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3 affordable housing projects that serve as social catalysts

BD+C

3 affordable housing projects that serve as social catalysts 0 qpurcell Mon, 09/25/2023 - 12:49 Affordable Housing Trish Donnally, Associate Principal, Perkins Eastman, shares insights from three transformative affordable housing projects. Housing is Fundamental “Housing is absolutely essential to human flourishing.

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As the Housing Market Rebounds, These Cities Are Seeing Home Prices Rise the Fastest

Pro Builder

As the Housing Market Rebounds, These Cities Are Seeing Home Prices Rise the Fastest ldeakins Wed, 06/28/2023 - 11:34 The short-lived days of home price declines are over, and these high-cost metros are proof The S&P CoreLogic Case-Shiller national home price index rose 1.3%

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Real Estate Investors Are Backing Off in These High-Cost Markets

Pro Builder

In pricey markets like Seattle, skyrocketing housing prices are causing a slowdown in renter and buyer activity, and as a result, investment properties account for roughly 1 in 30 mortgages in the metro area, compared to 1 in 20 about a year ago, Realtor.com reports. . Housing Markets. Housing Markets. New-Home Sales.

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Home Prices Shatter Another Record

Pro Builder

Nationally home prices are 41% higher than their last peak during the housing boom in 2006. Phoenix, San Diego, and Seattle reported the strongest price increases of the 20 cities. In San Diego they rose 27.1%, and in Seattle they were up 25.0%. “In The 10-City composite index rose 18.5%, up from the previous month’s 16.6%

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For housing costs, consider all occupancy costs - not just property taxes

BD+C

Interesting op-ed article in Crain's Chicago Business (April 23, 2018) by Andrea Zopp, CEO, World Business Chicago, pointing out the differences in annual occupancy costs per square foot (annual mortgage payment + property tax) in U.S. Leading the way: San Francisco, at $60.21

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How Single-Occupant Households Are Exacerbating a Rental Affordability Crisis

Pro Builder

Between 2021 and 2022, rents rose 17% in Chicago, 13% in Seattle, and 10% in Washington, D.C., Recent college grads decided to move out of their parents' houses, roommates ditched their cramped quarters for places of their own, and couples broke up and got separate places. Insider reports.

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How Single-Occupant Households Are Exacerbating a Rental Affordability Crisis

Pro Builder

Between 2021 and 2022, rents rose 17% in Chicago, 13% in Seattle, and 10% in Washington, DC, Insider reports. Recent college grads decided to move out of their parents' houses, roommates ditched their cramped quarters for places of their own, and couples broke up and got separate places.

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