Pro Builder

NOVEMBER 1, 2022

Housing Outlook: Is This a Recession … or Not? The current housing slowdown is a reality, but determining whether we’re in a recession right now isn’t so clear. After a two-year period of frenetic activity spurred by low mortgage rates and rising home prices, the housing industry has its finger on the reset button. “I

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Pro Builder

AUGUST 5, 2021

Return to Work Begins to Impact Housing Demand. I feel that unless you are really in a position where you are more than a six figures earner, you definitely have no opportunity in New York. You definitely need to double income, triple income in order to qualify for the mortgage,” Zakinova said. cbroderick.

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Pro Builder

AUGUST 31, 2022

According to Forbes, the share of owner-occupied households earning incomes of $100,000 to $149,999 rose from 16% in 2010 to 19.2% in 2020, while the share of households with incomes of $150,000 or more rose from 11.7% In order to live in popular metros like New York City, Cleveland, and St. Housing Markets.

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Pro Builder

AUGUST 12, 2021

Housing Market Pushes Buyers to Rentals, Intensifying Demand. Demand in the rental market has gone a full 180 from last year as Americans return to cities as the economy improves and priced-out homebuyers search for apartment and single-family rentals. Today, the national housing shortage sits at more than 4 million homes,” he said.

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Pro Builder

FEBRUARY 23, 2023

cities where single renters are paying the greatest and smallest portion of their incomes for rent on studio apartments A recent report from Moody’s Analytics shows that the typical American renter is rent burdened, meaning they spend 30% or more of their income on rent, and that affordability crisis is even worse for single renters.

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Pro Builder

MARCH 15, 2023

real estate market, and while many Americans remain apprehensive about buying in the midst of a housing downturn, more than three-quarters of international buyers surveyed by the Coldwell Banker Global Luxury program rated current U.S. Inspired by its hustle and bustle, buyers from Spain and Mexico voted New York City as their top choice.

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Natural Building

MAY 12, 2020

Jacques then had four people — herself, her oldest, her younger daughter and her toddler son, along with a dog and two cats — in a tiny house containing 660 square feet. That’s one thing about tiny house living is that there is no autonomy.”. “I It’s a little cozy right now.”. “In That room doesn’t even have a door on it.

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Pro Builder

FEBRUARY 2, 2023

where they're finding affordable homes, high-paying jobs, and robust local economies After a mid-pandemic Great Migration that saw a swarm of homebuyers flocking to warm Sun Belt destinations, seven of the nation’s top up-and-coming housing markets are now located in the Midwest, according to Realtor.com. such as New York City.

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Pro Builder

MARCH 28, 2022

Remote workers left cold and expensive cities throughout the pandemic to try their luck in warmer and more affordable housing markets. Maricopa County, Arizona reported the largest share of incoming homebuyers with over 58,000 new residents between July 1, 2020 and July 1, 2021. Housing Markets. Housing Markets.

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Pro Builder

SEPTEMBER 12, 2022

Housing costs represent the greatest expense for Americans 55 and older, and as rental demand surges and landlords send rents soaring, older tenants are scrambling to find affordable units. Mon, 09/12/2022 - 10:39.

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Pro Builder

NOVEMBER 20, 2020

Housing affordability continues to be an issue for many Americans. SmartAsset analyzed data from the 50 largest cities to find where the average American can afford the largest home, along with the smallest. Data compared included median household income in each city, average non-mortgage debt, and median home values.

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Pro Builder

JANUARY 14, 2021

SmartAsset analyzed the walk score, arts, entertainment and recreation establishments, restaurants, housing costs, average weeks per year, and more to identify the top cities with the best work-life balance. Midwest cities stole four out of the top 10 slots with Madison, Wis. Housing Markets. Housing Markets.

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Metro Columbus Omaha San Francisco 52

Pro Builder

SEPTEMBER 1, 2022

Unfazed by climate risks and attracted by affordability, incomers flocked to popular cities like Los Angeles, CA, San Jose, CA, and New York City, NY, all of which are in the throes of an intense summer drought. Housing Markets. Environmental. Environmental.

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Pro Builder

FEBRUARY 5, 2021

Housing costs are the biggest expense Americans have, with about one-third of the average American salary going toward these. 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. Salary Needed to Afford a Home in the Top 15 Metros.

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Business Facilities

JULY 24, 2019

AUSTIN, DENVER, NEW YORK CITY HAVE TOP STARTUP ECOSYSTEMS. Austin, TX, Denver, CO and New York City topped our metro leaderboard for Startup Ecosystems. Millennials represented 22 percent of the entire population in the New Haven-Milford area in 2017, according to the study.

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Pro Builder

AUGUST 4, 2021

Rents increased more than 10% over the course of the year, says Realtor.com, a dramatic change from the beginning of the pandemic when job losses rendered renters unable to pay, and occupancy rates dropped to new lows. Rents in major metros such as New York City and San Francisco saw double-digit rent decreases.

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Construction Specifier

FEBRUARY 15, 2025

Canova Photos Hufton+Crow The Atrium at Sumner, an 11-story affordable senior housing project in Brooklyn, N.Y., As a new construction project under the NextGeneration New York City Housing Authority (NYCHA) initiative, the development aligns with Passive House standards, delivering exceptional energy efficiency and sustainability.

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Buisness Facilities Contributed Content

OCTOBER 14, 2013

As a result, we are seeing different approaches to development in the 21st century,” said Joseph Azrack, managing partner at Apollo Global Real Estate in New York City. Allow partial compliance and mitigation measures in order to create flexibility in insurance premiums for low-income households and small businesses.

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Buisness Facilities Contributed Content

NOVEMBER 18, 2013

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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Buisness Facilities Contributed Content

MAY 1, 2013

New York State’s 54,556 square mile geography is divided into 10 economic regions (according to Empire State Development)—Western New York, Finger Lakes, Southern Tier, Central New York, North Country, Mohawk Valley, Mid-Hudson, Capital District, New York City and Long Island.

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BD+C

AUGUST 7, 2023

Multifamily Housing Senior Living Design Apartments In a previous article , I laid out seven lessons that I’ve learned from more than 40 years of planning and designing senior living environments in the U.S. These successful models, however, are just a starting point when developing a new project. and around the world.

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Buisness Facilities Contributed Content

MAY 22, 2014

It places extra emphasis on spurring development and private-sector job growth in new Garden State Growth Zones (GSGZ) identified in the legislation as the four lowest median family income cities in the state: Camden, Trenton, Passaic and Paterson.

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BD+C

JUNE 28, 2023

Office buildings are worth more” than residential as income generators, she explains. If there’s a market for it” is the operative term, however, because office districts in major cities are under stress as they’ve emptied out in the wake of the pandemic, and many building owners are defaulting on loans, according to The New York Times.

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Buisness Facilities Contributed Content

APRIL 8, 2013

Houses and businesses cleared away, leaving swatches of sand or burned-out ruins in their wake. Not just in some small, low-lying areas, but huge tracks of land from Atlantic City, NJ to Breezy Point, NY. In NJ, 346,000 housing units were destroyed or damaged, and 190,000 businesses affected. billion allocated to New York.

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Buisness Facilities Contributed Content

MARCH 28, 2014

START-UP NY (which stands for SUNY Tax-free Areas to Revitalize and Transform Upstate NY) is an initiative to turn SUNY campuses and other university communities across the state into tax-free communities for new and expanded businesses. In New York City, Long Island and Westchester County, businesses must be start-ups or high-tech companies.

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Buisness Facilities Contributed Content

MAY 5, 2016

billion in corporate federal income taxes and $4.1 billion in state and local income taxes in 2014, a $1.5 Additionally, individual income taxes paid totaled $23.9 The University of New Hampshire (Durham, 12 miles) has direct Wildcat bus access to Rochester, convenient for students and faculty, employers and commuters.

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Business Facilities

JULY 15, 2014

Indiana is a “Right to Work” state and, in recent years, has enacted constitutional property tax caps and reduced the state’s corporate income tax. Situated in Upstate New York, Oswego County is located centrally to New York City, Boston, Washington, D.C., and New York City. million.

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Buisness Facilities Contributed Content

JULY 11, 2014

New Markets Tax Credit: Program that subsidizes long-term capital investment in order to foster job creation and community development in Low-Income Communities throughout New York State. New York State Film Post Production Credit Program: Created to support and grow the post production industry in New York State.

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Business Facilities

OCTOBER 23, 2017

That, along with a strong economy and zero personal state income tax, make it a great place to do business. The state’s central location, as a gateway between the American South and Midwest and with easy access to the Northeast and Atlantic Seaboard, is within a day’s drive of two-thirds of the nation’s population and household income.

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Pro Builder

MAY 9, 2023

city with a “right-to-shelter law,” New York City is a popular sanctuary for migrants, but without enough housing units to support a large wave of incomers from the southern border, the city could soon be inundated with asylum seekers in need of emergency housing that doesn’t exist, The New York Times reports.

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