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Austin creates innovative plan to boost affordable housing

BD+C

City leaders in Austin, Texas are backing an innovative policy to increase the amount of affordable housing. The plan relaxes zoning restrictions and provides incentives for higher density construction in affordable and mixed-income developments.

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The Average Homebuyer’s Income Has Increased Considerably in “Pandemic Boomtowns”

Pro Builder

The Average Homebuyer’s Income Has Increased Considerably in “Pandemic Boomtowns”. Remote workers moving to Boise, for example, have raised the average annual income of homebuyers by 24%, to $98,000. According to Redfin, Boise has seen the largest increase of homebuyer income among the 100 most populous U.S. Housing Markets.

Income 52
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Out-of-Towners Pushed the Average Boise Buyer Income 24% Higher During the Pandemic

Pro Builder

Out-of-Towners Pushed the Average Boise Buyer Income 24% Higher During the Pandemic. The typical income of a Boise homebuyer rose 24% throughout the pandemic as locals went toe-to-toe with wealthy out-of-state newcomers for available listings. Housing Markets. Housing Markets. Thu, 08/11/2022 - 09:15. Affordability.

Income 52
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6 guideposts for cities to create equitable transit-oriented developments

BD+C

6 guideposts for cities to create equitable transit-oriented developments Austin, Texas, has developed an ETOD Policy Toolkit Study to make transit-oriented developments more equitable for current and future residents and businesses. For many people, living car-free is not a choice.

Austin 95
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As Rental Costs Rise and Wage Growth Slows, Housing Affordability Worsens

Pro Builder

As Rental Costs Rise and Wage Growth Slows, Housing Affordability Worsens ibush Tue, 01/31/2023 - 15:26 Homebuyers and renters continue to be priced out of an increasingly unaffordable housing market For the past two years, renters across the U.S. an hour and have been among the hottest housing markets in the country in recent years.

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Is Your Local Housing Market Headed Toward a Home Price Correction?

Pro Builder

Is Your Local Housing Market Headed Toward a Home Price Correction? These overpriced regional housing markets are the most likely to see home prices fall in the months ahead. Not only are those high-end housing markets more rate sensitive, but so are their tech sectors. Housing Markets. Housing Markets.

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Is a U.S. Housing Bubble About to Pop?

Pro Builder

Housing Bubble About to Pop? may be in a housing bubble, and some believe that bubble is about to burst. After peaking to new highs this summer, home prices are beginning to fall as elevated mortgage rates whittle away at housing affordability and put a dent in homebuyer demand. Tue, 10/18/2022 - 10:16. Market Data + Trends.

Housing 52