Wednesday, May 15, 2024
4 Bed, 3 Bath, No Garage Door: The Unlikely Woes Holding Up Home Building A single house under construction in America today faces all kinds of problems, starting with a run on lumber, then bricklayers in demand, subcontractors with Covid, appliances...
Anyone out there searching for a new place to live knows there is not much to buy. Total supply and new listings are at record lows, and that means that what is on the market now is selling fast....
Aimart Real Estate turned the sod recently to begin construction work on a mixed use development that offers residential and investment opportunity for home buyers and savvy investors who have long term view of the property market. The development, known...
The federal government of Nigeria says it is in the final stages of preparation of a national housing plan that will span 10 years, targeting Nigerians classed as low-income earners. The housing initiative tagged ‘10-year National Housing Strategy Plan’, is...
Shelter Afrique (SHAF) has been leading the charge in changing the affordable housing conversation in Africa for four decades-but it is not all talk. Together with partners, Shelter Afrique has raised and invested millions of dollars to fund housing...
Ongoing efforts to transform the Federal Mortgage Bank of Nigeria (FMBN) received a big boost with President Muhammadu Buhari’s appointment of Mr. Ayodeji Ariyo Gbeleyi as the bank’s Chairman, Board of Directors and his inauguration by the Minister of...
The Independent Corrupt Practices and Other Related Offences Commission has warned the developer and promoters of the Federal Radio Corporation of Nigeria Multipurpose Cooperative Housing Estate against substandard work. ICPC Chairman, Bolaji Owasanoye, gave the warning during the foundation-laying ceremony...
Of all the sectors that experienced change, pressure and transformation throughout the Covid-19 pandemic, real estate has been unique. The traditionally low-volatility sectors have seen major shifts, but yield and opportunity have moved in surprising directions. And while some...
Vice President Yemi Osinbajo has said that many households are faced with the dilemma of survival between food and inadequate shelter. Osinbajo stated this in Masaka, Nasarawa State at the commissioning of 248 housing units and commemoration of the 1,000th...
The housing market will enter a "new normal" in 2022 due to unprecedented coronavirus pandemic-induced changes to the housing market and subsequent policy responses, according to the latest Fannie Mae forecast. The mortgage giant forecasted that inflation will remain high and...
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