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Affordable housing inventory is limited due to foreclosure prevention efforts

Housing Wire

Once the transfer of ownership occurs at foreclosure auction, a distressed property can be renovated and returned to the retail market as affordable housing for homeowners or renters. “[I My renovated homes are] reducing the number of rental properties , which in our town has become a source of demise.”

Inventory 377
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Auctions see high owner-occupancy rates for foreclosed homes

Housing Wire

Among nearly 135,000 properties foreclosed between 2016 and 2020 that sold to third-party buyers at foreclosure auction on the Auction.com platform, more than half (54%) are owner-occupied as of 2022, according to public record county tax assessor data from ATTOM Data Solutions. The role of renovators. Net owner-occupancy rates.

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Opinion: Pass the Neighborhood Homes Investment Act

Housing Wire

The Neighborhood Homes Investment Act (Neighborhood Homes) would begin addressing these challenges by developing or renovating 125,000 affordable homes in economically distressed communities. This cost gap all-too-often prevents the renovation of affordable houses that need a great deal of work.

Investing 412
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Real estate unicorn Roofstock cuts its workforce by 20%

Housing Wire

If anyone knows of anywhere that could be a good fit with my 20+years in maintenance/renovation leadership in multi-family, single family, or senior living, please pass my name along. Looking for remote positions where I can leverage my relationship management, customer support, and business development skills. Thanks in advance.”.

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8 Sustainability Trends Driving Commercial Real Estate for Earth Day

The Robert Weiler Company

Commercial real estate developers are ensuring that the goal of Earth Day is being met, as evidenced by widespread initiatives in green design and sustainable building. To be clear, some of these developments have been gaining momentum for decades. trillion in 2016 to $30.6 savings over five years. and retrofits at 17%.

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Houston Lofts For Sale

Houston Properties

Energized and bustling, Downtown Houston has a diverse mix of business, residential development, and entertainment complexes. The heart of Houston has it all From a new baseball stadium to renovated theaters. – 2016: #1 Individual Agent, Keller Williams, Texas. – 2016: #1 Individual Agent, Keller Williams, Houston.

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Royden Oaks Houston Neighborhood Maps

Houston Properties

Similar to Houston’s most affluent neighborhoods, developers renovated many of Royden Oaks homes and replaced them with newer and larger properties. – 2016: #1 Individual Agent, Keller Williams, Texas. – 2016: #1 Individual Agent, Keller Williams, Houston. – 2016: Texas’ Most Influential Realtors.