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What to Expect in an Ongoing Home Price Bubble

Pro Builder

Throughout 2021, the average sales price of a home rose 16%, reports Forbes, though some metro areas like Boise and Austin reported gains over 30%. While many regions will remain largely unchanged, others could see a crash in prices. I expect that this bubble will continue another year, so if you're flipping homes you might be in luck.

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$25 Million Pledged for Economic Development Partnership in Flint, Michigan Amid Water Crisis

Buisness Facilities Contributed Content

The FlintNOW Foundation and Huntington Bank have announced a multi-million economic development partnership aimed at boosting the economy of Flint, Michigan, and providing relief to local businesses and residents affected by the ongoing water crisis in that city.

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Cover Story: 2014 Business Facilities – Metro And Global Rankings

Business Facilities

In this year’s Metro Rankings Report, we’ve taken note of the crucial role exports are playing in the Recovery for many locations by charting their success in two of our rankings categories, Exports Growth Leaders and Exports Recovery Leaders. 10 in our Economic Growth Potential metro ranking. From the July/August 2014 issue.

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Commercial Real Estate To See Moderate Growth In 2016

Buisness Facilities Contributed Content

There are risks, including the potential for a debt crisis in emerging markets, the further depreciation of the yuan, and continued volatility in global equity markets. percent thanks to a combination of increased consumer spending, pent-up demand for commercial space and anticipated further monetary easing by the European Central Bank.

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How Just-in-Time Land Deals Help Manage Cash Flow

Pro Builder

This strategy is most likely driven by current equity shareholders more so than a genuine desire to own less land; after all, wouldn’t the appreciation of land purchased five years ago be conducive to higher margins today? In fact, that question is not easy to answer. .

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IHP Capital Partners' Richard Whiteley Discusses Land Opportunity for Home Builders

Pro Builder

While it is true that some metros have seen greater than usual out-migration after the pandemic, demand for multifamily homes in those areas remains high, and rents in places like San Francisco and Los Angeles are still strong. . To a large degree, leverage limits are driven by banks and absorption is driven by the market.

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Are There Lessons From the Great Recession for the COVID-19 Pandemic?

Pro Builder

Unlike the previous global recession caused by loose credit, inflated appraisals, and subprime mortgages to unqualified buyers, the fundamentals for housing since have been solid, as banks tightened lending practices and builders collectively seemed less extended. Benach also has a willingness to adjust, even when times are good. Builders.