Welcome to today’s real estate news! In this edition, we have a range of exciting updates and resources to help you stay informed and make the most of the housing market. Discover innovative solutions to California’s affordable housing crisis, including creative approaches like converting surplus lands and modular construction methods. Explore major housing and construction projects happening in Santa Cruz County, and find out how you can get involved and make your voice heard. If you’re a first-time home buyer in California, we’ve got you covered with information on assistance programs and grants that can help make your dream of homeownership a reality. Plus, stay updated on the latest developments in the housing industry with the NAHB/Wells Fargo Housing Market Index. And if you’re looking for a new community in Riverside, California, don’t miss LGI Homes’ newest community, Northgate, offering stunning homes with mountain views. Dive into these stories and more to stay informed and inspired in the world of real estate!
Creative Solutions to Affordable Housing – CZI Blog
Discover innovative solutions to California’s affordable housing crisis. From converting surplus lands to building infill housing, these creative approaches are making a difference. Learn how modular construction methods and alternative homeownership models are helping to address the housing shortage. Explore cross-sector collaborations and the impact of COVID-19 relief programs. Protecting naturally occurring affordable housing and supporting local landlords are also crucial steps. Find out more about these solutions and how they can improve housing affordability and access for all.
Housing and construction projects in Santa Cruz County – Santa Cruz Local
Stay up to date on major housing and construction projects across Santa Cruz County. Discover the latest developments and find out how you can make your voice heard. From water and highway projects to housing and construction initiatives, Santa Cruz Local provides valuable information about the ongoing projects shaping the county. Explore the diverse range of projects happening in your community and stay informed about the changes happening in Santa Cruz County.
California First-Time Home Buyer | Assistance Program & Grants
Buying your first home in California can be a challenge, but fortunately, there are various first-time home buyer loans and grants available to provide extra assistance. The California Housing Finance Agency (CalHFA) offers a range of loan programs with special interest rates for first-time buyers. To qualify for these programs, you’ll need to meet certain requirements and complete a home buyer education course. CalHFA offers FHA, VA, USDA, and conventional loan programs, each with its own features and benefits. Additionally, there are down payment assistance programs and grants available, such as the CalHFA MyHome Assistance Program and the Forgivable Equity Builder Loan. Local programs and resources are also available to help first-time buyers navigate the California housing market. Explore these options and take advantage of the assistance programs and grants to make your dream of homeownership a reality.
NAHB/Wells Fargo Housing Market Index (HMI) | NAHB
Discover the NAHB/Wells Fargo Housing Market Index (HMI), a monthly survey that takes the pulse of the single-family housing market. The index is based on ratings from builders regarding market conditions for the sale of new homes at the present time and in the next six months, as well as the traffic of prospective buyers. The HMI is a weighted average of three component indices: Present Single-Family Sales, Single-Family Sales for the Next Six Months, and Traffic of Prospective Buyers. Each index is seasonally adjusted and weighted to produce the overall HMI. The HMI ranges between 0 and 100. Stay updated on key developments in the housing industry and learn more about the NAHB’s role in serving the home building, development, and remodeling industry.
LGI Homes Announces its Newest Community in the Riverside Market
Discover LGI Homes’ latest community, Northgate, located in the Riverside, California market. This new community offers brand-new homes with stunning mountain views in the Coachella Valley. Northgate features one and two-story homes with up to four bedrooms and three bathrooms, complete with LGI Homes’ CompleteHome™ interior package. The homes come with a range of upgrades, including energy-efficient appliances, granite countertops, designer wood cabinets, and more. The community is conveniently located near shopping, dining, entertainment, parks, and golf clubs. Every entrance is gated, providing added privacy. Homes at Northgate are priced from the $490s. For more information or to schedule a tour, visit LGIHomes.com/Northgate.