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Forbearance Exits Expected to Add Inventory

Pro Builder

Tue, 08/10/2021 - 09:37. months of housing supply will be added to the market in August – October 2021, representing a 31% increase in months of supply relative to June levels and 26% of expected sales volume in the coming three months. Forbearance Exits Expected to Add Inventory. cbroderick. Baltimore; Riverside, Calif.;

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NAHB Releases Its 2022 “Priced Out” Estimates, and They Could Spell Trouble for Thousands

Pro Builder

Thousands of Americans found themselves priced out of a heated 2021 housing market, and more gains in the coming year could could keep homeownership out of reach for many more. Roughly 87.5 million households across the U.S.

NAHB 59
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Millennials Flock to West and South Regions

Pro Builder

Thu, 04/01/2021 - 10:07. Millennials are no longer flocking to bustling cities such as New York, Los Angeles, and Chicago. The second-largest outflow came from Chicago, with a net decrease of more than 11,000 millennials. States with no income tax. Millennials Flock to West and South Regions. cbroderick.

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Less Than Half of All U.S. Counties are Affordable for Homeownership

Pro Builder

Wed, 01/06/2021 - 09:43. Counties deemed unaffordable are those with housing costs exceeding 28% of the average household income. The largest metros where homeownership remains affordable on average are Chicago, Houston, Philadelphia, Cleveland, and Tampa. . Less Than Half of All U.S. Counties are Affordable for Homeownership.

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Home Design Details That Add Distinction

Pro Builder

Fri, 04/30/2021 - 14:30. The clerestory windows in this small bedroom offer privacy and allow residents to place furniture without worrying they’ll block incoming natural light. | Photo: Tim Burleson/The Frontier Group. Home Design Details That Add Distinction. Stacey Freed. The modern farmhouse–style home is on a narrow (0.23

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Illinois Revives Premier Corporate Tax Incentives

Business Facilities

There’s credit for the cost of training new employees and investing in low-income areas, plus provisions that allow small businesses easier entry into the program. 31, 2021, so these communities can continue to grow and prosper.”. 45 and Illinois 83 offer easy access to other Chicago Metro communities. North–South Routes U.S.