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Remodeling Expenditures See Strong Growth in 2021

Pro Builder

Remodeling Expenditures See Strong Growth in 2021. Fri, 10/22/2021 - 09:56. Harvard’s Joint Center for Housing Studies is monitoring the rise of repair and improvement sales and their effect on growing demands within a booming housing market. Remodeling projects are picking up speed across the U.S.

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Mortgage Equity Withdrawal Increased Sharply in Q4 2021

Pro Builder

Mortgage Equity Withdrawal Increased Sharply in Q4 2021. trillion from the housing bubble peak, but higher mortgage rates in 2022 could change that. In Q4 2021, mortgage debt increased $245 billion, the largest quarterly increase since 2006. of GDP during the housing bubble. Fri, 03/11/2022 - 10:37. Financials.

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More House Hunters Are Seeking Out Diverse Neighborhoods

Pro Builder

More House Hunters Are Seeking Out Diverse Neighborhoods. Fri, 10/22/2021 - 10:04. How the housing market is prioritizing inclusivity. housing market adapts to a more diverse national population, developers are pushing for more inclusive housing for ??economically, As the U.S.

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Millennials Are Flooding the Housing Market, but Cash-Strapped Boomers Are Standing in Their Way

Pro Builder

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. For better or worse, homeownership is the most popular form of wealth building for most American households.

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What To Expect From a 2022 Housing Market

Pro Builder

What To Expect From a 2022 Housing Market. Wed, 11/17/2021 - 10:13. Though home prices will continue to rise, they may grow at a slower pace than in 2021 as more potential buyers are priced out and demand weakens. . And the highest median price — $362,800 in June 2021 — was nearly $60,000 over the median price in January 2021.

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How iBrokers Are Inching Into the Housing Market

Pro Builder

How iBrokers Are Inching Into the Housing Market. Wed, 11/24/2021 - 09:35. Orchard allows its customers to move forward with a new home without waiting for the sale of their old home by facilitating new home purchases and guaranteeing that the price of the old home becomes instant equity. Housing Markets.

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Single-Family Homeowner Wealth Reaches $225,000 Over 10-Year Period

Pro Builder

Homeowners who purchased a single-family existing home 10 years ago could rake in significant home equity gains in an elevated seller’s market. annually from 2016 Q3 through 2021 Q3. from 2006 Q3 through 2021 Q3. from 2006 Q3 through 2021 Q3. Housing Markets. Mon, 01/10/2022 - 09:56. Market Data + Trends.

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