Real Estate Marketing & Beyond

Opportunity zone home prices are soaring too

By Mike Wheatley | May 31, 2022

Investing, Residential, US Real Estate

Home prices in 'opportunity zones' are growing fast

By Mike Wheatley | May 23, 2021

So-called opportunity zones created under former U.S. President Donald Trump are seeing housing prices increase as they reap the rewards of the wider real estate market boom. During the first quarter, median home prices saw annual gains in 75% of the opportunity zones for which sufficient data is available, according to ATTOM Data Solutions. Two-thirds […]

Trump calls on federal agencies to move into Opportunity Zones

By Mike Wheatley | August 28, 2020

President Donald Trump has signed a federal order that stipulates government agencies must prioritize moving their offices to so-called opportunity zones, which are low-income areas of cities flagged for revitalization. The order could prompt federal agencies such as the Department of Housing and Urban Development, and the Department of Labor, to relocate their offices to […]

HUD seeks public comment on 'Opportunity Zones'

By Mike Wheatley | April 16, 2019

The Department of Housing and Urban Development is looking for advice on how “Opportunity Zones” can be used to better benefit communities and the residents who live within them. To that end, it’s seeking public comments for ideas on how to achieve this. The government-backed Opportunity Zone Program was initiated under the Tax Cuts and […]

Real Estate Investing, Residential, US Real Estate, Zillow

Home sales prices jump in so-called 'Opportunity Zones'

By Mike Wheatley | April 5, 2019

Investors appear to be flocking to Opportunity Zones, where they can receive a discount on capital gains taxes for investing within certain areas. The Opportunity Zones program – created with the Tax Cuts and Jobs Act of 2017 – is intended to revitalize low-income or high-poverty areas by spurring investments in them. From the tens […]

Commercial Real Estate, Featured News

Trump administration offers tax breaks for Opportunity Zone investors

By Mike Wheatley | October 24, 2018

President Donald Trump’s administration is teasing real estate investors with the possibility of significant tax breaks when they buy properties in “distressed economic areas” that have since been labeled as “opportunity zones” by the U.S. Treasure Department. Steve Mnuchin, the Treasury’s Secretary, said the newly designated zones could attract as much as $100 billion in […]

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