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Sun Belt Buyers Need 40% More Income to Afford a Home

Pro Builder

Sun Belt Buyers Need 40% More Income to Afford a Home. Monthly mortgage payments in Tampa, Florida are up 47.8% from 2021, while homebuyers in Phoenix must earn $87,026 to afford the area’s typical monthly mortgage payment of $2,176, a 45.7% There are a few ways for people to get around rising housing costs,” Marr continued.

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The Buying Boom Is Slowing, and Experts Say a Housing Correction Could Follow

Pro Builder

The Buying Boom Is Slowing, and Experts Say a Housing Correction Could Follow. As mortgage rates keep climbing, we may be moving from a housing boom to a housing correction, says top economist Mark Zandi . housing markets. Tue, 05/31/2022 - 10:10. That's the finding from Moody's proprietary analysis of U.S. Affordability.

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Homeownership Wealth Gains for Second Quarter of 2020

Pro Builder

In the bottom 20% income percentile, a home accounts for 99% of total assets, compared to 42% for families in the top 10% income bracket. 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. Clara; San Francisco-Oakland-Hayward; Anaheim-Sta.

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Advanced Manufacturing: Manufacturing Gets Smarter, Faster

Business Facilities

Thanks in part to its pro-business policies, strong workforce and trade infrastructure, Florida ranks among the nation’s top 10 states for manufacturing. So while the talent base in Florida is strong today, tomorrow’s workforce looks even brighter. BRIDG, the world’s first industry-led smart sensor consortium, in Central Florida.

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State by State Incentives Guide

Buisness Facilities Contributed Content

USDA Rural Development in Alabama: A variety of loan, grant, and loan guarantee programs, plus technical assistance in the areas of business and industry, cooperative development, rural housing, community facilities, water and waste disposal, and telecommunications, including distance learning and telemedicine. TAX INCENTIVES. 25 to $1.75

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Top 25 Finalists for Ivory Innovations' Housing Affordability Prize

Pro Builder

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.

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Industry Focus: Food Processing – The Process Of Consistency

Business Facilities

Indiana is a “Right to Work” state and, in recent years, has enacted constitutional property tax caps and reduced the state’s corporate income tax. In addition there is some of the finest executive housing available at very reasonable costs. AK-CHIN’S AGRI-BUSINESS GROWS IN NATIVE AMERICAN COMMUNITY. Photo: Ak-Chin Indian Community.).