Affordability

Smaller Townhouses Help Address Missing Middle Housing Issue

Filed in Affordability, Land Development by on January 16, 2020 0 Comments
Smaller Townhouses Help Address Missing Middle Housing Issue

NAHB continues to dive into ongoing concerns over housing affordability, including its “Diversifying Housing Options with Smaller Lots and Smaller Homes” report. The report identifies ordinances and codes that enable the construction of more varied housing types and smaller, more affordable homes, including the form-based code for greenfield development used in the Mews Townhouse Units in South Jordan, Utah.

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3 Ways to Make Housing Options Work

Filed in Affordability, Land Development by on January 10, 2020 0 Comments
3 Ways to Make Housing Options Work

Media coverage recently has detailed the growing housing affordability shortage in the United States, discussing how local zoning remains a barrier to greater access to housing. Communities can work to address this shortage by updating ordinances that promote single-family detached and large multifamily buildings, with few options between.

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A Decade of Home Building: The Long Recovery of the 2010s

Filed in Affordability, Economics, Housing Trends by on January 6, 2020 7 Comments
A Decade of Home Building: The Long Recovery of the 2010s

The 2010s was by far the lowest decade of single-family production in the last 60 years. During this 10-year period, single-family home construction totaled just 6.8 million units. By comparison, single-family starts ranged from 9.3 million units in the 1960s to 12.3 million in the 2000s.

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Increased Supply and Collaboration Needed to Combat Housing Affordability Crisis

Filed in Affordability by on December 12, 2019 2 Comments
Increased Supply and Collaboration Needed to Combat Housing Affordability Crisis

The Hill spotlights the overall impact of the housing affordability crisis in a new video segment following NAHB’s Election 2020 event in Minneapolis. The segment provides an overview of the topics surrounding the crisis, and features interviews from community panelists at the Minneapolis event and subject matter experts.

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MIT Report Spotlights Need to Reform Policies on Factory-Built Housing

MIT Report Spotlights Need to Reform Policies on Factory-Built Housing

According to a new study from the MIT Humanitarian Supply Chain Lab, factory-built houses — i.e., modular, panelized or pre-assembled homes — could help increase affordable housing stock and significantly aid in disaster response and recovery. However, factory-built homes comprise only 3% of single-family homes in the United States. What can be done to better utilize these types of homes?

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Home Prices Continue to Rise with Strong Demand and Tight Inventory

Filed in Affordability, Economics by on December 2, 2019 3 Comments
Home Prices Continue to Rise with Strong Demand and Tight Inventory

National home prices rose at a faster annual growth rate in September compared to the previous month.

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“Building the Dream” Event Highlights Homeownership Gaps

Filed in Affordability by on November 22, 2019 0 Comments
“Building the Dream” Event Highlights Homeownership Gaps

Government officials and community stakeholders came together at NAHB’s recent kickoff of its “Building the Dream” series in Minneapolis to highlight how this crisis is being addressed at the local and state level to help bridge the gap for homeownership.

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Democratic Presidential Candidates Talk Housing Affordability

Filed in Affordability, Capitol Hill by on November 21, 2019 3 Comments
Democratic Presidential Candidates Talk Housing Affordability

Democratic presidential candidates cited the need to increase housing production to ease America’s affordability crisis during a nationally televised debate last night in Atlanta.

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Watch Live: NAHB Discusses National Trends in Housing Affordability

Filed in Affordability, Housing Trends by on November 15, 2019 1 Comment
Watch Live: NAHB Discusses National Trends in Housing Affordability

NAHB’s Election 2020 series will kick off Monday, Nov. 18, in Minneapolis at 8:30 a.m. CT with a robust discussion on how municipalities are tackling the housing affordability crisis. Tune in to the event’s livestream to watch as state and local government officials, industry leaders and community partners share their insights on the challenges of housing affordability and potential solutions to address housing inequity.

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Lower Mortgage Rates Push Housing Affordability to Highest Level in Three Years

Filed in Affordability, Economics by on November 7, 2019 0 Comments
Lower Mortgage Rates Push Housing Affordability to Highest Level in Three Years

With mortgage rates at a three-year low and a healthy job market, housing affordability rose to its highest level in three years in the third quarter of 2019, according to the NAHB/Wells Fargo Housing Opportunity Index (HOI) released today.

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