Remove Income Remove Inventory Remove New York City
article thumbnail

Renting a Home May Be Even Harder Than Buying One

Pro Builder

As limited supply and double-digit price increases push a growing number of prospective buyers out of the housing market, demand for single-family rental homes is hitting an all-time high, but increased competition and a similar lack of inventory are making the rental market an even more difficult alternative. New-Home Sales.

article thumbnail

After Record Growth in 2021, Apartment Rents Have Finally Peaked

Pro Builder

For the past 20 years, rent growth has consistently outpaced income growth nationwide, but experts say that divide is now wider than ever thanks to the pandemic. The new renters are younger and tend to have lower incomes, squeezing landlords to ease off on higher rates. Rents were up 12.2%

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Housing Outlook: Is This a Recession … or Not?

Pro Builder

However, Rogers’ generally optimistic assessment is based on a more sophisticated definition, as determined by the National Bureau of Economic Research ( NBER ), which takes into account factors such as income, employment levels, consumer spending, and industrial production. So that will help put upward pressure on inventory in 2023.”.

Housing 98
article thumbnail

SPECIAL REPORT: Steadfast And Strong In The Wake Of Superstorm Sandy

Buisness Facilities Contributed Content

The Christie Administration will dedicate more than half of this funding for low-to-moderate-income households, in accordance with HUD guidelines. A $300- million allocation will fund grants that can be used for purposes including rehabilitation, new construction, equipment, inventory, mitigation, refinancing and working capital.

article thumbnail

Putting 9 senior living market trends into perspective

BD+C

For developers and operators of senior living communities, the upper-income part of the market has the most potential for financial success but also the most options. They sold off the entire inventory and took a significant write-off. Understanding the care, needs, and preferences of aging seniors is only part of the answer.

article thumbnail

New York Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Loans may be used for, but not limited to: upgrading display lighting; advertising and promotion; payroll for additional staff and training; purchase of computers to enhance inventory control; and the purchase of display cabinets, furniture and fixtures. Looking to navigate New York City? Check out www.nycgo.com.

article thumbnail

Location Focus: New York – The Empire State Leverages Its Strengths

Buisness Facilities Contributed Content

Business will be able to locate in these special university economic zones and operate 100 percent tax-free for 10 years, with no income tax, business or corporate state and local taxes, no sales tax, no property tax, no franchise fees, and in many cases, no income tax for employees.