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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. decline in home prices for 2023. Read more Housing Markets Market Data + Trends Housing Markets

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These Pandemic Boomtowns Are Cooling Down in 2023

Pro Builder

and that sudden cooldown isn’t just the result of recent banking turmoil or a shaky stock market. buyers in pandemic boomtowns are navigating low inventory, elevated home prices, and inflated borrowing costs, but tech layoffs and falling stocks are adding an additional obstacle. Along with house hunters in other parts of the U.S.,

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BUSINESS REPORT: Texas – Innovation Moves Front And Center In Austin

Buisness Facilities Contributed Content

TEXAS FAST FACTS. The device is based on dried blood spot (DBS) technology, which is best known for newborn screening and has many additional commercial uses for clinical trials, bio-banking, population studies and a wide range of medical research. Amazon Puts Three New Warehouses In Texas. Population (2011 Est.): 25,674,681.

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South Louisiana Methanol Announces $1.3 Billion Investment

Buisness Facilities Contributed Content

billion in a new methanol production facility on the banks of the Mississippi River in St. of Austin, Texas, and Todd Corp., Bobby Jindal, South Louisiana Methanol CEO Barry Williamson and Todd Corp. Group CEO Jon Young announced that South Louisiana Methanol LP will invest $1.3 James Parish. project in Convent, La., James Parish, La.

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Shovel-Ready Sites: Ready To Hit The Ground Running

Business Facilities

As the world’s largest analog/mixed-signal foundry group manufacturing silicon wafers for mixed-signal integrated circuits, X-FAB Texas is home to the world’s first six-inch silicon carbide (SiC) foundry. The finance industry continues to see high returns in Lubbock with a diverse portfolio in commercial and investment banking.

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Leading the Home Building Industry: Pro Builder's 2021 Forty Under 40

Pro Builder

Eder Gallardo , 35, VP, Edward’s Homes of El Paso, El Paso, Texas. Steven Speer , 29, Senior Construction Superintendent and Safety Manager, Blackrock Builders, College Station, Texas. Chelsea Timmons , 33, VP of Community Experience, TRI Pointe Homes, Austin, Texas. El Paso, Texas. . Valparaiso, Ind. Hovnanian Homes.

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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. To a large degree, leverage limits are driven by banks and absorption is driven by the market.