Rental Investors Take Interest in Tiny Homes

first_img Rental Investors Take Interest in Tiny Homes Servicers Navigate the Post-Pandemic World 1 day ago Home / Daily Dose / Rental Investors Take Interest in Tiny Homes Subscribe December 14, 2020 1,161 Views Data Provider Black Knight to Acquire Top of Mind 1 day ago Fidelity National Financial tiny house 2020-12-14 Christina Hughes Babb Data Provider Black Knight to Acquire Top of Mind 1 day ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Sign up for DS News Daily Share Save Tagged with: Fidelity National Financial tiny house Related Articles About Author: Christina Hughes Babbcenter_img Demand Propels Home Prices Upward 1 day ago  Print This Post The Best Markets For Residential Property Investors 2 days ago Christina Hughes Babb is a reporter for DS News and MReport. A graduate of Southern Methodist University, she has been a reporter, editor, and publisher in the Dallas area for more than 15 years. During her 10 years at Advocate Media and Dallas Magazine, she published thousands of articles covering local politics, real estate, development, crime, the arts, entertainment, and human interest, among other topics. She has won two national Mayborn School of Journalism Ten Spurs awards for nonfiction, and has penned pieces for Texas Monthly, Salon.com, Dallas Observer, Edible, and the Dallas Morning News, among others. Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 1 day ago Tiny houses are not new, but COVID-19 and resultant lifestyle changes are making the movement more popular, according to IPX1031, a Fidelity National Financial Company blog, which conducted a survey of 2,000 Americans to understand how likely they would be to live in a tiny home. The researchers also looked into regions of the country with optimal tiny-home markets for both homebuyers and investors.”Even though the micro home movement isn’t necessarily new, many have put tiny homes on their radar since COVID-19,” note those who conducted the study.Affordability was the top reason for survey respondents who answered that, yes, they would consider purchasing a tiny house (more than half).65% cited affordability; 57% said “efficiency” would be a motivating factor; 48% said “eco-friendliness” would be a factor; and “living a minimalist lifestyle” rounded out the list of top tiny-house selling points. Also listed: Downsizing (36%), mobility (35%), and privacy (29%)Among the respondents who have never owned a home, 86% said a tiny home could be a contender for their first home purchase.What constitutes a tiny house? They can be on wheels or stationary (abut 54% of respondents said they would prefer the more-mobile option). They generally are less than 400 square feet and range in price from $30,000-$60,000 (whereas the average median price for a typical starter home is $233,400, according to the National Association of Realtors.Half of those surveyed say they would spend less than $40,000 on a tiny home and 79% say they would be able to buy or finance a tiny home rather than a traditional starter home.The low cost and maintenance mean tiny houses present an attractive opportunity to investors, according to the survey. Of the study participants, 72% said they would consider buying a tiny house as an investment property. Among them, 63% reportedly envision a long-term rental opportunity; 37% say they would see it as a short-term rental. On average, potential investors who responded to the survey said their ideal monthly rent would be $900 per month for a long-term rental and $145 per night for a short-term rental.The study also revealed which states had the best markets/highest demand for tiny homes. Those included:VermontNew HampshireMaineWyomingWashingtonIdahoMontanaOregonRhode IslandAlaskaRead the study in full at ipx1031.com.  The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 1 day ago in Daily Dose, Featured, Market Studies, News The Week Ahead: Nearing the Forbearance Exit 2 days ago Previous: Foreclosures May Be Subject to ‘Drastic Changes’ Next Year Next: Possible Solutions for Borrowers Unable to Make Paymentslast_img read more

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Governor Wolf Announces Investment to Improve Recreation, Community Revitalization at 266 Sites Across Pennsylvania

first_img Environment,  Infrastructure,  Press Release Harrisburg, PA – Governor Tom Wolf today announced an investment of $44 million for 266 projects across Pennsylvania that will create new recreational opportunities, conserve natural resources, and help revitalize local communities.“Communities go from good to great when they provide residents and visitors with parks and trails, access to waterways, and opportunities for healthy outdoor activity,” Governor Wolf said. “This $44 million in grants will support communities throughout Pennsylvania working to protect and improve natural amenities for our citizens.”Department of Conservation and Natural Resources Secretary Cindy Adams Dunn today joined officials from the City of Pittsburgh and the Urban Redevelopment Authority at an event adjacent to the Hays Woods property to highlight the grants in Allegheny County.The URA was approved for an $800,000 grant to assist with the acquisition of the 563-acre property that will eventually be turned over to the city for its second largest park for enjoyment and recreation.“Parks nearby are the places where our kids play; that make our urban neighborhoods beautiful and attractive to homeowners; where we gather to build community; and they help attract the businesses that provide jobs,” Dunn said. “It’s fantastic to be able to protect a sizable amount of open space in this dense urban area.”Dunn was joined today at the event by Urban Redevelopment Authority Executive Director Robert Rubinstein and other state and local officials.“The URA is excited to play a role in protecting and preserving this important ecological treasure for future generations of Pittsburghers to enjoy,” Rubinstein told the gathering.Other Allegheny County grant recipients are:Allegheny County, $175,000, for the rehabilitation of South Park;Allegheny Land Trust, $148,600, development of Dead Man’s Hollow Trail System in Dead Man’s Hollow Conservation Area;Allegheny Land Trust, $273,450, payment toward the acquisition of approximately 76.87 acres in Bell Acres, Franklin Park and Sewickley Heights boroughs, Allegheny County and Economy Borough, Beaver County;Bell Acres Borough, $50,000, prepare a conservation and stewardship plan for the Big Sewickley Creek Watershed;Brentwood Borough, $100,000, rehabilitation of Brentwood Pool, Brentwood Borough;Coraopolis Borough, $55,000, rehabilitation of Shelley Y. Jones Memorial Park;Duquesne City, $17,800, prepare a Comprehensive Recreation, Park and Open Space Plan;Emsworth Borough, $99,000, rehabilitation of Marmo Park;Friends of the Pittsburgh Urban Forest, $50,000, construction of approximately 16 acres of riparian forest buffers along waterways in the Saw Mill Run Watershed;Hollow Oak Land Trust, $265,800, development of the Montour Woods Greenway in Moon Township;Pittsburgh City, $80,000, prepare Master Site Development Plans for the approximately 257-acre Emerald View Park;Pittsburgh City, $500,000, rehabilitation and further development of Wightman Park;Richland Township, $250,000, rehabilitation and further development of Richland Park;Ross Township, $125,000, rehabilitation of Denny Park;Upper St. Clair Township, $300,000, development of Morton Complex/Community Gardens Connection Perimeter Trail in Boyce Mayview Park;West Mifflin Borough, $20,000, prepare a comprehensive Recreation, Park and Open Space Plan;Western Pennsylvania Conservancy, $53,650, payment toward acquisition of approximately 61.8 acres in Kilbuck Township, for an addition to Toms Run Nature Reserve and open space protection;Western Pennsylvania Conservancy, $75,000, development of Toms Run Nature Reserve Trail System in Kilbuck and Ohio townships;Whitehall Borough, $30,000, prepare an update to the Comprehensive Recreation, Park and Open Space and Greenway Plan.Additionally, more than $2.36 million is being provided to Heritage Areas for projects including advancing river and trail towns, closing gaps in Pennsylvanian’s destination trails, developing heritage tourism initiatives, improving educational and interpretative signage, and planning and marketing heritage tourism events.The grants are administered by DCNR through the Community Conservation Partnerships Program. Additional investments include: 49 trail projects; protecting nearly 8,000 acres of open space; nine projects for planting riparian buffers along streams; 14 projects for rivers conservation; and over 100 projects to develop or rehabilitate recreation, park and conservation areas and facilities. A complete list is available on the DCNR website at www.dcnr.pa.gov under Hot Topics. Governor Wolf Announces Investment to Improve Recreation, Community Revitalization at 266 Sites Across Pennsylvania December 05, 2017center_img SHARE Email Facebook Twitterlast_img read more

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Virat Kohli looks back on 11 years of chasing his dreams – and wishes…

first_imgAdvertisement fpsNBA Finals | Brooklyn Vs091m6Wingsuit rodeo📽Sindre E5pqy( IG: @_aubreyfisher @imraino ) ijcWould you ever consider trying this?😱1h2n9Can your students do this? 🌚2abbRoller skating! Powered by Firework It’s been 11 years since Virat Kohli first stepped into international cricket and the Indian skipper celebrated his journey by sharing a heartfelt post in social media. The once chubby, bold youngster who made his debut against Sri Lanka back in August 2008, is now the captain of the number 1 Test side and is one of the greatest batsman of his generation. The Indian skipper has so far played 239 ODIs, 77 Tests and 70 T20Is for his country scoring 11,520 ODI runs, 6613 Test runs and 2369 T20I runs.Advertisement On Sunday, Kohli posted a throwback image of himself and penned down about the journey, thanking everyone involved in it. The post was filled with gratitude and he thanked all the blessings showered on him.Advertisement “From starting as a teenager on the same day in 2008 to reflecting on the journey 11 years after on this present day in 2019, I couldn’t have dreamt of the blessings god has showered me with. May you all get the strength and power to follow your dreams and always follow the right path. #forevergrateful,” Kohli wrote on social media.Following his success in U-19 cricket, Kohli was handed a debut against Sri Lanka in an ODI. But the start wasn’t that great as he only managed to score 12 in that innings, his first century though came in 2009 at Kolkata and the rest is history. Breaking numerous records on the way, he now has the second-most tons in ODI cricket and has sustained the number 1 rank among batsmen in both Tests and ODI formats for quite a while. Recently he became the first batsman to score 20,000 international runs in a decade. Take a bow you legend!  Advertisementlast_img read more

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