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Boston suburb works to comply with new state multifamily construction law

Housing Wire

The town of Newton, Massachusetts is working to comply with a new state law that requires the construction of new multifamily housing units in areas served by public transit, according to reporting from the Boston Globe. Some apartments have been constructed in recent years, but the construction level has been low.

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White House details wide-ranging priorities designed to boost housing supply

Housing Wire

Such initiatives include changing certain zoning laws, financing more affordable and energy-efficient housing units and funding research on the topic of commercial-to-residential conversions. Department of Transportation , aimed more squarely at existing zoning law. In this week’s series of initial announcements, the U.S.

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Eleven Types of Risk in Commercial Real Estate

Property Metrics

Legislative or regulatory risk refers to any change in regulations or law that can impact real estate owners or tenants. Even if changes to laws and regulations do not directly impact real estate, they may indirectly impact property investment through financing or business cash flows. Construction Risk. Location Risk.

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New Homes vs. Old Homes: Which Is Right For You?

PennyMac

And when it comes to choosing whether to purchase an existing home or opt for new construction, there's a lot more to factor in than the curb appeal or how it would look dressed up in Christmas lights. The Pros of Buying a Newly Constructed Home. The Cons of Newly Constructed Homes. Lasting construction. Let's explore.

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Can You Get a Mortgage for a Tiny Home?

Assurance Financial

Tiny houses on wheels (THOW) operate like a trailer and allow easy transportation and setup almost anywhere with the right access points. THOWs also come with many additional financial considerations, like parking fees, water bills, electricity costs and transportation costs. Construction Loans.

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What Impact Will the Infrastructure Bill Have on the Housing Crisis?

Appraisal Buzz

A significant indirect influence comes with the infrastructure bill signed into law in November 2021. Construction has failed to keep up with the demand of households, especially with the increase during the COVID-19 pandemic. The good news is that a recently passed law may indirectly change the real estate market for the better.

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The Proposed NYC "Pied-A-Terre Tax" Looks Catastrophic to NYC Real Estate

Miller Samuel

This proposed NYC "pied-a-terre" tax law has a name that infers it concerns " pied-a-terres " when in fact that property type is but one part of the property types that are impacted. which seems in direct conflict with state law since co-ops and condos are valued as rentals by state law in NYC. click to expand].