Pro Builder

MARCH 13, 2023

Housing Affordability: Why This Downturn Is Different ibush Mon, 03/13/2023 - 07:00 The current shortage of affordable homes is due to more than just undersupply in the market Tony L. Callahan, Contributing Editor We are currently in a housing downturn that will likely be followed by a recession. On the horizontal axis is the U.S.

Housing 98

Housing Insurance Materials Viewpoint 98

Pro Builder

SEPTEMBER 21, 2021

Banks Consider Climate Change Risk for Home Loans. Banks are starting to calculate their risk exposure to climate catastrophes, and this process can be called “underwaterwriting” or “blue-lining,” depending on whether you’re looking at it from the point of view of the bank or consumer respectively. Housing Policy + Finance.

Banking 52

Banking Risk Finance Comparison 52

Levelset

APRIL 8, 2022

On projects like this, property owners typically count on an insurance claim to pay for the work – they may not have cash on hand to pay you out of pocket. Understanding a homeowner’s insurance policy – and what it covers – can be helpful when deciding to take on a project. Understanding homeowner insurance policies.

Insurance 52

Insurance Claims Agreement Lien 52

Pro Builder

OCTOBER 7, 2022

Nearly Two-Thirds of Homebuyers Are Hesitant to Move to Housing Markets Hit by Extreme Weather. Americans are increasingly taking climate risks into consideration when relocating to a new housing market, especially in the wake of extreme weather events like Hurricane Ian. Housing Markets. Fri, 10/07/2022 - 10:38.

Housing 52

Housing Zoning Tampa Risk 52

Pro Builder

SEPTEMBER 28, 2020

HUD Secretary Carson Discusses Government’s Actions to Address Housing Issues. HUD Secretary Ben Carson on the agency's actions to address affordable housing and easing the effects of the COVID-19 pandemic on homeowners. Ben Carson on Affordable Housing and Private-Sector Collaboration. Affordable Housing. cbroderick.

Housing 98

Housing NAHB Insurance Income 98

Pro Builder

OCTOBER 1, 2021

Working to Improve Access to Affordable Housing. NAHB Policy Briefing | Urging the Biden administration to do more for affordable housing; multifamily growth in the suburbs and beyond. Increase the supply of manufactured housing and two- to four-unit properties by expanding financing through Freddie Mac. .

Housing 59

Housing NAHB Metro Finance 59

Pro Builder

OCTOBER 1, 2021

Working to Improve Access to Affordable Housing. NAHB Policy Briefing | Urging the Biden administration to do more for affordable housing; multifamily growth in the suburbs and beyond. The White House plan seeks to: • Leverage existing federal funds to spur action that reduces exclusionary zoning. Fri, 10/01/2021 - 06:00.

Housing 52

Housing NAHB Metro Finance 52

Pro Builder

SEPTEMBER 24, 2021

As the mortgage industry wonders what to do next it will have to pivot from risk models that are focused on credit and operating risk underwritten and priced by insurance companies. That means climate change will send significant pressure down a long financial line. Read More.

Insurance 52

Insurance Risk Modeling Housing 52

Pro Builder

MAY 6, 2021

After Hurricane Sally damaged the roof of one Florida couple’s waterfront home, insurance payouts only covered two-thirds of actual damages. The couple put $100,000 of their own money into repairs although they pay $28,000 annually for their insurance coverage. Housing Markets. Another Florida couple experienced $1.3

Insurance 52

Insurance Florida Risk Zoning 52

Pro Builder

SEPTEMBER 16, 2022

Several regional markets in California, New Jersey, and Illinois are at risk of a downturn as the housing market cools off from a mid-pandemic buying frenzy . The at-risk markets highlighted in the report were nearing a tipping point in measures of home affordability, underwater mortgages, foreclosures, and unemployment.

New Jersey 52

New Jersey Illinois California New York City 52

Green Building Law Update

MAY 24, 2020

a) knows or by the exercise of reasonable care would discover the condition, and should realize that it involves an unreasonable risk of harm to such invitees, and. (b) All of this begs the question if a business owner’s premises liability insurance covers such claims? until there is a COVID-19 vaccine).

Liability 177

Liability Commercial Claims Insurance 177

Best Practices Construction Law

JULY 29, 2015

There are multiple types of insurance coverage for the various risks on a construction project. However, when there are multiple insurance carriers covering the same risk (i.e., However, when there are multiple insurance carriers covering the same risk (i.e., In a recent case, Cincinnati Insurance Co.

Insurance 48

Insurance Liability Claims Electrical 48

Green Building Law Update

NOVEMBER 15, 2020

a) knows or by the exercise of reasonable care would discover the condition, and should realize that it involves an unreasonable risk of harm to such invitees, and. (b) All of this begs the question if a business owner’s premises liability insurance covers such claims? including because some require warning signs).

Liability 293

Liability Legal Claims Insurance 293

Construction Law

DECEMBER 5, 2023

News Our regular news round up of construction law and procurement stories reports on two highly critical reports of government spending plans for schools and hospitals; and record fines being levied on a landlord and property management company for fire risks. Building Safety Act Safe as (qualifying tenants’) houses?

Construction 52

Construction Insurance Claims Procurement 52

Pro Builder

AUGUST 4, 2022

House prices have increased again over the past year, and economists are calculating how much the Fannie & Freddie conforming loan limits (CLL) might increase in 2023 and also how much the Federal Housing Administration (FHA) insured loan limits will go up. Housing Policy + Finance. Housing Markets. Financials.

Finance 52

Finance Housing Insurance Risk 52

Levelset

SEPTEMBER 8, 2022

When it comes to protecting your contracting business from claims and lawsuits, it can be tough to know what type of insurance you should purchase. Liability insurance protects your business against claims for damages caused by you and your workers, if you have any. What are general liability and professional liability insurance?

Liability 52

Liability Insurance Claims Legal 52

Construction Law

MAY 2, 2024

News Our regular news round up includes a survey saying collaboration is on the rise; Network Rail promises a partnering approach in its new framework; and a warning that carbon reduction policy risks legal challenge. Legal terms explained Isabella Salame of Herbert Smith Freehills LLP explains what is meant by non-delegable duties.

Construction 52

Construction Legal Cash Flow Insurance 52

Pro Builder

JULY 12, 2022

Six New Jersey counties are considered "at-risk" as costs of homeownership soar well beyond local household incomes. housing markets most vulnerable to a downturn are located in New Jersey, where a higher percentage of household income is required to maintain homeownership, according to Realtor.com. Housing Markets.

New Jersey 52

New Jersey Chicago Income California 52

Construction Marketing

SEPTEMBER 24, 2015

Insurance is perhaps the most important thing to arrange before starting a construction company. There are many different types of insurance in the United Kingdom. A construction business needs need public liability insurance , and employers’ liability insurance if you employ staff. Business Plan. Legal Documents.

Documentation 120

Documentation Insurance Legal Liability 120

Construction Law Monitor

JANUARY 12, 2012

More and more in my everyday practice I encounter issues with contractor general liability insurance (GL). Next, the most important and most often overlooked aspect is notifying the insurer when trouble starts. If you ever have a lawsuit filed against you put the insurer on notice immediately!

Insurance 64

Insurance Contractors Claims Legal 64

Pro Builder

SEPTEMBER 7, 2021

Redfin CEO Glenn Kelman says buyers are driven by affordability, and with the most affordable metros also being the ones most at-risk for climate change, buyers are “marching into the jaws of destruction.” I think this idea that climate change is going to be factored into how people think about housing, it hasn’t happened yet.

Phoenix 52

Phoenix Insurance Philadelphia Utah 52

Construction Marketing

AUGUST 3, 2016

Tulane University’s Alumni House was built nearly 75 years ago. According to the National Flood Insurance Program , flood damage is significantly more common than fire damage, particularly in high-risk areas. One of the most popular elevation techniques call for houses to be separated from their foundations. Source: FEMA.

Foundation 120

Foundation Insurance Housing Louisiana 120

Construction Marketing

JUNE 13, 2016

Tulane University’s Alumni House was built nearly 75 years ago. According to the National Flood Insurance Program, flood damage is significantly more common than fire damage, particularly in high-risk areas. One of the most popular elevation techniques call for houses to be separated from their foundations. Source: FEMA.

Foundation 120

Foundation Insurance Housing Louisiana 120

Autodesk Construction Cloud

JULY 13, 2023

Recognize that risks are part of the territory Reducing risk starts by recognizing it. Identify your risk areas and strive to limit them through disciplined decision-making, technology, and streamlined project execution. We typically become more accepting of risk. Risk mitigation is very important.

Profitability 98

Profitability Risk Construction Autodesk 98

Pro Builder

SEPTEMBER 7, 2021

Bill McBride, author of the finance and economics blog Calculated Risk, says future return is an important piece of data to factor into affordability. The National Association of Realtors’ recent June housing affordability index shows a decline in affordability. Calculated Risk Affordability Index. Read More. . Affordability.

Income 52

Income New Jersey Housing United States 52

Construction Law

OCTOBER 3, 2023

Building defects Breaking the mould: water ingress building defects and black mould Modern houses can be dangerous places to live, placing increasing stress on efficiently supervising construction. Changing insurers can create problems he warns, as the effects of subsidence can continue over long periods.

Procurement 52

Procurement Construction Insurance Legal 52

Pro Builder

AUGUST 26, 2020

The confluence of two potential clusters of major disasters, at a time when the nation's economy is reeling from a coronavirus-fueled recession, means that the typical resources for recovery, from housing to insurance adjusters to people's personal finances, will be spread thin. Affordable Housing.

Housing 52

Housing Resource Risk Insurance 52

Pro Builder

SEPTEMBER 16, 2021

Eventually, however, a homeowner or bank could end up losing everything if a flood or other disaster destroys the house and makes the property unlivable. Over time, this risk will increase insurance rates and make it harder to get mortgages. “We We anticipate a rapid decline in valuation,” Keenan told CNBC.

Insurance 52

Insurance Miami Equity Renovating 52

Green Building Law Update

SEPTEMBER 4, 2016

FEMA is specifically proposing to amend 44 CFR part 9 “Floodplain Management and Protection of Wetlands” and issue a supplementary policy to implement the Federal Flood Risk Management Standard that was established by Executive Order 13690. chemical storage facilities, hospitals, housing for the elderly, data centers, etc.);

Regulation 195

Regulation Zoning Insurance Maryland 195

Construction Marketing

FEBRUARY 17, 2022

Construction only : This type of loan covers house building costs only and requires for the loan to be repaid in full within a year after the project’s completion or refinanced into a mortgage. How to choose a construction loan lender.

Construction 274

Construction Budgeting Budget Drawings 274

Pro Builder

APRIL 15, 2023

It’s a problem that John Green, managing principal of Blackstar Stability , wants to address with a comprehensive business model that puts at-risk Americans on a path to homeownership and financial stability. The seller still has title to those homes, but the buyer is responsible for the maintenance, insurance, and taxes.

Plans 52

Plans Finance Housing Income 52

Autodesk Construction Cloud

JULY 13, 2023

Recognize that risks are part of the territory Reducing risk starts by recognizing it. Identify your risk areas and strive to limit them through disciplined decision-making, technology, and streamlined project execution. We typically become more accepting of risk. Risk mitigation is very important.

Profitability 52

Profitability Risk Construction Autodesk 52

Pro Builder

AUGUST 4, 2021

We are working to ensure that new regulations designed to improve the nation’s housing resiliency are focused on the highest risk areas and structures, are based on sound scientific data, rely on a clear methodology, and consider financial and administrative impacts—factors that affect housing affordability.

NAHB 98

NAHB Resource Remodeling Housing 98

Constructonomics

SEPTEMBER 9, 2016

The insurance industry believes that the cost could be even higher than that. In fact, the Association of British Insurers (ABI) estimates that the bill for the floods that occurred last winter will be closer to £1.3bn. Increasingly, both residential and commercial clients are seeing the risk of flooding as a serious issue.

Industrial 100

Industrial Construction Insurance Commercial 100

Levelset

APRIL 1, 2022

Materials, insurances, permits, payroll, and other typical costs are relatively simple to account for. Luckily, there are insurance policies that will replace the cost of the stolen goods, such as builders risk insurance. Insurance claims. In some cases, it can be as simple as sending someone to the supply house.

Site 52

Site Cash Flow Insurance Construction 52

Natural Building

JANUARY 30, 2021

Delores Jones and her husband are owners of one of Sea Ranch’s historical sod roofed houses, located on a bluff overlooking the ocean. Their house is bermed into the earth, so that it is below ground level. Also it connects the house to the surrounding meadow and increases a sense of naturalism at the Sea Ranch environment.

Green 52

Green Insurance Environment Housing 52

Constructonomics

MARCH 23, 2010

But how the bill will affect people insured by their employer or who purchase health insurance on their own remains a mystery in my opinion. Your employer doesn’t have much to do with your health, and at least not more than they have to do with your house or you car. So the short answer is, I don’t know.

Industrial 115

Industrial Insurance Employment Construction 115