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Ilke Homes served up for offers over a £1

Construction Enquirer

Yorkshire-based modular house builder ilke Homes is being offered to potential buyers for bids of over £1. Any bid for the business will need to be submitted before the end of next week when the future of the modular firm will be decided. This came after a £60m injection in November 2021.

Equity 103
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Collective Home Values Increased $2 Trillion in 2021 So Far

Pro Builder

Collective Home Values Increased $2 Trillion in 2021 So Far. Fri, 06/11/2021 - 09:22. Historic increases in home values added tens of thousands of dollars to the average homeowners’ equity. CNBC reports equity advanced 20% during the first quarter of 2021 compared to one year prior. cbroderick. Read More. .

Equity 52
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Key Characteristics of the 2021 Housing Market

Pro Builder

Key Characteristics of the 2021 Housing Market. Tue, 11/02/2021 - 09:33. High demand, low housing supply, a lack of starter homes, and fierce competition are the critical factors of a booming 2021 housing market reporting record-breaking prices, says Forbes Business Council. Here's what buyers can expect in the months to come.

Housing 59
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Ilke Homes files administration notice

Construction Enquirer

The Enquirer understands that ilke is being offered to potential buyers for bids over £1 with a number of major house builders approached over a possible deal. Any bid for the business will need to be submitted before the end of this week when the future of the modular firm will be decided.

Equity 107
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Ilke Homes falls into administration

Construction Enquirer

They are understood to have approached a trio of major volume house builders but could not tempt them to make an offer even after inviting nominal bids of over £1. US-based investor Fortress led the equity investment fundraise, with existing shareholders TDR Capital and Sun Capital also subscribed.

Equity 102
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Single-Family Alternatives That Appreciate Faster and Cost Less

Pro Builder

Homebuyers priced out of single-family purchases are finding more affordable housing alternatives without giving up the equity-building benefits of single-family homeownership. in April 2021 compared to an average 13.3% growth for single-family houses, Realtor.com reports.

Equity 52
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All-Cash Purchases Made Up One-Third of Home Sales in July

Pro Builder

All-cash purchases jumped in popularity last year because they allowed buyers to stand out among fierce competition: Bidding-war rates reached record highs in early 2021 due to sub-3% mortgage rates and remote work driving homebuyer demand. New-Home Sales. Financials. New-Home Sales.