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These Oversupplied Metros Could See Major Price Drops by Late 2024

Pro Builder

Formerly red-hot housing markets such as Seattle, Phoenix, San Francisco, and Austin, Texas, have seen substantial increases in inventory, and as a result, each metro is expected to see a double-digit price correction by late 2024. Read more Housing Markets Market Data + Trends Housing Markets

Metro 95
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When Will the Fed’s Rate Hikes Come to an End?

Pro Builder

As the Federal Reserve continues to raise its short-term rates to cool inflation and slow the housing market, prospective buyers are desperate for a reprieve . Housing Policy + Finance. Given this intended policy stance, a hard landing with a mild economic recession is, in our view, highly likely. for the federal funds rate.

Finance 52
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Industry Focus – Retail: Less Than Six Degrees of Separation

Buisness Facilities Contributed Content

Joining Habit Burger Grill in The Marketplace on Main, anchored by the Walmart Supercenter, are Pieology Pizzeria, Yogurtland, Metro PCS, Great Clips and a nail salon in the 14,000-square-foot multi-tenant building along Main Street at Escondido. percent accounting for the added inventory. percent to 13.06

Retail 40
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Builder of the Year Ivory Homes' Innovation Agenda

Pro Builder

Instead, Clark Ivory reassumed his CEO duties and set a bold, uncharted course to diversify the company’s successful semi-custom, move-up home legacy to include affordable housing for an increasing underserved segment of buyers. Design Within Reach—Exploring Attainable Housing Options. See past Builder of the Year winners. and Outward.

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SPECIAL REPORT: Steadfast And Strong In The Wake Of Superstorm Sandy

Buisness Facilities Contributed Content

Houses and businesses cleared away, leaving swatches of sand or burned-out ruins in their wake. In January, HuffPost reported that Sandy damaged or destroyed 305,000 housing units and disrupted more than 265,000 businesses in New York. In NJ, 346,000 housing units were destroyed or damaged, and 190,000 businesses affected.

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

Pro Builder

Many builders reported that last December was unusually busy, the best in years for housing starts and contracts. In the last quarter of 2019, he looked at his spec home inventory and decided he needed to move some units. In 2008, when Hodges was working through the housing crisis in Florida for builder K. Then, poof!

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

Pro Builder

Richard Whiteley: Home builders and land developers have been highly focused on restocking their land inventory since it became evident housing would be one of the unexpected beneficiaries—at least in the near term—of the pandemic. 2022 Housing Forecast: Opportunities and Challenges. Home Builders Ask: Where’s the Land?