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Boston suburb works to comply with new state multifamily construction law

Housing Wire

The town of Newton, Massachusetts is working to comply with a new state law that requires the construction of new multifamily housing units in areas served by public transit, according to reporting from the Boston Globe. Some apartments have been constructed in recent years, but the construction level has been low.

Law 370
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The Proposed NYC "Pied-A-Terre Tax" Looks Catastrophic to NYC Real Estate

Miller Samuel

Andrew Cuomo's office suggested last week that such a levy might reap $9 billion for the moribund Metropolitan Transportation Authority over the next decade and Assembly Speaker Carl Heastie reiterated his chamber's support proposal at a Crain's breakfast forum days later. Mayor Bill de Blasio gave it his blessing as well.

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How to Conduct the Most Effective Columbus, Ohio Property Search

The Robert Weiler Company

Tip 4: Tap into Transportation. If you think you’ve found a great area that passes all of the aforementioned criteria, now it’s time to look into transportation. As a general rule of thumb, the more transportation options available, the more potential there is for future growth in the area. from 2010 to 2020.

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Appraising Factory-Built Houses

Appraisal Today

For example, certain houses can be constructed for 50% less than a similar-sized site-built home, making quality housing more affordable for thousands of Americans. Factory-built house is a term that refers generally to a number of house types that are constructed or fabricated, at least in part, off site.

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Expectations for 2023 in Seattle/King County Real Estate

Will Springer Realtor

Fuel to fill our vehicle gas tanks and to transport goods weigh heavily on inflation; 18% of the Consumer Price Index is for transportation costs – the second largest component of the CPI after housing/shelter (42%). Locally, permits for single- and multi-family home construction are down about 20% from this time last year.

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PARKING AND THE IMPACT ON CLIMATE CHANGE

Will Springer Realtor

A builder could also agree to install more bike storage or pay a fee-in-lieu to fund public parking and transportation infrastructure that serves the entire neighborhood. Yun offers a silver lining: “I expect the pace of price appreciation to slow as demand cools and as supply improves somewhat due to more home construction.”.

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Millennials Expected To Maintain Real Estate Buying Intensity

Will Springer Realtor

The narrow area known as Westlake, just west of Lake Union (and, notably, close to Facebook, Google and Amazon offices), has seen the number of people aged 25-34 double from 2010 to 2019 and now comprise 52% of its residents. Now, home builders would need to construct as many as 1.2 We are on the right track. million units.