Pro Builder

NOVEMBER 2, 2021

Key Characteristics of the 2021 Housing Market. Tue, 11/02/2021 - 09:33. High demand, low housing supply, a lack of starter homes, and fierce competition are the critical factors of a booming 2021 housing market reporting record-breaking prices, says Forbes Business Council. Housing Markets.

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Pro Builder

JANUARY 27, 2022

Homeownership Is Becoming the More Affordable Option in Most Housing Markets. Housing prices are high all around, but low mortgage rates, rising wages, and home-equity wealth are giving buyers an edge over renters. housing markets, according to The Washington Post. housing markets, according to The Washington Post.

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San Antonio Housing Houston Tampa 98

Pro Builder

NOVEMBER 12, 2021

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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Construction Enquirer

JUNE 14, 2023

Yorkshire-based modular house builder ilke Homes is being offered to potential buyers for bids of over £1. Backers of the loss-making ilke are understood to have approached three major house builders in an effort to attract further investment into the business. This came after a £60m injection in November 2021.

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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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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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Construction Enquirer

JUNE 30, 2023

Modular house builder ilke Homes has been placed into administration after failing to find a buyer for the business. They are understood to have approached a trio of major volume house builders but could not tempt them to make an offer even after inviting nominal bids of over £1. This came after a £60m injection in November 2021.

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Pro Builder

MAY 20, 2022

Homes Were Equity-Rich in the First Quarter of 2022. Equity-rich homeowners are cashing out and leaving pricey markets to buy new homes in low-cost states. A red-hot housing market is pushing home values to new highs, and a subsequent increase in equity wealth is motivating some homeowners to relocate, according to The New York Times.

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Pro Builder

JULY 30, 2021

Fri, 07/30/2021 - 09:36. June housing inventory was up 3.3% Builders continue to make strides in meeting housing demand, finds NAR. Builders continue to make strides in meeting housing demand, finds NAR. 2 of the active mortgages were in the forbearance program as of March 2021. cbroderick. There were 1.6

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Pro Builder

FEBRUARY 4, 2022

Homeowners Record High Housing Wealth. Nearly half of all homeowners were considered equity-rich at the end of 2021 after a $2.6 trillion gain in tappable equity. Annual home price gains averaged 15% in 2021, a substantial increase from 6% in 2020, and according to expert economists, the upward trend is continuing.

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Pro Builder

JUNE 11, 2021

Collective Home Values Increased $2 Trillion in 2021 So Far. Fri, 06/11/2021 - 09:22. Historic increases in home values added tens of thousands of dollars to the average homeowners’ equity. CNBC reports equity advanced 20% during the first quarter of 2021 compared to one year prior. cbroderick. Read More. .

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Pro Builder

AUGUST 10, 2021

Tue, 08/10/2021 - 09:37. The intense housing market and strong equity growth will offer these homeowners more options than those in 2008 who were pushed into involuntary foreclosure, says Zillow. months of additional supply will come to market and represent 5% of home sales from August – October 2021. .

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Pro Builder

DECEMBER 28, 2021

Tue, 12/28/2021 - 10:10. Buyers who found no luck in 2021 may run into yet another tough market in the months to come. Higher home values boosted equity for homeowners during the pandemic, making the market much more competitive and less affordable for first-time buyers into the start of 2022, according to CNET. Housing Markets.

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Pro Builder

JUNE 17, 2021

Amazon Commits $300 Million for Affordable Housing. Thu, 06/17/2021 - 10:45. The company will use $300 million from its Housing Equity Fund for the development of the units in the cities where its headquarters are located, but it’s just a part of Amazon’s $2 billion commitment to invest in its cities. Housing Markets.

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Pro Builder

NOVEMBER 2, 2022

The mid-pandemic housing boom created affordable pathways to homeownership for minority buyers, narrowing a historically rooted racial gap that has pushed Black, Latino, and Asian households into the rental market for decades. Not at all,” said Taria Faison, 45, a Baltimore podcaster who closed on a townhouse in fall 2021.

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Baltimore Equity Washington Housing 95

Pro Builder

MARCH 24, 2023

Report Finds Existing US Housing Stock Still Needs More Investment ibush Fri, 03/24/2023 - 07:50 Despite the pandemic boom in remodeling, a new report from Harvard's Joint Center for Housing Studies finds many U.S. remodeling market to the tune of $567 billion in 2022.

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Pro Builder

JULY 6, 2021

Tue, 07/06/2021 - 07:00. Chuck Fowke / NAHB 2021 Chairman. Taking Concrete Steps Toward Diversity, Equity, and Inclusion. NAHB’s Diversity, Equity, and Inclusion Compact: 5 Guiding Principles. Diversity, equity, and inclusion are not just buzzwords. Building the Pipeline for Next-Gen Skilled Labor.

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Green Building Law Update

AUGUST 29, 2021

The bill also requires the State government to prepare an equity report that compiles diversity data relating to corporate boards, leadership, and missions.

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Pro Builder

SEPTEMBER 21, 2021

Steady Housing Market Expected as Foreclosure Protections Expire. Tue, 09/21/2021 - 11:13. Few experts polled anticipate foreclosed homes will be adding to housing inventory. Few experts polled anticipate foreclosed homes will be significantly adding to housing stock. of supply, according to the panel.

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Pro Builder

MARCH 23, 2021

Tue, 03/23/2021 - 10:13. One East Los Angeles native-turned-landlord became frustrated with the struggle to create smart yet low-cost housing solutions and turned to accessory dwelling units as a solution. How One Designer Changed ADU Construction, Saving Builders Thousands. cbroderick. Read More. . Construction.

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Pro Builder

JUNE 28, 2021

Mon, 06/28/2021 - 09:41. In order to assist more lower-income homebuyers and close the racial homeownership gap, the Federal Housing Administration (FHA) will change the way it reviews an applicant’s student loan debt. Housing Policy + Finance. Housing Policy + Finance. cbroderick. Read More. .

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Pro Builder

MAY 9, 2022

How Employer-Assisted Housing Programs Are Paving a Path to Homeownership. Employer-assisted housing (EAH) programs offer incentives for employees making home purchases. Housing Policy + Finance. Housing Policy + Finance. Mon, 05/09/2022 - 10:26. New-Home Sales. Human Resources.

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Pro Builder

SEPTEMBER 8, 2021

Everyone Wants in on Housing Flipping. Wed, 09/08/2021 - 09:29. One Long Island-based house flipper says now is the best time to be in the business, but finding inventory to rehab is the hard part. to make more loans to house flippers as well as landlords, who buy a lot of rehabbed houses. cbroderick.

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Stok

MAY 25, 2021

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. Policies include setting a U.S.

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Pro Builder

SEPTEMBER 16, 2022

homes bought with all cash is still above pre-pandemic levels after a surge in all-cash purchases during a two-year housing boom. home values have skyrocketed since the start of the pandemic, which means Americans who sell a home in a pricey place like San Francisco may use equity to pay cash in a more affordable area like Las Vegas.

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Pro Builder

NOVEMBER 9, 2021

Why One Prominent Market Analyst Sees No Sign of Housing Shortage. Tue, 11/09/2021 - 09:22. After accurately timing the 2005 market before its crash, Ivy Zelman is once again raising concerns about the 2021 market, but for reasons which seem to contradict the sentiments and frustrations of other analysts, The Real Deal reports. .

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Pro Builder

FEBRUARY 9, 2022

With Limited Inventory, Buyers Are Competing for an Aging Housing Stock. The total share of buyers who purchased a new home in 2021 was just 15%, down from 28% in 2003 but up from a low of 13% in 2019, the National Association of Realtors reports. Housing Markets. Wed, 02/09/2022 - 10:21. New-Home Sales. Market Data + Trends.

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Pro Builder

APRIL 19, 2021

The Housing Market's High Risk, High Reward. Mon, 04/19/2021 - 11:35. The housing market has reached the high risk/high reward part of the cycle, and John Burns Real Estate managing principals Ken Perlman and Lesley Deutch call out the opportunities that can lead to those rewards . Consumers made $1.0

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Pro Builder

SEPTEMBER 10, 2021

Fri, 09/10/2021 - 09:25. But 98% of those troubled borrowers now have at least 10% equity in their homes, not counting their missed payments. Including those payments, 93% still have more than 10% equity. Given today’s tight housing market, the majority could easily sell and still pocket some profit. cbroderick.

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Pro Builder

SEPTEMBER 9, 2021

Quarter of Wealth Gap Between Latino-White Households Comes from Housing. Thu, 09/09/2021 - 10:50. A quarter of the wealth gap between white and Latino households stems from housing wealth disparities, reports Zillow. White households have nearly 50% more wealth than Latino, and much of that boils down to housing disparities.

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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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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. The nation's double-digit home price appreciation, which has pushed homeowner's equity to record highs, isn't necessarily good news for all homeowners. Housing Markets. Financials.

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Pro Builder

AUGUST 12, 2021

There’s a Long-Standing Housing Crisis for Canada’s Indigenous Population—These Firms Have a Plan to Help. Thu, 08/12/2021 - 10:27. Just 500 people live In the remote town of Fort Severn in Ontario, but its intense struggle with a housing crisis is just one of many seen throughout northern Canada. Housing Markets.

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Pro Builder

JUNE 8, 2021

Tue, 06/08/2021 - 06:00. Epcon Communities started in 1986 building homes in central Ohio for active adults before launching a franchising business in 1995 that offers house plans and support. 51 on Pro Builder’s 2021 Housing Giants ranking of the nation’s largest builders. Mike Beirne, Senior Editor. Paul Hanson. ??????President.

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Pro Builder

JUNE 10, 2021

Share of Built-for-Rent Housing Expected to Double by 2024. Thu, 06/10/2021 - 09:57. These economic forces and generational preferences are creating a new kind of housing: the landlord suburb. Monthly mortgage payments that would be a resident’s equity are now income for real-estate companies. cbroderick.

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Pro Builder

JULY 5, 2022

Homebuyers priced out of single-family purchases are finding more affordable housing alternatives without giving up the equity-building benefits of single-family homeownership. in April 2021 compared to an average 13.3% growth for single-family houses, Realtor.com reports.

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Pro Builder

DECEMBER 22, 2021

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%. In comparison, home prices rise no more than 5% a year on average, and even during the 2005 housing bubble, price growth stayed under 12%. Housing Markets.

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