article thumbnail

Cities Where Buyers Can Afford the Most and Least

Pro Builder

Housing affordability continues to be an issue for many Americans. Nearly 67% of Americans are bunkered down by at least one non-mortgage debt. Data compared included median household income in each city, average non-mortgage debt, and median home values. Some big-city dwellers with debt may struggle to afford a home.

article thumbnail

How is Artificial Intelligence Helping Home Buyers?

Pro Builder

At LoanSnap, a San Francisco-based mortgage lender, the borrower’s financial information is put in a system that “takes all that information, forecasts it out into the future and looks at thousands and thousands and thousands of options,” said Karl Jacob, CEO of LoanSnap.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Builder of the Year Ivory Homes' Innovation Agenda

Pro Builder

Instead, Clark Ivory reassumed his CEO duties and set a bold, uncharted course to diversify the company’s successful semi-custom, move-up home legacy to include affordable housing for an increasing underserved segment of buyers. Design Within Reach—Exploring Attainable Housing Options. See past Builder of the Year winners. and Outward.

article thumbnail

U.S. CRE Turning Around In 2014, According To New PwC/ULI Report

Buisness Facilities Contributed Content

As a result, the report anticipates that 2014 may be the year that many investors who have traditionally focused mainly on large established markets such as Boston, Chicago, Los Angeles, New York City, San Francisco and Washington, will be expanding their focus to other cities in order to protect capital.

ULI 83
article thumbnail

Centers of Technology: The Future Is Now

Business Facilities

After microchips became the central components of an emerging digital economy, one of Moore’s successors at Intel updated the theorem and applied it to silicon wafers; Intel exec David House declared that chip performance would double every 18 months. Access to the necessary tools and training is essential for U.S.

article thumbnail

Feature Story: 2016 Economic Development Awards

Buisness Facilities Contributed Content

Once-abandoned buildings now house co-working spaces and incubators. Here’s the kicker: the entrepreneurs who started the service, Stephanie and Paul Jarrett, lived in San Francisco. “We The debt-free, state-of-the-art AnC Bio facility will take about 18 months to build. million; in Lincoln, it’s about $158,000.

Indiana 40
article thumbnail

STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

Loan proceeds are to be used for working capital, inventory, equipment purchase, and real property improvements but cannot be used for refinancing of existing debt or outstanding debt payments. The program ends December 2016. This tax credit is applied to a tax payer’s state tax liability.

Income 75