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The Nation’s Hottest Housing Markets Are Finally Cooling

Pro Builder

Local housing inventories are climbing in some of the nation's most in-demand metros and suburbs, signaling greater affordability and more opportunities for home purchases in the near future. Located southwest of Chicago, Joliet, Illinois recorded a 188.3% and 112.3%, respectively. Housing Markets.

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Rental Market Recovers Faster Than Predicted

Pro Builder

There’s rebalancing in the for-sale market as well with inventory increasing for the third consecutive month and home value growth slowing in many of the largest markets. Only nine metros are yet to catch up with their projected levels, mainly concentrated in more-expensive coastal markets: Los Angeles, Washington D.C., Read More. .

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Tampa Takes the Top Spot as 2022's Hottest Market

Pro Builder

For the second year in a row, the Sun Belt is dominating Zillow’s list of the nation’s hottest housing markets with metros like Tampa, Jacksonville, and Raleigh securing the top spots. Where the sun is hot, the real estate is even hotter. Zillow’s list of the top markets in 2022 is here.

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May Home Price Increase Breaks S&P Case-Shiller Record

Pro Builder

Every metro tracked in the 20-city composite recorded price increases while Phoenix, San Diego, and Seattle posted the highest annual gains of the 20 cities. Chicago, Cleveland and Minneapolis reported the lowest gains, although they were still in low double-digits. The S&P Case-Shiller 10-city composite increased 16.4%

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Illinois: Unveiling the Future of Digital Design and Manufacturing

Business Facilities

L ast year, Chicago celebrated the highly anticipated grand opening of the new UI Labs Digital Manufacturing and Design Innovation Institute (DMDII) on Goose Island. Last year’s groundbreaking on the project was an exciting one for Goose Island, which is quickly becoming known as an important tech hub within Chicago.

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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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SPECIAL REPORT: Two Train Cars Forward, Three Cargo Ships Back

Buisness Facilities Contributed Content

Logistics incorporates the complexity of integrating information, transportation, inventory, warehousing, material handling and packaging. business logistics costs include three main categories: Inventory Carrying, Transportation and Administration. The Joplin Metro area in southwest Missouri is in the center of North American markets.