Friday, January 23, 2015

Great Tips on Updating your Kitchen But Not Spending A lot of Money. Take a look.

Give your kitchen a dashing revamp without putting a big hole in your wallet

Houzz Contributor. I cover topics ranging from decorating ideas, product... More 

Whether you are planning to invest your own sweat equity in a complete kitchen remodel or simply hope to make a few quick changes over the weekend, when every penny counts it's important to choose projects that will make a big impact for the lowest price possible. Stay focused on the results you are after (put on blinders when you walk past those $1,000 light fixtures) and be willing to get your hands a bit paint splattered, and you can certainly achieve beautiful results on any budget.

From paint and hardware to DIY projects and sources for budget materials, these 15 ideas will help you plan your kitchen update.

Thursday, January 22, 2015

Housing Starts Reach Six-Year Highs

Housing Starts Reach Six-Year Highs



Housing Starts Reach Six-Year Highs

Housing starts for single-family homes surged to the highest level in more than six-and-a-half years, a promising sign at the end of 2014, the Commerce Department reported Wednesday.
"The last piece of the economic puzzle is starting to come together now as housing construction is coming back. The housing market is continuing to heal," Chris Rupkey, chief financial economist at MUFG Union Bank in New York, told Reuters.
Homebuilding has been significantly low despite recent economic growth. Household formation has been running at about 500,000 a year – way below the 1-million mark that most economists consider healthy for the sector.
But the Commerce Department’s report on Wednesday hints at a turnaround: Single-family housing starts, the largest portion of the homebuilding market, rose 7.2 percent to a seasonally adjusted annual pace of 728,000 units in December. It’s the highest level since March 2008.
Meanwhile, groundbreaking on the volatile multi-family market fell slightly at 0.8 percent in December.
Overall, housing starts – reflecting the single-family and multi-family markets – increased 4.4 percent in December to a 1.09 million-unit rate.
Economists point to several factors as helping to lift the new-home market, notably the 30-year mortgage rate is down more than 80 basis points from early 2014, the government’s move to ease credit conditions, and overall wage and employment growth.
"This should allow for many more individuals to enter the market. We expect much of the improvement to occur in sales at the lower end of the market, which has been lagging the overall housing recovery," says David Nice, an economist at Mesirow Financial in Chicago.
Overall for 2014, groundbreaking on single-family and multifamily homes rose 8.8 percent to 1.01 million units – the highest since 2007.
However, the new-home market still has a ways to go. Building permits – a sign of future homebuilding activity – dropped 1.9 percent in December – mostly attributed to an 11.8 percent drop in the multi-family segment. Yet, single-family permits increased 4.5 percent, marking the highest level since January 2008. Building permits in the South in December reached their highest level since February 2008.
Source: “U.S. Single-Family Housing Starts Highest Since Early 2008,” Reuters (Jan. 21, 2015) and “Housing Starts End Year Solidly, Up 4.4%,” Dow Jones Business News (Jan. 21, 2015)

Toomer's Corner is going to get remodeled. What a nice change.

Toomer's Corner intersection to be reconfigured, improved

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Posted: Wednesday, January 21, 2015 10:53 am | Updated: 11:04 am, Wed Jan 21, 2015.
Toomer’s Corner will be getting some love this Valentine’s Day, as it will once again be home to a pair of large live oaks.
The corner has been void of foliage since its former trees were removed in April 2013 after being poisoned following the 2010 Iron Bowl.
“Our goal all along was to restore the corner with large trees at the earliest opportunity,” said Dan King, assistant vice president for Facilities Management, in a previous press release. “Last summer we completed the hardscape to improve aesthetics and the pedestrian experience. The only thing missing was the trees. We think this plan honors the tradition of the historic original oaks.”
The Auburn City Council approved resolutions Tuesday night to temporarily closing city streets for the planting of the new oak trees at Toomer’s Corner on Feb. 14 and on April 18 for an Auburn Oaks celebration event to be held after the Auburn University A-Day football game.
The planting on Feb. 14 is set to begin at 7 a.m. and is estimated to take seven hours to complete. Celebratory rolling of the trees, both of which are approximately 30 feet tall and have approximately a 25-foot spread, will not be allowed for at least a year while they get established.
The council also approved an agreement with Inline Electric Supply Company, Inc., to purchase two mast arm traffic signal poles for $34,168.28 for the Toomer’s Corner Project. The two poles will replace the four poles currently at the intersection.
According to Auburn city engineer Jeff Ramsey, the traffic signal poles are similar to the decorative black poles located at the intersections of Shug Jordan Parkway and South College Street and Bent Creek Road and Glenn Avenue.
“I think it’ll be a nice improvement,” Ramsey said. “It’ll open up the university side of Toomer’s and the Toomer’s Drugs side. It kind of opens that up and gives you a better view of those corners.”
After ordering the poles, it will take the city three to four months to receive them, Ramsey added.
In addition to the new traffic signal poles, other aesthetic improvements that are planned for the intersection this year include removing existing black fencing on the corners in front of Toomer’s Drugs and Bank Vault and adding brick inlaid sidewalks and brick seat walls on all three of the city’s corners of the intersection to match what the university already has in place on its corner.
Raised brick crosswalks will also be added on all four sides of the intersection and will be similar to the ones that connect the university to the other side of Magnolia Avenue.
The tiger paw in the middle of the intersection, which is currently repainted every year by the Auburn University Student Government Association, will be replaced with a permanent brick inlaid tiger paw that is level with the sidewalks. New street trees will also be planted.
“The landscaping downtown’s a little bit tired, and it needs to be replaced,” Ramsey said. “Some of that stuff is dated, and it kind of needs a facelift.”
Ramsey said the goal is to have the Toomer’s Corner intersection project completed before next football season.
“I think you’ll see that it’ll be more pedestrian friendly when we get through with it, and that’s kind of what we’re striving for,” Ramsey said.
In other business, the Council also:
-approved an agreement for three year inert construction and demolition waste disposal service at $28 per ton with Sand Hill Recycling, Inc.
-voted in favor of purchasing the following vehicles: one 2015 Ford F350 Crew Cab with dump body from Stivers Ford Lincoln Mercury ($33,201) for the Parks and Recreation Department; one Pierce Velocity custom four-door chassis 75-foot quint ladder truck from Emergency Equipment Professionals ($744,889) for the Public Safety Department (Fire Division); one 2014 Ford F150 Supercab 4x4 pickup truck from Stivers Ford Lincoln Mercury ($24,475) for the Public Safety Department (Fire Division).
-appointed Clint Wilson to the Board of Zoning Adjustment and Council member Ron Anders to the Lee Russell Council of Governments as the City of Auburn representative.

Information and Article provided by OANEWs.