article thumbnail

US housing market is short 5.5 million homes, NAR says

Housing Wire

According to the lobbying group, construction of long-term housing fell 5.5 The NAR is calling for a “major national commitment” to build more housing of all types by expanding resources, addressing barriers to new development and making new housing construction an integral part of a national infrastructure strategy.

article thumbnail

Eleven Types of Risk in Commercial Real Estate

Property Metrics

Every investment involves a certain amount of risk. In this article, we’ll look at eleven types of risk in commercial real estate investment. . In the United States, the inflation rate has been around 2% per year since the year 2000. Rising interest rates also impact the net present value of investment cash flows.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Crumbling Foundations: Understanding Pyrrhotite-Infected Concrete and Its Impact on Homeowners

Lamacchia Realty

This is understandably alarming to homeowners whose properties fit these criteria, fearing for the safety of their families and their investments. These batches were used in thousands of foundations for new construction homes. For home sellers, the discovery of a pyrrhotite-infected foundation can be devastating.

Sellers 62
article thumbnail

Streamlining subsidies to build more affordable housing

Housing Wire

Unfortunately, the rising cost of construction forces developers to find more funding sources to complete these projects. The debt load is determined by the rate of return-on-investment. LITHC projects built between 2000-2018 needed to layer an average of 3.5 Layering complexities lead to increasing costs.

article thumbnail

Investor Financing Heats Up

Patch of Land

Housing analysts have recently expressed caution about the residential real estate investment market due to rising home prices and competition. Atlantic City is an interesting city to observe what is happening in terms of residential real estate investment. The return on investment also dipped in the first quarter.

Finance 31
article thumbnail

HW+ Member Spotlight: Nicollette Chapman

Housing Wire

It was 2000, and the real estate market was fairly uneventful – rates were around 8% and house prices were affordably flat. With resale inventory shockingly low, 1 out of 3 single family homes for sale is new construction. HousingWire : What has been one of the biggest learning opportunities in your career?

article thumbnail

HUD Secretary Marcia Fudge announces resignation

Housing Wire

And there are more housing units under construction right now than at any time in the last 50 years. In the interview with USA Today, Fudge cited a need for more resources to be invested into HUD projects, including “building more affordable housing and repairing aging public housing developments,” the story said.

Law 484