article thumbnail

New Maryland Real Estate Laws from the 2020 Legislative Session

Green Building Law Update

Despite the Coronavirus pandemic concern shortened session, the legislature acted on 1,664 House bills and 12 resolutions and 1,081 Senate bills and 6 resolutions with 667 bills passing both chambers before they adjourned sine die on March 18, 2020. and possibly more fun) legislative activity than is found below. Ground Leases.

Maryland 227
article thumbnail

Mortgage Rates Return to March 2020 Levels

Pro Builder

Mortgage Rates Return to March 2020 Levels. At the end of January, the average rate on a 30-year fixed mortgage hit a low of 2.75%—it now rests at 3.45%, the same rate as March 2020. Prices are now up over 10% from this time in 2020, according to CoreLogic, and there appears to be no letup in the gains. Financing.

Finance 52
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Housing and the 2020 Presidential Election

Pro Builder

Housing and the 2020 Presidential Election. Mon, 10/05/2020 - 23:10. Housing issues are in play in the race for the presidency in the 2020 election, and home builders are paying attention. It's Time for Congress to Act on Finance Reform. billion, or 15% below enacted 2020 levels. The 2020 U.S.

Housing 105
article thumbnail

Will Rising Mortgage Rates and Home Prices Slow Housing Demand?

Pro Builder

Single and multifamily construction starts dropped to the lowest pace since August 2020, which could mean the market will soon reach a turning point, says CNBC. Single-family, the sector with the highest demand and record shortages, posted a 10% decrease in construction permits. Watch More. . Market Data + Trends.

Housing 52
article thumbnail

Could Every U.S. Home Be Retrofitted to Zero-Energy?

Pro Builder

Fri, 11/20/2020 - 09:07. To make the shift possible, the government needs to enable cheap financing, since the upfront cost of buying an electric car or putting solar panels on the roof is still often out of reach. But because the systems are cheaper to run over time, if consumers get low-cost financing, they will save money.

Finance 52
article thumbnail

Federal Infrastructure Bill Paves the Way Toward More Transportation Infrastructure Public-Private Partnerships

Constructlaw

1] This is important for parties financing P3s. PABs allow the issuance of tax-free municipal bonds to private entities financing qualified projects. 4] Certain federal actions trigger NEPA reviews, including federal funding, granting federal permits or approvals, and allowing projects to take place on federal property.

article thumbnail

Model Sustainability and Green Building Initiatives for a More Verdant City and Town

Green Building Law Update

Bill 8-14 would require new or extensively remodeled buildings for which County government finances at least 30% of the costs, to generate at least 1 kilowatt of renewable energy for every 1,000 square feet of floor area.

Green 136