Jen Gregory Realtor

https://www.facebook.com/share/1Czc56Ck3g/?mibextid=wwXIfr

🎉 Great housing news! Congress has passed bipartisan legislation—the 21st Century ROAD to Housing Act—that will increase the supply of homes and improve affordability nationwide.

It represents the most significant federal effort in decades to boost housing supply, and includes provisions that will:

✔️ Expand the use of modern manufactured homes—which offer comparable finishes and safety features to standard site-built homes while selling for a fraction of the price.

✔️ Make it easier to develop small apartment buildings with a single stairway—which are just as safe as those with two stairways but make it easier and cheaper to add housing on smaller lots.

✔️ Support the use of preapproved building plans by states and cities—a tactic that reduces permitting delays and lowers costs for developers and residents.

✔️ Incentivize and support state and local efforts to modernize zoning, land-use, and permitting rules that unnecessarily increase housing costs and delay construction.

✔️ Examine and aim to remove barriers to expanding access to small mortgages—typically under $150,000.

https://pewtrsts.org/4eDNUI3

Thinking of buying in one of Chattanooga’s four historic districts, or own a home in one of these districts?

Take a look at this first.
https://www.instagram.com/reel/DYfYR1eS5ik/?igsh=d2p6MWNjMGdwbHFk

New rules for Chattanooga’s four historic districts aim to make home additions and renovations a little cheaper and easier. A big change? Getting city approval to put in a backyard shed costs $40 rather than $190. Video by William Newlin

Stay diligent folks

One in 5 homeowners say they’ve received a fraudulent message before closing. ⚠️

This week on Real Estate Today, we dive into the latest real estate scam trends, how AI is making fraud harder to detect, and the five growing scams buyers and sellers should know. Plus, get expert strategies to help safeguard your transaction and stay ahead of potential threats.

Tune in now on your favorite podcast platform!
https://www.nar.realtor/real-estate-today?utm_content=ret_teaser&utm_campaign=inf_26_ret-ret_social&audience=all&utm_medium=organicsocial&utm_source=meta