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Austin Commercial to manage construction of $240M soccer stadium in Austin, Texas

Construction Dive

Gensler will be the lead architect and CAA Icon the project manager for Precourt Sports Ventures' privately financed mixed-used project for Austin FC.

Austin 71
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The Fed Just Paused Interest Rate Hikes—What Does That Mean for Home Prices?

Pro Builder

Read more Market Data + Trends Financing Affordability Market Data + Trends ldeakins Tue, 06/20/2023 - 10:44 The Federal Reserve paused interest rate hikes for the first time in nearly a year last week, but experts say one key factor is still sustaining high home prices After 10 consecutive rate hikes, the Federal Reserve gave the U.S.

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Apple’s Austin Operations Center Claims Bronze 2012 Deal Of The Year From Business Facilities

Buisness Facilities Contributed Content

Apple’s selection of Austin, TX as the site for its new $304-million Operations Center is the Bronze Award winner in Business Facilities’ 2012 Economic Development Deal of the Year competition. Apple gave candidate locations a three-month window in which to make their proposals.

Austin 57
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Can Looser Zoning Rules Help the Housing Shortage? Biden Thinks So

Pro Builder

and Austin, Texas. Joseph Gyourko, a real-estate and finance professor at the University of Pennsylvania’s Wharton School, said the Biden administration’s proposed grant program would help compensate for the costs and burdens of new construction, such as increased congestion, that can stymie affordable housing projects. Read More. .

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As Mortgage Rates Fall, Homebuyer Demand Rebounds

Pro Builder

Financing. Prices fell 8.2% year over year in San Francisco, 2.8% in San Jose, CA, 2.7% in Pittsburgh, 2.3% in Detroit, 1.7% in Sacramento and 1.3% They declined less than 1% in Chicago, San Diego, Los Angeles and Philadelphia. . Affordability. New-Home Sales.

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Is the Housing Market in a Recession? Experts Can’t Decide

Pro Builder

About a third of homes for sale on Realtor.com in markets like Austin, Texas and Reno, Nev. Housing Policy + Finance. Some economists are certain that the U.S. housing market is in a recession. Others aren’t so sure. Sellers are adapting and adjusting their listing prices to match demand. Housing Markets. Housing Markets.

Housing 52
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Across the Country, Developers Are “Fighting for Land”

Pro Builder

According to the Wall Street Journal, more and more people are flocking to places like Austin, Phoenix, and Tampa, which increases the price of dirt there and makes the housing shortages worse in these areas. Housing Policy + Finance. But between 1977 and 2019, they grew at an average annual rate of about 13%. Land Planning.

Tampa 52