Category: New Home Builders

by: Stacker Posted: May 9, 2024 / 09:41 AM PDT Updated: May 9, 2024 / 09:46 AM PDT Home prices are largely starting to normalize across the country but remain high even as more homes come to the market this spring. Record-high mortgage rates are keeping homes largely unaffordable for most buyers. Even a percentage point increase can increase a monthly mortgage payment by more than $100. That’s causing potential homeowners to expand their searches outside costly urban cores, especially when they can work from home. Stacker examined data from…

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Proposed Regional Bond Measure Seen as Way to Close the Gap SAN FRANCISCO, May 8, 2024 /PRNewswire/ — Enterprise Community Partners (Enterprise) and the Bay Area Housing Finance Authority (BAHFA) today released the Bay Area Affordable Housing Pipeline 2024 Report, which analyzes affordable housing projects in various stages of predevelopment and identifies solutions for moving them toward completion. The updated research reveals there are now 433 projects in various stages of predevelopment that would create more than 40,896 affordable homes across the nine-county Bay Area. These would account for nearly a…

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A correction to an earlier version of this article has been appended to the end of the article. After pledging to hold local governments more accountable for solving homelessness, Gov. Gavin Newsom is throwing his support behind a bill that would require cities and counties to plan for potentially hundreds of thousands of new affordable homes for California’s very poorest residents. The requirement would be part of the every-eight-years housing plans that cities and counties already must send to the state for approval. “This new approach will require locals to…

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Sandy Jamison, a broker with Tuscana Properties in Campbell, says she’s helped clients try to persuade sellers to lower their asking price or offer other concessions to offset high insurance costs. Laure Andrillon/Special to the Chronicle When Cindi Koehn listed her Lake County home for sale last year, she didn’t expect any trouble selling the beautiful 1.7-acre property overlooking the lake. But three interested buyers walked away. The cost to insure it, they told her, would be too expensive. Koehn was surprised and disappointed. In 2015, dozens of Lake County…

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 Bay Point is becoming one of the last affordable places to buy in Bay Area  Homes typically sell for half the price of those in San Francisco metro zone The town boasts parks, a BART station and nearby shopping centers By Bethan Sexton For Dailymail.Com Published: 00:57 EDT, 4 May 2024 | Updated: 01:31 EDT, 4 May 2024 A California town known for its stunning scenery and easy transport links is one of the last affordable places to buy in the Bay Area. While average house prices in the San…

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Homes can be seen above Hwy. 4 in Bay Point, Calif. Relatively affordable prices, the local BART station and proximity to shopping centers in other cities has drawn in home buyers, real estate agents say. Yalonda M. James/The Chronicle The Bay Point welcome sign can be seen on Port Chicago Hwy. in Bay Point, Calif. Bay Point was the original name of the defunct town of Port Chicago, which existed just west of what is now Bay Point. Yalonda M. James/The Chronicle Homes seen from Port Chicago Hwy. in Bay…

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