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Forbearance Exits Expected to Add Inventory

Pro Builder

The intense housing market and strong equity growth will offer these homeowners more options than those in 2008 who were pushed into involuntary foreclosure, says Zillow. A wave of inventory could come soon as hundreds of thousands of homeowners are expected to exit forbearance, with a significant share likely to list their homes.

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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. at the end of 2019.

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Are You Ready for Build to Rent?

Pro Builder

More builders and investors are testing the waters of the single-family build-to-rent sector as consumers seek affordable housing options and to lease rather than buy. And there are several investor groups of varying sizes clamoring to own and/or operate rental housing. Are You Ready for Build to Rent? cbroderick. Sorting It Out.

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

Pro Builder

Many builders reported that last December was unusually busy, the best in years for housing starts and contracts. 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. Then, poof!

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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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FEATURE STORY: The Cultural Roots Of High-Tech Growth

Buisness Facilities Contributed Content

billion in equity. Seattle, Austin, Philadelphia and Chicago. These include the National Center for Atmospheric Research’s (NCAR) supercomputing center; a Microsoft data center; and similar data hosts like Green House Data, which opened shop in the Cheyenne Business Parkway in 2007.

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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. Once-abandoned buildings now house co-working spaces and incubators. Andrew Cuomo.

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