Beneficial ownership reporting deadline reinstated for businesses
National Association of Home Builders
The deadline for beneficial ownership reporting has been reinstated, requiring businesses to comply with federal transparency regulations. This rule mandates that companies disclose their ownership structures to prevent fraud and enhance financial oversight, impacting small businesses and corporations alike. Read More
Mortgage payments require families to spend 38% of their income
National Association of Home Builders
A family making the national median income of $97,800 in the fourth quarter of 2024 required 38% of their income to cover the mortgage payment on a median-priced new home, according to the National Association of Home Builders/Wells Fargo Cost of Housing Index, which is a stark reminder of the housing affordability issues that Americans face. Read More
Improving construction efficiency with a single source of truth
National Association of Home Builders
Builders are turning to integrated data management systems to streamline operations and reduce costly errors. A single source of truth ensures all project stakeholders have access to accurate, real-time information, improving collaboration and efficiency. As the construction industry faces labor shortages and rising costs, digital solutions are becoming essential for success. Read More
|