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Why Elevated Mortgage Rates Could Be the Housing Market’s Biggest Threat Yet

Pro Builder

Why Elevated Mortgage Rates Could Be the Housing Market’s Biggest Threat Yet. Mortgage rates have officially crossed the 4% threshold, drawing affordability concerns from homebuyers and market experts alike. Everyone should embrace higher rates to cool off this madness, and hope inventory rises," Mohtashami tells Fortune.

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Record High Home Prices Create a Thanksgiving Seller’s Market

Pro Builder

Sellers are also receiving more offers above asking price as a result of tighter competition in a market with low inventory. The unseasonable surge in home prices appears to be drawing in more sellers, as the number of homes lsted for sale was down less than 3% from 2020 and up 11% from 2019. . Housing Markets. New-Home Sales.

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What the Future Holds for Single-Family Rentals

Pro Builder

The investors buying homes and aggregating them are unable to offer on-site maintenance, instead operating a “call center” model that may work for credit cards and cell-phone companies but is less satisfactory for housing needs. . These outlier homes may draw renters today, but over time the homes will age poorly.

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How Do Construction Loans Work?

Work Gearz

Building a house seems much more intimidating than buying one. Owner-builder construction loans : It is usual for every builder to build his own house. This is why as long as the builder has the certification to prove that the house, they are building is for themselves, they can apply for this specialized loan.

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Spec Home Builders Have Unique Bookkeeping Needs

Contractor Bookkeeping

They could do a fine job, the only question is how long would it take and would you be able to sell the house and make a profit? Spec Home Builders - Need people trained in construction bookkeeping who understand how to put together a bank draw correctly, not someone with experience in regular bookkeeping. We know what to do!

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Putting 9 senior living market trends into perspective

BD+C

Multifamily Housing Senior Living Design Apartments In a previous article , I laid out seven lessons that I’ve learned from more than 40 years of planning and designing senior living environments in the U.S. They sold off the entire inventory and took a significant write-off. and around the world.

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Home Builders Who Need To Keep Track Of Specialty Contractor Costs

Contractor Bookkeeping

They could do a fine job, the only question is how long would it take and would you be able to sell the house and make a profit? Spec Home Builders - Need people trained in construction accounting who understand how to put together a bank draw correctly, not someone with experience in regular bookkeeping. We know what to do!