M-AR delivers new affordable housing for the London Borough of Bromley

Specialist offsite contractor M-AR has completed the first of three new housing schemes in partnership with Bromley Council, all designed to provide ‘Bromley Homes for Bromley People’. The new affordable housing development off Bushell Way in Chislehurst, which has been named Chris Whitty Place, was officially opened by Deputy Mayor of Bromley Councillor Christine Harris at a recent launch event hosted by Bromley Council.

The housing development contains 25 modern one- and two-bedroom apartments and is amongst the first housing schemes developed on council land to create more affordable housing in the borough as part of the ‘Bromley Homes for Bromley People’ programme. The development also contains a number of environmental features in its design, including photovoltaic panels and herb gardens. Leader of the Council, Councillor Colin Smith said: “I am extremely pleased to see such high-quality homes coming on stream, both here and on other sites across the borough,

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Digitalization’s Effect on Housing Design and Construction

At the March 2022 symposium held by the Joint Center for Housing Studies of Harvard University two new working papers and one new commentary were presented on how digitalization, artificial intelligence, and machine learning are affecting housing. The “digital transformation in housing design and construction is a complex, but not insurmountable, socio-technical challenge,” Elizabeth Bowie Christoforetti (Harvard Graduate School of Design; Supernormal) observed in her commentary for the symposium, pointing out that digitalization has the potential to “deliver more and better living accommodations.” According to one of the papers, titled “Modularization Precedes Digitalization in Offsite Housing Delivery”: 

…digitalization alone cannot spur the long-discussed but not-yet realized promise that modular construction (and other forms of offsite construction) will reduce the cost of building new housing and improve its quality. Rather, those shifts (and greater use of digital tools) will only occur when entities adopt “platform thinking”—systems that use the modules to

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Wall Street Journal/Realtor.com’s Rankings of Fall Emerging Housing Markets Index

Below is an article from the Wall Street Journal with their 2022 rankings of how metro areas across America stack up. You can read the original article here

It is refreshing to see our metro areas North Port-Sarasota-Bradenton rank #4 and Tampa-St. Petersburg-Clearwater rank #11.

Home-buying demand remained robust in low-cost cities but rising mortgage rates have made most home purchases less affordable, pushing many buyers out of the market. Homes are sitting on the market longer, and more sellers are cutting prices.

The WSJ/Realtor.com Emerging Housing Markets Index Fall 2022

Metro areas are ranked according to real-estate market data and economic health. Ranking is as of October 2022.

1 Johnson City TN
2 Visalia-Porterville CA
3 Elkhart-Goshen IN
4 North Port-Sarasota-Bradenton FL
5 Fort Wayne IN
6 Lafayette-West Lafayette IN
7 Columbia SC
8 Columbia MO
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Governor Hochul Announces the Get started of Design on a $14.7 Million Very affordable Housing Progress in Niagara County

Governor Kathy Hochul nowadays introduced that construction has commenced on Correct Bethel Commons, a $14.7 million, 39-apartment cost-effective housing advancement in Niagara Falls with 8 residences fully adapted for folks with bodily disabilities. Supported in portion by New York Condition Residences and Community Renewal and the point out Division of Parks, Recreation and Historic Preservation, the new housing is taking form through the adaptive reuse of the vacant former historic Sacred Heart school, rectory, and convent properties on South Avenue.   

“Inventive, thoughtful financial investment in New York’s previous empowers New York’s future,” Governor Hochul claimed. “The Legitimate Bethel university, the place countless numbers of youngsters figured out to browse and compose and assume, has a new objective-inexpensive housing for New Yorkers who are doing work tough to get ahead and to give their people a excellent everyday living. All New Yorkers are worthy of this chance and that is why

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Housing costs mounting throughout the board in Lenawee County

Household prices are climbing like mad. Buyers are owning to go above bid and a lot of moments the household does not appraise at what they are shelling out. This puts all potential buyers, primarily very low- to middle-earnings individuals and first-time homebuyers in a crunch.

“It’s insane. We do not have adequate properties for the people today who want to purchase. And then when you do have a property and you have a few or 4 or 5, 6 individuals and then they’re overbidding just to be the successful bidder. And then in some cases it does not appraise and from time to time it does. And there’s just a whole lot of nervousness and rigidity and I just experience negative for the consumers and the sellers equally,” Jeanee Gilson, president of the Lenawee County Association of Realtors, explained.

It is an primarily tough scenario for prospective buyers, Gilson

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