Junia Howell, Founder of eruka, connects current location-based home appraisal methods to the desire to link a property’s value to the racial composition of the surrounding neighborhood. Although the specific processes have changed over time, she says, neighborhood racial composition remains central to appraisal methodologies. Junia and her team have created a revised appraising methodology and are introducing a new approach and associated mobile application, eppraiser, which scans properties and uses big data to derive the remaining lifespan of each construction component (e.g., windows, water heaters, and flooring). Learn more about how transforming appraising methods can challenge longstanding racial inequities in home values: https://lnkd.in/eGbde7YN Junia is one of the innovators participating in the Valuing Homes in Black Communities Challenge. See all the promising innovations in the Challenge here: https://lnkd.in/e7pA4pwW
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Dr. Canaan Van Williams and the ProActive Real Estate Group, this is a fascinating update from the 2024 Innovative Housing Showcase! UMH Properties, in collaboration with the Manufactured Housing Institute and builders like Cavco Industries and Skyline Champion Corporation, is reshaping the landscape with their duplex HUD code homes. Similarly, under the visionary leadership of Dr. Canaan Van Williams, Proactive Realty Group has been pioneering the use of modular housing to create affordable housing solutions. This strategic move not only advances housing affordability but also introduces energy-efficient solutions, like solar shingles and battery packs, right from the factory floor. It’s a promising step towards more sustainable, affordable living spaces, especially in urban areas where increased density is crucial. #HousingInnovation #Sustainability #AffordableLiving
For the 2024 Innovative Housing Showcase, UMH Properties worked with the Manufactured Housing Institute, HUD, and homebuilders Cavco Industries and Skyline Champion Corporation to bring a pair of new duplex HUD code homes to the Capitol’s doorstep. Read more: https://lnkd.in/gtiQSwuU
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DIRECTOR FOR LIFE - California Association of REALTORS Broker / Owner🏆🔼 Empowering Family Legacies 🔗One Family At A Time👨👩👧👦 One Generation At A Time🔼 ELEVATING🔊ADVOCATING🎓EDUCATING for real estate goals 🎯
🏠 HUD Updates Regulations to Lower Housing Costs and Build Safe, Affordable Manufactured Homes! 🛠️ Celebrating 50 years of the Manufactured Home Construction and Safety Standards, HUD announces the largest updates in over three decades! These changes will modernize home features, boost consumer demand, and expand America’s affordable housing supply. 📈🏡 #AffordableHousing #HUD #ManufacturedHomes #HousingCosts #HomeUpdates #SafeHousing #HousingForAll #HomeConstruction #RealEstateUpdates #ModernHomes #HomeOwnership#aulanithemessenger
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Did you know the history of manufactured housing dates all the way back to 1908? 🏠 Learn more in the article from our valued partner ClaytonHomes Inc, a key supplier of homes in our communities! https://lnkd.in/g-tvqas5
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I love my single-family neighborhood. Why would you want to change its character? It's a question we get about our proposal to allow other types of housing in single-family residential zones. From the outside, new structures with multiple units would look like many of the large, multi-million-dollar houses already replacing the older, smaller homes being torn down. And keep in mind, we expect multi-unit housing would be built relatively slowly and piecemeal. Because most homes up for sale don’t make financial sense to tear down, Montgomery County typically sees only about 200 demolitions each year. So, these new multi-unit structures would be gradually sprinkled in, just as new luxury rebuilds are now. Learn more about our Attainable Housing Strategies: https://bit.ly/4dwyBiH
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6. 📈 Studies show that staged homes sell for 6-10% more than non-staged homes. Virtual staging can give you that edge! #HomeValue #VirtualStaging #silvercoasthomewise
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Uncover the pulse of Raleigh's housing market today! Explore the latest trends shaping the city's housing scene. 🏡📈 #homeinspectionnc #commercialinspectionnc #realestatenc #raleighrealestate #moldtesting #sewerscope #chapelhillrealestate #durhamrealestate #newhomebuyer #chosenhomeinspections #ncrealestateagent
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Great insights in The Real Deal from our very own Alexander Morsch! Explore the article to hear Alex dive into the latest consumer trends, Chicago's hottest new neighborhoods, and how favorable zoning is shaping developer decisions. https://lnkd.in/gw25-YxQ
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Moses has a good piece about the size and utility of homes and what’s selling. Rates have been as meaningful as a factor as family size for many years. Now that we’re in a more realistic fate environment, we expect multi generational housing (larger familial groups living under one roof) to re-emerge.
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President | Helping Apartment & SFR Investors Maximize NOI | AUM 200M+ | Oregon Principal Broker | Washington Managing Broker | Co-Host of Invest In the West Podcast | 20 Years in Real Estate.
Rather then make an impact on housing affordability (thus helping more Portlanders) the City of Portland is more interested in building trophy properties as if the laws of economics and sound stewardship of taxpayer money don’t apply to them. #cityofportland #portlandoregon #tedwheeler #mayorwheeler #portlandhousingbureau #affordablehousing #realestatedevelopment
Director of Market Intelligence @ HFO Investment Real Estate | "The market whispers before it shouts—listen closely.” | — Aaron Kirk Douglas & AI with GPT
PORTLAND SPENDS $14.4 MILLION SUPPORTING A $731,700 PER-UNIT AFFORDABLE HOUSING PROJECT Opinion by Aaron Kirk Douglas, HFO Investment Real Estate In a recent announcement that has stirred considerable debate, Portland revealed plans to allocate $14.4 million towards Albina One, a venture promising 94 affordable housing units. This investment is part of a broader $68.8 million undertaking, a staggering $731,700 per unit. Set against the backdrop of Portland's real estate market, where since 2014, the resell value of luxury Class A apartments averages around $333,000, the figures are particularly jarring. Albina One, though unprecedented in its costliness for affordable housing, is not the city's maiden voyage into high-cost housing investments. Similar endeavors include the Fairfield Apartments and the renovation of the Joyce Hotel, both characterized by shared kitchens and baths and unit costs that raise eyebrows and questions alike. Despite widespread agreement on the urgent need for affordable housing, Portland's fiscal strategy raises important questions. Given the pressing housing crisis, might the city not serve its residents more effectively by acquiring existing properties to maintain affordability? Repeated inquiries to the Portland Housing Bureau regarding potential purchases of more cost-effective properties have been met with disinterest, particularly toward Class B and C properties. These alternatives, constructed and sold since 2014, present a significantly lower average cost of $184,272 per unit, starkly contrasting with the city's current expenditures. Portland's citizens' commitment to affordable housing is evidenced by two voter-supported bond measures, anticipated to generate $911.2 million. Yet, an analysis suggests a more economical approach could drastically increase the number of housing units acquired. The potential impact could be magnified by redirecting funds towards acquiring market-rate or "workforce housing" units. I believe Portland should reconsider its affordable housing strategy. Encouraging partnerships with developers capable of building or selling at more modest prices, around $185,000 per unit, could substantially expand the city's capacity to address its housing emergency. It is high time Portland recalibrates its fiscal compass, directing its considerable resources toward solutions that promise broader, more immediate relief to its needy residents.