U.S. housing starts rose 2.3% in August

With the pace of single-family home construction faster than it’s been in more than two years, The Commerce Department said that construction of homes and apartments rose 2.3 percent to a seasonally adjusted annual rate of 750,000 last month, which is up from 733,000 in July. Read Full Article Here

ICI Homes was Proud to be a Sponsor of the 1st Annual Ferry Fest

ICI Homes was proud to be a sponsor of the 1st annual Ferry Fest held on Saturday, August 25th from 1-9 in the Historic Mayport Village. Over 10,000 supporters enjoyed a day of perfect weather, live music from 5 bands, 10 food trucks, local art, ghost tours of the King …

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Home Prices on the Rise

Recent housing indexes have shown single-family home prices are on the rise, providing more evidence that the “bottom” of the market is already behind. “We’re wiping out just about all of the decline,” Joel Naroff, chief economist at Naroff Economic Advisors, told NBC.com about recent housing data showing home prices …

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