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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.

Equity 52
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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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Ilke Homes served up for offers over a £1

Construction Enquirer

Ilke and its advisers have been exploring fundraising options and the existing backers hope to secure a future for the business via a sale or investment, to enable it to deliver on its 4,200-home pipeline and protect its workforce. This came after a £60m injection in November 2021.

Equity 103
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Bowmer & Kirkland retains strong cash despite margin slip

Construction Enquirer

But the overall group pre-tax profit remained stable at £63m, down just 3% on the previous strong performance in 2021. This was helped by its development arm Peveril Securities which completed several schemes. He said: “Our cash position enables us to act quickly, and we continue to seek out equity funding opportunities.

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Ilke Homes files administration notice

Construction Enquirer

Ilke and its advisers have been exploring fundraising options and the existing backers hope to secure a future for the business via a sale or investment, to enable it to deliver on its 4,200-home pipeline and protect its workforce. This came after a £60m injection in November 2021.

Equity 107
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Forbearance Exits Expected to Add Inventory

Pro Builder

Tue, 08/10/2021 - 09:37. The intense housing market and strong equity growth will offer these homeowners more options than those in 2008 who were pushed into involuntary foreclosure, says Zillow. months of additional supply will come to market and represent 5% of home sales from August – October 2021. .

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Young Professionals Have Returned to Cities, Impacting Rents

Pro Builder

Wed, 08/04/2021 - 10:00. The FTSE Nareit Equity Apartments index, which tracks publicly traded apartment companies, increased 42% since January 2021. It’s kind of a good time to be an urban apartment owner again,” said Mark Parrell, chief executive of Equity Residential, a real-estate investment trust. cbroderick.