In early 2024, new record highs were reported for home prices, highlighting the ongoing challenges in the housing market. A recent Harvard study revealed that new construction projects are struggling to effectively address the issue of housing affordability, despite efforts to increase housing supply.
Key points from the article:
– Record highs for home prices reported in early 2024
– Harvard study finds that new construction is not effectively addressing housing affordability challenges
– Ongoing struggle in the housing market to provide affordable housing options
– The need for innovative solutions to tackle the issue of housing affordability in the current market landscape
For more information, you can access the full article here: “Harvard Study: New Construction Barely Addresses Housing Affordability Challenges” on Weekly Real Estate News.
You can read this full article at: https://wrenews.com/harvard-study-new-construction-barely-addresses-housing-affordability-challenges/
Note Servicing Center provides professional, fully compliant loan servicing for private mortgage investors so they can avoid the aggravation of servicing their own loans and just relax and get paid. Contact us today for more information.
