Pro Builder
JUNE 18, 2020
Mortgage Rates Plunge After Fed Commits to Buying Mortgage-Backed Securities. Thu, 06/18/2020 - 09:40. Better-than-expected May jobs data had mortgage rates trending upward, but rates came crashing down again after the Federal Reserve recommitted to zero interest rates through 2021 and their purchase of mortgage-backed securities.
Construction Enquirer
JULY 27, 2023
Goodstone Living has secured more than £100m of debt financing from NatWest and Allied Irish Bank to develop Smith’s Garden Around 1140 modules needed for the project will be manufactured in Telford between November 2023 and January 2025. bn revenue Korean group GS E&C who took a controlling interest in 2020.
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Pro Builder
OCTOBER 28, 2020
Wed, 10/28/2020 - 08:54. billion in rent debt. But the tens of millions of people potentially caught in a web of home-rental debt and eviction would far exceed the 3.8 The ballooning debt issue for renters is another sign of how Covid-19 is punishing the less well-off far worse than the more affluent. cbroderick.
Pro Builder
AUGUST 17, 2020
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%
Pro Builder
NOVEMBER 1, 2022
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.
Pro Builder
JUNE 12, 2020
Fri, 06/12/2020 - 05:00. Land of Opportunity: How Home Builders Can Get Creative in 2020. Also, owning land usually requires the builder to utilize debt capital, which reduces operating cash and can constrain a builder’s ability to invest in new communities in desired markets, all while increasing risks to investors. .
Pro Builder
MAY 29, 2020
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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