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Minority Homeownership Spiked During Pandemic Buying Boom

Pro Builder

Not at all,” said Taria Faison, 45, a Baltimore podcaster who closed on a townhouse in fall 2021. Their mortgage payments of $2,000 a month are a bit more than their rent, but Faison said she finds comfort in knowing that she’s building equity. Was I planning to buy? And finally we just said, ‘something has to change.’. Demographics.

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Forbearance Exits Expected to Add Inventory

Pro Builder

The intense housing market and strong equity growth will offer these homeowners more options than those in 2008 who were pushed into involuntary foreclosure, says Zillow. Baltimore; Riverside, Calif.; This not only benefits the market’s inventory problem, but homeowners can benefit from the significant price appreciation. Read More.

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Cities Where Homeownership is More Affordable Than Renting

Pro Builder

While renting offers flexibility and convenience, homeownership begins equity and can offer lower taxes. Medium-sized cities like Memphis, El Paso and Baltimore, on the other hand, are better for buyers. SmartAsset analyzed the 50 largest U.S. cities to identify the ones where homeownership is more affordable than renting.

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Meet the Insider: Cliff Cole, Director of VDC at the PENTA Building Group

Autodesk Construction Cloud

I was born and raised in Baltimore, MD, until I went to college in Greensboro, NC. My area of expertise is in Construction Management, Building Information Modeling, Construction Technology, Lean Construction and Diversity, Equity, and Inclusion Initiatives. Currently, I am the Director of Virtual Design and Construction at PENTA.

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Cover Story: 2014 Business Facilities – Metro And Global Rankings

Business Facilities

Cerberus, an equity player who had acquired a majority stake in Chrysler from German auto giant Daimler-Benz in 2007, went into bankruptcy in 2009. The Port of Baltimore has had a 50-foot deep channel since 1990. It took a federal bailout and the acquisition of Chrysler by Italy’s Fiat to keep the third-largest U.S.

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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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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

Companies must be less than 5-years old; have an annual payroll between $100,000 and $1 million; show proof of an equity investment of at least $250,000; pay at least 150 percent of the lesser of the state or county average hourly wage where the business is located; and meet requisite payroll thresholds. Employees must be Arkansas taxpayers.

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