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Rapidly Rising Student Debt Keeps Millions from Homeownership

Pro Builder

Rapidly Rising Student Debt Keeps Millions from Homeownership. Student loan payments are holding many Americans back from becoming homeowners by keeping their debt-to-income ratios high. A 2019 survey by Zillow found 39% of potential buyers said student debt delayed their homebuying plans. cbroderick. Read More. .

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Where Were the Homeownership Gains?

Pro Builder

Households under 35 years old experienced the fastest growth in homeownership than any other age group during 2019. Households under 35 years old experienced the fastest growth in homeownership than any other age group during 2019, according to the Federal Reserve Board. Market Data + Trends. Market Data + Trends.

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How Down Payment Loans Affect the Housing Market

Pro Builder

Many first time buyers depend on mortgage loans financed by the Federal Housing Administration, whereas sellers in a tight market are looking for home shoppers with the “highest down payment, a near perfect credit score, and the ability to outbid others,” according to Zonda Chief Economist Ali Wolf. . New-Home Marketing. Housing Markets.

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ReportL 2020 Sees Dip in Tall Building Completions

Construction Junkie

While 2019 broke the record for most supertall buildings , defined as 300 meters or more in height, it saw a 13.7% 2020 continued the trend of less tall buildings, with a 20% decline versus 2019, but that shouldn’t be all that surprising given the year we had last year. 133 in 2019), with 21 of those being supertall buildings.

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Increasing Home Values Lift 1 Million Homes from 'Underwater' Status

Pro Builder

million at the end of 2019. at the end of 2019. There remain pockets of the country where housing debt-traps are widespread. Housing Policy + Finance. Now, with home values up, there remains 2.25 million underwater homes, but it’s down from 3.5 They now account for 34.4% of all mortgaged properties, up from 26.7%

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NAHB New Chair to Tackle Regulation and Promote Trades

Pro Builder

“With the training they can obtain through organizations like the Home Builders Institute, they will be highly sought after—without the burden of student loan debt.”. The TBBA has twice named him Builder of the Year, and in 2019 the FHBA inducted him into the Florida Housing Hall of Fame. CHART HERE PLS RICH. . Leadership.

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Making Sense of the Construction Tax Landscape

Viewpoint Construction Technology

One of the biggest challenges that contractors’ finance and accounting departments face is keeping up with all of the ever-changing tax regulations, incentives and procedures. Staying on top of tax issues is a full-time job, but one that can ensure your company stays compliant with the law, and maximizes benefits and incentives. A Tax Review.

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