Want to Move to a New Home? Housing Construction is Up!

Good news for those people looking to move into a new home. Recent data from the Commerce Department shows that housing construction is up 4.1% since September 2009, with the greatest jump seen with construction of single-family homes at 4.4%. This kind of news is especially promising for those moving to or within Louisiana, specifically New Orleans, an area that is in special need of a housing market bounce back. Likewise, New Orleans moving companies may also see a spike in business with the increase in families moving into new homes, even during the typical off-season.

Not only has the Commerce Department noted an increase in housing construction, but the National Association of Home Builders says that their monthly Housing Market Index jumped three points in October. This is the highest rating it has been since June, and since it measures the confidence among homebuilders, it’s a great sign for the housing market and economy. If you’ve been holding off on buying a new home to wait until the economy bounces back or the market stabilizes, this can be a great indication that a big move for your family might be right around the corner.

A Big Move Brings Big Opportunity to Baton Rouge

Hawker Beechcraft Aviation is rumored to be moving to Baton Rouge, bringing the major company, facilities and corporate headquarters to Louisiana. This is a massive development for Baton Rouge, as the airport moving to the city will bolster the local economy, creating new jobs and new money. This is the first major industrial development the city has seen in a few decades, and is anticipated to bring great things to Baton Rouge.

Hawker Beechcraft Aviation received a huge offer from Louisiana, causing its relocation from Wichita, KS. The governor of Kansas is scheduled to meet with the machinist union and Beechcraft today to decide the where the company will relocate. What do you think of the company’s relocation to Baton Rouge? Will the new development, money and jobs boost the economy, or will the cost of building and relocating the company prove to be too much for the city?