Homebuilders Can Achieve Both Cost Efficiency and Quality

Feb 26, 2020

The demand for affordable housing communities has never been stronger.

The demand for affordable housing communities has never been stronger. As home prices rise nationwide, housing affordability is moving further out of reach for a large swath of people.

A recent report from property data provider ATTOM Data Solutions revealed that home price appreciation is outpacing wage growth in 76 percent of U.S. housing markets, and median-priced homes remain unaffordable for average wage earners in 74 percent of markets across the country. Apartment rents are becoming equally unaffordable in some markets, with rental rates rising steeply year-over-year in many areas, according to Apartment List, an online platform that connects renters with apartment listings.

RAAM Construction: Affordable Housing Is a Bright Spot in a Sea of Uncertainty

The multifamily sector has not been exempt from the impacts of the pandemic.

RAAM Construction Breaks Ground on 151-Unit Palmdale Terrace Affordable Apartment Community in California

RAAM Construction has broken ground on the construction Palmdale Terrace, an affordable multifamily property located at SW 25th Street East and East A

New Low-Income Townhome Development Along Fair Oaks Avenue Completed

Workers have completed construction of a new 16-unit project consisting of two townhomes to be sold to qualifying low-income home buyers.