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First-Time Buyers Are Choosing Conventional Over FHA Financing

Pro Builder

An increasing number of first-time buyers opted for conventional, conforming loans rather than FHA-insured mortgages in January. In 2020, 57% of first-time buyers chose conventional financing—a 5% jump from 2019. NAR says FHA financing can often be more expensive due to the mortgage insurance.

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Markets With Extreme Weather are Only Affordable to the Wealthy

Pro Builder

A Tulane University associate professor of real estate told CNBC that these resiliency fixes create a “game of musical chairs” with home equity. . Over time, this risk will increase insurance rates and make it harder to get mortgages. That discount jumps to 10% when the owner of the property is not living there.

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Fall Conferences 2019: Top Takeaways

Stok

With many speakers re-asserting that climate change needs to be part of real estate strategy, a particularly interesting topic arose around the relationship of insurance, climate change, and real estate. Net Zero 2019 | Los Angeles, CA. #9: The post Fall Conferences 2019: Top Takeaways appeared first on stok.

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Builder of the Year Ivory Homes' Innovation Agenda

Pro Builder

So he rallied other chief executives and employers to join the newly formed Housing Gap Coalition through the local Chamber of Commerce—and not just builders and developers, but also insurance companies, bankers, and a variety of others. Photos: courtesy Ivory Homes. The Prize of Innovation.

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State by State Incentives Guide

Buisness Facilities Contributed Content

The exceptions are for financial institutions, financial institution groups, and insurance companies that have a maximum business privilege tax of $3,000,000. This credit can also be claimed against the insurance premium tax, the oil and gas production and property taxes, the fisheries business and landing taxes, and the mining license tax.

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40 Under 40: Champions of Construction 2021

Autodesk Construction Cloud

She’s part of various internal groups within the organization, including the Diversity, Equity, and Inclusion committee, and notably a board member on both the Connecting Women and Building PRIDE affinity groups. . The industrial side of the business, which closed out 2019 at $750 million, generated $1.2 billion in 2020. Thomas, AIA.

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COVER STORY: Global Biotech Report

Buisness Facilities Contributed Content

During its run duration from 2006 to 2019, 1.5 million equity offering. Martin O’Malley is seeking to spur biotech development with his $100-million InvestMaryland program, which would provide tax credits to insurance companies so they could invest in technology companies, including biotech research facilities. Maryland Gov.

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