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These Cities Are Becoming More Affordable for Renters

Pro Builder

More than 40% of renters pay more than a third of their income on housing costs, meaning affordability typically affects renters more than it would homeowners, according to Smart Asset. The top five cities where rent has changed the most from 2016 to 2019 are Boston, San Francisco, Los Angeles, DC, and Baltimore. Key Findings.

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10 Cities at Greatest Risk for Possible Housing Crisis

Pro Builder

FHA mortgages are catered to borrowers who may be first-time, minority, or lower-income, Realtor.com says. Houston has the second highest number of delinquent FHA loans, followed by Chicago, Washington, DC, and Dallas. In August, nearly 17.4% of the 8 million FHA-backed mortgages were delinquent while 11.2%

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Forbearance Exits Expected to Add Inventory

Pro Builder

Low-income borrowers — who often, but not always, use federally backed programs including low down payment loans backed by the Federal Housing Administration (FHA) to help them secure a home — may be particularly vulnerable, with less savings and monthly cash flow to work their way out of forbearance. Baltimore; Riverside, Calif.;

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Centers of Technology: The Future Is Now

Business Facilities

CHICAGO AIMS FOR THE TOP OF THE TECH CHART. Chicago is rising up in ranks to become the next big place for technology innovation. Chicago’s Digital Manufacturing and Design Institute (DMDII), has partnered with McKinsey & Co. Chicago’s Digital Manufacturing and Design Institute (DMDII), has partnered with McKinsey & Co.

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Feature Story: 2016 Economic Development Awards

Buisness Facilities Contributed Content

We chose three winners for our Achievement in Logistics award: the Port of Baltimore and the Port of Virginia , both of which are being honored for their readiness in preparing for the opening later this year of the expanded Panama Canal; and the CenterPoint Intermodal Center in Illinois, North America’s largest inland port.

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Industry Focus: Food Processing – The Process Of Consistency

Business Facilities

Indiana is a “Right to Work” state and, in recent years, has enacted constitutional property tax caps and reduced the state’s corporate income tax. These arteries link the city with major markets along the east coast including Philadelphia, Wilmington, Baltimore, Washington D.C. effective buying income. and New York City.