To allow a 125-home development on 30 acres in Tassajara Valley, the Contra Costa County Board of Supervisors on Tuesday voted 4-1 to stretch the urban limit line east of Blackhawk that voters set in 1990. Developers have long sought to build homes there, and the latest proposal — by FT Land, LLC — swayed
Tag: Housing
Check out what’s clicking on FoxBusiness.com. The U.S. housing market is still not “buyer friendly” although, after a whirlwind year, it’s finally heading in that direction, according to industry experts. According to Realtor.com chief economist Danielle Hale, the July housing market is still “demanding quick decisions and top dollar” from buyers. However, Hale projects that
Cyclists pass homeless encampments along the bike path in the Venice Beach area of Los Angeles on Wednesday, July 7, 2021. Photo: Jim Ruymen/UPI/Shutterstock “The first thing I want to say is that there are hundreds and hundreds of people who live in Venice who support what we’re doing,” says Becky Dennison, executive director of
SAN JOSE — Two veteran home builders will develop new residences on different sections of the current site of a huge San Jose mobile home park. Texas-based developer Hanover Co. will build hundreds of apartments and Georgia-based Pulte Homes will build hundreds of for-sale houses on the site of Winchester Ranch Mobile Home Park in
Even in the robust pre-pandemic economy, housing experts say there was trouble brewing that presaged the current boom in housing prices, with lower-income and first-time homebuyers in particular facing rising hurdles to homeownership. “One of the most prominent housing issues in pre-pandemic America was supply shortages,” said Matthew Murphy, executive director of the Furman Center
As the City of New Bern starts work on a redistricting plan, the Board of Aldermen looked at all of the residential developments currently under review or under construction at its June 29 meeting. From 2012, New Bern’s last redistricting, to 2020 the City issued 1,794 housing permits, both single-family and multi-family. As the housing stock dwindled
It might sound surprising — with sky-high home prices, lumber shortages, and bidding battles in seemingly every corner of the country — but the U.S. has been on a bit of a homebuilding tear. Single-family home starts topped the million mark last year, the first time that’s happened since 2007, and apartment construction is approaching levels
It’s apparent to any motorist that the Ocean Shores housing market is booming when driving down the two main drags in town, Ocean Shores Boulevard and Point Brown Avenue. Dozens of new builds in various stages of completion, from newly-cleared lots, to partial and full foundations, to frames and newly completed homes. “It’s something, isn’t
Realtor Sam DeBianchi gives an update on the ongoing ‘feeding frenzy’ in the housing market and explains how prospective buyers can still find inventory. America’s red-hot housing market shows no signs of cooling off with home prices rising by a record-breaking annual rate of 17.2% in March, according to the National Realtors Association. As demand
As the supply of existing homes for sale continues to dry up, it’s perhaps no surprise to learn that newly built homes are making up larger proportion of housing inventory in the U.S. With builders now trying to ramp up production where possible, newly constructed homes accounted for 25.7% of all single-family homes listed for