ncrealtors @ncrealtors
The Voice of Real Estate in North Carolina | Promoting Homeownership and Protecting Property Owners' Rights ncrealtors.org/action-center/ North Carolina Joined January 2009-
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A very strong agenda for starting to tackle the housing crisis in NC. #housingavailability #housingaffordability
A very strong agenda for starting to tackle the housing crisis in NC. #housingavailability #housingaffordability
Housing supply and price increases hurts mobility, and therefore the overall economy. #housingavailability #housingaffordability wsj.com/economy/housin…
North Carolina is experiencing the same. In migration is driving the housing market here. Prices continue to increase in the face of low supply. wsj.com/economy/housin…
Especially in much of North Carolina. foxbusiness.com/economy/homes-…
Tony Wiener of Cardinal Homes on the supply shortage: Builders want to build at more affordable price points - thats where the demand is. The public needs to know that builders want to builder at the lower price points but currently cannot get there. #housingsummit
Being priced out of #homeownership will mean long term economic loss for these individuals and families. geo.tv/latest/509647-…
ADUs are very versatile housing units. One important sector of the population they serve is to allow aging in place for our silver generation. #adu #housingavailability #housingaffordability nytimes.com/2023/09/06/opi…
With our history of hurricane activity, coastal NC will be feeling similar insurance cost pressure. wsj.com/real-estate/ri…
Wouldn't it be nice if incomes increased 69%? Home prices are rising, not falling. (Demand stays strong.) And we shouldn't expect to see rates fall soon. That leaves us with building more homes. A lot more. #housingavailability #housingaffordability #homeownershipmatters
Wouldn't it be nice if incomes increased 69%? Home prices are rising, not falling. (Demand stays strong.) And we shouldn't expect to see rates fall soon. That leaves us with building more homes. A lot more. #housingavailability #housingaffordability #homeownershipmatters
Expect foreign buyers to continue their interest in NC.
Expect foreign buyers to continue their interest in NC.
Yes, allowing more housing to be built does moderate price increases. A case study in taming extremely rapid housing inflation from the other side of the world. #housingsupply #housingaffordability businessinsider.com/america-lower-…
The focal point of the housing crisis is in your own backyard. cnn.com/2023/08/05/bus…
Popular areas in the popular state have driven housing prices up dramatically. Costs are continuing to rise. #weneedmorehousing #housingavailability #housingaffordability bizjournals.com/triangle/news/…
Increasing housing supply has a ripple effect. bloomberg.com/news/features/…
At a time when North Carolina home prices continue to rise unabated, Stanly County considers dramatically increasing building costs by increasing minimum lot sizes from .92 acre to 5 acres! Clearly, affordable housing is not a priority. thesnaponline.com/2023/07/25/sta…
The good news, NC has some entries in the middle column. The bad news, no NC yet in the third column. We have a lot of work to do if we're going to get ahead of the housing supply crisis in North Carolina.
The good news, NC has some entries in the middle column. The bad news, no NC yet in the third column. We have a lot of work to do if we're going to get ahead of the housing supply crisis in North Carolina.
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Abundant housing supply is necessary to achieve affordability...and may be sufficient.
After a decade of building 8,000 apartments in Oakland, market rate 1-bedroom units are now affordable to low income people, as defined by HUD. Today the SF Chronicle reported: - Oakland has largest rent decline (-7.2%) among top 100 US cities. - Median one-bedroom rent in…
Tony Wiener of Cardinal Homes on the supply shortage: Builders want to build at more affordable price points - thats where the demand is. The public needs to know that builders want to builder at the lower price points but currently cannot get there. #housingsummit
27 percent of first-time buyers moved straight from their family homes into their own last year. Home sales sat at their lowest point this January. We're short 5.5 million US homes and mortgage rates hit a 20-year high last month.
Being priced out of #homeownership will mean long term economic loss for these individuals and families. geo.tv/latest/509647-…
IF U.S. incomes spiked 69%, we'd return to pre-pandemic housing affordability levels. IF U.S. home prices fell 41%, we'd return to pre-pandemic affordability. IF mortgage rates fell 4.3 percentage points (from 7.26% to 2.96%), we'd return to pre-pandemic affordability.
Top Destinations of Foreign Buyers: 1. Florida (23% of foreign purchases) 2. California (12%) 3. Texas (12%) 4. North Carolina (4%) 5. Arizona (4%) 6. Illinois (4%) 7. New York (3%) 8. Ohio (3%) 9. Pennsylvania (2%) 10. New Jersey (2%) spr.ly/6012PgjiQ
@JoshFerdelman @mercatus @WNNProHousing @FrontierMontana @Shelter_WF @GovGianforte @ebwhamilton @danbertolet @_NotA_Bot_ @djsteveporter @RandyMoss @Scott_Wiener We counted housing supply legislative wins, big or small (or very small), in 15 states through June 30. This table isn't quite a complete list, but it covers the most common policy types:
WNC Housing Forum is underway. About 50% of all renters & 20% of homeowners are cost burdened. Housing affordability impacts biz ability to attract & retain workers.
Chapel Hill looks to reverse decades of exclusionary zoning by allowing missing middle duplexes, ADUs and cottages in residential areas.
Council members voted 6-3 to approve tweaks to the town's housing regulation laws, with the purpose of allowing more housing types to be built – specifically accessory apartments, duplexes, or detached cottages. chapelboro.com/news/housing/c…
Council members voted 6-3 to approve tweaks to the town's housing regulation laws, with the purpose of allowing more housing types to be built – specifically accessory apartments, duplexes, or detached cottages. chapelboro.com/news/housing/c…
Inventory shift between May 2019 and May 2023: Austin --> +4% Lakeland, Fla. --> -8% Colorado Springs --> -12% Boise City --> -14% New Haven, CT --> -74% Allentown, PA --> -74% Bridgeport, CT --> -78% Hartford, CT --> -80%
Johnston County lowers property tax rate for upcoming fiscal year wral.com/johnston-count…
Today, the Supreme Court brings needed clarity to the scope of the WOTUS rule. The requirements for determining which waters are covered by the CWA is a major victory for housing affordability. supremecourt.gov/opinions/22pdf…
Boxabl folding house is 40 square meters—about the size of a studio apartment—and they’re calling it the Casita. It costs $49,500 and can be set up in a day once it’s delivered [read more: buff.ly/37bRNle]
NAR Chief Economist Lawrence Yun reacts to today's interest rate hike by the Federal Reserve.
NAR and Realtor.com® honored three winners of the Fair Housing Champion Awards during NAR’s Fair Housing Month event, “At What Price? Overcoming Barriers to Homeownership”. nar.realtor/newsroom/nar-a…
This affordable housing bill I wrote about last week to require all cities to allow ADUs (when a homeowner can build and then rent out a smaller house in their yard) just passed the House almost unanimously #ncpol #ncga wral.com/amp/20821207/
ICYMI there are also several pro-builder changes that lawmakers are also pushing, to loosen up regulations in hopes of getting more homes and apartments built #ncpol #ncga wral.com/in-effort-to-b…
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