Colorado Public Radio to Vote on Whether to Increase Affordable Housing Funding This Fall — First Voting Action of Its Kind — Colorado Public Radio | Wordy Zone

For the first time ever, voters across Colorado will see an affordable housing question on their ballots this November. If the initiative is successful, the state will allocate approximately $300 million annually from existing government revenues to affordable housing, six times current funding levels. The measure would not increase taxes directly. It would instead set … Read more

The Impact of Foreign Direct Investment on Real Estate – The Financial Express | Wordy Zone

Real estate in India is the second largest employment producer, contributing an estimated 13 percent of the country’s GDP, and the third largest sector in FDI flows. It is projected to exceed Rs 65,000 crore by 2024 and 2025. The real estate market is constantly evolving with innovative solutions that include residential, commercial and retail … Read more

ETF Making Affordable Housing A Reality For More Americans – TriplePundit | Wordy Zone

There is no shortage of exchange traded funds (ETFs). to say One of their goals is to expand the range of affordable housing or real estate. But there is only one EFT that invests in mortgage-back securities (MBS) with the goal of promoting home ownership in communities that have long been underserved by traditional mortgage … Read more

Greensboro, Raleigh, Durham Rents Much Higher Than Last Year – Raleigh News & Observer | Wordy Zone

A mailbox in the South Pointe Apartments in Greensboro. Jason deBruyn WUNC Greensboro and Raleigh have seen significant year-over-year price increases for both one- and two-bedroom apartments, according to Rent.com’s August Rent Report. Greensboro has had the largest annual rental growth in the country (among the cities included in this report) for one-bedroom apartments, the … Read more

2022 Home Sales Surpassing Pre-Covid Levels Despite Rate Hikes: Industry – Business Default | Wordy Zone

India’s housing market is expected to maintain demand momentum despite rising mortgage and property rates, as sales in the top 7 cities this year are likely to exceed pre-pandemic levels of 2.62 lakh units, industry stakeholders said . Having weathered four consecutive disruptions in the form of demonetization, RERA, GST and … Read more

Michaels, DL3 Realty to Advance Chicago’s Park Station Lofts – GlobeNewswire | Wordy Zone

CHICAGO, Aug. 16, 2022 (GLOBE NEWSWIRE) — The Michaels Organization, a nation’s leader in residential real estate, and its Chicago-based partner DL3 Realty will break ground on a new mixed-use, mixed-income, affordable housing community in Chicago a successful financial outcome. The newly constructed Park Station Lofts in Chicago’s Woodlawn neighborhood will occupy a currently vacant … Read more

Orange County’s housing market is ‘normalizing’ – Spectrum News 1 | Wordy Zone

LAGUNA BEACH, Calif. – After two hectic years in Orange County real estate, Suzanne Seini finally breathes a sigh of relief. A year ago, Seini, the CEO and partner of Active Realty in Irvine, wrote several offers on behalf of her client buyers, only to see them either outbid or rejected by the seller. what … Read more

Orange County’s housing market is ‘normalizing’ – Spectrum News 1 | Wordy Zone

LAGUNA BEACH, Calif. – After two hectic years in Orange County real estate, Suzanne Seini finally breathes a sigh of relief. A year ago, Seini, the CEO and partner of Active Realty in Irvine, wrote several offers on behalf of her client buyers, only to see them either outbid or rejected by the seller. what … Read more

Salt Lake County median home price is over $625,000 even as sales have fallen to a decade low – Salt Lake Tribune | Wordy Zone

Call it our “new abnormality” for housing. Home sales on the Wasatch front – already on a downtrend due to rising prices and lack of inventory – have fallen to lower lows on rising interest rates, data released Thursday showed. About 7,148 single-family homes changed hands in the five-county area around Salt Lake City from … Read more