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Homebuyers Boost Recovery of Multiple Sectors

Pro Builder

Historically low interest rates are luring in auto and home buyers, many of whom have higher incomes and firmer job security than low-wage, service-sector workers hardest-hit during the recession, economists and industry experts say. Financial.

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Forbearance Exits Expected to Add Inventory

Pro Builder

The intense housing market and strong equity growth will offer these homeowners more options than those in 2008 who were pushed into involuntary foreclosure, says Zillow. A wave of inventory could come soon as hundreds of thousands of homeowners are expected to exit forbearance, with a significant share likely to list their homes.

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What You Should Know Before Taking a Construction Loan

Construction Marketing

Construction only : This type of loan covers house building costs only and requires for the loan to be repaid in full within a year after the project’s completion or refinanced into a mortgage. The construction loan approval process is usually very rigorous, since the loan isn’t secured and doesn’t involve collateral.

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Young Professionals Have Returned to Cities, Impacting Rents

Pro Builder

The FTSE Nareit Equity Apartments index, which tracks publicly traded apartment companies, increased 42% since January 2021. Some landlords catering to affordable housing or lower-income tenants, meanwhile, have struggled to collect rent during the nearly yearlong eviction ban that ended over the weekend. Housing Markets.

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Gen Z May Surpass Millennials in the Homeownership Race—Here’s Why

Pro Builder

Not only are Gen Zers already saving up or investing large portions of their $360 trillion in disposable income, but they may also become homeowners at a younger age than Millennials, likely passing up 48% of Gen Xers who owned homes at the age of 30. . Housing Markets. The next generation has the opposite view. Demographics.

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Cracking the code of affordable housing

BD+C

Cracking the code of affordable housing 0 qpurcell Fri, 10/20/2023 - 09:03 Affordable Housing Perkins Eastman's affordable housing projects show how designers can help to advance the conversation of affordable housing. million homes that are accessible to low-income renters.

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Johnney Zhang Is Introducing Crypto to the Housing Industry

Pro Builder

Johnney Zhang Is Introducing Crypto to the Housing Industry. economy, USPC is backed by income-producing real estate and housing projects (that is, rentals), allowing each shareholder to reap the benefits of home equity gains without being, or becoming, a homeowner. Thu, 12/01/2022 - 11:41. Johnney Zhang.

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