Pro Builder

MAY 28, 2020

Financing for Affordable Housing Is Increasingly Harder to Secure . Thu, 05/28/2020 - 09:00. Developers of affordable housing are having a tougher time lining up financing. All forms of construction financing have gotten more difficult to secure, but affordable housing stands out. Peter Fabris.

Finance 52

Finance Security Housing Leases 52

Construction Equipment

JANUARY 23, 2020

Economic trends will support equipment acquisition in 2020, according to the Equipment Leasing and Finance Association (ELFA), which announced its Top 10 Equipment Acquisition Trends for 2020. Equipment acquisition drives supply chains across all U.S. manufacturing and service sectors,” said ELFA…

Leases 71

Leases Finance Equipment 71

Pro Builder

MAY 5, 2021

Today’s Homebuyer Perception of Affordability Exceeds 2020 Levels. Between the first quarters of 2020 and 2021, the share of buyers of this generation who can afford half or more of the homes available doubled (22% to 44%), while changing little among the other generations. cbroderick. Wed, 05/05/2021 - 10:32. Read More. .

Finance 52

Finance Housing 52

Pro Builder

DECEMBER 18, 2020

An In-Depth Analysis of 2020’s Buyers and Sellers. Fri, 12/18/2020 - 09:23. The National Association of Realtors’ annual Profile of Home Buyers and Sellers survey identified characteristics of both homebuyers and homes purchased, financing, selling experiences, and general profiles before and after COVID-19. cbroderick.

Inventory 52

Inventory Equity Finance 52

Pro Builder

NOVEMBER 3, 2020

Homeownership Wealth Gains for Second Quarter of 2020. Tue, 11/03/2020 - 09:42. Based on the 2019 Survey of Consumer Finance data, homeownership accounts for 90% of total wealth among all families. cbroderick.

San Jose 52

San Jose Las Vegas Los Angeles San Diego 52

Construction Equipment

JUNE 18, 2020

The June 2020 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) jumped to 45.8, The index, from the Equipment Leasing and Finance Foundation, is a qualitative assessment of prevailing business conditions and expectations, it says. up from May’s index of 25.8. Despite the…

Leases 105

Leases Finance Foundation Equipment 105

Pro Builder

DECEMBER 28, 2021

Across most housing markets, loan limits for conforming loans acquired by Fannie Mae and Freddie Mac will increase from $548,250 to $647,200 in 2020, a $98,950 increase to account for changes in home prices. percent between the third quarters of 2020 and 2021, so the conforming loan limit will increase by that same percentage.

Finance 95

Finance United States Housing Washington 95

Construction Equipment

MARCH 23, 2021

New business in the equipment finance sector totaled $7.4 billion in February, down 8 percent from January, but up 9 percent compared to February 2020. Cumulative new business volume is down 4 percent compared to 2020. The data are part of the Equipment Leasing and Finance Association’s (ELFA)…

Leases 62

Leases Finance Equipment 62

Construction Equipment

OCTOBER 19, 2020

The Equipment Leasing & Finance Foundation's (ELFF) October 2020 Monthly Confidence Index for the Equipment Finance Industry reported confidence in the equipment finance market is 55.0, easing from the September index of 56.5 and steady with pre-Covid index levels. When asked about the outlook…

Equipment 71

Equipment Finance Leases Foundation 71

Construction Equipment

JANUARY 16, 2020

Confidence in the equipment finance market rose for the third consecutive month to 59.9, in December, according to the Equipment Leasing & Finance Foundation. January 2020 Survey Results: According to the Monthly Confidence Index for the Equipment Finance Industry survey, 14.8… up from 56.2

Finance 66

Finance Leases Foundation Equipment 66

Pro Builder

SEPTEMBER 20, 2022

During the four weeks ending September 11, new listings fell 19% year-over-year, the largest drop recorded since May 2020. 11, the largest drop since May 2020. . Financing. Even as the housing market slows, a lack of new inventory is sustaining elevated home prices and leaving would-be buyers with few affordable options.

Los Angeles 52

Los Angeles Finance Atlanta Inventory 52

Pro Builder

JANUARY 19, 2022

Mortgage rates are at their highest levels since March 2020, and more gains could price some buyers out of the housing market altogether. Housing Policy + Finance. Housing Policy + Finance. Home Buyers Drive Up Mortgage Demand Ahead of More Expected Gains in the Spring. Wed, 01/19/2022 - 10:12.

Finance 98

Finance Housing Contract 98

Pro Builder

FEBRUARY 10, 2021

During the fourth quarter of 2020, 15% of adults were considering a move in the next 12 months, according to a NAHB survey. Between the fourth quarters of 2019 and 2020, significantly larger shares of Millennials (46% to 65%) and Gen X’ers (43% to 57%) planning to buy a home have become engaged and are actively searching for a home.

NAHB 98

NAHB Finance Maine Plans 98

Pro Builder

MAY 1, 2023

And, according to Realtor.com's March housing trends report, the cost of financing a typical house now costs $611 more per month than it did a year ago. That’s the slowest growth rate we’ve seen since May 2020. Read more Financing Sales Sales For the week ending April 22, listing prices were just 2.4% higher than a year ago.

Finance 52

Finance Budgeting Budget Housing 52

Pro Builder

DECEMBER 8, 2020

Tue, 12/08/2020 - 09:27. The top three most common jobs for women to have in the construction industry are administrative positions, sales, and management, business, and finance, according to numbers from the Bureau of Labor Statistics. Still, men make up the majority of sales and management, business, and finance positions.

Industrial 105

Industrial Finance Construction Metro 105

Pro Builder

AUGUST 5, 2022

Research from Redfin shows that, during the five years from 2016 through 2020, migration into the country’s 50 counties with the largest percentage of highest fire and flood risk for homes has increased by an average of 3% and 1.9% Population Increases in High Fire and Flood Areas as Homebuyers Move to Get More for Their Money. respectively.

Missouri 98

Missouri Kentucky Risk Finance 98

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.

Debt 64

Debt Maine Banking Finance 64

BD+C

FEBRUARY 6, 2019

Solar carports , virtual net-metering software, and tax-enabled financing can help apartment builders and owners meet California’s new Title 24 mandates. 1, 2020, all new residential buildings in California under three stories tall must include solar panels. Starting Jan.

Finance 67

Finance California Residential Software 67

Pro Builder

DECEMBER 16, 2022

of state and local tax receipts in 2020 due to a broad decline in income tax revenue as a result of the pandemic, property taxes made up 36.2% Other factors are clearly at play, and state and local government financing turns out to be a major one. While the Northeast is home to the highest property taxes in the U.S., Affordability.

Texas 96

Texas New Jersey Hawaii Alabama 96

Pro Builder

JANUARY 4, 2021

While the overall economy was sent into a tailspin, both the housing and mortgage industries flourished in 2020, thanks to the swift response from the Federal Reserve. From there, mortgage rates would drop 16 more times, finally landing at 2.66% at the end of 2020. Financing. A Year in Record-Breaking Mortgage Rates.

Finance 52

Finance Banking Housing Industrial 52

Pro Builder

APRIL 5, 2021

In 2020, 70% of issued mortgages were given to those with credit scores of at least 760. The median credit score for borrowers was 786 during the fourth quarter of 2020. Realtor.com says borrowers with credit qualifications outside of the stellar category are finding fewer lenders willing to approve their applications. Read More. .

Inventory 85

Inventory Finance Office Housing 85

Pro Builder

OCTOBER 15, 2021

The number of foreclosure filings during the third quarter jumped 68% from the comparable 2020 period and 34% from the previous quarter, per ATTOM Data Solutions. Although there were twice as many properties with foreclosure filings in September 2021 as in September 2020, that’s still almost 70% fewer than September 2019.

Finance 52

Finance Schedule Housing Banking 52

Pro Builder

JANUARY 10, 2022

Nearly 600,000 Americans were left without housing in 2020 as a result of surging costs and a rise in unemployment during the COVID-19 pandemic, CNBC reports. Housing Policy + Finance. Housing Policy + Finance. Critics Question ‘Housing First’ Approach as Homelessness Crisis Worsens. Mon, 01/10/2022 - 10:03. Government + Policy.

New York City 52

New York City Housing New York Finance 52

Pro Builder

JANUARY 12, 2022

The average contract interest rate for 30-year fixed-rate mortgages rose from 3.52% to 3.33% last week, the highest rate since March 2020, CNBC reports. Housing Policy + Finance. Housing Policy + Finance. The increase came after the Federal Reserve signaled a tighter policy ahead, an announcement which pushed U.S. Affordability.

Finance 52

Finance Housing Contract 52

Pro Builder

APRIL 7, 2021

CNBC says applications to refinance are at the slowest pace since June 2020. Financing. Refinance applications dropped 5% for the week compared to last, but dropped 20% compared to this time last year. Overall, refinance demand has decreased, with volume over the past 10 weeks down by more than 30%.”. Read More. .

Finance 59

Finance Comparison Housing 59

Pro Builder

MAY 26, 2021

from March, marking the lowest rate since June 2020. Looking back to the spring of last year, the April 2020 data (570,000 annualized pace) marks the low point of sales for the 2020 recession. The April 2020 rate was 26% lower than the prior peak, pre-recession rate set in January. New-home sales in April dropped 5.9%

NAHB 52

NAHB Finance Materials Estimating 52

Pro Builder

FEBRUARY 24, 2021

from 2019 to 2020. Eighteen of the 19 cities reported higher price increases in the 12 months ending December 2020 versus the 12 months ending November 2020. Home Prices Jumped Double-Digits in December, Highest Pace Since 2013. cbroderick. Wed, 02/24/2021 - 09:34. To put it in perspective, November home prices grew by 9.5%

San Diego 52

San Diego Phoenix Seattle Finance 52

Pro Builder

NOVEMBER 29, 2021

After a year of low mortgage rates in 2020, a slow economic recovery pushed rates higher in the third quarter of 2021, an upward trend which market forecasters expect to carry over into the new year. Financing. I expect mortgage rates to rise modestly in December, especially toward the end of the month. New-Home Sales.

Forecasting 52

Forecasting Finance Security Estimating 52

Pro Builder

MARCH 24, 2021

The National Association of Realtors says there were two to three offers for every home sold in February 2020. regions since August 2020. Financing. Buyer competition intensified in February with an average of four offers per home sold last month. It’s a direct result of high demand and low supply. Read More. .

South Dakota 52

South Dakota North Dakota Inventory Montana 52

Pro Builder

NOVEMBER 14, 2022

compared to the same week in 2020, and an above-average 6-month supply of homes is currently under construction. New listings were down 16% year-over-year in October, and that measurement fell even further last week to 20% year-over-year, the 18th week of annual declines, according to Bill McBride in the CalculatedRisk Newsletter.

Housing 52

Housing Inventory Finance Construction 52

Pro Builder

JUNE 10, 2021

According to Bright MLS, 2020 was the tightest housing market on record in the D.C. It’s even tighter for homes costing less than $500,000, as many jurisdictions hit an all-time high in median sales prices (not adjusted for inflation) in 2020. Housing Policy + Finance. Housing Policy + Finance. region, with just 1.3

Infrastructure 52

Infrastructure Plans Finance Housing 52

Pro Builder

DECEMBER 16, 2020

Wed, 12/16/2020 - 09:57. Financing. Mortgage Refinancing Up 105% Annually as Rates Remain Below 3%. cbroderick. For the 15th time this year, mortgage rates have broken a record and buyers seem to be unfazed. December is not typically a strong month for home sales, but demand continues to surge as Americans continue to work from home.

Finance 52

Finance 52

Pro Builder

FEBRUARY 5, 2021

January housing inventory dropped 43% compared to January 2020, according to Realtor.com. If homebuyers are fed up with the rising home prices and low inventory now, the upcoming spring homebuying season could make this season look effortless. New listings also tumbled 23% compared to last year. annually to $346,000 last month. Read More. .

Inventory 104

Inventory Housing Finance 104

Pro Builder

JANUARY 31, 2022

From 2020 to the start of 2022, capital announcements chasing single-family rent growth have risen from $3 billion to over $50 billion, which translates to 125,000 homes at the current resale value of roughly $400,000, John Burns Real Estate Consulting reports. Housing Policy + Finance. Housing Policy + Finance. Financials.

Debt 52

Debt Finance Equity Leases 52

Pro Builder

NOVEMBER 4, 2020

Wed, 11/04/2020 - 09:33. Financing. Refinancing Boosts Mortgage Demand. cbroderick. The Mortgage Bankers Association’s seasonally adjusted index found an increase in mortgage demand last week, fueled by record low rates for large loans and low downpayment loans. Compared to the week prior, mortgage application volume increased by 3.8%.

Finance 52

Finance Contract 52

Pro Builder

DECEMBER 15, 2020

Tue, 12/15/2020 - 09:29. Housing Policy + Finance. How Could Biden's Proposed First-Time Buyer Credit Affect the Market? cbroderick. President-elect Joe Biden’s proposed tax credit for first time homebuyers aims to assist with an initial down payment, but brings with it the possibility of stretching the housing market even thinner.

Washington 76

Washington Finance Inventory Housing 76

Pro Builder

MARCH 22, 2022

Home Innovations Research Labs is kicking off preparations for its newest changes to the 2020 National Green Building Standard. Housing Policy + Finance. Preparations Begin for the 2024 National Green Building Standard Update. Tue, 03/22/2022 - 10:29. Government + Policy. Codes + Standards. Government + Policy.

Green 52

Green Residential Innovation Certification 52