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Forbearance Exits Expected to Add Inventory

Pro Builder

Forbearance Exits Expected to Add Inventory. Tue, 08/10/2021 - 09:37. A wave of inventory could come soon as hundreds of thousands of homeowners are expected to exit forbearance, with a significant share likely to list their homes. months of inventory to come as a result. cbroderick. For context, this additional 0.40

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Nearly Half of All U.S. Homes Were Equity-Rich in the First Quarter of 2022

Pro Builder

Homes Were Equity-Rich in the First Quarter of 2022. Equity-rich homeowners are cashing out and leaving pricey markets to buy new homes in low-cost states. A red-hot housing market is pushing home values to new highs, and a subsequent increase in equity wealth is motivating some homeowners to relocate, according to The New York Times.

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Prefab Company Secures $30 Million, Announces Expansions

Pro Builder

Prefab Company Secures $30 Million, Announces Expansions. Wed, 08/11/2021 - 10:58. At the same time, the company announced it secured $30 million in its Series B equity round. cbroderick. California-based off-site home builder Plant Prefab announced a new factory opening in Ontario, Calif.

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Builder of the Year Ivory Homes' Innovation Agenda

Pro Builder

Wed, 12/15/2021 - 17:31. Ivory Homes in Salt Lake City is Pro Builder's 2021 Builder of the Year. million in revenue from 1,323 closings last year —are what has earned Ivory Homes our Builder of the Year honor for 2021. Builder of the Year Ivory Homes' Innovation Agenda. Mike Beirne, Senior Editor. and Outward.