Tag: Affordability
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Denver Faces Housing Shortage, Ranks 15th in Demand for Homes
Denver has emerged as one of the cities grappling with a significant shortage of available homes, according to a recent report by Zillow. The study identifies Denver among the top 50 metro areas with the highest demand for housing, where the number of missing homes exceeds available units for rent or sale. Understanding the Concept…
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Housing Market Heating Up in Hampton Roads
As warm weather settles in, the housing market in Virginia is experiencing a surge, particularly in the Hampton Roads area. Virginia Realtors have noted a significant increase in home sales, marking the highest surge in nearly three years during the month of April. Surge in Home Sales According to a report by Virginia Realtors, April…
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Internet Affordability Program Nears Expiry, Threatening Access for Arizonans
As the Affordable Connectivity Program (ACP) faces depletion, thousands of Arizonans brace for potential increases in internet costs, posing a significant challenge to low-income households’ access to online resources and opportunities. Program Overview The Affordable Connectivity Program, established through a U.S. Congress infrastructure bill in 2021, aimed to alleviate the financial burden of internet access…
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Expensive Housing Market Forces Renting Trend in San Diego
In recent years, the soaring costs of homeownership have driven many individuals towards the rental market, particularly in the United States. San Diego, known for its picturesque landscapes and vibrant culture, has emerged as the most unaffordable metro area in the nation for the 2023-2024 period, as reported by U.S. News & World Report’s real…
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Housing Market Sees Surge in February Sales
WASHINGTON (TLNA) — Existing home sales surged in February, marking the highest rate in a year, as increased supply began to alleviate the market’s strain caused by high rates and low inventory, which had driven up home prices and monthly mortgage payments. Sales Soar Amid Supply Increase The National Association of Realtors reported a 9.5%…
