Governor Hochul Announces More than $390M to Build More than 1,600 Affordable, Efficient and Supportive Homes

Governor Hochul Announces More than $390M to Build More than 1,600 Affordable, Efficient and Supportive Homes Governor Kathy Hochul today announced more than $390 million has been awarded through bonds and subsidies to create or preserve more than 1,600 affordable, sustainable and supportive homes across the state. Read More Governor Hochul https://www.governor.ny.gov/news/governor-hochul-announces-more-390-million-financing-build-more-1600-affordable-and-supportive

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Fannie Mae Selects Five Proposals to Help Advance Racial Equity in Housing through $5 Million Innovation Challenge

Fannie Mae Selects Five Proposals to Help Advance Racial Equity in Housing through $5 Million Innovation Challenge Fannie Mae announced the selection of five organizations to receive deliverable-based contracts under the Sustainable Communities Innovation Challenge, a nationwide competition to help advance racial equity in housing. Read More Fannie Mae https://www.fanniemae.com/newsroom/fannie-mae-news/fannie-mae-selects-five-proposals-help-advance-racial-equity-housing-through-5-million-innovation

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Oregon Eyes Housing, Focusing on Energy Efficiency

Oregon Eyes Housing, Focusing on Energy Efficiency State Rep. Pam Marsh said most of the upcoming legislation for new and existing buildings will come from recommendations made by the Resilient Buildings Task Force, a committee made up of legislators and a… Read More OPB https://www.opb.org/article/2023/01/20/oregon-climate-change-energy-efficient-housing-green-renters-government/

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Florida Home Values Rose More Than Every Other State in 2022

Florida Home Values Rose More Than Every Other State in 2022 The average value of a Florida home, per the most recent publicly available data measured in December 2022, was just under $405,000 — That’s up more than $56,000 from $345,305 in January 2022. Read More WFLA https://www.wfla.com/news/florida/florida-home-values-rose-more-than-every-other-state-in-2022-data-shows/

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1/24/2023 – MetroIntelligence Economic Update by P. DUFFY

MetroIntelligence Economic Update by P. DUFFY Existing home sales slip for 11th straight month, but median sales price still up 2.3 percent year-on-year Existing-home sales faded for the eleventh straight month to a seasonally adjusted annual rate of 4.02 million. Sales waned 1.5% from November and 34.0% from one year ago. The median existing-home sales price climbed 2.3% from the previous year to $366,900. Existing-home sales totaled 5.03 million in 2022, down 17.8% from 2021, as last year’s rapidly escalating interest rate environment weighed on the residential real estate market.…

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