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

Pro Builder

Mortgage rates have officially crossed the 4% threshold, drawing affordability concerns from homebuyers and market experts alike. The current rate of home price growth isn't sustainable: Simple economics dictates it can't outpace income growth forever. Why Elevated Mortgage Rates Could Be the Housing Market’s Biggest Threat Yet.

Housing 52
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How Do Construction Loans Work?

Work Gearz

The builder, lender, and borrower then negotiate the amount and frequency of these payments or draws. When the work gets completed, the builder is paid the last draw, and the cost is transferred to the buyer at closing. Builders will require to provide profit and cost projections along with a list of subcontractors and suppliers.

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Unique Bookkeeper Errors Reduce Contractor Profits

Contractor Bookkeeping

Excessive Accounts Were setup to track individual inventory items like lumber, nails, paint, pipe, roofing material, dirt, bark etcetera. Financial Reports Were Worthless Profit & Loss Reports showed massive income because Cost of Goods Sold (COGS) accounts were understated. The Key Colum - Is the Percentage (%) of Income.

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Industry Focus – Retail: Less Than Six Degrees of Separation

Buisness Facilities Contributed Content

The health of this industry is a vital economic indicator since sales tend to be driven by personal income, consumer confidence and interest rates. Lower gas prices are creating more discretionary income to save, pay down debt and spend on travel, eating out and personal services. Nearby is a new 15-acre Cape Coral Army Reserve Center.

Retail 40
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Putting 9 senior living market trends into perspective

BD+C

For developers and operators of senior living communities, the upper-income part of the market has the most potential for financial success but also the most options. They sold off the entire inventory and took a significant write-off. Understanding the care, needs, and preferences of aging seniors is only part of the answer.

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Location Focus: New York – The Empire State Leverages Its Strengths

Buisness Facilities Contributed Content

Business will be able to locate in these special university economic zones and operate 100 percent tax-free for 10 years, with no income tax, business or corporate state and local taxes, no sales tax, no property tax, no franchise fees, and in many cases, no income tax for employees.

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FAQ's About Outsourced Contractors Bookkeeping Services

Contractor Bookkeeping

It includes a brief overview of our outsourced contractors bookkeeping system that allows us to service a number of combinations of construction companies including: One Income Contractors: Handyman Services. Multiple Income Contractors: Handyman + General + Remodel. Any Combination With An Inventory Of Rental Properties.

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