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Spike in lumber prices boosts construction costs

Housing Wire

In 2017, Trump imposed tariffs on Canadian lumber imports as part of his “America First” economic policy aimed at reducing trade deficits. The post Spike in lumber prices boosts construction costs appeared first on HousingWire. Subsequent tariff hikes were aimed at goods coming from China, South Korea, and other countries.

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Houston must return $45M in unused affordable housing funds

Housing Wire

Despite recent data indicating a poor affordable housing situation in Texas , the city of Houston must return $45 million in unused affordable housing funds to the state after failing to use them for construction of new homes. Instead, the city failed to begin construction on the homes in a timely manner.

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Homes in Boise, Idaho are “flying off the market”

Housing Wire

1 midsized housing market to watch in 2020 , according to Zillow, because of its draw for young professionals, families, and retirees alike. The demand is clear — the Boise housing market has just 0.3 months worth of supply, according to Keller Williams Realty Boise , and homes typically stay on the market for just five days.

Marketing 531
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ADUs are gaining popularity on the West Coast

Housing Wire

In the Seattle area, there was a 250% ADU construction increase in 2022 compared to 2019. In Seattle, a report designed for City Council outlines that during 2022, permitted ADU construction increased to 988 total units — a sharp rise from the 280 ADU construction permits issued in 2019.

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Texas startups build 3D-printed homes to boost inventory, battle climate change

Housing Wire

housing market continue to present challenges for the entire housing system: chronic inventory shortages and an alarming number of destructive natural disasters stemming from climate change. In 2017, the very first 3D-printed home was built in Yaroslavl, Russia. Advanced robotic construction is the most promising path forward.”

Inventory 402
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Local housing markets: Othello, Osage Beach and Vienna

Housing Wire

Local housing markets is a HousingWire magazine feature spotlighting housing trends and data across the country. I absolutely love the Columbia Basin and the reason is that we are a unique market. “I I absolutely love the Columbia Basin and the reason is that we are a unique market. A score of 30 denotes a balanced market.

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A closer look at housing markets across the country

Housing Wire

Local markets spotlights 5 different areas across the country, showcasing what is uniquely happening in those housing markets. Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. San Diego, California. Springfield, Missouri. national unemployment rate.