The Garden State Takes a New Approach to Expanding Affordable Housing
Recent legislation in New Jersey could provide inspiration for eliminating affordable housing hurdles in other places with strong housing markets
Will NAR's Landmark Commissions Settlement Lower Housing Costs?
The $418 million deal changes long-standing rules—written and unwritten—that consumers claim inflated sales commissions for home sellers, including new-home builders
Biden's Proposed Fixes for Housing Affordability
In his State of the Union address, President Biden proposed several actions to improve housing affordability and supply
Biden Administration Extends Federal Housing Financing Program
Funds from the program are used to develop or rehabilitate affordable rental homes, helping boost US housing supply
Why It's Harder for Young Adults to Move Out of Their Parental Homes in Some States
Data show that in some US markets more than others, young adults aged 25 to 34 are continuing to live in their parental homes. One key reason: affordability
Housing Values Continue to Rise, Housing Market Gained $2.4T in Value Over Last Year
The total value of U.S. homes sees biggest gain in almost a year, with affordable East Coast and Midwest metros seeing gains of more than 10%
Affordability
$28M Awarded for Affordable Housing in Five US States
The Federal Home Loan Bank of Dallas' annual subsidy funds new affordable housing and upgrades to existing affordable housing stock
Community Development
Two New Affordable Housing Developments to Be Built in South Florida
The projects will provide affordable housing for in-need areas of South Florida while helping to revitalize and stabilize their local communities
Market Data + Trends
2023 vs. 2022 Changes in Homebuyer Purchasing Power and Living Space
More than half of US urban hubs saw housing attainability plummet, with homebuyers in 61 large cities now able to afford less living space than they did a year ago
Construction
Life-Saving Help for Opioid Overdoses on Jobsites
NAHB Housing Policy Briefing: A powerful tool that saves lives from opioid overdoses on construction sites; housing affordability index data for Q3 2023
Affordability
Virginia Habitat Affiliate Completes Two More 3D-Printed Homes
Habitat for Humanity Peninsula and Greater Williamsburg partnered with Alquist 3D to build two 3D-printed homes in Virginia
Community Development
Construction Starts on Affordable Housing Project in Brooklyn, NY
Clarkson Estates in Flatbush, Brooklyn, will provide 328 affordable apartments, including 164 supportive units for formerly homeless households
Government + Policy
House and Senate Bills Aim to Curb Corporate Involvement in Single-Family Housing
Two separate bills were recently introduced in Congress: one would prevent hedge funds from owning single-family homes, the other would impose fees on corporate owners
Design
Attainable Housing Solutions (and More) at IBS 2024
A handful of homes at Pro Builder’s Show Village at IBS 2024 offer a path forward for providing high-quality, lower-cost housing nationwide
Affordability
How Do You Get a 3% Mortgage Rate? Startup Roam Has a Plan
The real estate portal exclusively showcases homes currently for sale with loans eligible to be assumable—often at much lower rates than today's mortgages
Affordability
Atlanta Urban Infill Project Innovates With Off-Site Methods
Clayton's CrossMod homes in Atlanta show how combining off-site construction with flexible urban zoning policies could move the needle for affordable housing