Pro Builder
AUGUST 17, 2020
Home sales also increased in 67 of the 85 largest metro areas in July, but some states, such as New York, are seeing dramatic drops in home sales. The housing market was incredibly robust going into the pandemic with household debt at its lowest level in 40 years. Bridgeport, Conn., and Fort Lauderdale, Fla. Home sales were up 4.9%
Pro Builder
AUGUST 6, 2021
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. There remain pockets of the country where housing debt-traps are widespread. Increasing Home Values Lift 1 Million Homes from 'Underwater' Status. cbroderick.
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Pro Builder
JUNE 12, 2020
Also, owning land usually requires the builder to utilize debt capital, which reduces operating cash and can constrain a builder’s ability to invest in new communities in desired markets, all while increasing risks to investors. . Reducing Land Risk.
Business Facilities
JULY 24, 2019
The TNECD website summarizes Tennessee’s approach to business climate with this credo: “We believe in high expectations, low debt and a pro-business regulatory environment. secured a $10 million Department of Defense contract to strengthen the cybersecurity of small businesses that work with manufacturers in Louisiana. Louisiana, no.
Pro Builder
MAY 29, 2020
Hodges advises builders to offer to suspend construction for a defined period, secure the house, and wait until the dust settles. If the market did roll over, he might have to lay people off, but would not be stuck with land debt. Balance sheets are what make you go bankrupt,” he says. P&Ls, you can manage.”. .
Business Facilities
OCTOBER 11, 2017
Last year, Chicago’s thriving startups secured more than $1.7 If you seek a STEM job or a design job once you graduate from college you have a real chance of having your student debt relieved.”. is on track to open its first Amazon Robotics facility in Colorado, bringing over 1,500 new jobs to the Metro Denver region.
Pro Builder
DECEMBER 15, 2021
If those trends continued, Clark reckoned housing affordability in the Salt Lake metro area would follow the same path as California’s Silicon Valley, potentially creating an estimated shortage of 50,845 housing units in the Salt Lake market by 2044, according to a 2018 study by the University of Utah’s Kem C.
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