While wages have risen 15.7% in the same time frame, they haven't kept pace with borrowing costs.
In July, inventory saw small gains in some counties, but the market is still tight overall.
The analysis projects substantial traffic growth in the corridor over the next 30 years, due both to proposed development and long-term population trends.
In terms of setbacks, Boone noted that the project offers setbacks that are anywhere between 650% to 2,000% greater than the setback requirements by the town.
The expiration of federal vouchers and the city’s transition to state and local replacements make this a pivotal moment for housing policy.
Home prices have been rising faster in the Midwest, due to affordability, and the Northeast, due to limited inventory.
The Out of Reach report found that the cost of housing in the Hudson Valley continues to rise faster than wages for renters and buyers.
The next major regulatory milestone for Vanderbilt is receiving approval from the New York Board of Regents to provide academic programming on the campus.
Newton brings a unique blend of legal acumen and industry insight during a critical time of transformation for NAR and its members.
An award-winning agent licensed in New York and Connecticut, Caiola has closed more than $15 million in sales
Westside Party Rentals, which is located next door to the Barrie House Coffee building, purchased the property for expansion of its operations.
Twenty-five percent of NAR members cited housing affordability as the biggest hurdle for potential homebuyers—topping the long-standing concerns about inventory and property availability.
HGAR’s Hawkins-Syska told the gathering that the raising of the SALT Cap to $40,000 “is a big win for our communities.
This deepening crisis means that without interventions aimed at significantly ramping up affordable housing supply, the city's affordability gap could linger for generations.
Construction is scheduled to begin in the first quarter of 2026 with production operations anticipated to start in January 2027.
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