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Record Number of Renters Struggle With Affordability

Appraisal Buzz

This trend represents a sharp rise from 2001, when 41% of renters were cost-burdened. million since 2001. In 2023, 70% of renters earning between $30,000 and $44,999 were burdened, up 15 percentage points from 2001. percentage points since 2001. percentage point increase from pre-pandemic levels.

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Japanese luxury-home developer plans U.S. IPO

Housing Wire

a developer of luxury single-family homes and condominiums, which also has residential leasing operations in Dallas, is looking to raise up to $30 million via the U.S. IPO to continue developing its business operations in Japan, to expand a startup online listing network and for general corporate purposes. stock market. stock exchange.

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Here’s why we won’t build millions of new homes

Housing Wire

When it comes down to it, the supply and demand model works and new home sales currently today are still below levels we saw during the tech recession in 2001. A lower Fed funds rate can assist with land purchases and apartment construction, but that process would take considerable time before we see any development.

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Employment gains could help housing inventory

Housing Wire

Sectors that were hit hardest by the pandemic led job growth last month, with jumps in leisure, hospitality, public and private education and construction – good signs for the housing industry. Despite increased rate of tech adoption, the mortgage industry still has room for continued development and processes. Labor Department.

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iHomefinder taps SaaS veteran Womack to lead sales team

Housing Wire

Womack has worked for and led a diverse portfolio of companies, including a tile and stone product manufacturer, a heavy equipment and construction truck producer, and electric vehicle company Arcimoto. iHomefinder was established in 2001 by Brett DeSchepper and is based in Berkeley, California.

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A look behind this year’s Tech100 winners

Housing Wire

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

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Useful Solutions for SFR Market Concerns

Appraisal Buzz

Brooks remains a leader in a male-dominated industry, and has become a role model for other women looking to advance in the construction space. Between 2001-2007, Beasley was CFO of ZipRealty, where he led the innovative, internet-based residential brokerage through its IPO before eventually being named its President.

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