Tag Archives: housing challenges

A new report from Redfin revealed the typical U.S. home purchased in high-opportunity neighborhoods sold for an estimated $470,000 last year, nearly 40% more than the typical home in low-opportunity areas, as many of those neighborhoods continue to be gentrified, making them less affordable.

The Department has announced two new initiatives geared toward building new housing units, and providing tools for preserving and improving affordable housing nationwide.