Pro Builder

APRIL 5, 2023

Between July 2021 and June 2022, baby boomers made up the largest share of homebuyers for the first time since 2012, purchasing 39% of all homes sold compared with 28% of home purchases by millennials.

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Pro Builder

JANUARY 25, 2022

NAHB Chairman's Letter: Americans Want Action on Housing Affordability. A recent survey conducted by polling firm Morning Consult on behalf of the National Association of Home Builders shows strong support for policies that would make housing affordable for more Americans. Chuck Fowke, NAHB 2021 Chairman.

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Pro Builder

SEPTEMBER 30, 2021

Thu, 09/30/2021 - 10:36. Millennials have too much student debt to be home buyers, and they would rather rent in urban centers where they can walk to a restaurant to order specialty coffee and avocado on toast. Even among successful home buyers, the debt that did hold them back most from buying was student loan debt.

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Pro Builder

NOVEMBER 1, 2022

Housing Outlook: Is This a Recession … or Not? The current housing slowdown is a reality, but determining whether we’re in a recession right now isn’t so clear. After a two-year period of frenetic activity spurred by low mortgage rates and rising home prices, the housing industry has its finger on the reset button. “I

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Pro Builder

APRIL 2, 2021

Housing Costs are the Top Financial Concern for Older Millennials. Fri, 04/02/2021 - 09:19. The oldest Millennials are turning 40 this year and affordable housing remains a top concern for many in this generation. Scarcity driving up housing costs. Finding affordable housing is a challenge across generations.

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Construction Enquirer

JUNE 20, 2023

Modular house builder ilke Homes has filed a notice of intention to appoint an administrator as a deadline to save the cash-strapped business approaches. The Enquirer understands that ilke is being offered to potential buyers for bids over £1 with a number of major house builders approached over a possible deal.

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Construction Enquirer

JUNE 18, 2023

An update from administrator Opus Restructuring Llp has revealed the scale of debts left by the failure of the firm in April. The administrators report filed at Companies House is signed-off by Empire director Paul Rothwell who is also listed as a director of a series of other businesses mainly based at the same Doncaster address. .”

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Pro Builder

FEBRUARY 23, 2021

Tue, 02/23/2021 - 09:27. The rate of site-specific market studies doubled in January—an indicator that developers and investors are eyeing land at a high rate for built-for-rent housing, according to Forbes. Investors Dedicated Billions to Built-For-Rent in 2020—Expect Even More in 2022. cbroderick. Are You Ready for Build to Rent?

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Equity Cash Flow Debt Housing 97

Pro Builder

APRIL 26, 2021

Is the Housing Market in a Bubble? Mon, 04/26/2021 - 08:55. Bubbles are driven by irrational behaviors driving up prices, yet the housing market’s price acceleration can be pinpointed to low inventory. Bloomberg suggests the thriving housing market will remain for quarters, if not years. Home Prices Increase 17.2%—Is

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Pro Builder

JANUARY 8, 2021

The Causes and Implications of Fast Rising House Prices. Fri, 01/08/2021 - 10:03. A view on whether this is the new normal or a fading trend is necessary for any professionals in the housing industry, Layton suggests. . cbroderick. Home prices grew 1.5% in October alone and increased by 10.2% Tight labor markets.

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Pro Builder

NOVEMBER 11, 2021

First-Time Buyers Persevere in Difficult Housing Market. Thu, 11/11/2021 - 09:58. In part, the increase in first-time homeownership was a result of a larger share of buyers in the market as well as the ability of many first-time buyers to live at home with family during the pandemic to save money before buying a house.

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Pro Builder

NOVEMBER 11, 2021

First-Time Buyers Persevere Through Rough Housing Market. Thu, 11/11/2021 - 09:58. In part, the increase in first-time homeownership was a result of a larger share of buyers in the market as well as the ability of many first-time buyers to live at home with family during the pandemic to save money before buying a house.

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Pro Builder

OCTOBER 1, 2021

Fri, 10/01/2021 - 08:22. And those unfilled positions are a barrier to new residential construction and housing affordability. They need to understand that construction offers well-paying jobs and rewarding careers that are a viable alternative to a college degree and student debt. Chuck Fowke.

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Pro Builder

OCTOBER 1, 2021

Fri, 10/01/2021 - 08:22. And those unfilled positions are a barrier to new residential construction and housing affordability. They need to understand that construction offers well-paying jobs and rewarding careers that are a viable alternative to a college degree and student debt. Chuck Fowke.

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Pro Builder

SEPTEMBER 20, 2021

Mon, 09/20/2021 - 11:22. That’s different ways of paying off debt, different loan options, and this is one of the first times AI has been turned into something that helps consumers versus harms consumers.”. How is Artificial Intelligence Helping Home Buyers?

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San Francisco Claims Debt Documentation 104

Pro Builder

DECEMBER 15, 2021

Wed, 12/15/2021 - 17:31. Ivory Homes in Salt Lake City is Pro Builder's 2021 Builder of the Year. Instead, Clark Ivory reassumed his CEO duties and set a bold, uncharted course to diversify the company’s successful semi-custom, move-up home legacy to include affordable housing for an increasing underserved segment of buyers.

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Innovation Utah Housing Products 122

Pro Builder

DECEMBER 15, 2021

Wed, 12/15/2021 - 10:07. 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. Housing Markets.

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Pro Builder

JULY 7, 2021

Wed, 07/07/2021 - 10:44. The supply of entry-level housing is at a 50-year low. These houses, with their smaller footprints and selling prices, allowed young homeowners to build wealth and upsize as they started their families. But the supply of entry-level housing is at a 50-year low. They think ‘low-income,’ right?

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Income Debt Housing Deals 59

Pro Builder

JANUARY 12, 2022

A lot, according to the housing industry. From 2011 to 2021, the housing market experienced some cyclical patterns as well as several record highs and record lows, many of which were exacerbated by the COVID-19 pandemic and its economic implications. In 2021, that share has grown to 82%.

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Debt Housing Inventory Industrial 52

Pro Builder

JANUARY 12, 2022

A lot, according to the housing industry. From 2011 to 2021, the housing market experienced some cyclical patterns as well as several record highs and record lows, many of which were exacerbated by the COVID-19 pandemic and its economic implications. In 2021, that share has grown to 82%.

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Debt Housing Inventory Industrial 52

Pro Builder

APRIL 1, 2021

Thu, 04/01/2021 - 13:50. North Lincoln Homes is a public housing project in Denver that offers affordable row homes with rooftop solar arrays to help reduce monthly energy bills and reliance on legacy energy resources. Photo: courtesy Denver Housing Authority/Mike Laughlin Photographer. Housing's Now: The Ultimate Z.E.N.

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Innovation Electrical Denver Housing 134

Pro Builder

NOVEMBER 10, 2021

Wed, 11/10/2021 - 10:10. Close to 100,000 built-to-rent homes will have started construction this year, according to estimates from Brad Hunter, founder of the Hunter Housing Economics consulting firm. have made building rental houses a major component of their business. Housing Markets. Horton Inc. Horton Inc.

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Debt Phoenix Equity Housing 52

Pro Builder

FEBRUARY 5, 2021

Fri, 02/05/2021 - 10:34. Housing costs are the biggest expense Americans have, with about one-third of the average American salary going toward these. SmartAsset identified the salaries needed in the 15 largest metros to afford an average home payment and not exceed the recommended 36% debt-to-income ratio. cbroderick.

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Pro Builder

JULY 29, 2022

Senate Majority Leader Chuck Schumer and Senator Joe Manchin recently introduced a bill that will provide over $800 million to HUD to improve energy efficiency for affordable housing—here's how that helps and hurts home builders. Housing Policy + Finance. Senate Majority Leader Chuck Schumer (D-N.Y.) Joe Manchin (D-W.V.) Affordability.

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Pro Builder

APRIL 22, 2021

Thu, 04/22/2021 - 10:57. ADAPTHAUS, the University of Illinois Urbana-Champaign’s Solar Decathlon 2020 entry, offers up a housing idea for young professional homeowners in need of affordable, flexible housing options. ADAPTHAUS resulted from extensive research into the type of housing needed in Champaign, Ill.,

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Pro Builder

JUNE 11, 2021

Fri, 06/11/2021 - 09:31. A March survey by the Public Policy Institute of California found that nine out of 10 Californians considered housing affordability a problem, and nearly one in three were considering leaving the state because of it. Housing Policy + Finance. Housing Markets. Housing Policy + Finance.

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California Income Debt Finance 52

Pro Builder

MARCH 21, 2023

metros in 2021, their time is coming soon, Insider reports. Aging Gen-Zers are entering the housing market with gusto, but when beginning their housing searches, many are finding a series of obstacles to homeownership exacerbated by a turbulent economy and the many inherent disadvantages that come with being a first-time buyer.

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Debt Housing Metro Roads 52

Pro Builder

SEPTEMBER 13, 2021

Mon, 09/13/2021 - 09:44. In Maryland, nearly 19% of renters are behind on payments, averaging more than $4,500 in rent debt and California’s 15% of renters behind on payments are behind nearly $5,200 on average, according to data from health and data nonprofit Surgo Ventures. Millions of Renters Left Waiting as Aid Disbursement Lags.

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New York Debt New York City Maryland 52

Pro Builder

SEPTEMBER 13, 2021

Mon, 09/13/2021 - 09:44. In Maryland, nearly 19% of renters are behind on payments, averaging more than $4,500 in rent debt and California’s 15% of renters behind on payments are behind nearly $5,200 on average, according to data from health and data nonprofit Surgo Ventures. Millions of Renters Left Waiting as Aid Dispersement Lags.

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New York Debt New York City Maryland 52

Pro Builder

AUGUST 25, 2022

Buying a home is becoming a near-impossible feat for a growing number of house hunters all across the U.S., percent in 2021, up from 47.5 Soaring Prices, Waning Supply Hinder First-Time Minority Buyers. Thu, 08/25/2022 - 10:49. but for young minority buyers, the path to homeownership is obstructed in more ways than one. percent to 43.3

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Debt Housing Income Washington 52

BD+C

AUGUST 24, 2023

A multifamily design for multigenerational living 0 qpurcell Thu, 08/24/2023 - 09:21 Multifamily Housing KTGY’s Family Flat concept showcases the benefits of multigenerational living through a multifamily design lens. As of March 2021, 18% of Americans are in multigenerational housing, totaling 59.7 million individuals.

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Pro Builder

AUGUST 6, 2021

Fri, 08/06/2021 - 09:23. That measure expired on July 31, but the rapid increase in housing prices while it was in force means that many struggling homeowners may now be able to sell their property for a gain and avoid foreclosure. There remain pockets of the country where housing debt-traps are widespread. cbroderick.

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Equity Cleveland Debt Philadelphia 52

Pro Builder

SEPTEMBER 30, 2021

Thu, 09/30/2021 - 14:51. Sure, the bustling housing cycle will cool at some point, but we should all resist going back to business as usual. I’ll bet you know at least one college graduate carrying huge student loan debt and a job where they’re underemployed. From the Pandemic. Tony Callahan. And to what end?

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Inventory Materials Industrial Schedule 98

Pro Builder

SEPTEMBER 30, 2021

Thu, 09/30/2021 - 14:51. Sure, the bustling housing cycle will cool at some point, but we should all resist going back to business as usual. I’ll bet you know at least one college graduate carrying huge student loan debt and a job where they’re underemployed. 5 Supply-Chain Takeaways ?From From the Pandemic. Tony Callahan.

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Inventory Materials Industrial Schedule 98

Pro Builder

JUNE 9, 2021

Wed, 06/09/2021 - 06:00. debt-to-GDP ratio was considerably higher during World War II than it is today, and you never hear anyone suggest we overspent fighting Hitler and Tojo. Each day sees another article or blog post about potential customers being priced out of the housing market. What Labor Shortage? Lather, rinse, repeat.

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Profitability Remodeling Cash Flow US 98

CivilJungle

MAY 28, 2021

Also, Read: House Construction Cost Calculator Excel Sheet. Also, Read: How to Find House Construction Cost. Also, Read: Standard Room Size | How to Draw House Plan Step By Step. Top 10 Best Cement Companies In India 2021. Electrical and Plumbing. Exterior Finishing. Internal Finishes. Woodwork and Fixture Fittings.

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Plans Construction BIM Permits 52

Pro Builder

JUNE 9, 2021

Wed, 06/09/2021 - 06:00. debt-to-GDP ratio was considerably higher during World War II than it is today, and you never hear anyone suggest we overspent fighting Hitler and Tojo. Each day sees another article or blog post about potential customers being priced out of the housing market. What Labor Shortage? Lather, rinse, repeat.

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Remodeling Cash Flow Profitability US 52