Today’s Housing Market News – July 04, 2024

Welcome to today’s Real Estate news roundup! In Oklahoma, a lawmaker is proposing an innovative solution to address the lack of affordable housing by studying 3D-printed homes. With over 29,000 families on the waitlist for affordable housing, this study aims to reduce construction costs and provide quality homes without compromising on standards. Meanwhile, the Oklahoma Department of Veterans Affairs is making progress on a new veterans home in Sallisaw, set to open in late fall. This 175-bed facility will replace the previous home in Talihina and provide crucial support to Oklahoma’s veterans. Additionally, the University of Oklahoma is undergoing exciting campus improvement projects, including repairs, renovations, and the construction of new residence halls. Lastly, explore the latest data on residential building permits through NAHB’s Housing Permit Data Portal, offering insights into trends and comparisons at the national, regional, and metro levels. Stay informed and dive into these stories to learn more about the developments shaping the real estate landscape.

Oklahoma Lawmaker Proposes 3D-Printed Homes Study To Address Affordable Housing

For many Oklahoma City families, buying a home is not an option. In an effort to reduce construction costs and solve the lack of affordable housing, one lawmaker wants to study creative 3D technology. The Oklahoma City Housing Authority highlights the overwhelming demand for affordable homes, with over 29,000 families on the waitlist for public and Section 8 housing. Representative Mickey Dollens is exploring private-sector solutions and proposes an interim study to allow 3D-printed homes to be built at affordable prices. The goal is to build quality homes without cutting corners and limiting corporate control. This study will shape legislative priorities in the next session. Be part of the solution and learn more about this innovative approach to affordable housing.

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New veterans home on track to open late fall • Oklahoma Voice

The Oklahoma Department of Veterans Affairs is making progress on the construction of a new veterans home in Sallisaw, with an expected opening in late fall. This 175-bed facility will replace the home in Talihina, which closed in October. The state will have seven operational veterans homes once Sallisaw opens. The project is currently about 80% complete, and furniture will be moved in during August. The home will undergo evaluation by the federal VA, and if successful, it will open its doors to all veterans by the end of the year or early 2025. Learn more about this important development for Oklahoma’s veterans.

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OU to improve Norman campus during summer construction | News | oudaily.com

The University of Oklahoma is undertaking several campus improvement projects over the summer to enhance the campus for upcoming and returning students, faculty, and staff. These projects include repairs to sidewalks, streets, and parking lots, including the Elm Street parking garage, which will remain closed until August 12. Other renovations and repairs are taking place at various locations on campus, such as the Lloyd Noble Center bus turn-around and the restrooms in Sarkeys Energy Center and the Engineering Laboratory building. Additionally, the Oklahoma Memorial Union roof will be replaced, and the construction of new residence halls as part of the OU First-Year Housing Master Plan is underway. Stay updated on these exciting developments.

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Building Permits by State and Metro Area | NAHB

Explore the latest national, regional, and metro-level data on residential building permits from the U.S. Census Bureau. NAHB’s Housing Permit Data Portal provides easy access to customizable data, allowing users to view specific information at the metro, county, or local builders association level. The portal offers estimated permit data for single-family and multifamily housing, including the number of buildings, units, and valuation. Dive into the data and gain insights into the trends and comparisons of building permits issued. Stay informed about key developments in the housing industry.

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