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How One Designer Changed ADU Construction, Saving Builders Thousands

Pro Builder

One East Los Angeles native-turned-landlord became frustrated with the struggle to create smart yet low-cost housing solutions and turned to accessory dwelling units as a solution. ADU construction can upwards of $350,000, but Navarro’s system totals up to less than $100,000, reports the Los Angeles Times.

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Quarter of Wealth Gap Between Latino-White Households Comes from Housing

Pro Builder

Quarter of Wealth Gap Between Latino-White Households Comes from Housing. A quarter of the wealth gap between white and Latino households stems from housing wealth disparities, reports Zillow. White households have nearly 50% more wealth than Latino, and much of that boils down to housing disparities. cbroderick. Read More. .

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

Pro Builder

Richard Whiteley: Home builders and land developers have been highly focused on restocking their land inventory since it became evident housing would be one of the unexpected beneficiaries—at least in the near term—of the pandemic. and greater Los Angeles MSAs before, or very early, in the demand surge.

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Converting downtown office into multifamily residential: Let’s stop and think about this

BD+C

Converting downtown office into multifamily residential: Let’s stop and think about this 0 dbarista Tue, 07/11/2023 - 10:44 Multifamily Housing Is the office-to-residential conversion really what’s best for our downtowns from a cultural, urban, economic perspective? Or is this silver bullet really a poison pill?

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Out-Of-Town Buyers Are Flocking to Philadelphia With Big Budgets, and Locals Can’t Keep Up

Pro Builder

Cash-strapped out-of-town buyers backed by coastal salaries and equity wealth are flocking to Philadelphia to purchase affordable homes, and locals can’t compete. Even though the housing market has slowed, the share of homebuyers moving to different parts of the country has not,” said Redfin Deputy Chief Economist Taylor Marr.

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Cities Where Homeownership is More Affordable Than Renting

Pro Builder

While renting offers flexibility and convenience, homeownership begins equity and can offer lower taxes. San Francisco, New York, San Jose, Seattle and Los Angeles are all in the top 10 of this study, and are all among the most populous cities in the country. Housing Markets. Housing Markets. Key Findings.

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U.S. CRE Turning Around In 2014, According To New PwC/ULI Report

Buisness Facilities Contributed Content

As a result, the report anticipates that 2014 may be the year that many investors who have traditionally focused mainly on large established markets such as Boston, Chicago, Los Angeles, New York City, San Francisco and Washington, will be expanding their focus to other cities in order to protect capital.

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