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As Housing Costs Reach New Highs in a Market Correction, Buyers Brace for the Worst

Pro Builder

Mortgage rates are at their highest level since 2002, and elevated borrowing costs paired with record high home prices are diminishing housing affordability across the country. Still, most homeowners will have gained some equity over the past two years, even after a slide in home values. Affordability. Market Data + Trends.

Housing 52
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NAR’s 40th Annual Profile of Home Buyers and Sellers

Pro Builder

This is the highest median percent since the data series started in 2002. Perhaps as a way to stand out from competing offers or because sellers who are buying again have more equity, 17% of repeat buyers paid all-cash for their home. Thirty-five percent of sellers received more than asking price.

Equity 52
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Biggest Construction Companies in Europe

Lets Build

EUROPISOL 2002 S.L. CBT Construcciones Inmobiliaria. DRAGADOS ESPAÑA. FCC Construction. Ferrovial Agroman. Grupo San Jose. Inmobiliaria Celenia. Isolux Corsan. MARVA CONSTRUCCIONES & VENTAS. OHL Construccion. PERETÓ, GRUPO INMOBILIARIO. Sacyr Vallehermoso. Tecnicas Reunidas. URBIMED VILLAS SL. Atrium Ljungberg AB. Besqab AB.

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Cover Story: Global Biotech Report

Buisness Facilities Contributed Content

Since PLSG began operation in 2002, it has assisted more than 400 life sciences companies and has helped create or retain more than 1,800 direct jobs and affected another 12,000 jobs in western Pennsylvania; 34 companies have been provided with office or laboratory space; and 13 have been relocated to Pittsburgh from outside of the region.

Georgia 68
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State by State Incentives Guide

Buisness Facilities Contributed Content

In December 2002, the former U.S. Companies must be less than five years old; have an annual payroll between $100,000 and $1 million; show proof of an equity investment of at least $250,000; pay at least 150% of the lesser of the state or county average hourly wage where the business is located; and meet requisite payroll thresholds.

Income 108
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FEATURE STORY: Thailand — Nuanced Nation, One-Stop Shop

Buisness Facilities Contributed Content

The country’s open concept investment policy offers no restrictions on foreign currency remittances, no export requirement, no foreign equity restrictions in the manufacturing sector and no local content requirement. Founded in 2002 as the first and only science park in Thailand. THAILAND SCIENCE PARK.