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Record Appreciation Is Sending Homeowner Wealth Soaring

Pro Builder

As a result, more households were able to pay off their debts or refinance their mortgages, leaving homeowners with a net worth roughly 40 times higher than that of a renter. All of the top 10 areas with the largest wealth gains for low-income owners—with equity surpassing $290,000—were located in California.

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Salary Needed to Afford a Home in the Top 15 Metros

Pro Builder

Housing costs are the biggest expense Americans have, with about one-third of the average American salary going toward these. SmartAsset identified the salaries needed in the 15 largest metros to afford an average home payment and not exceed the recommended 36% debt-to-income ratio. California is expensive. cbroderick.

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Cities Where Buyers Can Afford the Most and Least

Pro Builder

Housing affordability continues to be an issue for many Americans. Nearly 67% of Americans are bunkered down by at least one non-mortgage debt. Data compared included median household income in each city, average non-mortgage debt, and median home values. Some big-city dwellers with debt may struggle to afford a home.

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California is Rolling in Dough

Buisness Facilities Contributed Content

We used to think it was only a matter of time before California sold off the Golden Gate Bridge, the Redwood Forest and other crown jewels to close a state deficit of more than $60 billion. California (along with Florida and Nevada) was hit harder than anywhere else in the U.S. by the housing market collapse. Far West U.S.

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Energy Innovation: Solar Energy Solutions Continue to Gain Momentum

Pro Builder

With Denver city and county seeking to reduce energy consumption 30% by 2030, the Denver Housing Authority (DHA) began installing rooftop solar panels on 665 properties in 2005; another 2,335 were eligible, but were ultimately deemed unsuited due to issues of excessive shading, rooftop conditions, or redevelopment plans. . The Ultimate Z.E.N.

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Black Gold Rush

Buisness Facilities Contributed Content

No state has a brighter employment picture: there are so many jobs being created in the Peace Garden State—(yep, that’s what the locals call it, and no, it’s not a more sedate version of New Jersey)—that many new hires are having a hard time finding lodging, sleeping in their cars or RVs while new housing is built. Map of U.S.

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What’s a Colloquium?

Natural Building

By the spring of 2016 Renata and I began building a home in northern California with a rag-tag group of students, volunteers and experienced builders.” Penelope has grown up in a home that has been slowly finished around her by her parents who are now competent builders, free from debt and able to pursue their dreams.”