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2020's Hottest Markets Were Coastal and Affordable

Pro Builder

2020's Hottest Markets Were Coastal and Affordable. In its 2020 Hottest Cities for Homebuyers report, CoreLogic found affordable coastal metros to be the most popular, posting the highest in-migration levels for the year. The areas also offer lower property taxes and no state income taxes. cbroderick. Thu, 08/05/2021 - 10:23.

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3 Million Unemployed Renters Remain Burdened by Housing Costs

Pro Builder

But even with the bonus cash, 43% of unemployment insurance income goes to rent, which is better than the 81.2% million fewer jobs in these industries in November 2020 (11.6 million) than there were in March 2020 (13.7 with only state unemployment. According to the Bureau of Labor Statistics, there were 2.1 Read More. .

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Top 20 Cities for First-Time Homebuyers

Pro Builder

Fri, 10/09/2020 - 09:08. These cities were judged by four main categories: home market favorability, affordability, livability, and employment. Grand Rapids, Michigan ranks in the top fifth of cities for three of the four categories we considered: home market favorability, affordability and employment. cbroderick. Read More. .

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Homebuyers Boost Recovery of Multiple Sectors

Pro Builder

Fri, 07/17/2020 - 09:21. If COVID-19 cases continue to rise in states rolling back their reopening plan, employment and consumer spending abilities will be dampened, according to Realtor.com. Homebuyers Boost Recovery of Multiple Sectors. cbroderick. economy as it battles a surge in cases and renewed business shutdowns.

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Working From Home Could Bring 2 Million Buyers Into the Market

Pro Builder

Thu, 09/03/2020 - 09:38. The company evaluated renter households which cannot afford starter homes in their metro areas, then created a probability of those renters to telecommute based on income, industry, and occupation. Working From Home Could Bring 2 Million Buyers Into the Market. cbroderick. They landed on 1.92 renter households.

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Home Purchase Sentiment Rises, Though Still Trailing Behind 2019

Pro Builder

Wed, 09/09/2020 - 09:38. The August survey was conducted as consumers continue to face uncertainty regarding schools' and businesses' reopening plans and as the CARES Act $600-per-week income supplement expired.". Home Purchase Sentiment Rises, Though Still Trailing Behind 2019. cbroderick. last month, up 3.3 points from July. "The

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6 guideposts for cities to create equitable transit-oriented developments

BD+C

True equitable TODs should not only reduce and prevent displacement, but also create new economic opportunities for residents of all income levels and create transit-focused communities that are truly welcoming to lower income residents, communities of color, and others who have historically been pushed out by transit investments.

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