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Nearly Half of All U.S. Homes Were Equity-Rich in the First Quarter of 2022

Pro Builder

Homes Were Equity-Rich in the First Quarter of 2022. Equity-rich homeowners are cashing out and leaving pricey markets to buy new homes in low-cost states. were considered “equity-rich,” meaning that the loan balances secured by those properties were no more than 50% of their estimated market values. . New-Home Sales.

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As Housing Costs Reach New Highs in a Market Correction, Buyers Brace for the Worst

Pro Builder

As Housing Costs Reach New Highs in a Market Correction, Buyers Brace for the Worst. Mortgage rates are climbing, inventory is dwindling, and home prices are still rising, but a market correction could bring about big changes in the year ahead. Fri, 11/04/2022 - 10:27. Affordability. Market Data + Trends. Affordability.

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Why Some Pandemic Buyers Are Regretting Their Home Purchases

Pro Builder

For nearly two years, buyers have faced soaring prices, plunging inventory, and tight competition, forcing many into rushed offers on homes that they may otherwise think twice about buying. Now, the desperation of some pandemic buyers is giving way to regret, according to The New York Times. If anything, they might get tougher.

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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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10 Suburban Escapes With the Hottest Home Prices

Pro Builder

Realtor.com notes that although Lakewood is in close proximity to New York, it appears homes here are being listed and bought by residents rather than ex-urbanites. All that activity, along with skimpy inventory, has led to a price surge. The median listing price of a Lakewood home is $309,000. Lakewood, NJ.

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Top 25 Finalists for Ivory Innovations' Housing Affordability Prize

Pro Builder

In the Finance category, finalists include organizations focused on construction financing, shared-equity models, and renter programs that support increased savings and equity. CoFi is piloting a new modular construction financing program with Manufactured, an end-to-end inventory manufacturing & finance solution.

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Caterpillar Forecast Tops Estimates with the Recovery of Construction

Construction Cost Estimating

in New York, which was considered the biggest profit since November 2011. on January 24 in the midst of a general decline in equities. As the statement of the company, sales are expected to be about $56 billion with a plus or minus of 5%. The average of 13 estimates compiled by Bloomberg was $55.5 Caterpillar jumped 5.9%