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Housing Supply Falls to New Low While Prices Hit New High

Pro Builder

Mon, 08/17/2020 - 09:57. The housing market was incredibly robust going into the pandemic with household debt at its lowest level in 40 years. Housing Supply Falls to New Low While Prices Hit New High. cbroderick. For the third time in four months, the national median home price hit a new all-time high. Home sales were up 4.9%

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Housing Outlook: Is This a Recession … or Not?

Pro Builder

In September, the HMI stood at 46, after peaking at 90 in late 2020, and it was 83 in January of this year —for the HMI, anything below 50 indicates poor market conditions. Another important indicator of industry health is the rate of single-family housing starts, which increased by 13% in both 2020 and 2021. Census Bureau.

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Are There Lessons From the Great Recession for the COVID-19 Pandemic?

Pro Builder

Fri, 05/29/2020 - 06:00. As that momentum carried into January and February, 2020 was looking like it could be the most robust year yet of the recovery. . Hodges advises builders to offer to suspend construction for a defined period, secure the house, and wait until the dust settles. Mike Beirne, Senior Editor. Then, poof!

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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. Also, starting in 2020, every home is pre-wired for an electric vehicle charging outlet.

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State by State Incentives Guide

Buisness Facilities Contributed Content

Must expand its labor force, make new capital investment, or prevent loss of employment. May not have closed or reduced employment elsewhere in Alabama in order to expand into an enterprise zone. The credit is 20% of the actual costs limited to the employer’s income tax liability. WORKFORCE DEVELOPMENT .

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Oklahoma Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Must offer basic health insurance to employees within 180 days of employment. Small Employer Quality Jobs Program (68 O.S. 3901): The Small Employer Quality Jobs Program Allows qualifying small businesses (90 employees or less) to receive up to a 5% cash-back incentive for up to seven years to locate or expand in Oklahoma.

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Centers of Technology: The Future Is Now

Business Facilities

Last year, Chicago’s thriving startups secured more than $1.7 In May 2017, the state launched an “Innovation Campus” that aims to accelerate the commercialization of research and position Rhode Island as a center of high value employment. billion in venture capital funding which has given rise to a multitude of promising new companies.