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Showing posts matching the search for national housing market

Affordable Sticker Shock -- Climbing home and rental prices hurting chances of poorer people putting roofs over their heads | Jim Parker

Coast to coast, the housing industry currently favors the home seller as prices are rising, sales surging and inventories dwindling -- which leave the residences on the market more valuable. Take Seattle as a caffeinated example. The northwest city of 3. 5 million people boasts the hottest housing market in the country since last fall, according to the Case- Shiller home price index and reported this summer in the Seattle Times. The typical single-family house in metro Seattle cost 12 .9 percent more in April than a year ago, the report notes. Other fast-rising markets are Portland, Oregon; Dallas; Denver; and Detroit, up 9.3 to 7.4 percent respectively. Those totals compare with a 5. 5 percent national price growth rate . What's good for owners and well-off buyers can be doubly troubling for at least one group: lower income property shoppers including first-time homebuyers who can't afford average and midpoint home prices or apartment rents . According to studies, the na...

4.8 million housing units required by 2040

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The government’s national policy on housing will take into account the country’s urbanisation and urban migration. Myanmar's commercial capital will need 1. 07 million housing units by 2040 and the entire country will require an additional 4. 8 million units by then, according to an official from the Ministry of Construction. The whole country will need 4. 8 million housing units by 2040, based on the population growth rate between 1983 and 2014, said U Nway Hmu, deputy director of the Housing Development Division under the Ministry of Construction. 8 million housing units required by 2040" alt="image" style="border: 0px;" /> The deputy director made the re- marks during a presentation organised by the property website House . com.mm. According to the 1983 census, the national population was 35.29 million. It increased to 51.48 million in 2014, according to the 2014 census. Based on that population growth rate , Myanmar is expected to have 70.5...

National CORE, City of San Clemente to Host Grand Opening of Las Palmas Village Apartment Community

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SAN CLEMENTE, Calif. – National Community Renaissance , one of the nation’s largest nonprofit community builders, and the City of San Clemente hosted a Grand Opening of the highly anticipated Las Palmas Village Apartments on Wednesday, March 2. Las Palmas provides 18 units of much- needed workforce housing for very low-income families in south Orange County . Located near San Clemente’s historic downtown, the community matches the city’s “ Spanish Village by the Sea” design style and will feature an onsite community resource center with computer stations, private underground parking , an outdoor courtyard garden area and private patios and balconies in select units. A 19th unit will be for the on-site manager. The community also will feature on-site economic mobility assistance through the Hope through Housing Foundation. “Las Palmas exemplifies a successful partnership with National Community Renaissance and others,” said Mayor Bob Baker . “I am proud that the City of San Clem...

Ribbon cut for newly rehabilitated apartments | News

On Wednesday morning the owners, staff, development partners and residents of Apple Hill Apartments joined together to celebrate the completion of Jackson’s newly rehabilitated apartment community . On Wednesday, August 16, The Provident Companies hosted an open house with light refreshments to symbolize the end of the project. During the opening house, remarks were given by The Provident Company Vice President Robert Bender , USDA Rural Development representative Brent Warren , Jackson City Councilman Jon Hensler , Ohio Capital Corporation for Housing representative John Kircher , Ohio Housing Finance Agency representative Diane Alecusan , Jackson- Vinton Community Action Executive Director Cheryl Thiessen , Park National Bank representative Stan Uchida , Diana Swack and Bernard Swack both with The Provident Company . “ Apple Hill Apartments is an example of the type of safe, decent and affordable housing that households need as a necessary building block for li...

2525 El Camino Real Senior Apartments in Santa Clara Celebrates Groundbreaking Ceremony -- Anne Monaghan / Monaghan Communications

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Designed by KTGY Group, 2525 El Camino Real Senior Apartments , a development by ROEM Corporation , in collaboration with Pacific Housing , Inc. and the City of Santa Clara, broke ground on a new affordable apartment community for low income seniors . 2525 El Camino Real Senior Apartments in Santa Clara, CA" title=" 2525 El Camino Real Senior Apartments in Santa Clara, CA" width="154" height="87" class="im2" /> 2525 El Camino Real Senior Apartments in Santa Clara, CA June 21, 2012 - PRLog -- SANTA CLARA, CA - On Wednesday, June 20, 2012, Santa Clara broke ground on 2525 El Camino Real Senior Apartments , a development by ROEM Corporation , in collaboration with Pacific Housing , Inc. and the City of Santa Clara. The groundbreaking ceremony began at 2:00 p.m. at 2525 El Camino Real , Santa Clara, California 95050 (cross streets: El Camino Real and Buchanan Drive). " Providing affordable housing for our community is a very im...

The week in business - The Boston Globe

INDUSTRY GE delays opening of new building in Fort Point General Electric Co. has pushed back the expected opening of its new building overlooking Fort Point Channel by two years after deciding to break the headquarters project into two phases. GE vice president Ann Klee said in a memo Tuesday to Boston employees that executives expect the 12- story building , dubbed South Point , to open in mid-2021, compared with an earlier goal of 2019. Two older brick buildings , together dubbed North Point , will be renovated first, with the aim of opening them in the first half of 2019. GE has already started work on the two old buildings, originally part of a Necco candy manufacturing complex . But construction on the new building was supposed to happen concurrently with much of the Necco renovations. Now, GE will finish the Necco buildings and move employees into them before starting construction of the new building. GE expects it will take 24 months to complete the new structure. The ann...

This is why your rent will keep going up in San Diego

When it comes to getting new apartments built, San Diego is the 11th worst city in the nation, said a national study released Monday . Fifty cities were ranked on specific factors, including local regulations and land available for development, that were determined to be critical to construction by trade groups such as the National Multifamily Housing Council and the National Apartment Association . Honolulu was ranked the most difficult market for building new apartments, and New Orleans was the easiest. Research gathered by Florida-based think tank Hoyt Advisory Services for the trade groups looked at the Wharton Residential Land Use Regulation Index, a survey of regulatory laws, and a method of mapping developable land created by Sumner La Croix of the University of Hawaii. It also used the U.S. Census and other data and market research. In California, San Francisco was deemed the hardest to get new supply built at No. 8. Los Angeles was No. 12, Riverside No. 13, Sacramento ...

Low wages, high rent: Orlando has a problem

Orlando will soon have a new community down near Disney — the Four Seasons Private Residences — where home prices start around $5 million. Bully for all our new neighbors ... and the $24,514 in homeowner’s association fees they’ll pay each year. Ironically, though, many of the people who already live here — the ones who work full-time in the tourist industry that attracts the Four Seasons folks — can’t afford homes of their own. Heck, they can’t even cover the HOA dues. Central Florida , you see, is in the midst of an all-out housing crisis . Our affordable- housing shortage is so severe that the National Low Income Housing Coalition recently found just 18 rental units available for every 100 low- income families — one of the lowest rates in America. As a result, we have families living in cheap motels and relying on government subsidies. And with rents rising, it’s only getting worse. This isn’t exactly the kind of thing our chambers of commerce or visitors bureaus like to promo...

10 Facts You May Not Know About Capitol Hill: DCist

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Capitol Hill is best known for the eponymous domed building that symbolizes American democracy . But the large neighborhood, which spans the quadrants of Northeast and Southeast, has a lot more going on than legislative dealings. Here are 10 facts about the neighborhood that don’t show up on your average double- decker bus tour . 1. It Was Not Always Called Capitol Hill According to Architect of the Capitol, an organization that maintains the grounds and many of the neighborhood's government buildings , when city architect Pierre Charles L'Enfant found the area in the early 1790s, it was known as Jenkins' Hill. That didn't last much longer. L'Enfant proclaimed it "a pedestal waiting for a monument," and construction atop Capitol Hill began in 1793. The US Capitol Building is located at East Capitol St NE and First St SE. 2. Christ Church (Not the Cathedral) Is the City’s Oldest Episcopal Church The National Cathedral is one of the most famous churches...

The ghost estates that still haunt Ireland

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A decade after the crash, Shannon Valley housing estate , on the outskirts of Ballaghaderreen, in Co Roscommon, remains unfinished and partly in ruins. Although the number of “ unfinished housing developments ” has fallen sharply since 2010, Shannon Valley is one of hundreds that still dot the country. The Guls: ‘Every day I put rats in the bin’ Fatima Gul says her little brother, Yousaf, doesn’t like the rats. He jumps up on the sofa or the table in the living room when they come into the house. Their parents don’t allow Fatimar, who is 10, or her nine-year-old sister, Maryam, or Yousaf and his twin, Zohra, who are five, to play near the houses on the other side of their green. It’s too close to the rats and the rubble. Shannon Valley “ ghost estate ” outside Ballaghaderreen, Co Roscommon. Photograph: Simon Carswell" height="349" src="https://www.irishtimes.com/polopoly_fs/1.3181475!/image/image.jpg_gen/derivatives/landscape_620/image.jpg" width="620...