by Robert Smith | Sep 22, 2025 | Housing Market, National Association of Homebuilders, Real Estate News
✅ Key Takeaways Mandated energy codes can add substantial upfront costs to new homes (e.g., 2021 IECC), which reduces affordability for entry-level buyers. Energy choice matters: allowing multiple fuel/appliance options helps builders meet budgets and buyers’ needs...
by Robert Smith | Sep 4, 2025 | Real Estate News, Housing Market, Housing Statistics, National Association of Homebuilders
Key Takeaways: New-Home Affordability in Central & Western NY (2025) Syracuse (Onondaga County proxy): The median new home is $516,253; income needed is about $185,280. Roughly 89.2% of households cannot qualify. Rochester: Median new home $559,998; income needed...
by Robert Smith | Jul 31, 2025 | Real Estate News
Key Feature Details Bill Name Renewing Opportunity in the American Dream (ROAD) to Housing Act of 2025 Sponsors Sen. Elizabeth Warren (D-MA) and Sen. Tim Scott (R-SC) Total Funding $250 Billion Main Goals Increase housing supply, lower costs, expand modular housing...
by Robert Smith | Jul 29, 2025 | Uncategorized
Key Points Homeownership Rate Drops: National homeownership fell to 65.0% in Q2 2025—the lowest since 2019, per NAHB data. Younger Buyers Affected Most: Ages 35–54 saw the largest declines in ownership. Under-35 buyers dropped to 36.4% ownership. More Renters, Fewer...
by Robert Smith | Jul 19, 2025 | Real Estate News, Uncategorized
Feature Details Bill Name Housing for U.S. Act Funding Source $250B from Fannie Mae & Freddie Mac sale Target Income Up to 150% of Area Median Income (AMI) Housing Units Up to 3.5 million Labor Requirement Union labor Long-Term Use Deficit reduction after 10 years...