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Opinion: Pass the Neighborhood Homes Investment Act

Housing Wire

Neighborhood Homes creates a tax credit that covers the gap between the cost of construction and a home’s sale price. It is targeted to census tracts with lower home prices and income levels. This interactive map shows where Neighborhood Homes could be used. It found that median sale prices grew an additional 11.5%

Investing 436
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Will Home Values Hold?

Eppraisal

Those preparing to reap that return have reason to be glad these days -- home values averaged $676,000 nationwide in June of 2021. Certain realities should be considered when setting expectations for the long-term values of residences. This development results in a lowering of overall demand and forcing home values down.