Construction Maison

Is NYC going through an affordable housing crisis ? To get a better understanding of the city’s rental market, RentHop compared median rents for a two-bedroom apartment in various parts of the city to the most recent median income data available at the neighborhood level. It turns out that just nine out of the 139 neighborhoods included in the study had median asking rents that could be afforded with 35 percent of the neighborhood’s median income. RentHop added an additional 5 percent to the recommended affordability of 30 percent to make room for the income growth that has taken place since the Census data was released. The map above shows the median asking rent of two-bedroom apartments in neighborhood tabulation areas (NTAs) across New York City and how that relates to the income of those neighborhoods. Darker shades of red indicate lower affordability , while the few green areas indicate that median asking rents are within reach for the neighborhood’s median household income . M...

Falcon Ridge Apartments are near the Talons Pointe Apartments ." alt="Located on Soaring Circle, Falcon Ridge Apartments are near the Talons Pointe Apartments ." style="border: 0px;" /> Located on Soaring Circle, Falcon Ridge Apartments are near the Talons Pointe Apartments . ( Scott A. Rowan / Estes Park Trail-Gazette ) Correction Falcon Ridge Apartments provide one-, two- and three- bedroom apartments for local families." alt="The Falcon Ridge Apartments provide one-, two- and three- bedroom apartments for local families." style="border: 0px;" /> The Falcon Ridge Apartments provide one-, two- and three- bedroom apartments for local families. ( Scott A. Rowan / Estes Park Trail-Gazette )             In a story that was published in the Trail-Gazette on Wednesday, July 20, it was incorrectly reported that the Estes Park Town Board will ...

Construction is to start next week on a $ 24 million apartment complex near Southridge High School in Kennewick. The 232- unit Copper Ridge Apartments will be on the southwest corner of Southridge Boulevard and Hildebrand Road. Darin Davidson, managing partner of the Inland Group of Spokane, said the company hopes to offer quality, affordable housing for the general work force . The area's low vacancy rate has pushed rents higher , Davidson said. "A lot of people have been priced out of quality, clean housing because of supply and demand," he said. The Tri-Cities' apartment market has been operating at an almost unprecedented vacancy rate of 1 percent to 2 percent for a couple of years, according to real estate experts . In September, 97 percent of Kennewick and Pasco apartments were occupied, while in Richland, there was 95 percent occupancy, according to the most recent survey by Kennewick's Crown Property Management . Davidson said the company saw a nee...

SEATTLE, Aug. 24, 2017 /PRNewswire/ -- Home values are setting new records in about half of the country's largest metros, and the national median home value is now $4,100 more than it was in April 2007, just before the market crashed , according to the July Zillow® Real Estate Market Report(i). Home values in Denver, Dallas and San Jose have appreciated most beyond the previous record-highs set at the peak of the housing bubble in the mid-2000s. Homes in Denver are almost 60 percent more valuable now than during the bubble, increasing from a median home value of $235,900 in April 2006 to a current median home value of $371,100. When the housing market crashed , home values plummeted and it has taken about 10 years for home values to reach new record highs. Strong labor markets and steady income growth have pushed up home values in the nation's hottest markets more quickly than in others. Among the 35 largest housing markets , 15(ii) have higher median home values than ...

Surveys shows rents increasing 9.4 to 20 percent in last year By Simone Jasper sjasper@mrt.com Updated 1:03 pm, Wednesday, August 9, 2017 average occupancy rate in Midland is 98 percent, compared to 89 percent in July 2016, according to the PBAA survey. Photo: Justin Sullivan, Getty Images" class="landscape" /> average occupancy rate in Midland is 98 percent, compared to 89 percent in July 2016, according to the PBAA survey." src="src" /> Photo: Justin Sullivan, Getty Images Image 1 of / 1 Caption Close Image 1 of 1 The average occupancy rate in Midland is 98 percent, compared to 89 percent in July 2016, according to the PBAA survey. The average occupancy rate in Midland is 98 percent, compared to 89 percent in July 2016, according to the PBAA survey. Photo: Justin Sullivan, Getty Images Midland rents jump from last summer Back to Gallery Rents in the Midland market have increased compared to last year, according to a Permian Basin Apartm...

As teachers, cooks, cashiers, and bus drivers are being priced out of Charlotte, one question looms: How does a growing, thriving city in modern America keep housing affordable for its working-class citizens? By RACHEL JONES Published: 2017.08.23 06:21 AM Jacqueline Ingram (middle) works full-time at the Ross Dress For Less distribution center in Rock Hill. But in this booming region, her salary isn’t enough to comfortably buy a home for her and her kids, 12-year-old Nya and five-year-old Rejonee. PHOTOS BY ANDY MCMILLAN ONE RECENT SUNDAY AFTERNOON , Jacqueline Ingram and her two daughters explore an empty four-bedroom house for sale on a Brianna Way cul-de-sac in southwest Charlotte , filling it with their dreams along the way. “This one is mine,” 12-year-old Nya says of an upstairs bedroom with a view of the Clanton Park neighborhood . “I could put my chest over there, and my table there.” As five-year-old Rejonee sprawls out on the carpet in the room across the hall, In...

There’s a big demand for more affordable housing in Charlotte, where rents and home prices have shot up much faster than wages over the past few years. Many of the apartments being built now target more affluent renters, waitlists for housing vouchers are long and starter homes are snapped up almost immediately. So why aren’t developers building more affordable housing ? That was one of the main questions at a candidate education panel hosted by the Greater Charlotte Apartment Association on Friday, where about two dozen candidates for Charlotte City Council turned out to learn some of the basics on a complicated subject. “ Affordable housing is one of the topics you’ll talk about a lot,” Bryan Holladay, who supervises the group’s government affairs outreach , told the candidates. The subject is an alphabet soup of acronyms (like NOAH, or “ Naturally Occurring Affordable Housing ”) and overlapping terms and definitions. Sometimes when people say “ affordable housing ” they mean go...

"); } if ($(imageDivId).length == 0) { $("#wrapper").after(contentText); } })(jQuery); BREMERTON, Wash. - Crystal Turner stood in the kitchen of her cramped apartment and stared at the cracks in the fake wood flooring beneath her feet. Surrounding her was the home she'd made for herself and her two sons in the past year, since they moved out of her Toyota Camry and into Admiral Manor, a low- rent apartment complex in west Bremerton . There was the single bedroom with two kids' beds on the floor. The living room she'd decorated with signs that said "Hope" and "Love." A dingy bathroom with a leaking toilet that had never been fixed. In this undated photo, Matthew Daigneault pushes his son Aden as he plays outside on the swings of his rental home in West Bremerton , Wash. (Larry Steagall/Kitsap Sun via AP) © 2017 Cox Media Group . Admiral Manor wasn 't the place Turner, a recovering addict, wanted to raise her boys. It was the place...