Posts Tagged: housing

More Housing = Lower Rents

Washgton DC - Michael Key - The Washington Blade

It’s not rocket science: The more housing there is, the more affordable housing will be. In cities with growing populations, the degree to which the creation of new apartment units track with the increased need for additional rental housing is the difference between soaring prices and a stable market. D.C. has begun to prove this… Read more »

How To Make Expensive Cities Affordable For Everyone Again

Last week, we wrote about a new report from the California Legislative Analyst’s Office that found that poorer neighborhoods that have added more market-rate housing in the Bay Area since 2000 have been less likely to experience displacement. The idea is counterintuitive but consistent with what many economists theorize: Build more housing, and the cost… Read more »

SF Planners Recommend Approval of Housing Slated for Castro funeral home

As expected, San Francisco planners are recommending approval of a mixed-use redevelopment project that would incorporate a Castro funeral home building. At its February 11 meeting, the planning commission is expected to vote on the Prado Group’s revamp of Sullivan’s Funeral Home at 2254 Market Street and its adjacent parking lot. The developer has proposed… Read more »

16 Predictions for New York City’s Housing Market in 2016

The year 2015 was all about records: new heights for sales prices, rentals … and the number of applications to affordable housing lotteries. But the market began to shift late in the year: sales price growth cooled, and landlords offered more concessions amid rising vacancies for rentals. Both are trends some brokers predict will continue…. Read more »

San Francisco’s Millennials Can Afford Just 135 Square Feet For Housing

The typical San Francisco millennial can only afford to buy 135 square feet of housing, the lowest buying power in the country, according to personal finance company SmartAsset. Despite the city’s strong job growth and its reputation for well-paying tech jobs for young engineers, wages haven’t kept up with soaring property values. This year, San… Read more »

Seattle Housing Shortage Worst in a Decade

King County is experiencing the worst shortage of homes for sale in more than a decade, driving prices higher and keeping more would-be buyers in apartments. The median price of single-family homes sold last month in King County was $499,950, a 13.6 percent increase over the past 12 months, the Northwest Multiple Listing Service reported… Read more »

Downtown Phoenix Housing Boom Finally Underway

Downtown Phoenixs long-awaiting housing boom is finally here. More than 20 apartment and condominium developments are going up across the city’s core. The urban projects range from penthouse condos at Portland on the Park next to Margaret T. Hance Park to 500-square-foot micro apartments near Roosevelt Row. The old Quality Inn next to the Phoenix… Read more »

Pros and Cons of Micro Units

When it comes to living in the city, when is too small considered way too small? For many, confined living was limited only to a shared dormitory experience while attending university or for that brief time when first moving to the city. However, with demand for living in the District rising, there has been an… Read more »

Amendment Passes to Add HUD Non-Discrimination Provisions

Late last night, U.S. Congressman Scott Peters (CA-52) proposed an amendment on the floor of the U.S. House of Representatives calling for LGBT equality and non-discrimination provisions in federal transportation and housing programs. The amendment passed with bipartisan support on a 241-184 vote. “No American should be fired or denied a job or place to… Read more »

LGBT Anxiety About Retirement is High

An aging lesbian, gay, bisexual and transgender population in the U.S. faces anxieties about retirement that are significantly greater than other Americans who are nearing retirement. That is according to a survey by the Services and Advocacy for Gay, Lesbian, Bisexual and Transgender Elders (SAGE) that polled 1,857 LGBT Americans and 519 non-LGBT Americans and… Read more »

India State Sets Aside Housing for Trans Citizens

In a first for India, Chhattisgarh state has set aside a 2% housing quota for its estimated 3,000 transgender residents. The move comes nearly a year after the Supreme Court recognized transgender citizens as third gender. In its ruling, the apex court directed governments to provide transgender people with quotas in jobs, education and basic… Read more »

Fun With Housing Statistics

Statistics are fun. This week we’re looking at American preferences for their living quarters, and you may find the results a bit startling. First, the homeownership rate. Our research tells us that the rate of Americans who own their homes is somewhere between 56 percent and 67 percent, with different surveys quoting slightly different rates…. Read more »

New San Francisco Rule Would Expose LGBT Housing Discrimination

San Francisco’s planning commission is backing a proposed rule that would require national developers wishing to build residential projects with 10 or more units in the city to disclose if they prohibit LGBT discrimination. The commission voted 5-0 at its meeting this afternoon (Thursday, July 10) to support the proposal, known as the LGBTQ Equal… Read more »

Pace of US Housing Sales Slows in July

Redfin (www.redfin.com), the technology-powered real estate brokerage, today issued its Fastest Markets Report for July 2013. Home-selling speeds fell for the third month in a row as the market continues to rebalance after an extremely competitive spring season. In today’s report, Redfin also ranks 23 markets across the country ordered by the percentage of homes… Read more »

Florida Condo Board Reverses Course, Will Allow Same Sex Couples

A Florida condominium association is reversing a policy that allowed only singles and husband-and-wife couples to buy or lease units in the complex after an uproar from gay rights activists. The Casa Di Amici Condominium Association Inc. held a special meeting Thursday to amend the rule previously approved on July 17, reported the Sarasota Herald-Tribune…. Read more »

Getting Back on the Housing Horse After a Foreclosure

Getting back into the real estate market after having been burned by a foreclosure isn’t easy, financially or emotionally. Realtor Hedy Goldman at SDGLN offers some tips: Just because you’ve gone through foreclosure, bankruptcy or have a poor credit history does not mean that you cannot buy a home. People in these situations buy homes… Read more »

Juneau’s Housing Among Nation’s Least Affordable

Its tough to buy a home by oneself in Juneau’s current housing market. On average it takes more than one-and-a-half incomes to purchase a home in Juneau as of 2011, according to the Alaska Department of Labor and Workforce Development. In comparison, the state-wide average is one-and-one-third incomes to buy a home. Alaskans who live… Read more »

Kansas Housing Market Expected to Show Growth in 2013

REMI issued its observations on a study released recently by researchers at Wichita State University forecasting substantial growth for the housing market in 2013, asserting that it would help real estate sellers in the area as the prices and demand grow into the coming year. Economic researchers at the University of Wichita released a forecast… Read more »

HUD Announces New Regulations to Protect LGBT Renters

U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan announced today new regulations intended to ensure that HUD’s core housing programs are open to all eligible persons, regardless of sexual orientation or gender identity. Donovan previewed the announcement at the 24th National Conference on Lesbian, Gay, Bisexual and Transgender (LGBT) Equality – Creating Change. View… Read more »

US: HUD Launches Campaign Against Gender Stereotyping in Housing

Though federal fair housing laws don’t protect against anti-LGBT discrimination, the Department of Housing and Urban Development has launched a campaign to protect against discrimination on the basis of gender stereotypes. The effort is part of HUD’s “Live Free” campaign that will run through the year in print ads and online initiatives. Passed in 1968,… Read more »