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President Biden outlines plan to tackle America's housing shortage

By Mike Wheatley | May 18, 2022
The United States is struggling with a shortage of up to 5.5 million homes, experts say. The housing gap is so large that it would take more than 10 years to reduce, even if builders accelerate new home construction right away, the National Association of Realtors believes. So President Joe Biden’s new plan that calls […]
Mortgage

Buyers priced out of affordable homes

By Mike Wheatley | January 4, 2021
Home prices have grown in most parts of the country in 2020, but there are still many pockets of affordability with homes available for less than $100,000. All in all, there were around 50,100 single-family listings across the U.S. in November, usually located in small or medium-sized cities or rural areas. But buyers are struggling […]
Home Buying, US Real Estate

Remote working enables more Americans to move to cheaper areas

By Mike Wheatley | March 8, 2020
Americans who move to new areas are finding that they’re being given more opportunities to telecommute as employers try to convince them to remain in their jobs. That’s according to a new Redfin study, which found that telecommuting is enabling many Americans to relocate to areas with more affordable housing while keeping the same salary. […]
Featured News, US Real Estate

New Story builds its first 3-D printed homes for low income families in Mexico

By Mike Wheatley | December 19, 2019
3-D printing is being pitched as the answer to solve a worldwide shortage of affordable homes, and it can do so quickly as it’s possible to construct a home in this fashion within just 24 hours. A report from Curbed.com highlights the efforts of Icon, a construction technology startup based in Austin, and housing nonprofit […]
US Real Estate

Minneapolis officially removes single-family zoning

By Mike Wheatley | October 31, 2019
Minneapolis has become the latest U.S. city to do away with single-family zoning laws, allowing a greater variety of construction within its neighborhoods. The measure to eliminate single-family zoning was approved in a 10-1 vote by Minneapolis City Council members. Single-family zoning laws have come under attack in several U.S. cities and states in recent […]
Home Buying, US Real Estate

Arizona encourages home buyers to chip in on affordable housing

By Mike Wheatley | October 7, 2019
Real estate agents and home builders in Arizona are being asked to encourage new buyers to donate $25 upon closing to a new fund that’s been setup to combat homelessness in the state. The Arizona Housing Fund is the brainchild of one Howard Epstein, a board member of nonprofit group Arizona Housing Inc. “Too many […]
US Real Estate

Midwestern markets heat up as buyers chase affordable homes

By Mike Wheatley | August 16, 2019
The Midwest is seeing growing home sales as more buyers swoop into the heartland in search of affordable homes. The uptick in sales means that midsize cities such as Boise, Idaho; South Bend, Indiana, and Columbia, Missouri are now showing up as some of the U.S.’s top-performing real estate markets. Just 10 of the 178 […]
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