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Fall Parade of Homes highlights broad range of locations, styles and price points | Business News

Built on a 1.5-acre lot with panoramic views of rural Dane County, the $1.04 million home has five bedrooms, 4.5 baths and 5,200-square-feet of living space. The outside entryway is framed with 12 inch by 12 inch beams of Douglas fir, a bar in the basement is accented with two-inch-thick shelves made from cherry while beams on the living room ceiling are stained to match those on the entryway. The home offers up an elegant but clean and functional design from Bouril Design Studio, an architectural firm in Madison.



Fall Parade of Homes

Offices are popular among those considering a new home. Jason Kratochwill, founder of Jason Thomas Homes, has two offices in his home, which is part of the Madison Area Builders Association’s Fall Parade of Homes.




“What we’re seeing trend-wise in the market is a lot of modern takes on traditional styles,” Kratochwill said. “So, in this case, I have a prairie style home, which is a very traditional style but it’s a very modern take on it.”

The highlights include lights from Madison Lighting, a steel-faced gas fireplace in the living room and a “three-and-a-half season” room with an insulated floor and ceiling and a wood-burning fireplace that can raise the temperature in the room to the mid-60s on frigid January days. The room also includes walls of retractable windows with screens, which further allows the temperature to be controlled in warmer months based on the direction of the wind and rain.



Fall Parade of Homes

The kitchen in the home of builder Jason Kratochwill pairs modern influences and prairie-style design.




In the kitchen, where the island is 4 feet wide by 9 feet long, outlets are hidden underneath cabinets, there’s a spacious pantry and the home is dotted with eight transom windows that further spread the

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United States Home Decor Markets 2020-2027 by Product Type, Distribution Channel, Income Group, Price and Category

The “U.S. Home Decor Market by Product Type, Distribution Channel, Income Group, Price and Category: Opportunity Analysis and Industry Forecast, 2020-2027” report has been added to ResearchAndMarkets.com’s offering.

The rise in popularity of eco-friendly home decor products among consumers, owing to increase in environment concerns significantly contribute toward the growth of the global market. Moreover, an increase in disposable income and improvement in living standards in the emerging countries such as China and India along with rise in affinity of consumers toward luxury home decor products augment the growth of the home decor market.

However, availability of low-quality and counterfeit products restricts the growth of the market. In addition, dearth of skilled labor, ineffective transportation, and lack of infrastructure facilities may act as a hindrance for the home decor market. On the contrary, The upsurge in demand for trendy, customized, and fashionable designs for home decor products and increase in popularity of home decor products among high-income consumers are anticipated to provide lucrative growth opportunities for the global home decor market.

The U.S. home decor market is segmented into product type, income group, price, distribution channel, and category. On the basis of product type, the market is divided into furniture, home textile, and floor covering. Depending on distribution channel, it is segregated into supermarkets and hypermarkets, specialty stores, e-commerce, and others. By income group, it is fragmented into lower-middle income, upper-middle income, and higher income. As per price point, it is categorized into mass and premium. Based on the category, the market is segmented into eco-friendly and conventional.

The U.S. Home Decor Market is segmented based on service type and end-user. Based on the service type the market is segmented into event management security service, watch service, personal protection, mobile patrol security service, pre-employment screening, and other services. Based on

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DoD space agency driving Pentagon contractors to rethink their price points

Space Development Agency constellations of cheaper mass-produced satellites create opportunities and risks for contractors

WASHINGTON — The Space Development Agency is buying 20 communications satellites for about $14 million apiece, and eight missile-warning satellites for about $43 million per unit.

These price points are unprecedented in Pentagon satellite programs and a sign that the military space market could be headed in a different direction, said Bill Gattle, president of space systems at L3Harris.

L3Harris and SpaceX each received contracts on Monday to build four missile warning satellites for the Space Development Agency. Lockheed Martin and York Space in August won contracts to each produce 10 data-relay satellites. All must be delivered two years from now. 

Military satellites typically are made in onesies and twosies, take decades to develop and cost hundreds of millions of dollars each. The SDA constellations of cheaper mass-produced satellites are a “fundamental transformation” in how DoD buys space technology, Gattle told SpaceNews Oct. 6.

With SDA planning to buy hundreds more satellites in the coming years, “we’re all trying to figure out how to change the price point,” Gattle said.

DoD wants to build large constellations that cost less and also are reliable and deployed quickly, he said. “So all of us have really taken a hard look at how do we build these things? What drives the cost? Why do DoD exquisite systems cost so much?”

Gattle said L3Harris, like other companies, were caught off guard by the speed of SDA contracting. The company had planned to compete for the Transport Layer satellites that were awarded to Lockheed Martin and York Space, but it didn’t move quickly enough. 

“I don’t think we were as ready as we needed to be. And therefore we didn’t win,” he said. When the Tracking Layer opportunity for missile-warning satellites

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‘How many Nigerians have cars, run generators in their homes that they need this fuel?’ Presidency defends fuel price hike

Garba Shehu, EFCC, NDDC, NSITF
Garba Shehu

The Presidency has continued to defend the recent hike in petrol prices, as spokesman Garba Shehu on Friday questioned how many Nigerians benefit from low fuel charges.

The Buhari administration earlier this year put in motion plans to cut out fuel subsidy and deregulate the petroleum downstream sector.

Since then, prices of petrol have fallen, in line with a dip in international demand attributed to the coronavirus pandemic.

However, in September, the price of petrol went up, sparking outrage among many Nigerians.

According to Channels Tv, Some have blamed the government for allowing the prices to rise even as many Nigerians are still dealing with the effects of the pandemic.

On Friday, during an interview on Channels Television’s Politics Today, Mr Shehu argued that it is unfair for poor Nigerians to continue to subsidise the lifestyle of urban dwellers.

“We belong to a global market system,” Mr Shehu said. “We are buying, mostly, refined products from the international markets.

“Is it fair that the taxpayer’s money . . . how many Nigerians have cars anyway? How many of them run generators in their homes that they need this fuel for? Is it fair that the farmer and the herder and all of these low-level people in our society, that the taxpayer money is taken from them and is subsidising the lifestyle of our city, urban dwellers?

“So the President is just trying to be as practical as possible on this matter.”

Deregulation is the answer
Mr Shehu also defended President Muhammadu Buhari’s comments on Independence day, where he compared the price of fuel in Nigeria with that obtained in Saudi Arabia.

He said: “So Saudi Arabia is important in this discussion because what is the technical cost of producing a barrel of oil in Saudi Arabia? It’s not

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Home price growth accelerated in July as buyers competed for listings, Case-Shiller index shows

The numbers: Home-price appreciation maintained a fast pace in July as buyers flooded the market only to find few homes for sale, according to a major price barometer released Tuesday.

The S&P CoreLogic Case-Shiller 20-city price index posted a 3.9% year-over-year gain in July, up from 3.5% the previous month. On a monthly basis, the index increased 0.6% between June and July.

What happened: The separate national index released with the report noted a 4.8% increase in home prices across the U.S. over the past year.

Phoenix once again lead all other markets nationwide with a 9.2% annual price gain in July, followed by Seattle with a 7% increase and Charlotte, N.C., with 6% growth.

“Prices were particularly strong in the Southeast and West regions, and comparatively weak in the Midwest and Northeast,” Craig Lazzara, managing director and global head of index investment strategy at S&P Dow Jones Indices, wrote in the report.

Overall, the pace of price growth increased in 16 of the 19 cities Case-Shiller analyzed — the 20-city list did not include Detroit once again this month because transaction records for Wayne County, Mich. were unavailable, the report noted.

The big picture: The rise in home prices is the reflection of a “perfect storm,” according to
CLGX,
+0.32%

 deputy chief economist Selma Hepp. “The substantial swing in demand is driven by a need for indoor and outdoor space met by record low mortgage rates and a wave of millennials who were on the verge of buying – all competing for fewer and fewer homes on the market,” Hepp said.

While the Case-Shiller index displays slightly more modest price-growth, other measures of home prices suggest that buyers are paying record amounts for properties across the country. Last week, the Federal Housing Finance Agency released its monthly home-price index.

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