September 25: What we’re reading
Some articles we found interesting this week:
Today in some parts of the country there is hardly anything on the market for under $300,000 resembling the American starter home of the last 70 years. In Raleigh, N.C., entering this weekend there were 17 such single-family homes with at least two bedrooms listed for sale. Read more, via The New York Times.
Taller Towers, Fewer Homes, via The New York Times
How to Change Minds? A Study Makes the Case for Talking it Out, via the The New York Times
August 2022’s Median Price of Wake County Real Estate drops $11,000 to $455,000, via Wake County
Can DC’s 11th Street Bridge Park Lift Up a Neighborhood? Spectacular urban parks can drive up real-estate prices and force out low-income neighbors. The designers of this $92 million project are trying to break the cycle, via Bloomberg
Four things I wish I’d known about Charlotte’s housing market before I started writing about it, via UNC Charlotte Urban Institute
2021 Income Inequality Increased for First Time Since 2011, via the US Census Bureau
Lennar Slashing Home Prices in Raleigh, Other Markets as Interest Rates Rise, via Triangle Business Journal
Other items of interest:
City announces new Community engagement portal, found here.
Staff provided a comprehensive update on the city’s community engagement effort during its September 20, 2022 meeting. Here is a link to the presentation made to Council.