Municipal Policies, Racial and Economic Disparities Undermine Housing Affordability, Report Finds
Municipal policies and historical economic and racial disparities contribute to a lack of housing affordability in Florida cities, a report commissioned by the Florida Apartment Association (FAA) has found. The need for access to stable, affordable housing has become more apparent than ever during the COVID-19 crisis, and will remain a critical issue post-pandemic. The problem, however, … Continue reading Municipal Policies, Racial and Economic Disparities Undermine Housing Affordability, Report Finds Continue Reading
California’s housing market continued to improve in August as home sales climbed to their highest level in more than a decade as the median home price broke last month’s record and hit another high, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today. Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted annualized rate of 465,400 units … 
Yardi® Aspire users can access learning content focused on energy with a new set of courses created by the Institute of Real Estate Management (IREM). The new, innovative content from IREM bolsters property management strategies for energy management and other sustainability initiatives. The five courses offer more than six and a half hours of total learning time. Aspire users … 
Rent collection in affordable housing continues to lag as the pandemic wears on, according to the latest report from Proptech firm MRI Software (“MRI”). Year-over-year collection rates in public housing remain comparatively high. Meanwhile, tenants in both sectors are staying in place. MRI’s report compiles data from more than 1.5 million affordable and public housing units throughout the U.S. … 
BBVA USA has launched a sustainability-focused commercial real estate loan for clients across its footprint, marking a milestone in the bank’s new 5-year strategic plan implemented in January 2020. The loan is designed to help small business owners with closing costs related to the purchase of commercial real estate, provided the property meets certain environmental sustainability standards. The … 
ATTOM Data Solutions, curator of the nation’s premier property database and first property data provider of Data-as-a-Service (DaaS), today released its second-quarter 2020 U.S. Home Flipping Report showing that 53,621 single-family homes and condominiums in the United States were flipped in the second quarter. Those transactions represented 6.7 percent of all home sales in the second quarter of 2020, …