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Investor Purchases of Single-Family Homes Threaten an Overcrowded Market

Pro Builder

According to the CalculatedRisk Newsletter, demographics are now favorable for buying homes, but new house hunters are squaring off against investors who are able to obtain financing at lower rates. Here is an interesting press release from November: KBRA Assigns Preliminary Ratings to Progress Residential 2021-SFR10.

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How Biden’s Proposed Infrastructure Plan Would Boost Wellness in Homes

Pro Builder

Wed, 04/07/2021 - 09:20. Although the plan does not explicitly state that funding will go toward improving ventilation in residential buildings, Simpson says it's not out of the question. Housing Policy + Finance. Housing Policy + Finance. How Biden’s Proposed Infrastructure Plan Would Boost Wellness in Homes. cbroderick.

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#102:  The State of Residential Construction

NH Construction Law

A report by the New Hampshire Housing Finance Authority indicates that MLS listings in May 2021 were down 23% from a year earlier, while the New Hampshire Association of Realtors reports that the median price of single family home in May 2021 hit a record high of $402,000 (25.7% higher than May 2020).

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New California Duplex Law Permits Development in Residential Neighborhoods

Pro Builder

New California Duplex Law Permits Development in Residential Neighborhoods. Thu, 12/02/2021 - 10:26. The law will require communities to allow the construction of duplexes, and in some cases four units, in most single-family residential neighborhoods in an effort to combat a state-wide housing shortage. Housing Policy + Finance.

Permits 52
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Construction Costs: 3 Ways Contractors Can Deal with Rising Prices

Levelset

in the year ending in August 2021, according to JLLs H2 2021 Construction Outlook. from 2020 to 2021. In 2021, lumber prices hit an all-time high since records started in 1949. in the year ending August 2021, according to the JLL report. Finance job costs and material purchases. over the same time period.

Deals 98
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Why Builders Wait to See Lower Lumber Prices

Pro Builder

Wed, 08/04/2021 - 06:00. NAHB Policy Brief | Lumber prices have moderated, but lower costs haven't worked their way to builders; New home prices too expensive for lower-income households. New-Home Prices Squeeze Out Lower-Income Households . Why Builders Wait to See Lower Lumber Prices. National Association of Home Builders.

NAHB 98
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Nevada Stops Subsidizing Net Metering

Green Building Law Update

Note that this occurred in the same week that Congress extended the 30% federal investment credit for solar through 2021, which in large measure benefits the same banks and corporate investors. Net metering programs that exist today are a regressive income redistribution in support of a greater political goal.

Nevada 120