A New Housing Law Is Here: What It Could Mean for Buyers and Sellers
A new bipartisan housing law is officially on the books, but what does it actually change?
In this video, I break down the key parts of the 21st Century Road to Housing Act, including how it encourages communities to reduce barriers to new housing, supports faster construction through manufactured housing, and places new limits on certain institutional purchases of single-family homes.
While the legislation is significant, most economists believe it could take several years before these changes have a meaningful impact on affordability. Understanding these policy changes is important for anyone buying, selling, or investing in real estate.
If you're interested in how national housing policy could affect the Greater Princeton market, join me for the Greater Princeton Market Seminar on July 16, where we'll discuss the latest trends and what they mean for our local communities.