Medline Industries Inc. will build an 800,000-square-foot distribution center in St. Tammany Parish close to Covington announced Governer John Bel Edwards. The new $53 million project will replace the existing Medline distribution center located between Covington and Goodbee. The new location will be built on the north side of Interstate 12 at La. 21. Medline […]
The Commerce Department reported a rise in the construction of new homes this November. Building permits were at its highest level in 12 years which made both findings good signs for the housing market. According to the data released, there was a 3.2% increase in started construction between October and November. Building permits saw an […]
New home sales were at their best since 2007 in this year’s report. According to the Commerce Department data, building permits have had the biggest increase in 12 years. The National Association of Realtors reported a 6.2% increase in prices of existing homes nationwide. National Association of Homebuilders CEO Jerry Howard supports that the housing […]
The S&P CoreLogic Case-Shiller U.S. National Home Price Index reports a rise in the home prices across the nation from a 3.1% gain in August to a 3.2% annual gain in September 2019. With low mortgage rates and the largest generation aging into the prime home-buying years, the housing market is solid and should stay […]
NAHB/Wells Fargo Housing Opportunity Index (HOI)’s report released this November 2019 was good news for the housing industry. Housing affordability reached its highest in three years in the third quarter of 2019. Those involved in the industry say the high is a result of the three-year low mortgage rates and the vigorous job market. “With […]
Covington residents have a new restaurant featuring a menu that focuses on the smoker and grill. This week, Pyre Provisions will officially open its doors. The new restaurant, located at 70437 Hwy 21 in Covington, will serve lunch Monday – Saturday, dinner Tuesday – Saturday and brunch on Sunday. Pyre Provisions is a steakhouse meets […]
