights never seen before in the valley and doubled its performance from 2019.”

In December alone, according to the Multiple Listing Service cited in the Las Vegas Review-Journal, 129 homes priced $1 million and above changed hands in Southern Nevada, which includes the Vegas Valley as well as the smaller cities of Pahrump, Boulder City, and Mesquite.

Read More

10 Editor’s Picks from Interior Design’s January 2021 Edition of LAUNCH

Neutral tones employed in strong designs caught the attentions of our editors as highlighted in the January 2021 edition of LAUNCH. 

1. Pillow Sofa by Kassl Editions

Belgian design duo Muller Van Severen rethinks the fashion brand’s popular Pillow bags as a modular sofa with oil-coated cotton-blend cushions.

Standouts: In model accommodating one, two, or three people—corner seats included—Limonta provides the fabric for both pouf and club chair variations.


2. Storet by Acerbis 

A never-produced nightstand joins a reissued pillar-style chest of drawers, both originally visualized in 1994 by the late Italian architect/artist Nanda Vigo—and now offered with eye-catching lacquer.

Standouts: Available in black ash or dark-stained walnut veneers, designers can pick between eight glossy lacquers for drawer handles.


3. Arcadia by Matteo Pala

From the Prospettive Fantastiche collection by MM Company, the rug inspired by an architect’s two-dimensional pencil sketches provides a tactile experience, its pile shortening toward the center.

Standouts: Each of the four designs in the collection are made from a collection of wool and silk, the chromatic palette makes a bold statement measuring just 90.5 x 118inches. 


4. Puck by

Read More

Best Stocks To Buy Now? 3 Real Estate Stocks To Watch In January

Should Investors Consider Real Estate Stocks In Their Portfolio?

Although the stock market has performed incredibly well as of late, there are still some attractive options that may be under-the-radar. Real estate stocks are one of the places that could present opportunities to investors. There’s a great chance that the sector could benefit when there’s an injection of stimulus into the economy. Of course, the recent events at the Capitol would have triggered some selling. But for top real estate stocks, the impact has been rather mild, if there’s any. 

Employment and economic activity are pillars of real estate,” said John Kim, a real estate investment analyst at BMO, “although concerns about the inflationary impact of government spending is typically a headwind for the industry.

Sure, the hotel and office sectors have yet to see any real improvement because of the raging coronavirus pandemic. That’s because retail and office real estate investment trusts (REITs) were hit especially hard as a result of shutdowns and work-from-home mandates. Even some of the top REITs in the stock market lagged behind the S&P 500 in 2020. However, there appears to be a turnaround story for the real estate

Read More

Gardening: Plant Super Sugar Snap peas in January | Columnists

Garden peas, also called green peas or English peas to distinguish them from Southern peas, are my favorite spring vegetable crop. Peas must be planted early to get the best yield and quality.

Varieties

The two basic types of garden peas are shelling peas with inedible pods and edible-podded peas, also called snap peas or sugar peas.

Snow peas are one type of edible-podded pea. Snow peas are harvested before the seeds develop, while snap peas are harvested after the seeds expand.

I prefer snap peas. The pods increase the volume of the edible portion of the crop, and they don’t require shelling.



Gardening

Vigorous Super Sugar Snap peas produce long, sweet, crisp pods. Plant in January to harvest in April. Anthony Keinath/Provided


The only variety I plant is Super Sugar Snap. It had the best germination in a test I did years ago. This heat-tolerant variety produces pods on side shoots until June. The peas and pods are sweet and juicy.

Leftover seeds should be stored in the refrigerator to plant the following year.

Planting

In the Lowcountry and Midlands, peas must be seeded between Jan. 15 and Jan. 30. In the Upstate, plant in the first half of February.

Read More

‘Gardening begins in January, with the dream’

The video opens on an image of Danielle Eaton’s gardens but there’s not much to see, really: raised beds filled with snow. Garden paths completely vanished beneath a foot or so of the white stuff. Bare trees and metal fencing standing cold and stark against the snowy backdrop. 

Danielle Eaton of Litchfield with bounty from her garden last fall. She’s now in the throes of planning her next garden. Photo submitted by Danielle Eaton

“There’s not a lot going on right now,” Eaton begins, “because it’s January in Maine.” 

There’s your irony, though. For the next half-hour, Eaton, of Litchfield, goes on to explain that there’s a whole LOT going on, in fact, and for a sizeable group of gardeners, January is a very busy time of year indeed. 

Meanwhile, on Facebook, Linda Doucette Scott has posted a meme on her “Victory Garden” group page. The image shows a snow-covered field with a red barn way off in the background. 

“Anyone who thinks gardening begins in the spring and ends in the fall is missing the best part of the year,” goes the message on that one. “For gardening begins in January, with the dream.” 

The dream, as it

Read More

Learn how to trim trees during January gardening events

It’s a new year and a great time to work outdoors.  The People/Plant Connection is offering two seminars to help get ready for the upcoming spring planting. Due to social distancing, space is limited. Masks are welcome and reservations are required. To reserve your space, call 325-656-3104 or visit peopleplantconnection.org.

West Texas Gardening 101 will be Thursday, Jan. 21, from 2-4 p.m. This is the time of year to care for your trees. The speaker will be Allison Watkins, Agrilife Extension Horticulturist, and her presentation will be “All About Trees”. She will cover trimming, watering, and planting trees correctly for best results. Caring and planting of fruit trees will also be discussed.  Cost for the seminar is $20. The seminar will be held at the PPC Studio, 416 S. Oakes, San Angelo, Texas. Registrations are required. Call 325-656-3104 or go to the website to register: www.peopleplantconnection.org/contact.html.

The People/Plant Connection has kicked off their annual “Membership for Mulch” promotion through March 31. All the funds from memberships and donations go toward the purchase of mulch for the Children’s Adventure Garden. Mulch is used for water conservation and appearance. It takes a lot of mulch for the gardens. Joining or donating

Read More

Assessment on home gardening program as a response to COVID-19 in SLM project’s pilot townships, January 2021 – Myanmar

About the assessment

The Food and Agriculture Organization of the United Nations (FAO) is working closely with Department of Planning of Ministry of Agriculture, Livestock and Irrigation (MoALI) in order to implement the Section 2.1.7 of the COVID-19 Economic Relief Plan (CERP) by supporting farmers, small agricultural processors, seed farmers and agriculture businesses.

In order to support the CERP implementation plan, the project, in collaboration with respective Department of Agriculture (DoA) office in pilot Townships, distributed five types of vegetable seeds in Delta (i.e. watercress, eggplant, long bean, okra, roselle) and five type of vegetables in CDZ (i.e. eggplant, long bean, okra, roselle, cucumber), watering can and pamphlets on home gardening to rural farmers in five pilot townships starting from June 2020. The goals of the home gardening programme were to improve food access, nutrition and food security of rural farmers during the COVID-19 pandemic.

Highlights

❖ 240 farmers harvested a total of 10 389 Kilograms of vegetables and generated 4 641 600 Kyats as income over June – December 2020 period.
❖ Water accessibility, diseases/insects/pests and effects of climate change including flood and drought were described as main challenges.
❖ Household consumption of fresh vegetables and income generation by

Read More