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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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These Metros Will Be the First to See Prices Fall in a Market Correction

Pro Builder

These Metros Will Be the First to See Prices Fall in a Market Correction. A 2023 housing correction could lead to significant price drops in these overheated U.S. The investment bank says those markets are "overheated," which implies that home price growth there got too detached from fundamentals during the Pandemic Housing Boom.

Metro 52
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Working to Improve Access to Affordable Housing

Pro Builder

Working to Improve Access to Affordable Housing. NAHB Policy Briefing | Urging the Biden administration to do more for affordable housing; multifamily growth in the suburbs and beyond. Increase the supply of manufactured housing and two- to four-unit properties by expanding financing through Freddie Mac. .

Housing 59
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Working to Improve Access to Affordable Housing

Pro Builder

Working to Improve Access to Affordable Housing. NAHB Policy Briefing | Urging the Biden administration to do more for affordable housing; multifamily growth in the suburbs and beyond. The White House plan seeks to: • Leverage existing federal funds to spur action that reduces exclusionary zoning. in small metro urban cores.

Housing 52
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Subbies left unpaid by developer Empire Property Concepts

Construction Enquirer

Empire Property Concepts Ltd changed its name to MCIOD Limited days before Metro Bank called in the administrators. The administrators report filed at Companies House is signed-off by Empire director Paul Rothwell who is also listed as a director of a series of other businesses mainly based at the same Doncaster address. .”

Banking 100
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The Top Markets for Women Homebuyers

Pro Builder

These regional housing markets approved mortgages for the largest number of female buyers in 2020, and they’re likely to see even more women buying homes in 2022. Women were approved for at least 25% of all mortgages in the top 40 metro areas. On average, women were approved for 26.43% of all mortgages in the top 40 metro areas.

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Single Female Buyers Are Forging Through Record Price Increases

Pro Builder

Financially independent female buyers seem undeterred by rising home prices in metros like Denver. Single women account for 20% of first-time homebuyers nationwide compared to just 11% of single men, and even sky high home prices in metros like Denver aren’t stopping them from making new home purchases. Tue, 04/19/2022 - 10:23.

Denver 52