Why housing supply is such a problem in Hampton Roads

The region's housing costs have continued to rise due to a 10- to 15-year deficit in construction resulting in today's constrained supply.

What Housing Shortage? - CityWork

The drop in vacancy rate can be attributed to any number of factors such as less apartments on the market, increased renter demand, or high mortgage rates ...

Housing costs are holding Hampton Roads' economy back, ODU ...

Despite some encouraging growth, issues with the region's economy persist — and the housing market is one of the major drags. That is the ...

Housing costs are holding Hampton Roads' economy back, ODU ...

The two major issues impacting housing supply are restrictive zoning policies and a lack of regulation around institutional money purchasing ...

Experts Examine the Affordable Housing Crisis in Hampton Roads

“Growing demand from people of all ages and all incomes has put pressure on a limited supply,” Knopf explained. “We've been under-building housing, both for ...

Hampton Roads growing but housing a challenge, economists say

Hampton Roads is in growth mode but housing supply is a challenge, ODU economists say ... just roughly 3% growth over 10 years. “The ...

Hampton Roads real estate agents optimistic about region's market

... housing supply is starting to improve ... 8 at the annual State of the Region that homeowners are just not selling at the pace they used to.

A new group wants Hampton Roads cities to loosen laws for ... - VPM

But there are also barriers to building more housing, which many experts said would decrease costs by increasing supply. ... housing, just not ...

Inside Business - Why housing supply is such a problem in...

Why Hampton Roads real estate agents are optimistic about the region's housing market ... After a significant shortage of pre-existing homes o...

Hampton Roads housing market appears to stabilize - Virginia ...

To have a big increase in February, when we've had such a housing shortage, is somewhat of an anomaly,” Nachman said. “But it's a good thing because it's giving ...

Boom or Bust: Unveiling Hampton Roads Housing Market

Hampton Roads is home to the largest naval base in the world, Norfolk Naval Base, and large bases such as Oceana, Little Creek, Damneck, Langley, Fort Eustis, ...

Why housing supply is such a problem in Hampton Roads - LinkedIn

Helen Dragas said in her Virginia Beach company's 56 years of homebuilding, it has never taken so long to zone, permit and develop a new ...

Why We Can't Afford to Live In Hampton Roads Anymore

Over the past few years, hundreds of millions of dollars have poured into single and multifamily homes across Hampton Roads by private-equity ...

Report: Hampton Roads homebuyers struggling - WVEC

"We haven't kept pace with the demand, in terms of new supply,” said Simon Stevenson with Old Dominion University's E.V. Williams Center for ...

Hampton Roads Market Summary: September 2024 - REIN.com

The extra days it's taking to sell some homes in the region is likely due in part to the additional inventory, but it's also typical for this ...

Continued lack of affordable housing hinders pride, security among ...

Frank Hruska, executive director of Habitat for Humanity for South Hampton Roads, faces persistent problems trying to build modest homes for low- and middle- ...

Daily Press on X: "Why housing supply is such a problem in ...

Why housing supply is such a problem in Hampton Roads https://t.co/TfcUFLpOa5.

Record number of Americans struggling to pay rent - WTKR

This means that Hampton Roads, like many U.S. markets, has seen inventory reduced and that reduced supply has meant that prices have largely ...

A growing affordable housing crisis in Hampton Roads - WVEC

Part of the problem is driven by inflation and a strained supply chain that slowed down the pace of creating affordable housing. Housing ...

Homeless in Hampton Roads: The affordable housing crisis

CHESAPEAKE, Va. (WAVY) – Hampton Roads has a problem. The rent is too high and there are too few places for working families to live.