Efforts to use this digitized data for urban development must also keep in mind how this sort of data has been used historically. A new post from David Luberoff, Deputy Director of the Joint Center for Housing Studies at Harvard University, dives into the concept.
Read More »Manufactured Housing May Be Viable Answer to High Real Estate Prices
“When factoring in the median value of a finished lot, the cost of manufactured housing relative to site-built falls to 54% for single-section homes, 70% for double-section, and 80% for CrossMods. As such, we suggest that manufactured housing may be most attractive in markets with lower land costs, but still offers savings regardless of land cost,” said Chadwick Reed of the Joint Center for Housing Studies at Harvard University.
Read More »Study: Black Renters Struggled Most With Housing Payments During Pandemic
A new report from the Joint Center for Housing Studies revealed Black, Hispanic, and Asian households were far more likely than white households to fall behind on housing payments during the pandemic. Black renters were most vulnerable, with one in four reporting being behind on rent in 2020.
Read More »Rising Rent Leaving Renters Little to Work With
“Falling incomes and rising rents during the pandemic eroded affordability once again, leaving renter households with less residual income,” the JCHS said.
Read More »Declining Incomes, Rising Costs Put Pressure on Homeowners
According to newly-released Census Bureau data, more homeowners and renters than ever are cost-burdened, paying more than 30% of their monthly income on rent.
Read More »How Digitalization Is Transforming Residential Real Estate
The number of investors using digitalization to buy newly available single-family homes is growing, as a new report from the Joint Center for Housing Studies shows how the use of data analytics is transforming how residential real estate is bought and sold.
Read More »Low-Income Homeowners Face Significant Challenges After A Disaster
Disasters have been making headlines recently after a pair of hurricanes—Fiona and Ian—caused damage in the territory of Puerto Rico and from Florida up the East Coast, but ...
Read More »New Mortgage Payments Up $800 YoY
It’s no secret that the combination of rising home prices along with a trend of increasing interest rates have made buying the typical single-family home much more expensive, if ...
Read More »Housing Problems Faced by America’s Seniors
According to a new report by the Joint Center for Housing Studies, seniors are already experiencing housing woes, and that number is only set to grow as more Baby Boomers come of age.
Read More »Black Renters in ‘Harsh’ Situation
The fact that housing and mortgage rates have done nothing but rise over the last year has hampered affordability across the board, but the impact on Black renters ...
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