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Here Are the Most and Least Affordable Housing Markets in December 2022

Pro Builder

Here Are the Most and Least Affordable Housing Markets in December 2022. metros are home to skyrocketing prices and waning housing inventory, while others offer first-time buyers an affordable entrance into the for-sale market. Housing Markets. Housing Markets. Fri, 12/16/2022 - 09:43. Some major U.S.

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Renting a Home May Be Even Harder Than Buying One

Pro Builder

As limited supply and double-digit price increases push a growing number of prospective buyers out of the housing market, demand for single-family rental homes is hitting an all-time high, but increased competition and a similar lack of inventory are making the rental market an even more difficult alternative.

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First-Time Buyer Affordability Fell Sharply in Q1 2022

Pro Builder

Market hurdles like historically low housing supply, surging mortgage rates, and stagnant income growth are keeping first-time buyers sidelined at the start of 2022. Inflation significantly outpaced income growth at the start of 2022, with homes in the most populous metro areas costing six times the typical first-time buyer income.

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Top 25 Finalists for Ivory Innovations' Housing Affordability Prize

Pro Builder

Top 25 Finalists for Ivory Innovations' Housing Affordability Prize esorum Thu, 03/16/2023 - 09:09 This year’s finalists in the Construction & Design category include solutions to the labor shortage as well as environmentally friendly building solutions focused on decreasing construction time.

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First-Time Homebuyers Found No Relief From Rising Prices in Q4 2021

Pro Builder

times median first-time home buyer income and 5.3 First-time buyers struggled the most in the wake of record high home prices and a lack of starter inventory, but metros like Pittsburgh and Cleveland offered some relative affordability. times median first-time buyer income, Cleveland (3.1), St. Housing Markets.

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Andrés Duany on New Urbanism’s Legacy and a Solution for Affordable Housing

Pro Builder

Andrés Duany on New Urbanism’s Legacy and a Solution for Affordable Housing. As a leading advocate for smart growth, Miami-based architect and urban planner Andrés Duany's vision for housing development and affordability is both bold and practical. No Nonsense Housing Company. Sun, 07/26/2020 - 06:00. Andrés Duany.

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Feature Story: 2016 Economic Development Awards

Buisness Facilities Contributed Content

With such a large inventory of bridges and a sizeable backlog of repair needs, we looked to innovative solutions to address the problem,” said PennDOT Secretary Leslie S. Once-abandoned buildings now house co-working spaces and incubators. The big ports of Virginia, Baltimore and Miami already are at that depth.

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