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Single Family Build-For-Rent Homes Reach All-Time High

Pro Builder

Today, there are 44,700 rental homes in the pipeline—triple the amount of houses completed in 2022. In the highest yearly total to date, 2022 saw a completion of over 14,500 BFR houses. Phoenix, Ariz., For example, Phoenix leads this list as well with 6,000 of its BFR units being built in the last five years. Atlanta, Ga.,

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Despite a Cooler Market at the Start of 2023, Rents Are Still Rising in These U.S. Metros

Pro Builder

While metros such as Salt Lake City, Jacksonville, Fla., On a year-over-year basis, rents are down 1.0% in Las Vegas, and barely up at all in Phoenix (1.1%), Sacramento (2.1%), Baltimore (2.6%), and New Orleans (2.8%). Typical asking rents are at $1,970 nationwide, 6.9% higher than one year ago, but down 0.8% 0.9%), Buffalo, N.Y.

Metro 90
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What Kinds of Deals Can Homebuyers Expect on Black Friday?

Pro Builder

The share of listings with a price cut is highest from the beginning of July to the middle of September due to a seasonal slowdown in home sales toward the end of the year, but buyers could still see big discounts as they regain bargaining power in a housing correction. in September 2022, $11,291 off the original list price. respectively.

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Renting Is Still Cheaper Than Buying in Most Metros, but the Affordability Gap Is Shrinking

Pro Builder

Renters are still saving more than homeowners when it comes to monthly housing costs, but in some metro areas, the gap between rental prices and mortgage payments is shrinking. Phoenix, and Jacksonville, Fla., Renting Is Still Cheaper Than Buying in Most Metros, but the Affordability Gap Is Shrinking. Fri, 01/13/2023 - 09:38.

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Are You Ready for Build to Rent?

Pro Builder

More builders and investors are testing the waters of the single-family build-to-rent sector as consumers seek affordable housing options and to lease rather than buy. announced it was selling five of its communities in Phoenix, a total of 943 homes, to an affiliate of The Inland Real Estate Group of Companies , in Oak Brook, Ill.

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Design Excellence: A Selection of Projects From the 2021 Best in American Living Awards

Pro Builder

Winning projects in NAHB’s 2021 BALA residential design awards present the pinnacle of today’s production housing design. Deryl Patterson, Housing Design Matters (BALA subcommittee and judging vice chair). Two units were sold at a $110,000 discount with 15-year affordable housing deed restrictions through the HouseCharlotte Program. —

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Advanced Manufacturing: Manufacturing Gets Smarter, Faster

Business Facilities

In May, Anheuser-Busch celebrated the opening of its expanded manufacturing facility in Jacksonville. The expanded facility also houses a 10,000-square-foot R&D center. In April 2017, YCDC hired a Development Coordinator who is responsible for Talent Recruitment (workforce strategies) and housing development.