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Increasing Home Values Lift 1 Million Homes from 'Underwater' Status

Pro Builder

Home value increases have taken more than 1 million homes out of an “underwater” status, meaning the loans secured by the property were 25% higher than the home’s market value. Chicago, Philadelphia, and New York experienced the largest declines in underwater homes during that period, reports National Mortgage News.

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

Buisness Facilities Contributed Content

As a result, the report anticipates that 2014 may be the year that many investors who have traditionally focused mainly on large established markets such as Boston, Chicago, Los Angeles, New York City, San Francisco and Washington, will be expanding their focus to other cities in order to protect capital.

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Centers of Technology: The Future Is Now

Business Facilities

CHICAGO AIMS FOR THE TOP OF THE TECH CHART. Chicago is rising up in ranks to become the next big place for technology innovation. Chicago’s Digital Manufacturing and Design Institute (DMDII), has partnered with McKinsey & Co. Chicago’s Digital Manufacturing and Design Institute (DMDII), has partnered with McKinsey & Co.

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Two-Way Street

Buisness Facilities Contributed Content

Bush and Al Gore were arguing over whether to stick our last budget surplus in a “lockbox” to keep Social Security solvent or to give wealthy Americans huge tax breaks. Shanghai has close economic ties with American cities and is sister city of San Francisco, Chicago and Houston.

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

Pro Builder

Jeff Benach, co-principal at Lexington Homes, in Chicago, says his team regularly examines financial scenarios to forecast what the numbers could look like if sales declined by 10%, 20%, and so on. There have been four “official” recessions since 1980, and Jeff Benach, co-principal at Lexington Homes , in Chicago, has endured them all.

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Feature Story: 2016 Economic Development Awards

Buisness Facilities Contributed Content

focused on mobile, security and business operations software). This marks a transformative moment for Rochester that will fuel economic growth, create jobs and further secure this region’s place as the photonics capital of the nation,” said Gov. The debt-free, state-of-the-art AnC Bio facility will take about 18 months to build.

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