DFW builder: Demand for affordable homes ‘much more affected’ by interest rate hikes
DFW builder: Demand for affordable homes ‘much more affected’ by interest rate hikes
With new residential communities opening this month in Prosper and Fate, plus projects in progress in Forney, Lavon and other North Texas homebuilding hotspots, Dallas-based UnionMain Homes is bulking up in the highly competitive North Texas market. They’re doing so at a time when some builders are tapping the brakes because of continuing high materials costs and supply chain problems, rising interest rates and other factors.
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With new residential communities opening this month in Prosper and Fate, plus projects in progress in Forney, Lavon and other North Texas homebuilding hotspots, Dallas-based UnionMain Homes is bulking up in the highly competitive North Texas market. They’re doing so at a time when some builders are tapping the brakes because of continuing high materials costs and supply chain problems, rising interest rates and other factors.
With new residential communities opening this month in Prosper and Fate, plus projects in progress in Forney, Lavon and other North Texas homebuilding hotspots, Dallas-based UnionMain Homes is bulking up in the highly competitive North Texas market. They’re doing so at a time when some builders are tapping the brakes because of continuing high materials costs and supply chain problems, rising interest rates and other factors.
If you’re not in the affordable housing space today, you might be soon. With rent control legislation gaining traction and rent increases still outpacing buying power, it’s time for all multifamily property owners to recognize the growing significance of affordable housing. Increased demand may soon reshape the real estate industry, based on these facts and … Continued
The post How to prepare for increased affordable housing demand appeared first on MRI Software.
If you’re not in the affordable housing space today, you might be soon. With rent control legislation gaining traction and rent increases still outpacing buying power, it’s time for all multifamily property owners to recognize the growing significance of affordable housing. Increased demand may soon reshape the real estate industry, based on these facts and … Continued
The post How to prepare for increased affordable housing demand appeared first on MRI Software.
Mortgage demand continues to weaken, still right around a 22-year low, but there was a sign in the weekly numbers that first-time buyers may be slowly returning. Mortgage applications to purchase a home fell 1% last week compared with the previous week, according to the Mortgage Bankers Association's seasonally adjusted index. Volume was 21% lower than the same week one year ago. There was, however, a jump in demand for loans offering lower down payments. "Last week's purchase results varied, wi...
Mortgage demand continues to weaken, still right around a 22-year low, but there was a sign in the weekly numbers that first-time buyers may be slowly returning. Mortgage applications to purchase a home fell 1% last week compared with the previous week, according to the Mortgage Bankers Association's seasonally adjusted index. Volume was 21% lower than the same week one year ago. There was, however, a jump in demand for loans offering lower down payments. "Last week's purchase results varied, wi...
Rising mortgage rates tempered demand for homes in metro Atlanta last month. They did not stop the intense bidding wars that are ending with many homes selling for above list price.
Rising mortgage rates tempered demand for homes in metro Atlanta last month. They did not stop the intense bidding wars that are ending with many homes selling for above list price.
There were plenty of incredible sights in Glasgow during COP26. But if you happened to be passing by the Kingston motorway bridge, you’d have seen one of the best innovations from the world of construction. Sitting on the grounds of a former petrol station was the COP house – a wooden cottage modelling a much […]
The post Retrofitting Europe’s Homes: How Digital Construction can Support Greener, Affordable Housing appeared first on Digital Builder.
There were plenty of incredible sights in Glasgow during COP26. But if you happened to be passing by the Kingston motorway bridge, you’d have seen one of the best innovations from the world of construction. Sitting on the grounds of a former petrol station was the COP house – a wooden cottage modelling a much […]
The post Retrofitting Europe’s Homes: How Digital Construction can Support Greener, Affordable Housing appeared first on Digital Builder.
Too much of a good thing? The most affluent communities within Dallas —Highland Park, University Park, and Preston Hollow — could be overwhelmed with home buyers looking for a relative bargain if a national recession hits, a top luxury real estate agent worries.
Too much of a good thing? The most affluent communities within Dallas —Highland Park, University Park, and Preston Hollow — could be overwhelmed with home buyers looking for a relative bargain if a national recession hits, a top luxury real estate agent worries.
Fast-rising mortgage rates are cutting demand for home loans drastically.
Fast-rising mortgage rates are cutting demand for home loans drastically.
Despite important gains made in recent years, women are still underrepresented as leaders in the workplace. That is especially true in construction, and that’s a huge lost opportunity. Companies where women fill leadership roles consistently outperform businesses with fewer C-suite roles filled by females. Empowering women in our workplaces isn’t just beneficial, it’s necessary for the future success of the construction industry. Bringing women into the workforce is easy. Supporting them a...
Despite important gains made in recent years, women are still underrepresented as leaders in the workplace. That is especially true in construction, and that’s a huge lost opportunity. Companies where women fill leadership roles consistently outperform businesses with fewer C-suite roles filled by females. Empowering women in our workplaces isn’t just beneficial, it’s necessary for the future success of the construction industry. Bringing women into the workforce is easy. Supporting them a...
Affordable housing developers and operators play a critical role in rejuvenating neighborhoods in NYC. With that investment has come a double-bottom line approach taken by developers, meaning success is not only measured in financial returns but also by positive impacts made in communities
Affordable housing developers and operators play a critical role in rejuvenating neighborhoods in NYC. With that investment has come a double-bottom line approach taken by developers, meaning success is not only measured in financial returns but also by positive impacts made in communities
Dallas-Fort Worth home prices for both resale and new construction are up 20% or more, depending on the study you’re looking at, and apartment rents are soaring at a similar pace. Don’t expect that to change anytime soon, says David Auerbach, the Dallas-based managing director Armada ETF Advisors, an exchange-traded fund that invests in publicly traded real estate investment trusts.
Dallas-Fort Worth home prices for both resale and new construction are up 20% or more, depending on the study you’re looking at, and apartment rents are soaring at a similar pace. Don’t expect that to change anytime soon, says David Auerbach, the Dallas-based managing director Armada ETF Advisors, an exchange-traded fund that invests in publicly traded real estate investment trusts.