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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. .

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Expiration of Mortgage Bailout Programs Unlikely to Cause Foreclosure Crisis

Pro Builder

Fri, 09/10/2021 - 09:25. The number of active mortgage forbearance plans fell 5% in just one week as 18 month forbearance expirations begin. But 98% of those troubled borrowers now have at least 10% equity in their homes, not counting their missed payments. Including those payments, 93% still have more than 10% equity.

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Minority Homeownership Spiked During Pandemic Buying Boom

Pro Builder

The share of Black Americans living in their own homes increased for the first time in 20 years in 2021, while Asian and Latino buyers also posted annual gains to narrow a long-standing racial gap that has historically pushed minority house hunters into a costly and burdensome rental market. Was I planning to buy? Demographics.

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Here Are the Biggest Reasons Why Americans Are Selling Their Homes

Pro Builder

Here Are the Biggest Reasons Why Americans Are Selling Their Homes ldeakins Thu, 03/30/2023 - 10:59 These are the biggest motivating factors among all generations for selling a home in today's market The share of Baby Boomers selling their homes rose to 52% in 2022 from 42% in 2021.

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More House Hunters Are Seeking Out Diverse Neighborhoods

Pro Builder

Fri, 10/22/2021 - 10:04. By including neighborhoods in development planning and blending market-rate homes and affordable units, social considerations are becoming a major aspect of new construction projects, says The Washington Post. Planning + Development. More House Hunters Are Seeking Out Diverse Neighborhoods. As the U.S.

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Top 30 Construction Classes at Autodesk University 2021

Autodesk Construction Cloud

If you haven’t heard, registration for Autodesk University 2021 (AU) is now open! AU 2021 has been crafted to help you connect your processes, automate workflows, and unlock highly valuable insights—all of which give you significantly more confidence in decision-making. Autodesk University starts October 5.

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How One Designer Changed ADU Construction, Saving Builders Thousands

Pro Builder

Tue, 03/23/2021 - 10:13. The city launched the ADU/Standard Plan Program earlier this month, which offers homeowners and builders access to approved ADU building plans, allowing for faster and less expensive permitting. How One Designer Changed ADU Construction, Saving Builders Thousands. cbroderick. Read More. . Construction.