According to a recent report from RCLCO, home sales at America’s 50 top-selling master-planned communities surpassed the 2016 totals by more than 17 percent last year. The Villages in Central Florida’s 2,231 sales puts them in the top spot again, while California’s Irvine Ranch, with sales of 1,814, comes in at second place, followed by Florida’s Lakewood Ranch, with 1,206 total sales.Read More
Regulations addressing local conditions could spur new supply in the coming years, writes Diane de Felice, a shareholder at Brownstein Hyatt Farber Schreck.
The Federal Housing Authority (FHA) provided some news the housing industry can be thankful for this holiday season—an increase to loan limits across 3,011 counties. In particular, some of the markets that have faced the most rapid price appreciation over the past few years saw a sizable jump. Seattle saw the largest absolute value increase of $75,000 and a 13 percent change. Other notable year-over-year movers include Salt Lake City (8.4 percent), Minneapolis (7.3 percent), and Denver (7.2 percent).
At a panel discussion hosted by ULI Pittsburgh, experts highlighted the city’s interesting architecture, relatively affordable housing in walkable neighborhoods, and a strong outlook for the retail sector.
While the $1.5 trillion tax-cut bill passed by the U.S. House of Representatives is widely seen as beneficial for commercial real estate, one provision would eliminate a municipal financing tool that has been essential for housing, infrastructure, and industrial development investment for decades.
Modular units, virtual reality, rental homes, data-driven marketing—and even autonomous flying passenger vehicles—will transform master-planned communities in the coming years, a group of developers and marketers said during a panel discussion at the 2017 ULI Fall Meeting in Los Angeles.
American housing continues to evolve as new forms of shelter arise to meet changing demographics and consumer demands.
The United States is becoming more urbanized. Cities are becoming stronger. But millions of people are being left behind, unable to participate in the urban success, says Henry Cisneros, coauthor of a new ULI book on the topic.
With extensive parkland, trails, mixed uses, housing variety, and amenities, the county’s MPCs draw buyers from nearby—and across the sea.
National rents have barely moved through the entire peak rental season and into September, according to data from Yardi Matrix, marking the longest period of stagnation in recent history—four consecutive months. Coming in at $1,354 for the month of September, the average rent is only 2.2 percent higher than this time last year.