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How do you put a price on the wildfire damage in LA?

Housing Wire

Should a large number of additional structures be burned in the coming days, it may become the worst wildfire in modern California history based on the number of structures burned and economic loss. This is already one of the worst wildfires in California history, Jonathan Porter, AccuWeathers chief meteorologist, said in a statement.

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Opinion: Restoring the American Dream: How 40- and 50-year mortgages could reignite homeownership

Housing Wire

Today, escalating real estate costs—particularly in high-cost areas—are pricing millions of Americans out of the housing market. This could provide the financial flexibility needed to make homeownership achievable for those priced out of the current market. In the 1970s, home prices aligned more closely with income levels.

Mortgage 488
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The secondary market is primed to rise in 2022

Housing Wire

Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the predictions for next year, along with a roundtable discussion on how these insights apply to your business. The event is exclusively for HW+ members, and you can go here to register. nance reform.

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Builders apply the brakes amid canceled contracts

Housing Wire

The best way to fight inflation is to add more supply, and when I look at the housing completion data for the past two years, it just makes me want to puke. In previous expansions, builders’ housing completion data would move in line with housing starts and permits.

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Affordable housing inventory is limited due to foreclosure prevention efforts

Housing Wire

This provides modern-feel homes to mostly newer homeowners. But despite Bymel’s dire language, opening the floodgates would likely not result in a catastrophic flood of foreclosures that would drag down the overall housing market. This also raises the properties and neighborhoods values.

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Revolutionizing Appraisals: The Role of Blockchain Technology

Appraisal Buzz

From supply chain management to voting systems and healthcare, the applications are vast. This global adoption underscores the universal appeal and potential of blockchain in revolutionizing appraisals. The Future Outlook: Beyond Appraisals While the focus has been on appraisals, blockchain’s potential extends far beyond.

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Can 3-D printed homes help solve the housing crisis?

Housing Wire

To Ballard, 3D printing technology is evolving to solve a crisis in modern day America and the world: The failure to meet people’s demand for housing. The future will mean housing is abundant, affordable, beautiful, diverse, and exciting,” Ballard said. But there has not been a related rise in actual, completed homes.