2019 Buyers Construction Development 
Housing Wire
MAY 31, 2023
In the fourth quarter of 2019, the median renter could afford 69% of the homes for sale in Salt Lake City. According to data from Altos Research , the median home price listed in Salt Lake City last week climbed to $785,000, up from about $540,000 in the fourth quarter of 2019. Now, the median renter can only afford 4% of homes.”
Housing Wire
MAY 25, 2021
Census Bureau and the Department of Housing and Urban Development. In order to account for uncertain prices and availability of materials, homebuilders are holding off on making homes available until they are further along in the construction process. lower than the revised March rate, according to a joint analysis from the U.S.
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Housing Wire
NOVEMBER 3, 2023
With the scrutiny of The Department of Justice and the Federal Trade Commission and multiple lawsuits concerning how buyers’ brokers get paid, many brokers say it feels like an all-out war on the real estate industry. billion in commissions they paid to buyers’ agents in the past eight years.
Housing Wire
JUNE 22, 2021
. “Lack of inventory continues to be the overwhelming factor holding back home sales, but falling affordability is simply squeezing some first-time buyers out of the market,” said Lawrence Yun, NAR’s chief economist. The market’s outlook, however, is encouraging. Total housing inventory at the end of May grew to 1.23
Housing Wire
MARCH 1, 2022
million investment in eOriginal, a multi-year Tech100 winner that developed a ‘simple closing experience for lenders, borrowers and settlement agents.’ Sourcepoint has developed CoBot , a “digital employee”, that fulfills tedious, manual tasks and enables human staff to focus on work that requires judgment. In 2016 LLR led a $26.5
Housing Wire
AUGUST 16, 2023
In certain parts of the Phoenix AMA that do not have a designated water provider, builders and developers need a certificate of AWS to obtain a building permit. Kamps added that he anticipates the prices of the 80,000 lots that already have AWS will also increase if developers chose to sell them, since there currently is a finite supply.
Will Springer Realtor
DECEMBER 11, 2022
The world of construction appears to be one of the only commodity-based industries yet to become truly efficient in the production of homes, office space and specialty structures. Robert Gordon, a noted Northwestern University economist, estimates the construction industry recorded negative productivity growth around the turn of this century.
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