A new report from the Federal Housing Finance Agency says that U.S. counties with a significant number of jobs in the energy sector have seen a rise in home prices that is unusual in this recession.
The study looked at changing home prices from 2006-2011 in energy-producing states. The Oklahoman says the way an "energy job" is defined is a bit problematic, in that the sizable number of white collar jobs in Tulsa created by the oil industry is overlooked (classified with "general management"):
"Home prices in counties with the higher energy employment outperformed the other counties in every state but Oklahoma. Here, high-energy counties saw home price gains of 4.8 percent while the other counties saw better gains of 5.3 percent."
Alaska, Louisiana, New Mexico, North Dakota, Texas, West Virginia and Wyoming are the other states the FHFA looked at, and they all saw a more significant increase in home prices in high-energy counties.
FULL STORY: Home price gains in Oklahoma's high-energy counties lag others in the oil patch
Opinion: How to Rebuild the ‘Starter Home’ Market
Large minimum lot sizes and restrictions on multi-unit housing put an artificial floor under home costs. Is it time to eliminate them?
Home Prices Continue to Rise Across the Nation
The pandemic’s effects continue to impact housing markets, with formerly affordable cities seeing a steep rise in housing costs.
Austin Lot Size Changes Could Make Homes More Affordable
Land acquisition makes up 15 to 20 percent of the cost of an average home in the Austin area.
Maui's Vacation Rental Debate Turns Ugly
Verbal attacks, misinformation campaigns and fistfights plague a high-stakes debate to convert thousands of vacation rentals into long-term housing.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
In Urban Planning, AI Prompting Could be the New Design Thinking
Creativity has long been key to great urban design. What if we see AI as our new creative partner?
Researchers Use AI to Get Clearer Picture of US Housing
Analysts are using artificial intelligence to supercharge their research by allowing them to comb through data faster. Though these AI tools can be error prone, they save time and housing researchers are optimistic about the future.
Making Shared Micromobility More Inclusive
Cities and shared mobility system operators can do more to include people with disabilities in planning and operations, per a new report.
Car Designs Make it Harder to See Pedestrians
Blind spots created by thicker pillars built to withstand rollover crashes are creating dangerous conditions for people outside vehicles.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
Appalachian Highlands Housing Partners
Gallatin County Department of Planning & Community Development
Heyer Gruel & Associates PA
Mpact (founded as Rail~Volution)
City of Camden Redevelopment Agency
City of Astoria
City of Portland
City of Laramie