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  2. Pros and cons of new-construction homes - AOL

    www.aol.com/finance/pros-cons-construction-homes...

    These incentives — especially if they get the buyer a lower interest rate — could make a new-construction home more affordable in the long run. Cons of new construction Longer timeline

  3. Affordable housing in the United States - Wikipedia

    en.wikipedia.org/wiki/Affordable_housing_in_the...

    A new apartment building under construction in St. Louis Park, Minnesota, called Via Sol by PLACE (Projects Linking Art, Community and Environment). The development project is a "mixed-use, mixed-income creative community" along the Highway 7 frontage road near the Southwest Light Rail (SWLRT) Wooddale Station, with 217 apartment units ...

  4. Housing crisis in the United States - Wikipedia

    en.wikipedia.org/wiki/Housing_crisis_in_the...

    After the COVID-19 pandemic, some baby boomers whose children have moved away have found it prohibitively expensive to move into smaller homes, a paradox caused by the higher prices of newer homes, tax benefits given to long-time owners, higher interest rates, and low supply of appropriately-sized housing caused by restrictive zoning that ...

  5. Existing home sales in 2024 hit their lowest level since Val ...

    www.aol.com/finance/existing-home-sales-2024-hit...

    Sales of existing homes last year hit the lowest level since 1995, according to data from the National Association of REALTORS. Yep, the annual pace of U.S. existing home sales hasn’t been this ...

  6. Housing costs are at record highs — and so is homelessness ...

    www.aol.com/finance/housing-costs-record-highs...

    Initiatives like the Minneapolis 4D Affordable Housing Incentive, which offers property tax reductions, have also motivated property owners and builders to prioritize low-cost housing.“Cities ...

  7. Affordable housing - Wikipedia

    en.wikipedia.org/wiki/Affordable_housing

    In Australia, the Victoria state government revealed plans to build 800,000 new homes over a decade from 2024 to help fix the housing crisis. However, Dr Duncan Maxwell, director of Monash University’s Future Building Initiative, has shown concerns that Victoria's construction workforce is too small for the state government to meet its ...

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