Remove 2020 Remove Finance Remove Permits
article thumbnail

Model Sustainability and Green Building Initiatives for a More Verdant City and Town

Green Building Law Update

Bill 8-14 would require new or extensively remodeled buildings for which County government finances at least 30% of the costs, to generate at least 1 kilowatt of renewable energy for every 1,000 square feet of floor area.

Green 136
article thumbnail

Mortgage Rates Return to March 2020 Levels

Pro Builder

Mortgage Rates Return to March 2020 Levels. At the end of January, the average rate on a 30-year fixed mortgage hit a low of 2.75%—it now rests at 3.45%, the same rate as March 2020. Prices are now up over 10% from this time in 2020, according to CoreLogic, and there appears to be no letup in the gains. Financing.

Finance 52
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Selling a House with Solar Panels is Fraught with Peril

Green Building Law Update

Or, if you are moving to a new home in the same utility district, then where permitted by the local utility, the system can be moved to your new home. but not all and maybe not even most) file a UCC-1 financing statement in the real estate records that puts third parties on notice to their rights in the system.

Housing 207
article thumbnail

Will Rising Mortgage Rates and Home Prices Slow Housing Demand?

Pro Builder

Single and multifamily construction starts dropped to the lowest pace since August 2020, which could mean the market will soon reach a turning point, says CNBC. Single-family, the sector with the highest demand and record shortages, posted a 10% decrease in construction permits. Watch More. . Market Data + Trends.

Housing 52
article thumbnail

Could Every U.S. Home Be Retrofitted to Zero-Energy?

Pro Builder

Fri, 11/20/2020 - 09:07. To make the shift possible, the government needs to enable cheap financing, since the upfront cost of buying an electric car or putting solar panels on the roof is still often out of reach. But because the systems are cheaper to run over time, if consumers get low-cost financing, they will save money.

Finance 52
article thumbnail

Builder of the Year Ivory Homes' Innovation Agenda

Pro Builder

1 home builder in building permits and construction value, scaring off every large-volume, multistate production operation that dared enter Ivory’s Wasatch Mountain lair. The builder reported 1,323 closings in 2020, raising its ranking among Pro Builder’s 2021 Housing Giants to No. Photos: courtesy Ivory Homes. The Prize of Innovation.

article thumbnail

Housing Outlook: Is This a Recession … or Not?

Pro Builder

In September, the HMI stood at 46, after peaking at 90 in late 2020, and it was 83 in January of this year —for the HMI, anything below 50 indicates poor market conditions. Another important indicator of industry health is the rate of single-family housing starts, which increased by 13% in both 2020 and 2021. Housing Policy + Finance.

Housing 98