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Rapidly Rising Student Debt Keeps Millions from Homeownership

Pro Builder

Rapidly Rising Student Debt Keeps Millions from Homeownership. Student loan payments are holding many Americans back from becoming homeowners by keeping their debt-to-income ratios high. A 2019 survey by Zillow found 39% of potential buyers said student debt delayed their homebuying plans. cbroderick. Read More. .

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State of the Construction Industry: January Roundup

Viewpoint Construction Technology

We’re one month into 2019 and already there are some big stories making waves across the United States — from the government shutdown and battle over a potential border wall to the impacts from tariffs and concerns of a slowing economy. A number of high-profile infrastructure projects could give the construction industry a boost in 2019.

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Brokers look forward to a commercial real estate market that mirrors 2018’s solid results

BD+C

Commercial real estate brokers are optimistic about their industry’s growth prospects for 2019, according to a poll of brokers that Transwestern released last month. They are buoyed by strong consumer and business confidence, steady employment growth, and the anticipation of available debt and equity liquidity.

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How Down Payment Loans Affect the Housing Market

Pro Builder

In August 2019, 30% of mortgage loans were backed by the FHA, VA, or USDA, according to NAR data. A record 73% of all new mortgage debt in the first quarter of 2021 went to buyers with credit scores of 760 or above, according to data from the New York Federal Reserve.

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Where Were the Homeownership Gains?

Pro Builder

Households under 35 years old experienced the fastest growth in homeownership than any other age group during 2019. Households under 35 years old experienced the fastest growth in homeownership than any other age group during 2019, according to the Federal Reserve Board. Market Data + Trends. Market Data + Trends.

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Making Sense of the Construction Tax Landscape

Viewpoint Construction Technology

Eve Dreyfuss, Tax Partner with Moss Adams, presented an in-depth review of 2018-2019 tax measures under the new Tax Cuts & Jobs Act that will impact construction companies. A Tax Review. In the kickoff event, held Feb. 5 in San Francisco. Develop a solid financial strategy and stick to it.

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ReportL 2020 Sees Dip in Tall Building Completions

Construction Junkie

While 2019 broke the record for most supertall buildings , defined as 300 meters or more in height, it saw a 13.7% 2020 continued the trend of less tall buildings, with a 20% decline versus 2019, but that shouldn’t be all that surprising given the year we had last year. 133 in 2019), with 21 of those being supertall buildings.