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Can Looser Zoning Rules Help the Housing Shortage? Biden Thinks So

Pro Builder

Can Looser Zoning Rules Help the Housing Shortage? President Biden’s infrastructure plan will set aside $5 billion for a grant program aimed at tackling “exclusionary” zoning laws that inflate housing costs. Housing shortages are not exclusive to dense cities such as Boston and San Francisco, but metros such as Grand Rapids, Mich.

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It's Now Cheaper to Rent Than Buy in Every State

Pro Builder

That’s the question many prospective buyers and renters face, and the answer usually comes down to finances. With short housing supply and increasing home prices, renters have found relief in lowered rents in urban areas, sweetening the decision even further, says the New York Times. San Francisco and San Jose, Calif.,

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Gen Zers Are Entering the Housing Market as First-Time Buyers, but Where Are They Searching?

Pro Builder

Gen Zers Are Entering the Housing Market as First-Time Buyers, but Where Are They Searching? As large metro areas become more expensive, young homebuyers are searching for affordable housing in midsize cities. At the bottom were the notoriously expensive coastal cities of San Jose, Calif., New York and San Francisco.

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Structural engineering solutions for office-to-residential conversion

BD+C

Nationwide, office vacancies stand at 17%, with some big cities—San Francisco, Houston, Austin—topping 30%, while the U.S. faces a housing deficit of 3.8 But making an adaptive reuse project pencil out in a tight financing market isn’t so simple. million units. has adopted SFBC 503.11.1, Seattle, Wash.,

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New Affordable Housing Units Cost $1 Million per Apartment to Build in California

Pro Builder

New Affordable Housing Units Cost $1 Million per Apartment to Build in California. Building affordable housing units just got even more costly in popular markets like San Francisco, where subsidized construction projects come with multi-million dollar price tags. Wed, 06/22/2022 - 12:01. It’s nauseating,” Morgan said. “I

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Case-Shiller House Price Index Reveals Steep September Declines

Pro Builder

Case-Shiller House Price Index Reveals Steep September Declines. Despite persistent annual growth, the September Case-Shiller National House Price Index (HPI) revealed significant home price declines in some overheated housing markets . Housing Markets. Housing Markets. Wed, 11/30/2022 - 10:57. New-Home Sales.

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These Cities Are Becoming More Affordable for Renters

Pro Builder

More than 40% of renters pay more than a third of their income on housing costs, meaning affordability typically affects renters more than it would homeowners, according to Smart Asset. The top five cities where rent has changed the most from 2016 to 2019 are Boston, San Francisco, Los Angeles, DC, and Baltimore. cbroderick.