Pro Builder
JULY 29, 2022
Out-Of-Town Buyers Are Flocking to Philadelphia With Big Budgets, and Locals Can’t Keep Up. Buyers are relocating to Philadelphia from coastal job centers and spending 40% more on homes than locals. The typical Philadelphia home sold for just $300,000 in June, less than half of New York’s $705,000 median sale price.
Pro Builder
JANUARY 27, 2022
Homeownership Is Becoming the More Affordable Option in Most Housing Markets. Housing prices are high all around, but low mortgage rates, rising wages, and home-equity wealth are giving buyers an edge over renters. housing markets, according to The Washington Post. Housing Markets. Housing Markets.
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Pro Builder
MARCH 16, 2023
Top 25 Finalists for Ivory Innovations' Housing Affordability Prize esorum Thu, 03/16/2023 - 09:09 This year’s finalists in the Construction & Design category include solutions to the labor shortage as well as environmentally friendly building solutions focused on decreasing construction time.
Pro Builder
APRIL 18, 2023
Top 10 Ivory Innovations Finalists for the 2023 Housing Affordability Prize qpurcell Tue, 04/18/2023 - 09:57 Yesterday, Ivory Innovations announced the Top 10 Finalists for the 2023 Ivory Prize for Housing Affordability. The 2023 Ivory Prize Winners will be announced on May 24, 2023, at PCBC in Anaheim, California.
Pro Builder
AUGUST 6, 2021
Chicago, Philadelphia, and New York experienced the largest declines in underwater homes during that period, reports National Mortgage News. On the flip side, “equity-rich” homes that have a value at least double the loan balance, increased by 4.2 There remain pockets of the country where housing debt-traps are widespread.
Pro Builder
AUGUST 10, 2021
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. San Antonio; Fort Worth, Texas; and Philadelphia. months of inventory to come as a result. Baltimore; Riverside, Calif.; Read More. . Market Data + Trends.
Pro Builder
MAY 29, 2020
Many builders reported that last December was unusually busy, the best in years for housing starts and contracts. In 2008, when Hodges was working through the housing crisis in Florida for builder K. Hodges advises builders to offer to suspend construction for a defined period, secure the house, and wait until the dust settles.
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