article thumbnail

How Did First-Time Buyers Fare Last Quarter?

Pro Builder

metros, homes remained five times more expensive than the average first-time buyer income, reports NerdWallet. On the other end, Los Angeles, San Diego, San Jose, San Francisco, and Sacramento remained the most pricey metros. times median first-time buyer income in the fourth quarter. Read More. .

article thumbnail

Affordability Worsens for First-Time Buyers

Pro Builder

NerdWallet analyzed home affordability for first-time buyers in the country’s largest metros, finding a notable loss of affordability for these usually younger buyers with less robust credit histories and tighter budgets. times more than the median income for a first-time buyer compared to the previous quarter’s 5.2

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

U.S. CRE Turning Around In 2014, According To New PwC/ULI Report

Buisness Facilities Contributed Content

San JoseSan Jose is the third-ranked market for the second year in a row, with investors attracted to the prospects offered by the city’s technology industry. Respondents believe that the job and income growth generated by the sector will support rising real estate demand. Property Types.

ULI 83
article thumbnail

STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

INCOME TAX CAPITAL CREDIT: Currently codified as Article 7, Chapter 18, Title 40, Code of Alabama 1975. It is a credit of five percent of the capital costs of a qualifying project, to be applied to the Alabama income tax liability or financial institution excise tax generated by the project income, each year for 20 years.

Income 75