In the News

Housing Development Toolkit

Source: The White House

Over the past three decades, local barriers to housing development have intensified, particularly in the high-growth metropolitan areas increasingly fueling the national economy. The accumulation of such barriers – including zoning, other land use regulations, and lengthy development approval processes – has reduced the ability of many housing markets to respond to growing demand. The growing severity of undersupplied housing markets is jeopardizing housing affordability for working families, increasing income inequality by reducing less-skilled workers’ access to high-wage labor markets, and stifling GDP growth by driving labor migration away from the most productive regions. By modernizing their approaches to housing development regulation, states and localities can restrain unchecked housing cost growth, protect homeowners, and strengthen their economies.   More...


 

BHC 2015 Annual Report

Source: Broward Housing Council

The Broward Housing Council has published their Fiscal Year (FY) 2015 Annual Report and it is now viewable online. This past August the Broward County Board of County Commissioners accepted the Broward Housing Council’s Report. The purpose of the report is to provide a summary of the resources and programs administered countywide that provide affordable housing to Broward County residents. This report provides a cumulative overview of affordable housing resources and programs on a countywide basis from October 1, 2014 through September 30, 20154. More...


 

These 10 Markets Desperately Need More Housing Inventory

Miami Ranked Forth in Nation


Source: Housing Wire

News of a housing inventory shortage continues to proliferate as the market works in overdrive to try and construct enough houses to meet the high demand. According to a new study from the National Association of Realtors, single-family home construction is currently lacking in 80% of measured metro areas, even as job creation holds steady across the country right now. More...


 

High Rents Aren't A Problem If You Earn Enough To Afford Them

Source: Zillow

As growth in rents outpaces growth in incomes, rent affordability (the share of the typical American’s income that goes to rent) has steadily deteriorated over the past five years – from a historic average of 26 percent, to roughly 30 percent currently. But focusing only on medians can sometimes hide more than it reveals. In this case, there are sharply different trends at the top and at the bottom of the market. More...



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