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What the Future Holds for Single-Family Rentals

Pro Builder

Rising interest rates are not helping. With inflation hitting a record high not witnessed since the 1980s, the Federal Reserve has initiated what will be a series of rate hikes; the 0.75 Projections anticipate the Fed will raise rates to at least 3% this year. As Homeownership Rate Wanes, Desire to Rent Rises.

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Does Your Market Make the List of Best Cities for First-Time Buyers?

Pro Builder

According to the National Association of Realtors, the share of first-time buyers today has decreased about 10% during the last decade. Its best ranking is for the employment category, with the 23rd-lowest March 2021 unemployment rate (4.5%) and the 32nd-highest five-year change in median household income (34.42%). cbroderick.

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The Right Immigration Reform Means More Affordable Homes

Pro Builder

million homes, which—as a matter of supply and demand—forces rents and home prices higher across most markets nationwide. At least 90% of single-family builders responding to survey by the National Association of Home Builders (NAHB) reported a shortage of carpenters, and 80% to 85% reported a shortage of subcontractors in six other trades.

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John Green’s Plan to Eliminate Predatory Lending Practices

Pro Builder

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. In many of those cases, buyers have the obligations of homeownership but not the actual benefits of it.

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Builder of the Year Ivory Homes' Innovation Agenda

Pro Builder

The success of that strategy, as well as a sincere and long-standing commitment to industry innovation, community service, the environment, and collaboration with local government—the upshot of which is a 90% customer satisfaction rating and $620.3 The Pines at Midvale are multifamily units that look like single-family homes.

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2020 Builder of the Year: True Homes—a Culture Like No Other

Pro Builder

And the proof of that statement, and others like it, is evident everywhere you look. The program describes expressions of leadership across 15 categories that associates should expect from their managers, which are either “right track” (in line) or “side track” (out of bounds) with True’s value-based culture. But they’re not. .

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True to Itself: True Homes' Purpose-Driven Company Culture Is Like No Other

Pro Builder

And the proof of that statement, and others like it, is evident everywhere you look. The program describes expressions of leadership across 15 categories that associates should expect from their managers, which are either “right track” (in line) or “side track” (out of bounds) with True’s value-based culture. But they’re not. .