Pro Builder

MARCH 1, 2021

In 2020, 57% of first-time buyers chose conventional financing—a 5% jump from 2019. The programs serve low income households with income of up to 80% of the area median income. NAR says FHA financing can often be more expensive due to the mortgage insurance. Read More. . Financials. Financing.

Finance 100

Finance Insurance Income Equity 100

Pro Builder

OCTOBER 22, 2021

Developers—for profit, market rate or mixed income—are thinking deeply about issues of social equity and doing the best they can to address some of these broader societal issues we’re all talking about,” said Rachel MacCleery, senior vice president at the Urban Land Institute in Washington, D.C., In 2019, 11% of all married U.S.

Housing 105

Housing Washington Equity Income 105

Pro Builder

DECEMBER 2, 2020

But in 2019, household formation rates seemed to begin leveling off and even reversing. First, massive amounts of savings and equity were lost in the 2008 financial collapse and subsequent foreclosure crisis, impacting the ability of both older generations to retire and younger ones to shield their children from substantial college debt.

Income 52

Income Debt Equity Housing 52

Pro Builder

AUGUST 24, 2021

Those relocating while continuing to work from home are often bringing a higher wage and some home equity with them. This has helped pushed home prices up far faster than the growth of local incomes.”. Ultimately, though, some locals will get hurt as rising home prices and rents strain their budgets.”. over the same period.

Metro 52

Metro Mississippi Equity Income 52

Buisness Facilities Contributed Content

MAY 22, 2014

Both programs have been extended until July 1, 2019. 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.

Zoning 47

Zoning New Jersey NJ Debt 47

Pro Builder

OCTOBER 20, 2021

First-time buyers are struggling to beat out their older competitors, who may be able to tap into equity gains from previous homeownership or put down larger cash offers which younger buyers can’t match. The median age of a recent buyer — somebody who bought a home in the past year — was 44 in 2019, up from 40 in 2009.

Housing 52

Housing Debt Equity Income 52

Buisness Facilities Contributed Content

APRIL 15, 2014

Income Tax Capital Credit: The Income Tax Capital Credit has been available since 1995. The enterprise zone credit is equal to $2500 per permanent new employee and can be applied against the income tax and/or business privilege tax liability. The tax for existing entities accrues as of Jan. The rates range from $.25

Income 108

Income Finance Zoning Employment 108