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Forbearance Exits Expected to Add Inventory

Pro Builder

Forbearance Exits Expected to Add Inventory. Tue, 08/10/2021 - 09:37. A wave of inventory could come soon as hundreds of thousands of homeowners are expected to exit forbearance, with a significant share likely to list their homes. months of inventory to come as a result. cbroderick. For context, this additional 0.40

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Third Quarter Metro Affordability Report Reveals a Tight Market for First-Time Buyers

Pro Builder

Mon, 12/06/2021 - 16:25. In the third quarter of 2021, price growth began to normalize after months of record highs and inventory rose slightly across the nation, but first-time buyers still struggled in a competitive seller’s market, according to NerdWallet. Average quarterly home prices were listed at 5.3 Housing Markets.

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How Employer-Assisted Housing Programs Are Paving a Path to Homeownership

Pro Builder

The rate of homeownership fell to just 38% for first-time buyers in 2021 as a result of record high housing costs, record low inventory, and stagnant wage growth across the U.S. Employer-assisted housing (EAH) programs offer incentives for employees making home purchases.

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Everyone Wants in on Housing Flipping

Pro Builder

Wed, 09/08/2021 - 09:29. One Long Island-based house flipper says now is the best time to be in the business, but finding inventory to rehab is the hard part. Fixer-uppers are fighting over limited stock as the foreclosure moratorium closes off a usually solid stream of inventory. Everyone Wants in on Housing Flipping.

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Builder of the Year Ivory Homes' Innovation Agenda

Pro Builder

Wed, 12/15/2021 - 17:31. Ivory Homes in Salt Lake City is Pro Builder's 2021 Builder of the Year. million in revenue from 1,323 closings last year —are what has earned Ivory Homes our Builder of the Year honor for 2021. Builder of the Year Ivory Homes' Innovation Agenda. Mike Beirne, Senior Editor. and Outward.