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20-Year High Mortgage Rates Won’t Crash the Housing Market—Here’s Why

Pro Builder

20-Year High Mortgage Rates Won’t Crash the Housing Market—Here’s Why. Mortgage rates briefly surged to a 20-year high last week, and as more prospective buyers are priced out of home purchases, economists warn that the housing market may be headed full speed ahead toward a recession. Mon, 10/03/2022 - 09:59.

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House builder Lane End owes £12m to suppliers

Construction Enquirer

An update from administrator Quantuma Advisory details debts of £11.8m Warrington based Lane End Developments Construction Ltd owed nearly £12m to suppliers and subcontractors when it went into administration in April. owed to 412 unsecured creditors left holding unpaid invoices.

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M&E contractor Mitton files administration notice

Construction Enquirer

Latest accounts filed at Companies House show the H Mitton group had a turnover of for the year to January 27 2022 of £33.7m Subscribers to the Red Flag Alert service benefit from early warnings about the financial health of companies to help them avoid bad debts. generating a pre-tax profit of £583,000 while employing 312 staff.

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After Years of Volatility, the Housing Market May Be Normalizing, Says John Burns

Pro Builder

After Years of Volatility, the Housing Market May Be Normalizing, Says John Burns. Current market conditions point toward a housing slowdown, but months of supply and employment growth will be two key metrics shaping the path forward. The top seven builders have about $25B in debt, with less than half due in the next 5 years.

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Housing Supply Falls to New Low While Prices Hit New High

Pro Builder

Housing Supply Falls to New Low While Prices Hit New High. It may seem like the Twilight Zone for the housing market to be performing better than ever while the economy is in the tank, but it goes to show that we are in truly unprecedented times. cbroderick. Mon, 08/17/2020 - 09:57. In July, median home prices increased by 8.2%

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Tax Reform Impact on Employers and Employees

Revit OpEd

The new federal Tax Bill has many provisions that impact employers with respect to their employees. On December 19, 2017, the Senate voted to approve the Tax Bill and, on December 20, 2017, the House voted to approve the Tax Bill. The Tax Bill was sent to the White House for President Trump’s signature.

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Construction Law: May 2024

Construction Law

Worst client in the UK” issues revised terms and conditions New, in-house terms and conditions of contract are to be used by Transport Scotland for the Tay Crossing to Ballinluig project, part of the much delayed £3.7 Arbitration Restructuring versus arbitral awards – will the debt survive? billion A9 Dualling programme.