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Don’t let COVID crisis mask affordable housing opportunity

Housing Wire

Every year since 2007, the rate of household formations outstripped the number of housing completions, despite relative strength in both the overall housing market and U.S. Finally, we need to renovate our existing housing stock. Regrettably, that gap has only widened since the global financial crisis.

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Opinion: Who decides what American neighborhoods look like?

Housing Wire

Concepts like getting a mortgage, taking out a line of credit, buying and selling a property and becoming a landlord are rarely part of classroom discussions or dinner-table conversations, unless your family happens to be in real estate. Whether you’re renovating homes or selling skyscrapers, real estate requires networking and patience.

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Should You Buy a Home or Keep Renting? How To Decide in 7 Steps

Realtor

How important is the freedom to renovate? If you’ve got the itch to tear down walls, try your hand at tiling, or experiment with a bold new wallpaper, you’re better off buying than renting (unless you have a very open-minded landlord). Owning a home gives you the freedom to renovate and decorate to your heart’s content.

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Inflation's Impact on the Housing Market

Eppraisal

However, inflation takes a toll on the price of renovations, a variable that will very well influence the bottom line. At the same time, as property values jump, landlords can raise their rents since the cost of maintenance will go up with inflation. Not to be forgotten are property taxes, which will also rise in tandem with values.

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DataDigest: Will work for housing

Housing Wire

As a result, districts across the country, including in Colorado , have decided to partner with – or even become – homebuilders and landlords. Housing teachers Aspen is famous for ski slopes and luxury housing. million over that period to acquire 52 units and renovate several of its 50 existing units.

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Biden to call for first-time homebuyer tax credit, construction of 2 million homes

Housing Wire

The White House announced that President Joe Biden will call on lawmakers in the House of Representatives and the Senate to address a series of housing issues in his State of the Union address, which will be delivered to a joint session of Congress and televised nationally on Thursday night.

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Should You Buy a Home or Keep Renting? How To Decide in 7 Steps

Realtor

How important is the freedom to renovate? If you’ve got the itch to tear down walls, try your hand at tiling, or experiment with a bold new wallpaper, you’re better off buying than renting (unless you have a very open-minded landlord). Owning a home gives you the freedom to renovate and decorate to your heart’s content.