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More Americans Became Equity Rich During the Pandemic

Pro Builder

More Americans Became Equity Rich During the Pandemic. Fri, 11/12/2021 - 09:30. As home prices reach record highs, more homeowners are gaining significant equity, meaning that some can even sell their homes for twice the amount they owe on their mortgages, according to Realtor.com. In the third quarter of 2021, roughly 39.5%

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3 Takeaways from Living Future 2021

Stok

Once again, Living Future 2021 convened a brilliant group of thought leaders and practitioners to discuss the intersection of climate, health, and equity in the built environment. Here, our team shares key takeaways and points of inspiration from Living Future 2021. #1: ENERGY SYSTEM. Policies include setting a U.S.

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What to Expect in an Ongoing Home Price Bubble

Pro Builder

Wed, 12/22/2021 - 10:14. Throughout 2021, the average sales price of a home rose 16%, reports Forbes, though some metro areas like Boise and Austin reported gains over 30%. What to Expect in an Ongoing Home Price Bubble. While many regions will remain largely unchanged, others could see a crash in prices. Housing Markets.

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Federal Reserve Will Not Taper Monthly Bond Purchases Just Yet

Pro Builder

Thu, 07/29/2021 - 10:35. The National Association of Home Builders expects the Federal Reserve to announce a tapering of bond purchases before the end of 2021, but the department showed no signs of tapering in their latest meeting. We still expect 2021 GDP growth to be the best year since 1984. cbroderick.

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Everyone Wants in on Housing Flipping

Pro Builder

Wed, 09/08/2021 - 09:29. Mortgage trusts, pensions, hedge funds, private-equity firms, investment banks and insurance companies all want so-called flip loans, drawn by yields in the range of 8% to 12% at a time when one-year Treasurys pay less than 0.1%. Everyone Wants in on Housing Flipping. cbroderick.

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Markets With Extreme Weather are Only Affordable to the Wealthy

Pro Builder

Thu, 09/16/2021 - 10:41. A Tulane University associate professor of real estate told CNBC that these resiliency fixes create a “game of musical chairs” with home equity. . Eventually, however, a homeowner or bank could end up losing everything if a flood or other disaster destroys the house and makes the property unlivable.

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Builder of the Year Ivory Homes' Innovation Agenda

Pro Builder

Wed, 12/15/2021 - 17:31. Ivory Homes in Salt Lake City is Pro Builder's 2021 Builder of the Year. million in revenue from 1,323 closings last year —are what has earned Ivory Homes our Builder of the Year honor for 2021. Builder of the Year Ivory Homes' Innovation Agenda. Mike Beirne, Senior Editor. and Outward.