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Amazon announces housing affordability pilot program with National Housing Trust

Housing Wire

Retail giant Amazon announced on Wednesday the launch of a new pilot program designed to assist moderate-income families in three different U.S. the Douglass Community Land Trust in Washington, D.C. communities with the purchase of up to 800 homes, in partnership with the National Housing Trust (NHT). metropolitan areas.

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HUD announces $72.6M in new Native American community grants

Housing Wire

The grant funds will be primarily deployed to bolster infrastructure, construction or renovation of community buildings, housing rehabilitation, land acquisition and economic development for the American Indian and Alaska Native populations. Department of Housing and Urban Development (HUD) on Monday announced the disbursement of $72.6

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Manufactured homes are appreciating faster than site-built homes

Housing Wire

In contrast, the average sales price of new site-built, single-family homes (excluding land) rose by 37.66% over the same period,” the study explained. In June, HUD announced the launch of a new program designed to allow for the purchase, refinance or renovation of manufactured home communities under an FHA-sponsored loan program.

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New construction vs. resale homes: How agents can guide buyers in today’s market

Housing Wire

Many newly built single-family homes are farther away from urban centers or established inner-ring suburbs due to the high cost of available land in many markets. This can range from features such as more enormous closets, kitchens, and bathrooms to designated home offices or family spaces.

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Don’t let COVID crisis mask affordable housing opportunity

Housing Wire

Since we cannot create more land, the only alternative is to increase housing density. Across the country, local zoning ordinances have consistently been designed to inhibit the development of medium and high density-housing. Finally, we need to renovate our existing housing stock. Incentivize entrepreneurs.

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Opportunities to improve the home-building process

Housing Wire

The real estate industry is full of complications that don’t exist elsewhere, from the way we incentivize real estate brokers to the way we value land and homes. Block Renovations is a great example of a company using technology to make a multi-step process more efficient for contractors and more satisfying for customers.

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With low inventory, house hunters are in full safari mode

Housing Wire

One source of added inventory is the fix and flip industry , which is expected to acquire and renovate some 350,000 homes in 2023, according to Kurt Carlton, president of New Western , a private real estate investment marketplace. Where might added inventory come from, if the bulk of existing homeowners continue to remain on the sidelines?