Housing Market News – July 25, 2024

Welcome to today’s Real Estate news! In Oklahoma, the House has approved a study on 3D-printed homes as a potential solution to the state’s affordable housing crisis. Rising costs and high demand have led to a shortage of housing, but advanced technology could revolutionize the market. Meanwhile, Oliver Homes Inc., a family-owned business with over 70 years of experience, is dedicated to making the dream of owning a new home accessible to all. Their innovative construction techniques and commitment to affordability have helped thousands of families achieve homeownership. In Oklahoma City, the oldest public housing development, Will Rogers Courts, is undergoing a multi-year revitalization plan. The project aims to create a safer and more vibrant community by demolishing and rebuilding apartments, as well as introducing new amenities. Lastly, complaints against D.R. Horton, known as ‘America’s Builder,’ are mounting nationwide, shedding light on the challenges faced by homeowners. Stay informed and watch the video for more details. And don’t miss the City of Edmond’s investment in water infrastructure projects, ensuring a sustainable future for the community. Explore these stories and more by clicking the links below.

Oklahoma House approves study on 3D-printed homes for affordable housing

Could 3D-printed homes provide a solution to Oklahoma’s affordable housing crisis? Rep. Mickey Dollens believes they could. Rising construction costs, supply-chain disruptions, labor shortages, and high demand have contributed to the housing shortage in Oklahoma. In an effort to address these challenges, Dollens proposed a House Interim Study, which was approved by the Oklahoma House. The study aims to explore the feasibility of using advanced 3D-printing technology to construct affordable, sustainable, and customizable homes in Oklahoma.

Already, 3D-printed homes have been built in Texas by Lennar Corp., a national company that also operates in Oklahoma. However, it is uncertain whether this cutting-edge construction technology will be brought to Oklahoma City. While some builders in Oklahoma have considered 3D-printed construction in the past, the market currently favors traditional construction methods.

Despite the initial cost of implementing new technology, 3D printing has the potential to revolutionize the housing market. It offers benefits such as cost savings, energy efficiency, and increased resilience to storms. Companies like ICON and Lennar have already demonstrated the capabilities of 3D printing in home construction, creating technologically advanced and environmentally sustainable homes.

The study approved by the Oklahoma House will further explore the potential of 3D-printed homes in addressing the state’s housing needs. By embracing this innovative approach, Oklahoma can position itself as a national leader in housing solutions.

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Oliver Homes Inc | Builders & Contractors | Hagerstown, MD | fredericknewspost.com

Established in 1948, Oliver Homes is dedicated to making “The American Dream” of owning a new home accessible to every family. With over 70 years of experience, this second-generation, family-owned business has helped thousands of local families achieve their dream through innovative construction techniques and attractive home designs.

By prioritizing affordability and applying volume purchasing power, Oliver Homes has been able to provide functional and appealing homes to the community. Their service area includes Washington County and Frederick County in Maryland, Franklin County in Pennsylvania, and Berkeley County, Jefferson County, and Morgan County in West Virginia.

If you’re looking for reasons to choose Oliver Homes or want to learn more about how they can help you achieve “The American Dream,” visit their website or contact them today.

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Oklahoma’s Own In Focus: Plans To Renovate OKC’s Oldest Housing Complex Underway

The Oklahoma City Housing Authority is embarking on a multi-year plan to revitalize the Will Rogers Courts, the city’s oldest public housing development. This initiative, known as the Choice Neighborhood Initiative, is funded by the U.S. Department of Housing and Urban Development (HUD).

The project involves demolishing the existing apartments, which were built in 1937, and rebuilding them from scratch. Additionally, the surrounding area will see renovations and new buildings for schools, businesses, grocery stores, and more.

The housing authority is actively involving residents in the planning process, seeking their input on what they would like to see in the new apartments. This engagement is considered a crucial part of the project, allowing residents to contribute to the vision for their community.

Residents are eagerly anticipating the changes to come, hoping for a safer and cleaner environment. The current residents will be temporarily relocated during construction and will have priority in selecting the new units once the renovations are complete. Rent prices will remain unchanged for current residents.

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VIDEO: Complaints mount through the Nation against ‘America’s Builder,’ D.R. Horton

Discover the latest news about the mounting complaints against D.R. Horton, known as ‘America’s Builder.’ This video highlights the growing concerns and issues faced by homeowners across the nation. Watch the video to learn more about the experiences and challenges associated with D.R. Horton’s homebuilding practices.

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News Flash • SPOTLIGHT: City of Edmond investing in the future with water infrastructure projects

Discover how the City of Edmond is making significant investments in water infrastructure projects to ensure a sustainable future. This spotlight highlights the city’s commitment to meeting the growing needs of its population and addressing water-related challenges. Learn more about the initiatives and developments by visiting the official website.

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