Six years after a deadly heat wave, Melbourne has adopted climate-change policies which include an initiative to do what might seem impossible: to reduce the central city’s average temperature by 7 degrees Fahrenheit (4 degrees Celsius) by 2030.
Establishing a long-term vision, conserving the city’s cultural heritage, optimizing land use, and integrating economic development are among some of the recommendations in a Urban Land Institute report on the future urban regeneration of Shanghai.
A ULI Advisory Services panel recommends ways to create a popular, green, indoor/outdoor space as an alternative to demolition.
The most important trend at this year’s International Builder Show is that the market for new-construction single-family homes in the United States is recovering, but it is still very far fully recovered.
The big housing news of 2015 so far has been the Obama administration’s announcement that the Federal Housing Administration (FHA) will reduce the annual premiums new borrowers pay for FHA-insured home mortgage loans by 50 basis points—a half percentage point. But what impact will that have on affordability?
Ferris wheels, roller coasters, and the Florida economy—they are all famous for their ups and downs.
A Boston convention authority develops universally adaptable structures as long-term assets that can transition from parking to retail, office, hotel, housing, and entertainment uses.
From 1971 to 2008, only five states passed legislation enabling land banks; but in the last six years, another eight have done so. As vacancies and blight have plagued parts of the United States still recovering from recession and the mortgage foreclosure crisis, so too has land banking grown. There are now some 120 land banks and land-banking programs in 13 states, with West Virginia joining the list in 2014.
The United States is undergoing a “pivotal period of demographic change” that will be as important to the 21st century as the baby boom was to the 20th century, according to William H. Frey, demographer for the Brookings Institution and author of Diversity Explosion: How New Racial Demographics Are Remaking America.
According to Trulia’s chief economist, U.S. home prices were 2 percent undervalued in the fourth quarter of 2014. But the most overvalued market in the country is now Austin, at 16 percent overvalue, followed by Orange County and Los Angeles in southern California. Nine of the 100 largest metro areas are 10 percent or more overvalued.