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Homeowners Are Pocketing Over $6 Trillion in Equity Post-Pandemic

Pro Builder

Homeowners Are Pocketing Over $6 Trillion in Equity Post-Pandemic. Record housing appreciation is helping some homeowners build substantial wealth, while would-be buyers are priced out on the opposite end of the housing market. . As housing appreciates at a record pace across the U.S., Mon, 05/02/2022 - 10:49.

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A Housing Slowdown Is Underway, but This Downturn Is Nothing Like the Last One, Experts Say

Pro Builder

A Housing Slowdown Is Underway, but This Downturn Is Nothing Like the Last One, Experts Say. The housing market is finally cooling off after a mid-pandemic hot stretch, but today's market is much more stable than the bubble and bust buying landscape of 2008. Wed, 06/22/2022 - 11:49. There are currently 2.5

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Two Years Later, First-Time Buyers Are Still Stuck on the Starting Line

Pro Builder

Unable to compete with repeat buyers backed by equity, first-time house hunters have been sidelined for two years, and housing costs are still rising . For two years, first-time buyers have been put through the wringer of a competitive housing market characterized by soaring prices, bidding wars, and all-cash offers.

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Millennials Are Taking Over the High-End Housing Market

Pro Builder

Millennials Are Taking Over the High-End Housing Market. Though the Millennial generation initially seemed reluctant to embrace homeownership, buyers in their mid-20s to late 30s are flooding the housing market and accounting for 37% of total house hunters nationwide, says The Washington Post. Housing Markets.

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Contractor Accounting Vs. Regular Accounting

Contractor Bookkeeping

All Accounting Methods Share The Same Accounting Equations. Business Owners - Need three basic reports, Cash, Profit and Equity. Assets - Liabilities) = Equity. Regular Accounting - Is roughly 80% of all accounting and Accounting for businesses in the world. Cash On Hand. Profit And Loss Report.

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Expiration of Mortgage Bailout Programs Unlikely to Cause Foreclosure Crisis

Pro Builder

At the peak in May 2020, there were 5 million borrowers in forbearance programs and that has since dropped to 1.618 million, accounting for 3.1% 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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How One Designer Changed ADU Construction, Saving Builders Thousands

Pro Builder

One East Los Angeles native-turned-landlord became frustrated with the struggle to create smart yet low-cost housing solutions and turned to accessory dwelling units as a solution. How One Designer Changed ADU Construction, Saving Builders Thousands. cbroderick. Tue, 03/23/2021 - 10:13. Read More. .