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Housing Accounts for Nearly 17% of Country's GDP

Pro Builder

Housing Accounts for Nearly 17% of Country's GDP. Fri, 07/30/2021 - 09:45. Housing made up 16.9% of the country’s GDP during the second quarter of 2021, only slightly off a 14-year high. As the economy continues to recover, housing’s share is expected to taper, says the National Association of Home Builders.

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Return to Work Begins to Impact Housing Demand

Pro Builder

Return to Work Begins to Impact Housing Demand. Thu, 08/05/2021 - 10:15. Homebuyers today look to outlying metros for more space and affordability because many no longer need to worry about proximity to the office. With companies returning to the office, there’s been an uptick in buyers looking for real estate in cities. .

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First-Time Buyers Persevere in Difficult Housing Market

Pro Builder

First-Time Buyers Persevere in Difficult Housing Market. Thu, 11/11/2021 - 09:58. In part, the increase in first-time homeownership was a result of a larger share of buyers in the market as well as the ability of many first-time buyers to live at home with family during the pandemic to save money before buying a house.

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First-Time Buyers Persevere Through Rough Housing Market

Pro Builder

First-Time Buyers Persevere Through Rough Housing Market. Thu, 11/11/2021 - 09:58. In part, the increase in first-time homeownership was a result of a larger share of buyers in the market as well as the ability of many first-time buyers to live at home with family during the pandemic to save money before buying a house.

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Housing Market Pushes Buyers to Rentals, Intensifying Demand

Pro Builder

Housing Market Pushes Buyers to Rentals, Intensifying Demand. Thu, 08/12/2021 - 10:11. Strong job and income growth, as well as fierce competition for for-sale housing, is fueling demand for single-family rentals,” Molly Boesel, principal economist at CoreLogic, said in a release. cbroderick. Read More. .

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13 Predictions for Construction Growth

Pro Builder

Mon, 08/30/2021 - 11:26. Will the home office be standard? housing market. Individuals working low-income jobs can still afford to save enough for a down payment and acquire a house,” says Saurabh Shah, Co-founder of InstLend. Housing construction still has not caught up with demand.

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New A.D.U. Ordinance Introduced to N.J. Neighborhood

Pro Builder

Fri, 12/10/2021 - 10:06. ordinance allows separate accessory dwelling units in all single-family zones, and in an effort to create more affordable housing, the town is also permitting homeowners to sell units separately from a primary residence as condominiums, The New York Times reports. . Housing Policy + Finance.

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