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The March 2021 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) is 67.7, MCI-EFI is published by the Equipment Leasing & Finance Foundation and serves as an assessment of both the… an increase from the February index of 64.4, and the highest level since April 2018.
Mon, 09/27/2021 - 08:00. In 2020, there was some tightening of surety credit for certain sectors, but generally speaking, the premier contractors had no issues securing bonds and that trend is expected to continue and the surety and finance industry is forecasted to be robust for the remainder of 2021 and into 2022.
Tue, 08/24/2021 - 15:46. Although 2021 projections are looking up, this unprecedented economic situation put many contractors in a tough spot, with uncertain financials making them only eligible for more expensive nonsurety bonds. Accounting & Finance. 5 Tips for Moving From Nonstandard to Standard Surety. Greg Ragsdale.
Fri, 05/21/2021 - 07:30. While I am enthusiastic about many subjects, strategic financial leadership is a personal favorite because it seamlessly blends my passions, which are three of the most critical levers of organizational success: business strategy, finance and leadership. A Shift in Strategy. Alex Headley.
First-Time Buyers Are Choosing Conventional Over FHA Financing. Mon, 03/01/2021 - 09:43. Just 24% of first-time buyers went with an FHA loan in January while 59% of first-time buyers obtained conventional financing, reports the National Association of Realtors. Financing. cbroderick. Read More. . Financials.
The Equipment Leasing & Finance Foundation releases the January 2021 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) today. The index reports a qualitative assessment of both the prevailing business conditions and expectations for the future as reported by key executives…
Homeowners in These States Paid the Highest Property Taxes in 2021. states with the highest tax bills in 2021, while homeowners in southern states saved the most money on property taxes. of the total in 2021. Other factors are clearly at play, and state and local government financing turns out to be a major one.
The Equipment Leasing and Finance Association’s Monthly Leasing and Finance Index showed its overall new business volume for March was $10.6 billion, up 14% year-over-year from new business volume in March 2021. Year-to-date, cumulative new business volume was up 5% compared to 2021. in the same period in 2021.
Capital spending will increase this year, according to an analysis by the Equipment Leasing and Finance Association (ELFA). This is one of 10 trends the group predicts in its Top 10 Equipment Acquisition Trends for 2021: The U.S. economy will be a tale of two halves. The effects of the pandemic…
Central Construction business finances are complex, with multiple budgets for different job sites, lots of employees who need corporate cards, and complex systems to calculate cash flow. Since 2021, Chris has been helping manage Cal Wadsworth Construction and the company has seen near 100% growth in that time.
The post Finance & Insurance: Fintech’s Future Is Now appeared first on Business Facilities Magazine - Area Economic Development, Site Selection & Workforce Solutions. Biometrics, artificial intelligence and blockchain are being embraced by the financial services and insurance sectors, fueling a wave of fintech startups.
Fri, 10/15/2021 - 09:43. Many first time buyers depend on mortgage loans financed by the Federal Housing Administration, whereas sellers in a tight market are looking for home shoppers with the “highest down payment, a near perfect credit score, and the ability to outbid others,” according to Zonda Chief Economist Ali Wolf. .
Tue, 12/28/2021 - 10:24. Conforming loan limits will increase in about 100 pricey housing markets as 2021 comes to a close. The Federal Housing Finance Agency (FHFA), which oversees Fannie Mae and Freddie Mac, is required by the Housing and Economic Recovery Act to adjust the loan limits according to changes in home prices.
by the end of January 2021 as builders and buyers eye affordability in the new year. Higher rates will impact affordability, but housing inventory will remain a much higher priority for builders, particularly after month-end active listings reached a historic low of 1,184 from December 2021 to January 2022. Housing Policy + Finance.
Wed, 09/29/2021 - 08:43. Accounting & Finance. The Blueprint for Better Expense Management. How Construction Companies Can Boost Cash Flow and Profitability. Greg Ragsdale. How your company pays for purchases and manages expenses impacts your employees, your customers, and your key business metrics, including profitability. Main Image.
Annual growth in equipment and software investment will outpace overall GDP growth in 2021, according to a report from Equipment Leasing & Finance Foundation. Its 2021 Equipment Leasing & Finance U.S. Economic Outlook calls for investment to grow by 7.8 percent, compared to GDP growth…
The Equipment Leasing & Finance Association says equipment and software investment growth is expected to be robust this year with annual equipment and software investment growth forecast at 11.2 percent for 2021. GDP growth for 2021 is forecast at 5.7 Also, annual U.S. percent according to the…
Leading the Home Building Industry: Pro Builder's 2021 Forty Under 40. Wed, 04/07/2021 - 15:02. Meet our class of 2021—the rising stars in home building. Pro Builder is proud to present the Forty Under 40 Class of 2021. Pro Builder is proud to present the Forty Under 40 class of 2021. Alex Akel, 29. Akel Homes.
Property Tax Collections Remained Stable in 2021. A steady stream of property taxes accounted for the largest share of state and local revenue throughout 2021. billion in taxes paid by property owners at the close of Q4 2021, a 1% quarterly increase after a 0.6% in Q3 2021, the second such decrease since 2012. Financials.
Wed, 06/23/2021 - 09:31. Housing Policy + Finance. Financing. Some Buyers Fear the End of Low Mortgage Rates is Here. cbroderick. Both mortgage rates and applications to refinance a home loan increased slightly last week, reversing course for previous trends. Read More. .
Thu, 07/22/2021 - 13:40. Lindy Oliva, president of PulteGroup’s Houston division, entered the industry through a finance position, but it was embracing each opportunity that came her way that got her to where she is today. Women at WIRC Podcast: Lindy Oliva, Episode 18. cbroderick. Women at WIRC.
Tue, 07/06/2021 - 12:00. OSHA issued the ETS in June 2021 and announced that the new standard applies only to workers in health care settings. During the first quarter of 2021, the value of real estate assets increased faster than real estate liabilities. trillion, a $940 billion gain, by the end of March 2021.
Mon, 12/06/2021 - 09:39. In October 2021, the annual inflation rate hit its highest record in over 30 years, impacting everything from gas prices to housing affordability, Realtor.com reports. Financing. What Buyers and Sellers Can Expect From Rising Inflation. Stern School of Business. Housing Markets. Market Data + Trends.
Mon, 09/27/2021 - 11:27. A variety of factors are causing buyers to step away: lack of affordable homes, especially at price points below $250,000; single-family homes priced at $250,000 and below made up 29% of single-family existing-home sales in 2021. Bidding Wars Wane as First-Time Buyers Stop Looking. in 2020 and 5.2%
Mon, 06/28/2021 - 09:41. Minorities, she said, disproportionately have past credit issues that can make it more difficult for them to qualify for conventional financing. Housing Policy + Finance. Housing Policy + Finance. FHA Will Change How Student Loan Debt Affects Eligibility. cbroderick. Read More. .
in the year ending in August 2021, according to JLLs H2 2021 Construction Outlook. from 2020 to 2021. In 2021, lumber prices hit an all-time high since records started in 1949. in the year ending August 2021, according to the JLL report. Finance job costs and material purchases. over the same time period.
Mon, 04/12/2021 - 09:11. Housing Policy + Finance. Housing Policy + Finance. Biden Proposes 15% Budget Increase for HUD Aimed at Affordable Housing. cbroderick. President Biden hopes to increase the U.S. Department of Housing and Urban Development’s budget by 15%, with funds aimed at boosting affordable housing. Read More. .
Wed, 03/10/2021 - 09:25. The National Association of Home Builders’ housing affordability pyramid for 2021 shows the highest priced home households can afford based on their income. In 2021, about 21.1 NAHB Research Finds 40.1 Million Households Cannot Afford $175,000 Home. cbroderick. million households in the U.S.
elects former project finance exec governor and iron worker VP loses NJ state senate race Hydropower corridor owner Avangrid files Maine court suit claiming measure to kill project violates state and federal law, while Va.
Less Than Half of Black Households Were Homeowners in 2021. From October 2020 to September 2021, just 9.1% of Black households were homeowners in the fourth quarter of 2021 in comparison to 74.4% Housing Policy + Finance. Mon, 02/14/2022 - 10:35. of total U.S. buyers were Black, and only 43.1% Read more. . Demographics.
Hydropower corridor owner Avangrid files Maine court suit claiming measure to kill project is unconstitutional, while ex-project finance exec Glenn Youngkin is Va. governor-elect and iron workers' union VP Steve Sweeney loses NJ state senate race and its presidency
Property Taxes Made Up the Largest Share of State and Local Tax Receipts in 2021. billion in state and local tax receipts throughout 2021. of state and local tax receipts from the fourth quarter of 2020 to the final quarter of 2021 for a whopping $672.5 Housing Policy + Finance. Thu, 03/24/2022 - 10:37. Financials.
Thu, 04/08/2021 - 10:28. Joseph Gyourko, a real-estate and finance professor at the University of Pennsylvania’s Wharton School, said the Biden administration’s proposed grant program would help compensate for the costs and burdens of new construction, such as increased congestion, that can stymie affordable housing projects.
3 claiming referendum to kill project violates state and federal law; former project finance top exec Glenn Youngkin is Virginia governor-elect; while iron workers' union official Stephen Sweeney appears to have lost his N.J. Owner utility Avangrid files Maine court suit Nov. senate seat and leadership post
Law360 has named two Troutman Pepper practices among its Practice Groups of the Year for 2021. Partner Luke Eaton also was recognized in 2021 by Law360 as a Construction Rising Star. Construction and Energy Practices Honored With National Awards. Energy is in our firm’s DNA,” said Partner Chris Jones. “We
Fri, 10/22/2021 - 09:42. If you don’t think you’re going to be someplace for three years or more, the transaction costs are just too high to buy,” said Norman Miller, a professor of real estate finance at the University of San Diego. Single-Family Rentals Are Taking Over the Housing Market. New-Home Sales. Market Data + Trends.
Tue, 12/14/2021 - 09:52. Mortgage Lender Predictions for 2022. From the biggest market disruptors to housing legislation, here’s what mortgage lenders are expecting in 2022.
Wed, 02/10/2021 - 09:30. Increasing Number of Prospective Buyers Are Turning Active. cbroderick. The National Association of Home Builders says low mortgage rates, a desire for more space, and the suburbs are the main reasons prospective buyers are now turning into active buyers. Read More. . Market Data + Trends. Market Data + Trends.
Fri, 02/05/2021 - 10:13. Buyers Face Tough Conditions as Housing Inventory Drops 43% Annually. cbroderick. If homebuyers are fed up with the rising home prices and low inventory now, the upcoming spring homebuying season could make this season look effortless. New listings also tumbled 23% compared to last year. Read More. .
But the 2021 IECC has yielded some inefficient outcomes. Looking at Climate Zone 4, Home Innovation’s analysis finds that the 2021 IECC provision costs $4,970 for a 2,500 square foot house, resulting in a payback period for the homeowners as high as 100 years. It is critical that the U.S. Energy Information Agency.
Fri, 06/11/2021 - 09:41. That’s the question many prospective buyers and renters face, and the answer usually comes down to finances. It's Now Cheaper to Rent Than Buy in Every State. cbroderick. To rent or to buy? The answer today is simple: renting is cheaper than buying in nearly every state.
Mon, 01/18/2021 - 10:01. Housing Policy + Finance. Biden's Stimulus Plan Includes Eviction Moratorium Extension. cbroderick. President-elect Joe Biden’s $1.9 trillion stimulus plan includes an extension of the national eviction moratorium until September. Both evictions and foreclosures will be barred until Sept. Read More. .
Thu, 01/07/2021 - 17:06. Chuck Fowke, 2021 NAHB chairman. This January 2021 issue of Pro Builder marks the beginning of an ambitious new partnership between the National Association of Home Builders and SGC Horizon , publisher of this and other top housing industry brands. 9-12, 2021.
in February 2022 but slightly higher than December 2021, according to Realtor.com's Spring 2023 Investor Report, which focused on investors who purchase property to hold and rent out, rather than home flippers. Read more Financing Market Data + Trends Market Data + Trends of home purchases, down from the peak of 8.9%
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