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Rapidly Rising Student Debt Keeps Millions from Homeownership

Pro Builder

Rapidly Rising Student Debt Keeps Millions from Homeownership. Student loan payments are holding many Americans back from becoming homeowners by keeping their debt-to-income ratios high. As a result, homeownership rates among 28 to 34 year olds are dwindling, decreasing from 60% in 2007 to 49% in 2020, according to Zillow.

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Elements Europe wins Digbeth 550 rental flats

Construction Enquirer

Designed by architect Darling Associate, the phased project will consist of a landmark 26-storey block with associated mid-rises of around nine-storeys and a dozen three-storey town houses. bn revenue Korean group GS E&C who took a controlling interest in 2020. Elements Europe is majority owned by $9.5

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Single-Family Rent Growth Backed by Over $50 Billion in Capital

Pro Builder

From 2020 to the start of 2022, capital announcements chasing single-family rent growth have risen from $3 billion to over $50 billion, which translates to 125,000 homes at the current resale value of roughly $400,000, John Burns Real Estate Consulting reports. Housing Policy + Finance. Housing Policy + Finance.

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Housing Outlook: Is This a Recession … or Not?

Pro Builder

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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The Causes and Implications of Fast Rising House Prices

Pro Builder

The Causes and Implications of Fast Rising House Prices. The recent spikes in average listing prices could either be a blip in the market, all due to the pandemic, or it is a glimpse into the future of housing and housing finance, according to Layton’s writing for the Joint Center for Housing Studies of Harvard University.

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A multifamily design for multigenerational living

BD+C

A multifamily design for multigenerational living 0 qpurcell Thu, 08/24/2023 - 09:21 Multifamily Housing KTGY’s Family Flat concept showcases the benefits of multigenerational living through a multifamily design lens. As of March 2021, 18% of Americans are in multigenerational housing, totaling 59.7 million individuals.

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NAHB New Chair to Tackle Regulation and Promote Trades

Pro Builder

Mon, 08/03/2020 - 13:00. NAHB Housing Policy Briefing. Even as the nation grapples with the economic effects of the COVID-19 pandemic , Fowke plans to continue the association’s emphasis on improving housing affordability. “We We strive to meet the housing needs of families across the economic spectrum,” Fowke says.

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