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Home Affordability Report Shows Increased Pressure for Affordable Housing

Pro Builder

Home Affordability Report Shows Increased Pressure for Affordable Housing. Housing affordability continues to be a hot topic, as demand for homes outpaces supply and wage growth fails to keep pace with home-price appreciation . Unmet demand for housing continues to drive home prices higher, as median sales prices on homes in the U.S.

Housing 105
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Biden Announces New Plan to Help Homeowners Save on Mortgage Costs

Pro Builder

Under the new initiative, the Federal Housing Administration will reduce mortgage insurance premiums by 0.3 percentage points to 0.55% for FHA-insured mortgages. Under the new initiative, the Federal Housing Administration will reduce mortgage insurance premiums by 0.3

Plans 52
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Salary Needed to Afford a Home in the Top 15 Metros

Pro Builder

Housing costs are the biggest expense Americans have, with about one-third of the average American salary going toward these. SmartAsset identified the salaries needed in the 15 largest metros to afford an average home payment and not exceed the recommended 36% debt-to-income ratio. cbroderick. Fri, 02/05/2021 - 10:34.

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What You Should Know Before Taking a Construction Loan

Construction Marketing

Construction only : This type of loan covers house building costs only and requires for the loan to be repaid in full within a year after the project’s completion or refinanced into a mortgage. What to consider about construction loans. How to choose a construction loan lender.

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What Is Building Valuation | Purposes of Building Valuation | Building Valuation Methods

CivilJungle

Building valuation is a process that saves you from suffering a heavy loss when you sell your house or building or when you buy a house or building. Making a house takes a lot of time as well as money. So when you suffer a loss while selling the house you not only lose your hard-earned money but also your precious time.

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Tax Reform Impact on Employers and Employees

Revit OpEd

On December 15, 2017, Congressional Leaders announced that the conferees appointed by both the House and the Senate reached an agreement to reconcile differences between the House’s version of the Tax Cuts and Jobs Act (the “House Bill”) with the Senate’s version of the Tax Cuts and Jobs Act and unveiled the text of a final bill (the “Tax Bill”).

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Legal Documents Required for Purchase of Property

CivilJungle

No objection certificate best critical effects to verify before purchasing the house from an owner troubled by anxious municipalities. The city government announces possession and residency documents in the state, and this document will only obtain after the fulfillment of the house. What Paperwork Is Needed to Buy a House with Cash?