| Autor: |
Elias, Karina |
| Předmět: |
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| Zdroj: |
Journal of Business (1075-6124). 11/21/2024, Vol. 39 Issue 24, p11-23. 2p. |
| Abstrakt: |
The article discusses changes in residential zone-change standards and increased residential permit activity, including the renovation of the Wharton Building into residential units with tax incentives. It also mentions the National Association of Realtors' forecast of rising home sales and stable mortgage rates, as well as the impact of job gains on the housing market and the importance of homeownership for wealth accumulation. The report by Attom on low-income Opportunity Zones in the U.S. revealed that median prices increased over 10% annually in almost half of the zones, with higher-priced zones benefiting more than the lowest-priced neighborhoods. Despite this, some distressed communities are showing ongoing economic strength, with Opportunity Zones outperforming the nation in median price growth. [Extracted from the article] |
| Databáze: |
Regional Business News |
| Externí odkaz: |
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