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Record Appreciation Is Sending Homeowner Wealth Soaring

Pro Builder

Middle-income homeowners have seen their properties appreciate by 68% since 2012, amounting to $122,100 in equity wealth, according to the National Association of Realtors. Similarly, low-income homeowners reported $98,900 in equity gains, and upper-income households accrued $150,800 in equity.

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Boulder Homes Increased by $107 a Day for the Last Decade

Pro Builder

Colorado homeowners are raking in significant equity, but they're not the only ones benefitting from a decade of record home price appreciation across the U.S. Over the past 10 years, homeowners in Boulder, CO saw equity gains averaging $107 a day, and other mid-sized metros like Naples, Fla. Financing.

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Single-Family Rent Growth Backed by Over $50 Billion in Capital

Pro Builder

metros report double-digit price growth. Since some of this is only the equity investment and excludes the debt (and we know of far more than this that is not public info), we believe the number of homes that could be built and/or purchased far exceeds this. Housing Policy + Finance. Housing Policy + Finance. Financials.

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

Pro Builder

On the flip side, “equity-rich” homes that have a value at least double the loan balance, increased by 4.2 The major metro areas with the highest share of underwater mortgages include Baton Rouge (which topped the list at 12.7%) and New Orleans in Louisiana, and Toledo and Youngstown in Ohio. Housing Policy + Finance.

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How Just-in-Time Land Deals Help Manage Cash Flow

Pro Builder

The home building industry has historically benefited from advancements in building materials, technological innovation , long-term mortgage financing, and government support. Along with lower land prices, labor costs in these markets also tend to be lower than in metro areas, adding to their financial appeal for builders and developers.

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$25 Million Pledged for Economic Development Partnership in Flint, Michigan Amid Water Crisis

Buisness Facilities Contributed Content

Partners in the initiative, including the Charles Stewart Mott Foundation , the Community Foundation of Greater Flint , the Flint & Genesee Chamber of Commerce , Metro Community Development , and the Michigan Economic Development Corporation , will help manage the program.

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IHP Capital Partners' Richard Whiteley Discusses Land Opportunity for Home Builders

Pro Builder

While it is true that some metros have seen greater than usual out-migration after the pandemic, demand for multifamily homes in those areas remains high, and rents in places like San Francisco and Los Angeles are still strong. . Unfinished homes accrue indirect and financing costs day by day, increasing the ultimate cost to the consumer.