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How Changes to Congressional Committees Will Impact Housing

Pro Builder

How Changes to Congressional Committees Will Impact Housing. These changes to Congress mean changes to those overseeing key housing issues. Senate Finance Committee. Mike Crapo (R-Idaho), who is the outgoing chairman of the Banking Committee. Housing Policy + Finance. cbroderick. Tue, 11/10/2020 - 09:25.

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Housing, Industrialized: Your Road Map to Off-Site Construction

Pro Builder

Housing, Industrialized: Your Road Map to Off-Site Construction. Sidebar: The Synergy of Industrialized Construction and Built-for-Rent Housing. delivers four houses per week, about half the time it would take to frame the same number of houses on-site, Logue says. Mon, 10/04/2021 - 14:02.

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February Listings Received an Average of Four Offers

Pro Builder

For housing inventory to meet demand, which would mean a six month supply, an additional 2.7 Some areas experienced longer times on the market, such as North Dakota and Montana, while Idaho and South Dakota saw homes snatched up the fastest. Financing. It’s a direct result of high demand and low supply. Read More. .

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Home-Price Growth Is Slowing, But Buyers Are Still Upping Their Budgets

Pro Builder

A separate home-price index from the Federal Housing Finance Agency recorded a 17.4% That report indicated that the Mountain region—Idaho, Montana, Wyoming, Nevada, Utah, Colorado, Arizona and New Mexico—saw the largest price gains. increase between October 2020 and October 2021 nationally.

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Top Three Metros With the Fastest Rising Home Prices

Pro Builder

Separately, the Federal Housing Finance Agency released its own monthly home price index for November. The lack of inventory should continue to fuel home-price increases for foreseeable future, especially in popular markets such as Phoenix and Boise, Idaho. Plus, the supply of homes for sales is all but exhausted. Read More. .

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More Americans Became Equity Rich During the Pandemic

Pro Builder

Idaho, where prices have boomed in recent years, leads the pack as 65.1% A home is underwater when the owner owes far more to the bank than the house is worth.) of all homes with mortgages there were equity rich. of homes with a mortgage were underwater in the third quarter, compared with 6% the year before. New-Home Sales.

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Homeownership Wealth Gains for Second Quarter of 2020

Pro Builder

Based on the 2019 Survey of Consumer Finance data, homeownership accounts for 90% of total wealth among all families. Nine of the top 10 metro areas with the largest housing wealth gains over a 10-year period were on the West Coast: San Jose-Sunnyvale-Sta. Homeownership Wealth Gains for Second Quarter of 2020. cbroderick.