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Mortgage Equity Withdrawals Surge Amid Record Housing Wealth

Pro Builder

Mortgage Equity Withdrawals Surge Amid Record Housing Wealth. Net equity extractions are on the rise as home prices keep climbing, but homeowners could soon slow their borrowing activity due to higher mortgage rates. For Q1 2022, the Net Equity Extraction was $131 billion, or 2.87% of Disposable Personal Income (DPI).

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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
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Record Appreciation Is Sending Homeowner Wealth Soaring

Pro Builder

Middle-income homeowners have seen their properties appreciate by 68% since 2012, amounting to $122,100 in equity wealth, according to the National Association of Realtors. Similarly, low-income homeowners reported $98,900 in equity gains, and upper-income households accrued $150,800 in equity.

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Rent or Buy. The Biggest Deciding Factors in Today’s Housing Market

Pro Builder

The Biggest Deciding Factors in Today’s Housing Market ldeakins Thu, 04/27/2023 - 10:53 Home prices and rental costs are at all-time highs, so how are Americans determining which housing option is more affordable? You don’t buy a house based on the price of the house,” [Diana] Olick said. Rent or Buy.

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Real Estate Investment Trusts (REITs): Understanding the Construction Connection

Construction Marketing

Real Estate Investment Trusts (REITs) are owners, operators, and financers of income-generating real estate properties. The primary purpose of a REIT is to generate income for its investors through rental income, capital gains, or both. Hybrid REITs combine the characteristics of both equity and mortgage REITs.

Income 216
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More House Hunters Are Seeking Out Diverse Neighborhoods

Pro Builder

More House Hunters Are Seeking Out Diverse Neighborhoods. How the housing market is prioritizing inclusivity. housing market adapts to a more diverse national population, developers are pushing for more inclusive housing for ??economically, Fri, 10/22/2021 - 10:04. As the U.S.

Housing 105
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Millennials Are Taking Over the High-End Housing Market

Pro Builder

Millennials Are Taking Over the High-End Housing Market. High-income Millennial buyers are skipping past starter homes and diving into the deep end of a competitive high-end market. They’re now entering the height of their careers and have the equity to purchase homes, especially higher-end homes.”. Housing Markets.

Housing 52