U.S. Department of Agriculture Rural Development invested $542.6 million in 2020 to help mitigate the rising cost of homeownership in Oregon. The funds were distributed through three programs.
A new article from NBC News explores how consumer spending has changed since March with the COVID-19 onset. Of note is new data from realtor.com showing prospective homeowners are more inclined to leave cities and urban areas for rural ones.
Oregon state economist Josh Lehner published a report on the last day of 2019 titled “Economic Trends of the 2010s.” In the report, he concluded that housing construction during the last decade reached a record low despite the state’s prevalent housing shortage.
The Affordable Housing Finance editorial advisory board recently weighed in on major factors that are likely to influence the industry in 2020. They cited five key indicators to watch in the coming year …
Although most housing analysts single out construction costs as driving home prices, a recent study suggests that today land prices may influence prices even more.