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Biden makes case for housing proposals in Las Vegas speech

Housing Wire

For example, here in Clark County, nearly 1,000 brand-new affordable units for seniors are under construction today as a result — 8,000 homes total for families, seniors and veterans. […] But we have a lot more to do.” I’m calling on Realtors to follow through on lower commissions to protect homebuyers.” A record 1.7

Realtors 397
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Financing proves an obstacle for ADUs

Housing Wire

Specifically, there is a high cost in constructing accessory dwelling units – or ADUs – which are secondary residences on a land parcel zoned for single-family housing. housing shortage that the National Association of Realtors pegged at 5.5 Turnover is a huge expense for landlords and property managers across the world.

Finance 369
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Shelter costs rose again in August, but there’s an asterisk

Housing Wire

Additionally, apartment construction is strong , which puts an additional pressure on landlords to avoid vacancy. Lawrence Yun, the chief economist at the National Association of Realtors , said the monthly rent inflation gain was the slowest in two years at 0.29%, or a 3.5% a year earlier. annualized rate.

Landlords 336
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Opinion: Why agents are more essential than ever

Housing Wire

The median price for an existing single-family home was $410,200 in June 2023, according to the National Association of Realtors (NAR). facilitating new construction might be the best answer to the pressures in the rental segment and the affordability issues in this country. Affordability is a real issue in the United States.

Agents 393
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Single-family rental market slammed by headwinds

Housing Wire

Those deals involve investment properties owned by individuals or small “mom and pop” landlords and do not include securitizations undertaken by large institutional owners of investment properties — the so-called Wall Street investors. That includes rentals owned by so-called mom-and-pop landlords — with 10 or fewer properties.

Marketing 401
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Solving the Housing Shortage

DataMaster

The number of constructed homes dropped below the million mark in 2008 for the first time since 1992. Jump forward to June 2021, and according to the National Association of Realtors , the shortage increased to 5.5 Clearly, construction is not keeping up. the rate of construction has decreased over the last couple of decades!

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Fla. Unlikely to Feel Impact from Slowing Market

Empire Appraisal Group

s rising demand and lack of construction will probably offset a potential cooldown. There are a lot of people being forced to reduce the size of their housing because of the higher prices,” said United Realty Group Realtor Tonsela Watts. “If Unlikely to Feel Impact from Slowing Market | Florida Realtors. markets, but Fla.’s