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Nevada: The Forecast Calls For Sunshine And Growth

Business Facilities

Henderson—Nevada’s second-largest city—has the highest per capita income of any city in Nevada, 19 percent higher than the U.S. Read: Nevada: The Forecast Calls For Sunshine And Growth at BusinessFacilities.com.

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Zillow Predicts Affordability Issues for Renters by End of 2021

Pro Builder

Zillow Predicts Affordability Issues for Renters by End of 2021. Thu, 08/12/2021 - 10:20. If current rent and income growth trends continue, Zillow says some of the most affordable metros will become the least affordable and many renters will become newly housing-cost burdened by the end of the year. cbroderick. A typical U.S.

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Solutions to Housing Affordability

Pro Builder

Sun, 12/12/2021 - 08:00. within our annual housing forecast survey (see the results on page 17), I got what I deserved from more than 300 of you. Solutions to Housing Affordability. So when I gave you, our readers, the opportunity to submit a write-in response to the question: “What’s needed to enable more affordable housing?”

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Federal Reserve Chair Says the Economy’s Future Lies in Lumber

Pro Builder

Wed, 06/23/2021 - 09:54. Last week, Powell acknowledged increasing inflation, saying new rate estimates exceed forecasts from three months prior. The Washington Post notes the economy can go one of two ways: Toward a remarkable period of strength and rising incomes or previously unseen inflation for everyday goods and services.

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Housing Outlook: Is This a Recession … or Not?

Pro Builder

Another important indicator of industry health is the rate of single-family housing starts, which increased by 13% in both 2020 and 2021. NAHB forecasts a 13% decline in 2022 and an 8% decline for 2023, with the slight moderation in next year’s decline being due to the Federal Reserve pausing interest rate hikes by that time, Dietz says.

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Share of Built-for-Rent Housing Expected to Double by 2024

Pro Builder

Thu, 06/10/2021 - 09:57. These rentals come when homeownership is forecasted to decline over the next 20 years due to rising home prices, according to the Urban Institute. Monthly mortgage payments that would be a resident’s equity are now income for real-estate companies. cbroderick.

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Living Now: America at Home Study Concept Home

Pro Builder

Mon, 10/04/2021 - 16:26. When the COVID-19 pandemic put most of the nation under mandatory stay-at-home orders, economic forecasters hypothesized about the impact it would have on restaurants, small business, travel and hospitality, and live events. Living Now: America at Home Study Concept Home. Teri Slavik-Tsuyuki.

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