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More Americans Became Equity Rich During the Pandemic

Pro Builder

More Americans Became Equity Rich During the Pandemic. As home prices reach record highs, more homeowners are gaining significant equity, meaning that some can even sell their homes for twice the amount they owe on their mortgages, according to Realtor.com. of homes with equity in the United States were equity rich compared with 28.3%

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Record Appreciation Is Sending Homeowner Wealth Soaring

Pro Builder

Middle-income homeowners have seen their properties appreciate by 68% since 2012, amounting to $122,100 in equity wealth, according to the National Association of Realtors. Similarly, low-income homeowners reported $98,900 in equity gains, and upper-income households accrued $150,800 in equity.

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Boulder Homes Increased by $107 a Day for the Last Decade

Pro Builder

Colorado homeowners are raking in significant equity, but they're not the only ones benefitting from a decade of record home price appreciation across the U.S. Over the past 10 years, homeowners in Boulder, CO saw equity gains averaging $107 a day, and other mid-sized metros like Naples, Fla. Financing. Thu, 10/13/2022 - 10:50.

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Engineer Kleinfelder Is Set For Private Equity Purchase

ENR Construction

Wind Point Partners' majority stake at undisclosed price would stabilize California firm's finance structure and retain its identity.

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Top 25 Finalists for Ivory Innovations' Housing Affordability Prize

Pro Builder

In the Finance category, finalists include organizations focused on construction financing, shared-equity models, and renter programs that support increased savings and equity. CoFi is piloting a new modular construction financing program with Manufactured, an end-to-end inventory manufacturing & finance solution.

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Top 10 Ivory Innovations Finalists for the 2023 Housing Affordability Prize

Pro Builder

The 2023 Ivory Prize Winners will be announced on May 24, 2023, at PCBC in Anaheim, California. 300,000 in prize money will be distributed between at least three winners selected across the three award categories—Construction and Design, Public Policy and Regulatory Reform, and Finance.

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Heroic Efforts In California

Buisness Facilities Contributed Content

Just like the rest of the country, California has its seen ups and downs when it comes to employment, taxes, energy and the environment. Renovate America partners with cities and counties to provide financing solutions that help save energy, lower utility bills, reduce emissions, create new jobs and increase property values.