Pro Builder
AUGUST 10, 2021
Forbearance Exits Expected to Add Inventory. A wave of inventory could come soon as hundreds of thousands of homeowners are expected to exit forbearance, with a significant share likely to list their homes. This not only benefits the market’s inventory problem, but homeowners can benefit from the significant price appreciation.
Pro Builder
SEPTEMBER 3, 2020
Relatively Affordable Cities Experiencing the Worst Housing Shortage. Housing inventory has been dropping for the past year, but July saw the worst shortage on record. Baltimore’s housing supply plummeted by 21%. cbroderick. Thu, 09/03/2020 - 10:03. San Antonio saw a 21% year-over-year decrease of homes in July.
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Pro Builder
JUNE 8, 2022
Market hurdles like historically low housing supply, surging mortgage rates, and stagnant income growth are keeping first-time buyers sidelined at the start of 2022. Other affordable metros include: Cleveland (3.1), Detroit (3.5), Buffalo, New York (3.6); and Baltimore (3.7). First-Time Buyer Affordability Fell Sharply in Q1 2022.
Pro Builder
MARCH 9, 2022
First-time buyers struggled the most in the wake of record high home prices and a lack of starter inventory, but metros like Pittsburgh and Cleveland offered some relative affordability. Detroit joined this lineup, nudging out Minneapolis and Baltimore. Housing Markets. times median first-time buyer income, Cleveland (3.1), St.
Green Building Law Update
OCTOBER 25, 2015
A recent federal government inventory found less than 81 megawatts of community solar projects in total (versus over 4,400 megawatts of installed residential rooftop solar in the U.S.). Today there are only a handful of community projects actually producing power in Arizona, Colorado, California and Maryland.
Natural Building
DECEMBER 12, 2020
Baltimore-based nonprofit Second Chance salvages unwanted building materials from single-family homes and other buildings. All of the items gathered are displayed in the company’s 250,000-square-foot retail location in downtown Baltimore, which sells to builders, designers, collectors, and the general public. warehouse in Baltimore.
Pro Builder
DECEMBER 21, 2021
Limited inventory is causing yet another increase in home prices at the end of 2021. Market experts predict that inflation could also play a serious role in housing affordability throughout 2022 as home buyers face increases for consumer goods. The smallest increases were in Baltimore; Bridgeport, Connecticut; and Newark, New Jersey.
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