The housing crisis may be coming to an end, according to some nationwide indexes. And though prices are likely to continue to fall for about a year, some homebuilders are un-pausing their projects and moving forward.
"[T]here are signs in some places that we are nearing an end to the downward spiral that reduced house prices 32% nationwide and, according to the Mortgage Bankers Association, erased $3.5 trillion worth of home equity. New-home sales are ticking up, and for the first time in three years, the S&P/Case-Shiller home-price index, which tracks changes in home prices in 20 U.S. cities, has shown a monthly gain."
Builders now report focusing more on efficiency rather than volume.
FULL STORY: How the Housing Market Is Fighting Its Way Back
Housing Construction More and More Frequently the Product of Two Companies
The history of U.S. housing construction has traditionally been the story of many companies building a few homes a year. Now two companies alone are out-building the rest of the top ten homebuilders combined.
High Housing Prices Concern the Nation's Homebuilders
High prices and rising mortgage rates are called a "toxic cocktail" for the homebuilding industry.
Housing Market Climbs Back in Phoenix
Phoenix is undergoing another housing boom, with buyers clamoring to buy up properties with significantly discounted prices.
San Diego to Rescind Multi-Unit ADU Rule
The city wants to close a loophole that allowed developers to build apartment buildings on single-family lots as ADUs.
Florida Considers Legalizing ADUs
Current state law allows — but doesn’t require — cities to permit accessory dwelling units in single-family residential neighborhoods.
HUD Announces Plan to Build Housing on Public Lands
The agency will identify federally owned parcels appropriate for housing development and streamline the regulatory process to lease or transfer land to housing authorities and nonprofit developers.
Nightlife and the 15-Minute City
Plans for compact, walkable cities often don’t address nighttime concerns like transportation and lighting, which can make neighborhoods more vibrant and safe around the clock.
Mississippi Aims to Abolish Income Tax — and Replace it With Gas Tax
The new gas tax would fund MDOT and the Strategic Multi-Modal Investments Fund.
Louisville Launches ‘Anti-Displacement Tool’
After a years-long, tenant-led effort, Louisville will use a new tool to analyze whether a proposed housing development can meet a neighborhood’s housing needs and income levels. If it doesn’t, the city won’t subsidize it.
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NYU Wagner Graduate School of Public Service