«Aging millennials and young families may be able to find more
affordable new homes for sale this year, but they'll most likely be in further - flung suburbs with more grueling commutes to urban job centers.»
Not exact matches
The Government also announced that
for the first time, the receipts from additional Right to Buy
sales will be used to support the funding of
new affordable homes for rent on a «one
for one» basis, which is expected to deliver up to 100,000
new homes and support 200,000 jobs.
Hard and soft construction costs of
new or the rehabilitation of buildings into
affordable homes for sale or rent.
Highlights included advising Radian Group on the development of 500
new affordable homes; acting
for Hyde Housing Association on various plot
sales and asset management matters; and advising Network
Homes on its # 4m acquisition of 23 shared ownership and
affordable rent units, a project done as part of a regeneration of a former football stadium.
«As
new multi-family supply catches up with demand and slows rents, some large investors may begin putting their holdings of
affordable single - family
homes up
for sale, which would be great news, particularly
for first - time buyers,» Yun says.
PICTURED ABOVE AND BELOW: The number of
home sales and the number of available listings offered
for sale below $ 750,000 has been in dramatic decline within the resale market as median priced
homes rise and
new construction offerings, few as they are, struggle to deliver meaningful numbers of
homes at more
affordable price points.
Posted at 07:36 AM in
Affordable Housing,
Home For Sale, Market Conditions, Metro Brokers,
New Home Sales, Real Estate
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Potential
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