Found 2 blog entries tagged as Habitat for Humanity.

Volunteers raise a wall for a new Habitat for Humanity home in 2022. MIKE CHRISTEN / ABJ

Austin Business Journal shares, "In its latest effort to help address Austin's affordability crisis, Habitat for Humanity plans to build more than two dozen homes in East Austin’s Whisper Valley community and make them available at below-market prices, with hundreds more planned throughout the metro over the next several years.

The nonprofit is doing so in Whisper Valley through its 2025 Carter Work Project, an annual event that started in 1984 when President Jimmy Carter volunteered with Habitat to build and renovate homes. In Austin, the project will see 25 homes built in a single week this year, with prices starting around $150,000.

“When we think about the Carter project, it’s really about not just a local story, but a national and…

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Aerial view of the Indian Ridge neighborhood of Round Rock. ARNOLD WELLS / ABJ

Austin Business Journal reports, "the Austin metro’s housing inventory is the highest it’s been in more than eight years.

Inventory in the region hit the four-month mark in September, according to the Austin Board of Realtor’s monthly market data. Inventory represents how long it would take to sell all of the homes on the market if new listings stopped, and housing experts say six months of inventory typically represents a healthy balance between supply and demand.

While that may sound promising for a region that's experienced a dearth of new homes, it takes some pain to have the gain. The number of closed sales is notably down. ABOR housing economist Clare Losey said this could be caused by a number of factors, including high interest rates and…

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