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Foreclosures rise in Houston post Harvey

Posted by   /  September 22, 2017  /  Real Estate  /  No Comments

Builder Houston’s housing market has been busy in recovery mode following Hurricane Harvey. The devastating storm has left many citizens without housing and no options in Houston. The housing market is running out of options as well. Prior to Harvey, foreclosures in Houston were up by 67%. The Dallas News reports: Economists and real estate agents predict that […]

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Pollack: Economic effects from Harvey already showing up

Posted by   /  September 19, 2017  /  Economy  /  No Comments

ELLIOTT D. POLLACK & Company FOR IMMEDIATE RELEASE September 18th, 2017 The Monday Morning Quarterback A quick analysis of important economic data released over the last week The U.S. has never before had two Category 4 hurricanes make landfall in the same year, much less within a few weeks of each other.  It already looks […]

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[COLUMN| Trump’s lumber tariffs hurt hurricane recovery

Posted by   /  September 14, 2017  /  Real Estate  /  No Comments

By Christian Britschgi | Reason.com As the flood waters from Hurricane Harvey dry up, the residents of affected areas are turning to the task of rebuilding their storm-ravaged communities. Early estimates of the damage suggest they have their work cut out for them. The Texas Division of Emergency Management reports that the storm destroyed 9,407 single family homes. Another 44,013 […]

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Hurricane Harvey impact for building materials suppliers hits $1.8 billion across six major products

Posted by   /  September 13, 2017  /  Real Estate  /  No Comments

Principia In the aftermath of Hurricane Harvey in Houston and Beaumont, Texas, the cleanup and repair efforts are just beginning. Principia previously reported on the need for suppliers, distributors and dealers to be prepared to move substantial stocks into the area for the rebuilding effort. Additional analysis of our estimates regarding the value of building materials required for […]

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Pollack: Heading in the right direction

Posted by   /  September 6, 2017  /  Economy  /  No Comments

ELLIOTT D. POLLACK & Company FOR IMMEDIATE RELEASE September 5th, 2017 The Monday Morning Quarterback A quick analysis of important economic data released over the last week Our thoughts and prayers are with the residents of south Texas and Louisiana who are still grappling with the 1,000-year event of Hurricane Harvey in what is being […]

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Lennar pledges $1M to Houston relief

Posted by   /  September 5, 2017  /  Real Estate  /  No Comments

Will match employee contributions as well. Builder (NYSE: LEN and LEN.B) late Tuesday pledged at least $1 million to the United Way of Greater Houston Flood Relief Fund to help victims of Hurricane Harvey. The Lennar Foundation will also will match contributions dollar-for-dollar made by its 9,000 associates nationwide. “Our hearts go out to people […]

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Post Hurricane Harvey, U.S. lumber import trade agreement needed in massive rebuild efforts

Posted by   /  September 1, 2017  /  Real Estate  /  No Comments

By Michael Gerrity | World Property Journal The National Association of Home Builders chairman Granger MacDonald issued the following statement in the wake of Hurricane Harvey and its potential effects on lumber prices as Gulf Coast residents prepare to rebuild after the catastrophic storm. “Our thoughts and prayers are with the people of my great state of […]

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Trump says high Hurricane Harvey TV ratings led to Friday’s Arpaio pardon

Posted by   /  August 28, 2017  /  Government and Politics  /  No Comments

KTAR President Donald Trump said Monday he decided to pardon former Maricopa County Sheriff Joe Arpaio as Hurricane Harvey was about to hit Texas because ratings would be high. “In the middle of a hurricane, even though it was a Friday evening, I assumed the ratings would be far higher than they would be normally,” […]

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[MEDIA] Top newspapers lower paywalls for Hurricane Harvey

Posted by   /  August 27, 2017  /  Media and Entertainment  /  No Comments

By Cristiano Lima | POLITICO The nation’s three most storied newspapers — The New York Times, Washington Post and Wall Street Journal — lowered their paywalls this weekend for coverage of Hurricane Harvey. The rare, concurrent move by the three titles gave non-subscribers unlimited access to their on-the-ground reporting as Harvey continues to inflict damage […]

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