Remove Equity Remove Finance Remove Income Remove Metro
article thumbnail

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.

article thumbnail

Working to Improve Access to Affordable Housing

Pro Builder

. • Increase the supply of manufactured housing and two- to four-unit properties by expanding financing through Freddie Mac. . Multifamily construction posted double-digit percentage gains in small metro core and suburban areas during the second quarter of 2021, while multifamily building activity in large metro areas decreased.

Housing 59
professionals

Sign Up for our Newsletter

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

article thumbnail

Working to Improve Access to Affordable Housing

Pro Builder

. • Increase the supply of manufactured housing and two- to four-unit properties by expanding financing through Freddie Mac. . Multifamily construction posted double-digit percentage gains in small metro core and suburban areas during the second quarter of 2021, while multifamily building activity in large metro areas decreased.

Housing 52
article thumbnail

How Just-in-Time Land Deals Help Manage Cash Flow

Pro Builder

The home building industry has historically benefited from advancements in building materials, technological innovation , long-term mortgage financing, and government support. Along with lower land prices, labor costs in these markets also tend to be lower than in metro areas, adding to their financial appeal for builders and developers.

article thumbnail

Housing and the 2020 Presidential Election

Pro Builder

It's Time for Congress to Act on Finance Reform. If Trump is re-elected, Howard thinks his second term should focus more on housing affordability via deregulation, with a particular eye toward helping first-time buyers through income tax credits for homeownership—a policy favored by NAHB. NAHB and Trump Working to Reopen the Country.

Housing 105
article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

CAPCO financing, an alternative to conventional bank financing, can accommodate a slightly higher risk profile and provide a more flexible structure for growing businesses. Terms for both are normally 10-20 years and can finance up to 100% of the project costs. ALABAMA - updated for 2014. They are: The Renewal Program.

Income 108
article thumbnail

Builder of the Year Ivory Homes' Innovation Agenda

Pro Builder

Having witnessed income and social class inequities entrenched by corruption on their European mission, and a system in which government officials and business entrepreneurs rarely collaborate to solve civic and social problems, the Ivorys recognized the seeds of similar dynamics in their own backyard. See past Builder of the Year winners.