2 Jun

OPD investigates bomb threat

first_img Youngsters urged to be safe over graduation weekends WhatsApp Pinterest Facebook Previous articleDAILY OIL PRICE: March 19Next articleCity parks trailer stolen, building and vehicles burglarized admin RELATED ARTICLESMORE FROM AUTHOR Facebook Pinterest The Odessa Police Department were called Monday morning about a potential bomb threat at a building supply shop.OPD Spokesman Steve LeSueur said officers were called about a suspicious backpack around 10:48 a.m. at McCoy’s Building Supply, 1131 W. 42nd St.LeSueur said OPD investigated the situation and found no threat of a bomb from the backpack. Home Local News Crime OPD investigates bomb threat Twitter Hawaiian Roll Ham SlidersSummer Spaghetti SaladFruit Salad to Die ForPowered By 10 Sec Mama’s Deviled Eggs NextStay Local NewsCrime OPD investigates bomb threat Police searching for man connected to hit and run Police searching for woman connected to husband’s death By admin – March 19, 2018 WhatsApp Twitterlast_img read more

12 May

Residential construction had busiest year since 2006: MBA

first_imgFull Name* Share on FacebookShare on TwitterShare on LinkedinShare via Email Share via Shortlink Residential projects have dominated construction spending as demand and housing prices have continued to rise with inventory shrinking and interest rates remaining low. But there are some headwinds: Homebuilder sentiment has dipped over the past two months and mortgage rates have crept up.The annual rate of building permits in December was 1.7 million, seasonally adjusted — about 4.5 percent higher than November’s rate and up more than 17 percent year-over-year. Kan pointed to the continued uptick in permits for single-family homes as an indication of new supply to come.The rate of housing completions also increased to 1.4 million units, seasonally adjusted. That was up about 16 percent from November’s revised rate and up 8 percent year-over-year.Contact Erin Hudson Email Address* Share via Shortlinkcenter_img Message* Overall, the number of housing units that started construction last year was up 7 percent from 2019. (iStock)Residential construction continued to surge as 2020 came to an end, finishing off homebuilding’s busiest year since the housing bubble burst.Housing starts in December increased for the fourth month in a row to an annual rate of 1.67 million units, seasonally adjusted, according to the Census Bureau’s monthly report on residential construction. That’s a 5.8 percent increase from November’s revised rate and up 5.2 percent year-over-year.Overall, the number of housing units that started construction last year was up 7 percent from 2019.Joel Kan, head of industry forecasting for the Mortgage Bankers Association, called it “the strongest for residential construction since 2006.”Read moreSingle-family housing starts now at 2007 bubble levelHomebuilding boom continues with 16% increaseHomebuilder sentiment falls for second month in a row TagsConstructionHousing MarketResidential Real Estatelast_img read more