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Opinion: How did homeowners get into home equity prison?

Housing Wire

of outstanding debt was in some stage of delinquency, up by 0.1 They can also move to areas that are less established and currently being developed, which means new construction and lower prices for those that purchase in the early phases. As of December 31, 2023, 3.1% percentage point from the third quarter.

Equity 429
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Modular homebuilding startup Veev on the verge of bankruptcy

Housing Wire

There are talks about a “leading company” potentially acquiring California -based Veev, but the negotiations remain in the very early stages, according to Calcalist. Veev said at the time that the funding would be used to scale its operations, accelerate its research and development, and expand construction into new markets.

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What Causes Pre-Construction Condo Cancellations?

Toronto Realty Blog

I see the failed 2007 development called “Giraffe Condos.” ” This project wasn’t economically viable because the city of Toronto wanted 10-storeys but the developer wanted 27-storeys. Some are anti-development and others are all for it. Some planners are more lenient than others.

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Why an Economic Downturn Represents the Best Time to Invest in Real Estate

The Close

Motivated Sellers The motivated seller category is the submarket where you will find homeowners who are facing financial distresses like bankruptcy, foreclosure, and job loss or relocation. New Construction Supply Cannot Keep Up The simple, logical solution to solving the supply issue is to build more affordable homes.

Investor 116
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What Happens to Homeowners if the Housing Market Crashes?

Marco Santarelli

Instead, they will lose their homes to foreclosure and often file for bankruptcy in the process. This rush of money and credit met with government programs to encourage homeownership and financial market developments that improved real estate asset liquidity. percent of all mortgaged homes, were in some stage of foreclosure, up from 1.5

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5 of the Best 55+ Communities in Texas

HomeLight

55+ communities are intentionally planned housing developments for those of retirement and pre-retirement age. Patrons commented that the development isn’t “cookie cutter,” is set in a beautiful setting, and has an “incredible” clubhouse. For some developments, this may not be a problem, but it’s important to find out.

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Looking Back on 2021

GeekEstate

However, bankruptcy filings showing $1.29 And, of the glacial movement on ground up development projects that are years in the making. Leaving employees out to dry, as well as abandoning hundred-plus million dollar construction projects midway through, will hurt future companies following in its path. REFLECTIONS FOR 2021.