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Home Builder Profitability Reached Highest Level on Record

Pro Builder

Last year’s net profit average for builders reached the highest level since management consulting firm The Shinn Group began tracking net income data in 1994. The previous record was set in 2006, but 2020’s net profit average of 11.4% beat out 2006’s levels by just 0.25% and exceeded 2019 income by 1.8%. for a net profit of 11.4

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Home Value Appreciation Outpaced Median Salaries Across 25 Metros in 2021

Pro Builder

Home prices rose faster than median incomes in the majority of metro areas tracked by Zillow in 2021. metros tracked by Zillow in 2021, compared to just five metro areas where home value appreciation outpaced median income in 2020, CNBC reports. Louis were among the cities with the lowest home value growth to income ratio.

Metro 52
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Most Buyers Say They Want Energy-Efficient Windows

Pro Builder

Floor-to-ceiling windows, a new featured added to NAHB’s home buyer preference survey in 2020, were rated essential or desirable to slightly less than half (48 percent) of home buyers. Preferences for floor-to-ceiling windows in particular are positively related to the buyers’ incomes and price they expect to pay for the home.

Income 78
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Pittsburgh Combats Affordable Housing Shortage with Modular, Factory-Built Homes

Pro Builder

Mon, 07/13/2020 - 06:00. Wages have not increased in line with rent and real estate, contributing to homelessness and leaving tens of thousands of low-income residents without access to affordable homes. Module built homes at a range of prices, allowing residents to choose what fits their income and needs.

Housing 118
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3 affordable housing projects that serve as social catalysts

BD+C

Trish Donnally MFPRO+ Blog Higher Education University Buildings Multifamily Housing Affordable Housing Senior Living Design Student Housing Designers Architects Projects Sustainable Development To say the United States is facing an affordable housing crisis is a major understatement. And that’s just California. It gets worse.

Housing 111
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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.

Austin 95
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This Company Wants to Rent Out Tiny Homes in Your Backyard

Pro Builder

Thu, 08/20/2020 - 10:04. What if it meant you would receive a steady income from it? This Company Wants to Rent Out Tiny Homes in Your Backyard. cbroderick. Would you sign a 99 year lease to rent out your backyard? A new Bay Area co-op wants to do just that to combat the area’s housing crisis.