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More Than Half of Buyers Now Put Down 20% or More

Pro Builder

Rising down payments result in a drop of FHA and VA-issued mortgages, which insure zero and low down payment options. Meanwhile, the share of FHA-insured mortgages to total mortgages in fell to 14% in May 2021 from about 20% in past years. It is extremely difficult for FHA/VA buyers to get accepted in a multiple offer situation.

Finance 52
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Job Order Contracting – Best Practices Implementation

Building Information Management

Taxes, insurance, fringe benefits, and vacation allowances are to be included in the Contractor’s coefficient. As per the Owner’s General Conditions, a worker with overall project supervisory authority is to be present on the job site at all time. Typically JOC coefficients range from 0.80 Over 5,000,000.