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Rapidly Rising Student Debt Keeps Millions from Homeownership

Pro Builder

Rapidly Rising Student Debt Keeps Millions from Homeownership. Student loan payments are holding many Americans back from becoming homeowners by keeping their debt-to-income ratios high. A 2019 survey by Zillow found 39% of potential buyers said student debt delayed their homebuying plans. Student debt nationwide has reached $1.6

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What You Should Know Before Taking a Construction Loan

Construction Marketing

Before approving your loan, the lender must review your projected budget estimates, detailed construction plans, and construction timelines to decide on your loan amount. In addition to meeting traditional borrower standards, the lender will inspect and approve construction timeline estimates, proposed budget, and architectural plans.

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Key Financial & Safety Metrics for Subcontractor Qualification 

Autodesk Construction Cloud

Extracting key ratios from financial statements and safety metrics from OSHA filings allows builders to gauge a subcontractor’s short-term and long-term health — and empower estimators with the data they need to make more informed bidding decisions. . FINANCIAL RATIOS: DEBT . Debt Ratio . Debt-to-Equity .

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Tiny Home Living is Thriving, But With Drawbacks

Pro Builder

No debt or financial burdens, endless travel, and little limitations are the big reasons why many turn toward tiny home living, but the pandemic has put a pause on many of those benefits. The report estimates that this market could increase by $5.8 billion between 2020 and 2024.

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How is Artificial Intelligence Helping Home Buyers?

Pro Builder

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.”. The mantra of real estate agents, especially in the current market, is list to exist. “In Digital Marketing. Digital Marketing.

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NAHB New Chair to Tackle Regulation and Promote Trades

Pro Builder

With the training they can obtain through organizations like the Home Builders Institute, they will be highly sought after—without the burden of student loan debt.”. Meanwhile, despite double-digit unemployment nationwide, new-home sales are estimated to be 1.9% Fowke has served on the NAHB’s board of directors for more than 20 years.

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Detroit’s problems may make blue infrastructure codes more likely

BD+C

But with suburban customers rebelling against high water rates and Wall Streetbond rating agencies downgrading the city’s water department debt this month to “junk” status, that option may be increasingly limited. Codes Codes and Standards'