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How Does Inflation Affect the Housing Market?

Pro Builder

How Does Inflation Affect the Housing Market? The consumer price index does not even consider housing units as part of the shelter category. The cost of shelter for renter-occupied housing is rent. Housing isn’t like other goods. For a start, housing is a very basic necessity. cbroderick. Wed, 07/14/2021 - 10:59.

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Home Affordability Report Shows Increased Pressure for Affordable Housing

Pro Builder

Home Affordability Report Shows Increased Pressure for Affordable Housing. Housing affordability continues to be a hot topic, as demand for homes outpaces supply and wage growth fails to keep pace with home-price appreciation . Unmet demand for housing continues to drive home prices higher, as median sales prices on homes in the U.S.

Housing 105
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What You Should Know Before Taking a Construction Loan

Construction Marketing

Construction only : This type of loan covers house building costs only and requires for the loan to be repaid in full within a year after the project’s completion or refinanced into a mortgage. What to consider about construction loans. How to choose a construction loan lender.

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Property Development And Marketing Tips To Maximize Your ROI

Construction Marketing

Though house prices have been steadily rising, the demand for residential and commercial property from both local and international investors continues to surge as well. For example, if you intend to build luxury apartments, your target customers will be comprised of high-income earners.

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NAHB Research Finds 40.1 Million Households Cannot Afford $175,000 Home

Pro Builder

The National Association of Home Builders’ housing affordability pyramid for 2021 shows the highest priced home households can afford based on their income. Based on this, the minimum income required to purchase a $100,000 home is $22,505. NAHB Research Finds 40.1 Million Households Cannot Afford $175,000 Home. cbroderick.

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Climate Emergencies Are Pushing Insurance Rates Higher for Migrating Retirees

Pro Builder

Climate Emergencies Are Pushing Insurance Rates Higher for Migrating Retirees. Homes at risk of extreme weather emergencies are becoming harder to insure, forcing some homeowners to accept higher rates, and leaving others entirely without coverage. Insurance experts who work farther up the East Coast report similar market conditions.

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Top 10 Most Livable Small Cities in the U.S. 

Pro Builder

The analysis compares 287 cities across the following 10 metrics such as concentration of entertainment establishments, restaurants, bars and healthcare establishments, and housing costs. With affordable housing costs and many healthcare establishments, many Heartland cities came out on top.

Income 98