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Philadelphia High School Students Learn Carpentry Skills by Building Boats

Pro Builder

Two groups of high school juniors and seniors from the Maritime Charter Academy High School in Philadelphia; and one group from the Sequoia Alternative Program, Lenape Regional School District, in New Jersey, have participated in Workshop on the Water once a week for 2 to 3 hours at a time.

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Salary Needed to Afford a Home in the Top 15 Metros

Pro Builder

SmartAsset identified the salaries needed in the 15 largest metros to afford an average home payment and not exceed the recommended 36% debt-to-income ratio. The site compared median home values, property tax rates, down payment, homeowners insurance, and other debt payments to calculate these results. and Philadelphia.

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Increasing Home Values Lift 1 Million Homes from 'Underwater' Status

Pro Builder

Chicago, Philadelphia, and New York experienced the largest declines in underwater homes during that period, reports National Mortgage News. There remain pockets of the country where housing debt-traps are widespread. Now, with home values up, there remains 2.25 million underwater homes, but it’s down from 3.5

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The butterfly effect, chaos theory and getting ahead of the trends

Construction Marketing Ideas

Scott Butcher and William Long have written a provocative story: The Butterfly Effect and its Impact on AEC Firms, in The SMPS Marketer , precursor to a presentation they will give at the association’s annual conference in Philadelphia in August. So what’s the butterfly?

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High Global Investor Confidence, Increased Interest In The U.S.

Buisness Facilities Contributed Content

Cost of Debt Expected to Rise: Nearly half of the survey respondents expected the cost of debt to rise. However, large increases in transaction volume in secondary markets like Las Vegas, Indianapolis and Philadelphia indicate increased optimism in the U.S. as retailers look to expand into new markets.

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Business Report: Garden State Growth Zones Aim to Lift New Jersey’s Cities

Buisness Facilities Contributed Content

They also will be eligible to give property tax abatements for new development, allowing cities like Camden to spur development and compete with Philadelphia for private-sector jobs and residential growth. Projects in these cities will have significantly lower eligibility thresholds and higher incentive levels.

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Are There Lessons From the Great Recession for the COVID-19 Pandemic?

Pro Builder

“I just became more averse to that [spec homes and lots] type of debt, so rather than carry land debt on the balance sheet, I worked on growing more locations and investing more in the company and in people,” Allen says. If the market did roll over, he might have to lay people off, but would not be stuck with land debt.