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What Distinguishes Today’s Housing Slump From the 2008 Collapse?

Pro Builder

With much less financial risk-taking and an increase in equity wealth, today's buyers and homeowners are much more prepared to handle a housing downturn than they were in 2008. Not only is financing far less risky than it was leading up to the subprime mortgage collapse, but this time around, more homeowners are also equity rich.

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What to Expect in an Ongoing Home Price Bubble

Pro Builder

In comparison, home prices rise no more than 5% a year on average, and even during the 2005 housing bubble, price growth stayed under 12%. After the 2005 bubble, average home prices began a four year slide that left them 20% lower, bankrupting homeowners, home builders and bankers in the process. Housing Markets.

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#119:  Quantum Meruit vs Unjust Enricment

NH Construction Law

2005 WL 3447957 at *3 n.1 15, 2005) (citing cases). Many years ago there were separate courts of law and courts of equity (or courts of “chancery,” to use the term then in vogue), and a disappointed suitor in the law courts could turn to the equity courts for another shot at recovery. FERD Construction Inc.

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40 Under 40 Class of 2023 winner Kimberly Dowdell inaugurated as AIA 2024 President

BD+C

Currently a principal in HOK’s Chicago studio, Dowdell has been a LEED-accredited professional since 2007 and co-founded the SEED Network in 2005. She was elected to the Cornell University Board of Trustees in 2022.

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Why One Prominent Market Analyst Sees No Sign of Housing Shortage

Pro Builder

After accurately timing the 2005 market before its crash, Ivy Zelman is once again raising concerns about the 2021 market, but for reasons which seem to contradict the sentiments and frustrations of other analysts, The Real Deal reports. . Private-equity firms are acquiring, and sometimes building, properties as rental homes.

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Three interconnected solutions for 'saving' urban centers

BD+C

In the last three years, urban centers have been hammered by an unprecedented series of connected, compounding crises—from existential threats like the pandemic and climate change, to complex issues of safety, equity, and affordability. About the Author Andy is one of two co-CEOs of Gensler , the world’s top architecture and design firm.

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Rogers Townsend Construction Law Blog: Valuable information, especially if you are in South Carolina

Construction Marketing Ideas

385, 389 (2005) (quoting First Gen. In other words, a right of indemnity exists whenever the relation between the parties is such that either in law or in equity there is an obligation on one party to indemnify the other, as where one person is exposed to liability by the wrongful act of another in which he does not join.