Let’s allow innovative technologies, funding address housing shortage
“A housing market that meets the needs of workers and families is a foundation for economic development, financial stability, and wealth building opportunities.” Those are qualities of a healthy community. It’s time to get creative, break out of the traditional mode of single-use facilities, and allow innovative technologies and funding to address our structural housing supply shortages.
High home prices and interest rates contribute to tough market for first-time home buyers
High home sales prices and mortgage interest rates are squeezing out first-time home buyers from entering the market, especially as incomes have not kept up, housing experts say.