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Home Price Appreciation Benefits Some Homeowners but Leaves Many More Scrambling

Pro Builder

While some are swimming in equity, others are drowning in debt—and losing their homes as a result. Property tax increases are causing foreclosure rates to rise in states where homeowners are already facing high unemployment rates, income inequality, and large debt-to-income ratios. Wed, 12/15/2021 - 10:07. Financials.

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Increasing Home Values Lift 1 Million Homes from 'Underwater' Status

Pro Builder

Chicago, Philadelphia, and New York experienced the largest declines in underwater homes during that period, reports National Mortgage News. On the flip side, “equity-rich” homes that have a value at least double the loan balance, increased by 4.2 Now, with home values up, there remains 2.25 million at the end of 2019.

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U.S. CRE Turning Around In 2014, According To New PwC/ULI Report

Buisness Facilities Contributed Content

As a result, the report anticipates that 2014 may be the year that many investors who have traditionally focused mainly on large established markets such as Boston, Chicago, Los Angeles, New York City, San Francisco and Washington, will be expanding their focus to other cities in order to protect capital.

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Steady Optimism Among U.S. Commercial Real Estate Executives, Increased Investor Appetite

Buisness Facilities Contributed Content

Capital availability from a wide range of equity sources also is expected to improve in 2014, with increased activity by institutional forces. Private equity sources are predicted to drive U.S. “In conjunction with the Akerman U.S. commercial real estate financing in 2014. will come from Brazil. Lingering Uncertainty.

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Business Report: Garden State Growth Zones Aim to Lift New Jersey’s Cities

Buisness Facilities Contributed Content

million over 10 years to encourage the company’s relocation from New York City to a new facility in Jersey City instead of Norwalk, CT. The grant is not meant to be a substitute for conventional debt and equity financing, and applicants should generally have their primary debt financing in place before applying.

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New York Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

For a list of New York economic development agencies that can help with the site selection process, visit our Online Site Seekers’ Guide. Cash Incentives: New York State offers low-cost loans and grants to companies that invest significant capital in the State and commit to the creation and retention of private sector jobs.

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Feature Story: 2016 Economic Development Awards

Buisness Facilities Contributed Content

Our award winners are the State of New York , for its Reforming the Energy Vision Initiative; Duke Energy , for the Duke Energy Smart Grid Lab; and Oncor/Lancaster TX , for Oncor’s Microgrid Project and Tech Center. billion and create more than 1,400 new high-tech jobs in Rochester.

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