article thumbnail

Nearly Half of All U.S. Homes Were Equity-Rich in the First Quarter of 2022

Pro Builder

Homes Were Equity-Rich in the First Quarter of 2022. Equity-rich homeowners are cashing out and leaving pricey markets to buy new homes in low-cost states. A red-hot housing market is pushing home values to new highs, and a subsequent increase in equity wealth is motivating some homeowners to relocate, according to The New York Times.

Equity 52
article thumbnail

What's next for affordable housing in 2024?

BD+C

What's next for affordable housing in 2024? 0 qpurcell Thu, 12/14/2023 - 15:40 Affordable Housing As 2023 draws to a close, GBBN’s Mary Jo Minerich and Amanda Markovic, AIA sat down to talk about the future. What’s next in terms of trends, technology, and construction of affordable housing? Where is it taking place?

Housing 105
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Key Characteristics of the 2021 Housing Market

Pro Builder

Key Characteristics of the 2021 Housing Market. High demand, low housing supply, a lack of starter homes, and fierce competition are the critical factors of a booming 2021 housing market reporting record-breaking prices, says Forbes Business Council. Housing Markets. Housing Markets. Tue, 11/02/2021 - 09:33.

Housing 59
article thumbnail

Quarter of Wealth Gap Between Latino-White Households Comes from Housing

Pro Builder

Quarter of Wealth Gap Between Latino-White Households Comes from Housing. A quarter of the wealth gap between white and Latino households stems from housing wealth disparities, reports Zillow. White households have nearly 50% more wealth than Latino, and much of that boils down to housing disparities. cbroderick. Read More. .

article thumbnail

There’s a Long-Standing Housing Crisis for Canada’s Indigenous Population—These Firms Have a Plan to Help

Pro Builder

There’s a Long-Standing Housing Crisis for Canada’s Indigenous Population—These Firms Have a Plan to Help. Just 500 people live In the remote town of Fort Severn in Ontario, but its intense struggle with a housing crisis is just one of many seen throughout northern Canada. Housing Markets. cbroderick. Thu, 08/12/2021 - 10:27.

Housing 52
article thumbnail

What You Should Know Before Taking a Construction Loan

Construction Marketing

Before approving your loan, the lender must review your projected budget estimates, detailed construction plans, and construction timelines to decide on your loan amount. In addition to meeting traditional borrower standards, the lender will inspect and approve construction timeline estimates, proposed budget, and architectural plans.

article thumbnail

Single-Family Rental Homes Are Becoming Top-Performing Investments

Pro Builder

Close to 100,000 built-to-rent homes will have started construction this year, according to estimates from Brad Hunter, founder of the Hunter Housing Economics consulting firm. Investors have poured about $30 billion in debt and equity into the sector in 2021, with many billions more in future commitments, Mr. Hunter said.

Debt 52