All Star Home Solutions LLC’s Post

Can tiny homes priced under $20,000 be the affordable housing solution everyone’s looking for, or are they a risky bet for both buyers and investors? These low-cost options promise accessibility, but hidden challenges could turn affordability into a costly gamble. Uncover the surprising truths about tiny homes in today’s housing market and what they mean for you as a consumer or investor. Don’t miss this deep dive: Can Tiny Homes Deliver on Affordable Housing? Read here: https://buff.ly/40T4pLi

993%. That is the increase in municipal charges over the past 14 years for Toronto developers against overall inflation of 41% per Mike Moffatt, PhD's report. It is a widely held belief, backed by our data, that Canadian home affordability is largely driven by lack of supply against our own historical numbers and all other G7 countries. We need responsible policies that create the harmonization of municipal support and private sector viability. #proptech #housingsupply #realestate

We are at a stalemate: developers can’t pencil out projects because rates are high and the fed can’t lower rates because rents are too high. Either we get used to lower yields and high cost of capital, or we will continue to have an insufferable housing environment…

The supply and demand imbalance fuelled the residential market last year. CoreLogic's National Home Value Index (HVI) rose 8.1% in 2023. Rental values increased over the year with the annual pace of growth at 8.4% from January to September. Rental vacancy rates fell to an all-time low. While demand was high, supply was hindered by labour shortages, backlogs in DA Approvals, builder insolvencies and increased cost of construction. This year, developers will need to work out how to factor in the new cost of construction to make feasibilities stack up in order deliver affordable housing. What's in store for the residential market this year? Our Debt Capital Markets Survey Report for 2024 is coming soon.

How much does housing cost in your state? The residential real estate market in the U.S. is one of the largest asset classes in the country, worth $47.5 trillion in 2023. Visual Capitalist maps out the top 10 most valuable markets in the U.S. Where does your state fall? https://lnkd.in/g6mDri3w 2024/ #realestate #budgeting #financialplanning

🏡📉 How Will President Trump Impact the Housing Market? 📉🏡 President Trump has outlined several plans aimed at making housing more affordable. Here are 3 key ways these proposals could shape the market: 1️⃣ Releasing Federal Land: By opening up federal lands for housing development, more homes can be built, increasing supply and potentially reducing prices. 2️⃣ Incentivizing Private Developers: Offering incentives to private developers could boost the construction of affordable housing units, creating more options for first-time buyers. 3️⃣ Reducing Regulatory Barriers: Easing regulations and zoning laws could allow for increased new housing supply, helping to stabilize or even lower prices over time. 💡 What Do You Think? Could these changes make homeownership more accessible? Drop your thoughts in the comments or DM me to discuss how this might impact your home buying or selling plans! #HousingMarket #AffordableHousing #RealEstateTrends #HomeBuyingTips #TrumpHousingPolicies #RealEstateAdvice #HomeOwnership

🔹💡 Serious 💡🔹 🏢As the median apartment rent in the U.S. hits $1,634, most renters are shelling out between $1,000 and $1,999 - highlighting the financial burden many are facing. 🏢This steady increase in housing costs calls for a closer look at rental affordability and housing policies to ensure all individuals have access to safe and affordable housing. 🔹💡 Prediction 💡🔹 🏢Projections indicate that rental prices will continue to rise steadily, affecting the financial stability of many renters across the country. 🏢The increasing demand for rental properties coupled with limited supply is likely to push rental prices even higher in the coming months and years. 🔹💡 General Commentary 💡🔹 🏢The current rental landscape in the U.S. underscores the need for innovative solutions to address the ongoing affordability crisis, particularly in urban areas. 🏢It is essential for policymakers, real estate developers, and community leaders to collaborate on initiatives that promote equitable access to affordable housing for all income levels. 🔹💡 Truth 💡🔹 🏢The reality is that rental prices are a significant financial burden for many individuals and families, with a vast majority paying a substantial portion of their income towards housing. 🏢This underscores the urgent need for systemic changes and sustainable solutions to tackle the growing affordability challenges in the rental market.

Housing affordability issues 😰 have led homebuilders to reduce new build sizes. 🏡⬇️ Over the last ten years, the median square footage of new homes has fallen 12% from 2,313 sq ft in 2013 to 2,036 sq ft in 2023. 📉 Would you like more insights like this? Subscribe to #InvestorInsights #GlenEagle #Newsletter #Insights #StockMarket #Finance 📊 ➡️Subscribe Here: bit.ly/3kufhwp

Real estate is hyperlocal.  What we hear at a national or regional level, in almost all cases, it’s very much different to what is really happening at a local level. While certain areas in the country, primarily in the South, are temporarily saturated with new housing inventory, other areas (like New England) are in need of more…  And while brand new apartment units are current hitting the market in Worcester, there appears to be very few projects in the pipeline for 2026 and beyond. Why is this? You guessed it. Among many other factors, the ones that stand out the most are the ever-increasing construction costs and a more difficult lending environment where banks have become more conservative. As a consequence builders pull out until market conditions improve.   This will obviously translate to less housing options in the not so distant future after the new inventory currently coming out is absorbed. This article points out how the new apartment wave is currently hitting a peak.  I doubt we will see this mini-housing boom for a while again for a while.   https://lnkd.in/eHdc52qT

Lower interest rates = BIG opportunities for multifamily developers! From reduced borrowing costs to stronger demand, our Jeff Anneke breaks down the obvious and not-so-obvious ways rate cuts benefit #multifamily developers. See why now is the time to make a move. https://bit.ly/3ZgMfSo #realestatedevelopment #commercialconstruction #designbuild