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With Limited Inventory, Buyers Are Competing for an Aging Housing Stock

Pro Builder

With Limited Inventory, Buyers Are Competing for an Aging Housing Stock. As a result, inventory is disappearing, and buyers are facing record high prices and a tight competition for a limited supply of existing homes rather than new construction. Wed, 02/09/2022 - 10:21.

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

Pro Builder

With low housing inventory, homes sold at an all-time low of just one week compared to three weeks last year. 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. compared to 46% a year ago.

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Builder of the Year Ivory Homes' Innovation Agenda

Pro Builder

Ivory is taking on innovations from outside the company, too, pairing faculty at the University of Utah with Landed , a personal finance company that provides part of a down payment for “essential professionals” as a private equity partner, a model that earned it a 2019 Ivory Prize. RELATED: How Small and Medium-Size Builders Can Prevail.

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State by State Incentives Guide

Buisness Facilities Contributed Content

Inventory is exempt from property tax. 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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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. EQUITY INVESTMENT TAX CREDIT: Targeted toward new, technology-based businesses that pay wages in excess of the state or county average wage.

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