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Forbearance Exits Expected to Add Inventory

Pro Builder

Forbearance Exits Expected to Add Inventory. A wave of inventory could come soon as hundreds of thousands of homeowners are expected to exit forbearance, with a significant share likely to list their homes. This not only benefits the market’s inventory problem, but homeowners can benefit from the significant price appreciation.

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Opportunities Shine in Community Solar

Green Building Law Update

A recent federal government inventory found less than 81 megawatts of community solar projects in total (versus over 4,400 megawatts of installed residential rooftop solar in the U.S.). Today there are only a handful of community projects actually producing power in Arizona, Colorado, California and Maryland.

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Maryland becomes First State to Ban Polystyrene this Thursday

Green Building Law Update

As a result, food service businesses and schools could continue to use existing inventories of polystyrene food service products until October 1, 2020, but were not be able to purchase additional polystyrene food service products after July 1, 2020.

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Giving Building Materials a Second Chance

Natural Building

Baltimore-based nonprofit Second Chance salvages unwanted building materials from single-family homes and other buildings. All of the items gathered are displayed in the company’s 250,000-square-foot retail location in downtown Baltimore, which sells to builders, designers, collectors, and the general public. warehouse in Baltimore.

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November Homes for Sale Reach Record Low

Pro Builder

Limited inventory is causing yet another increase in home prices at the end of 2021. The smallest increases were in Baltimore; Bridgeport, Connecticut; and Newark, New Jersey. November Homes for Sale Reach Record Low. Tue, 12/21/2021 - 09:56. Single-Family Homes.

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First-Time Buyer Affordability Fell Sharply in Q1 2022

Pro Builder

Even as rising mortgage rates put a damper on heated buyer competition, inventory remains below pre-pandemic rates, meaning that prices might not fall as quickly as many priced-out buyers may have hoped. Other affordable metros include: Cleveland (3.1), Detroit (3.5), Buffalo, New York (3.6); and Baltimore (3.7). Affordability.

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First-Time Homebuyers Found No Relief From Rising Prices in Q4 2021

Pro Builder

First-time buyers struggled the most in the wake of record high home prices and a lack of starter inventory, but metros like Pittsburgh and Cleveland offered some relative affordability. Detroit joined this lineup, nudging out Minneapolis and Baltimore. times median first-time buyer income, Cleveland (3.1), St.