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Report: HOA Fees On the Rise 

Appraisal Buzz

Homes like condos, townhouses and new construction single family homes in neighborhoods with ample amenities are more likely to have an HOA fee. of newly constructed homes listed on Realtor.com had a monthly homeowners association dues, compared to 37.1% In 2024, 69.9% of pre-existing properties. In 2024, only 33.6% of condos for sale.

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Opinion: The “profitless boom” in residential construction

Housing Wire

The residential construction industry is facing a crisis as builders manage the critical shortage of building materials and labor. Many people are referring to this time as a ‘profitless boom’ for the building industry. The post Opinion: The “profitless boom” in residential construction appeared first on HousingWire.

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Biden to call for first-time homebuyer tax credit, construction of 2 million homes

Housing Wire

In the address, the president will call for a $10,000 tax credit for both first-time homebuyers and people who sell their starter homes; the construction and renovation of more than 2 million additional homes; and cost reductions for renters.

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California Wildfires Cripple LA New Housing Supply  

Appraisal Buzz

Approximately 200,000 of Los Angeless 905,000 apartment units are spread throughout smaller multifamily buildings with two to four units, referred to as duplexes, triplexes, or quads. The amount of dwelling units constructed in Los Angeles throughout the last three years provides a more concrete understanding of the devastation.

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The Altadena story, from Jackie Robinson’s home to ground zero

Housing Wire

The Civil Rights Movement changed that reality and sparked a phenomenon known as white flight, referring to the mass exodus of white residents from a particular area. The construction of Interstate 210 (aka the Foothill Freeway) through the northwest neighborhoods of Pasadena displaced about 3,000 Black residents in the 1950s.

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Is there a housing inventory ‘silver tsunami?’ Not where it’s needed

Housing Wire

The second is in reference to housing inventory. In addition to promoting denser construction, removing barriers to homeownership that arent related to income credit assistance programs, down payment assistance or help with closing costs, for example would likely improve access to homeownership.

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Portrait of a pre-foreclosure peacemaker

Housing Wire

That homeowner over the years has referred 10 refinancing opportunities to Sandoval. The sharks are circling now,” she said, referring to the predatory pre-foreclosure players who may try to buy at a lowball price or offer the homeowner a too-good-to-be true solution that leaves them worse off. “As

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