Monday, June 5, 2023 | The Latest Buzz for the Appraisal Industry

How Affordable Housing Impacts the Neighborhood

The idea that the country could use more affordable homes is widely accepted, however, homeowners and community groups often rebuff proposed low-income housing within their own neighborhood, believing, among other things, that such developments could drag down the price on their property. A Redfin study of more than 220,000 home sales provided data that researchers analyzed to …

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