How Affordable Housing Affects Surrounding Neighborhoods
The Low Income Housing Tax Credit program is the federal government’s primary vehicle for encouraging new affordable rental housing in the United States. This program has created over 1400 projects with more than 100,000 housing units per year since 1995. There have been numerous studies on the effects of affordable housing on surrounding neighborhoods. The…
Are You in the Missing Middle? How the Market is Failing
Is the American dream downsizing? Have you noticed that there are a lot of lower income housing, smaller properties, and then these large, elaborate estates? But what’s left in the middle? Many people are noticing that when they’re moving from larger cities to suburban areas, the middle class is kind of getting forgotten about. The…
Highest Priced Homes in Ocean Isle Beach
As of January 19, 2018, these are the highest priced homes currently on the market in Ocean Isle Beach North Carolina. #1. 1 Craven Street – 5 bedrooms – 7 bathrooms – 5875 ft.² – $1,995,000 This beautiful home is located right on the beach in Ocean Isle Beach North Carolina with a stunning three-story…
Current Housing Trends and Home Prices in Ocean Isle Beach
A well, we are well into summer so it’s a good time to take a look at the snapshot for Ocean Isle Beach North Carolina. What’s going on, home prices, it’s a good time to buy or sell and how hot is the market? About 400 properties for sale, the median list price is between…
Sunset Beach NC Housing Market Update
Real estate report and housing market update for Sunset Beach North Carolina as of May 2017. As of the publishing of this post, the median list price is about $189,000 with the median sales price of $160,000 or about $114 per square foot for Sunset Beach North Carolina. There are about 375 properties for sale…
Are Interest Rates Finally Rising?
For several years now we’ve been enjoying low-interest rates under 5% but we always knew it was eventually coming for interest rates were rising. A few months ago,Federal Reserve chair Janet Yellen held a committee to get rid of thrift rates eventually by a quarter percentage point. This would go from 0% to .25%. It’s one…