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Remote Work and Cryptocurrency Are Driving up Demand for Luxury Houses

Pro Builder

Remote Work and Cryptocurrency Are Driving up Demand for Luxury Houses. As residential sales nationwide reach historic gains, luxury homes in Manhattan are closing at prices above $10 million, while some exurban properties are also exceeding seven figures, according to Realtor.com. Housing Markets. Wed, 01/12/2022 - 10:30.

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Slow Economic Growth Reported for the Third Quarter of 2021

Pro Builder

Slow Economic Growth Reported for the Third Quarter of 2021. Fri, 10/29/2021 - 09:25. Nationwide supply-chain disruptions, high cost of living, and unemployment rates are causing a deceleration of economic growth in the third quarter of 2021, according to the NAHB’s Eye on Housing. in the third quarter of 2021, after a 6.7%

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The State of Housing Market Trends for September

Pro Builder

The State of Housing Market Trends for September. Fri, 10/08/2021 - 10:11. The September housing data release reveals that homes are still selling at a brisk pace and listing prices continue to grow steadily over the previous year. The national inventory of active listings declined by 22.2% compared to 2019.

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How the Skilled Labor Shortage Is Slowing New Home Development

Pro Builder

Tue, 11/09/2021 - 09:33. A national shortage of skilled construction labor is prolonging a housing crisis defined by low inventory and affordability. Housing inventory and affordability will continue to be weakened by the shortage of skilled construction labor, according to a new report by the Home Builders Institute (HBI).

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14 Expert Predictions for the Winter Housing Market

Pro Builder

14 Expert Predictions for the Winter Housing Market. Thu, 02/04/2021 - 12:38. The hot housing market has warmed up the winter months, but will the heat continue? Another expert predicts the sizzling housing market will continue through winter, into the spring, and summer, noting no signs of a slowdown coming. cbroderick.

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In the Face of Record-High Lumber Prices, Builders Remain Confident

Pro Builder

Thu, 02/18/2021 - 10:35. According to the National Association of Home Builders and Wells Fargo Housing Market Index, builder sentiment increased by 1 point to 84 this month. In the Face of Record-High Lumber Prices, Builders Remain Confident. cbroderick.

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Record-High Lumber Prices Stifle Builders and Housing Affordability

Pro Builder

Record-High Lumber Prices Stifle Builders and Housing Affordability. Tue, 02/16/2021 - 09:17. Record-high lumber prices are threatening to halt the residential construction sector, and in turn, hold back the economy. RELATED: Lumber Prices Hit Record High, Threatening Housing's Momentum. cbroderick.

Housing 66