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Florida theme parks creating more housing for employees

Housing Wire

For Universal Studios employees, the owners of the park are seeking to construct a 1,000-unit mixed-use development slated to open in 2026 that would promise a short commute to the Universal Orlando Resort, which is also aiming to open a full-scale third theme park called “Epic Universe” next year.

Tenants 372
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Real estate on the ballot: Here’s what passed at the state level

Housing Wire

Several state-level real estate initiatives and urban development policies were voted on in the Nov. The passing of Referendum A exempts Habitat for Humanity and similar charities in Georgia from paying taxes on parcels under development if the purchasers receive interest-free loans. Georgia : Referendum A passes.

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Apartment Construction Projected to Reach Historic Highs in 2024

Appraisal Buzz

By the end of 2024, developers plan to have completed an astounding 518,108 rental units, a startling 30% more than in 2022 and 9% more than in 2023. Moreover, 47% of the 369 metro areas under study are probably going to develop more in the upcoming five years than they did in the years between 2019 and 2023.

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How 7% mortgage rates will change housing for a decade

Housing Wire

Most people didnt notice this growing lock-in effect as it was developing in the mid 2010s, but it was well under way. If mortgage rates stay elevated into 2026, we could easily see inventory grow back to 1 million homes or more levels that we used to consider normal a decade ago.

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Fannie Mae Enhances Its Expanded Housing Choice Program

Appraisal Buzz

Department of Housing & Urban Development (HUD) Housing Choice Vouchers (HCVs). The HCV program helps very-low-income families, senior citizens, and people with disabilities afford stable and quality housing in the private market.

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CFPB Finalizes Personal Financial Data Rights Rule

Appraisal Buzz

and the CFPB will be developing additional rules to address more products, services, and use cases, which are expected to boost competition by giving people more freedom to switch banks or providers and shop around for the best deal. This is the CFPB’s first significant rule to accelerate responsible open banking in the U.S.,

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Which Markets Are the Nation’s Renters Targeting?

Appraisal Buzz

In addition, mixed-use developments are bringing in new apartments, retail, and public spaces, while older buildings are being converted to residential spaces through adaptive reuse projects.

Marketing 397