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Housing costs continue to burden American families: NAHB

Housing Wire

This calculation includes median home prices , assuming a 10% down payment, as well as taxes, homeowners insurance and private mortgage insurance. The NAHB/Wells Fargo CHI, a quarterly analysis of housing costs at both the national and metropolitan levels, measures the share of income needed to make a typical mortgage payment.

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Opinion: Solutions to restore housing as an economic growth engine

Housing Wire

As a driver of the economy, housing should be bolstered by: Non-bank lending institutions to lend in lower-income areas and to minorities in the same way that CRA provides for banks Reducing government-insured and guaranteed mortgage loan fees. Increasing the supply of legal immigrant construction workers would accelerate economic growth.

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A Log Home Valuation

Appraisal Buzz

The American Institute of Architects has estimated that 9% of “Custom Built” homes being constructed in the United States are of log home construction. Log Homes have an average construction cost of $450,000 per unit, which means that the Log Home Industry is a multi-billion dollar a year industry.

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[National Safety Month] Improve Workplace Safety with Technology

GoForrmz

nearly 20% of all work-related fatalities happen on construction sites. Given the extreme conditions, heavy machinery, noise, and obstacles on any construction site, it’s a perfect industry to implement wearable monitoring systems. “ Though the construction industry only accounts for 6% of hires in the U.S., In the U.S.,

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Is the title industry on verge of the “Great Redeployment”?

Housing Wire

The title insurance industry is built on service. When we look to other industries, benefits like flexible work-from-home options, adequate paid time off, flexible benefits and the option for additional education and career training are all becoming more prominent in employee compensation packages. We will soon find out.

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New Year, New You: Transforming Your Appraisal Career in 2023

McKissock

Aside from that, there are also private mortgage insurance (PMI) providers, like Radian, MGIC, or Genworth that may have open appraisal-related jobs. Providing you have some supervisory appraiser or training experience and good management skills, you may be able to find appraisal training opportunities.

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Biden should make access to mortgage credit a top priority

Housing Wire

Lenders like my firm are committed to outreach to find and make loans to minorities, including training our loan originators to be responsive to the needs of underserved borrowers. Presented by: Fannie Mae. What can we do about this? FHA should also focus on access and availability.

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