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Metro Denver Adds 49 New Affordable Housing Units

Pro Builder

and financing came from Denver’s Homelessness Resolution Fund, the Colorado Housing & Finance Authority, and the Colorado Division of Housing, The Denver Gazette reports. “We The one-bedroom apartments, with support services from WellPower, seek to transition homeless individuals back into long-term housing.

Denver 52
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Top Three Metros With the Fastest Rising Home Prices

Pro Builder

Top Three Metros With the Fastest Rising Home Prices. For the S&P CoreLogic Case-Shiller 20-city price index, which focuses on the largest 20 metros in the country, home prices rose by 9.1% For the S&P CoreLogic Case-Shiller 20-city price index, which focuses on the largest 20 metros in the country, home prices rose by 9.1%

Metro 52
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Conforming Loan Limits Top $1 Million in High-Cost Markets

Pro Builder

The FHFA’s new limits will grant prospective buyers a more affordable pathway to homeownership in high-cost markets, but the new $1 million benchmark is only reserved for the nation’s most expensive metro areas. These counties are largely concentrated in the nation’s most expensive metro areas, along the coasts and in the Mountain West.

Metro 52
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When Will the Fed’s Rate Hikes Come to an End?

Pro Builder

As skyrocketing rates kickstart a market correction and cause home prices to fall in a number of overheated metros, the Fed is hoping that new interest rate gains will cause supply and demand to rebalance after years of soaring housing costs, low inventory, and fast-paced home sales. Housing Policy + Finance. Financing.

Finance 52
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Buyers Are Making the Largest Down Payments in These High-Cost Cities

Pro Builder

With housing inventory at historic lows and mortgage rates at a 20-year high, buyers are digging deep into their savings to make larger down payments in some costly metros. Homebuyers are making larger down payments than ever before to beat out the competition in some of the nation's priciest cities. New-Home Sales. Housing Markets.

CA 52
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The Fastest and Slowest Moving Housing Markets Right Now

Pro Builder

It is suggested buyers prepare to move quickly, says Realtor.com, by having finances lined up, gaining neighborhood knowledge, and sticking to the upper limit of their budgets. Slower moving markets are still moving fast compared to last year, but these markets typically have more inventory to offer. Median list price: $489,950.

Housing 52
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How Just-in-Time Land Deals Help Manage Cash Flow

Pro Builder

The home building industry has historically benefited from advancements in building materials, technological innovation , long-term mortgage financing, and government support. But when it comes to land inventory strategies, most builders seem reluctant to rely on a “just-in-time” model to acquire land as needed for immediate construction.