article thumbnail

In Pursuit of Affordability, Homebuyers Are Heading to Cities With the Biggest Climate Risks

Pro Builder

In Pursuit of Affordability, Homebuyers Are Heading to Cities With the Biggest Climate Risks ldeakins Wed, 06/28/2023 - 11:28 Homebuyers relocating for affordability aren't excluding markets with extreme weather and heightened natural disaster risks from their home searches More than one-quarter (25.4%) of all U.S.

Risk 52
article thumbnail

These Oversupplied Metros Could See Major Price Drops by Late 2024

Pro Builder

Formerly red-hot housing markets such as Seattle, Phoenix, San Francisco, and Austin, Texas, have seen substantial increases in inventory, and as a result, each metro is expected to see a double-digit price correction by late 2024. Read more Housing Markets Market Data + Trends Housing Markets

Metro 95
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Much Is Your Home Building Company Worth?

Pro Builder

Builders in primary markets such as Dallas, Atlanta, Phoenix, Charlotte, N.C., For example, a high-margin builder with just one to two years of land inventory may be worth less than a builder with average margins and six to seven years of supply. Inventory and Pipeline. and Orlando, Fla., will draw the most bidders.

article thumbnail

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

Pro Builder

As waning inventory and surging demand put pressure on overvalued housing markets, prices will continue to fall over the coming year, Fortune reports. Zandi says the extremely "overvalued" housing markets like Boise and Phoenix are at the highest risk of falling home prices over the coming year. Read more.

Housing 52
article thumbnail

Land Demand ‘On Fire’ Across the Country

Pro Builder

While some markets such as Phoenix, Tampa, and Riverside-San Bernardino are seeing the most demand, land demand remains strong across the country. Builders that start many speculative homes are selling the most homes, and non-spec builders are raising prices because they do not have inventory. Read More. . Planning + Development.

article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

CAPCO financing, an alternative to conventional bank financing, can accommodate a slightly higher risk profile and provide a more flexible structure for growing businesses. Inventory is exempt from property tax. Naval Air Facility in Goodyear, now known as Phoenix/Goodyear Airport, was designated as an MRZ.

Income 108
article thumbnail

Top 25 Finalists for Ivory Innovations' Housing Affordability Prize

Pro Builder

Diamond Age | Phoenix, Arizona Diamond Age’s mission is to get first-time homebuyers into their first home faster, using 3D printing and advanced industrial-scale robotics—AKA—building robots bigger than houses to build houses. The construction business has one of the highest project failure rates of any industry.