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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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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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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.

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

Pro Builder

Long-term equity gains promise the most ROI for Americans stuck on the fence between renting and buying, particularly in a time of record home price appreciation. You will build equity in the home over the long term, and renting a house is really just throwing money out.” Across the 50 largest metro areas in the U.S.,

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How the Gender Pay Gap Affects Women Homebuyers

Pro Builder

Though pay equity is becoming slightly more common in some professional fields, women working in finance, education, and health services are still seeing the largest income disparities, a financial hurdle which is now spilling over into the housing market, Zillow reports. . As home prices reach new highs across the U.S.,

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6 guideposts for cities to create equitable transit-oriented developments

BD+C

However, there is a purposeful shift under way toward a concept that prioritizes equity at every step of the process to enable inclusive communities around transit stops. Voters approved funding for this program in 2020 with equity as a mandate. For many people, living car-free is not a choice.

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Home Price Appreciation Benefits Some Homeowners but Leaves Many More Scrambling

Pro Builder

While some are swimming in equity, others are drowning in debt—and losing their homes as a result. Property tax increases are causing foreclosure rates to rise in states where homeowners are already facing high unemployment rates, income inequality, and large debt-to-income ratios. Wed, 12/15/2021 - 10:07. Financials.

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