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In Remembrance of Bill Pulte, a Housing Giant

Pro Builder

In Remembrance of Bill Pulte, a Housing Giant aalbert Tue, 02/14/2023 - 12:18 A gentleman. Starting out as a carpenter while still in high school, Pulte built his first home, a five-room bungalow, near the Detroit City Airport, when he was just 18, with the help of five friends. The house sold for $10,000 and he never looked back.

Housing 98
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Seven Things to Do When an Owner Doesn’t Pay

Constructonomics

Of course we fronted large amounts of money for labor and materials that we were now looking to finance because payment was not being made. I kinda felt like I came home from work one day and my house was burnt to the ground. We pretty much had every asset in the company thrown into the project so there was nothing left.

Lien 186
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How Detroit’s New Land Value Tax Plan Could Serve as a Model for the Nation

Pro Builder

Implementing a land value tax in Detroit requires a law change at the state legislature, but if successfully legalized, Detroit’s new tax structure could serve as a model for the nation in a wider effort to add more rental supply and resolve the housing affordability crisis.

Detroit 52
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A case for mid-rise: How multifamily housing can reshape our cities

BD+C

A case for mid-rise: How multifamily housing can reshape our cities 0 qpurcell Mon, 10/28/2024 - 11:01 Multifamily Housing Often referred to as “five-over-ones,” the mid-rise apartment type is typically comprised of five stories of apartments on top of a concrete “podium” of ground-floor retail. in recent years. was short 3.8

Housing 52
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As Mortgage Rates Fall, Homebuyer Demand Rebounds

Pro Builder

A slight improvement in affordability is causing a gradual increase in buyer demand, but until a nationwide market correction more effectively slows sales and prices, buyers and sellers are still daunted by historically high housing costs, Redfin reports. in Detroit, 1.7% Financing. Months of supply surged to 4.1 Prices fell 8.2%

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Home Builder Success and the Fragility of Good Things

Pro Builder

Finance and Zebras . Over time, the concept has migrated through multiple disciplines including finance, marketing, product development, ecological risk assessment, and even cultural anthropology. . In my home market of Detroit, which few consider a good market, there are just a handful of nationals and a few smaller regionals.

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Managing With Data (or How to Get Your Processes to Talk to You)

Pro Builder

The title caught their attention: Who does this former VP of Quality from Detroit think he is. Building and selling one more house without increasing fixed cost leverages capital investment and brings a higher net margin, but you can’t go very far with that, if anywhere at all, if your cycle time increases.