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REAL ESTATE
Homebuilding permits set for slight rise in Northwest Arkansas this year
Data: Census Bureau via housingdata.app; Chart: Axios VisualsNorthwest Arkansas is on track to permit more new housing units than last year, but only by about 2%, according to Census Bureau data.Why it matters: That's a problem for people facing steep housing prices. Experts estimate America is short more than 3 million units of housing, either to rent or buy.The big picture: U.S. metros overall are on track to permit fewer new housing units than last year. Higher interest rates for loans are slowing new-home and apartment construction, according to the National Association of Home Builders.Labor and lot shortages are also...
What’s Good in the Neighborhood | Listen
These Southern agrihoods provide residential connections to the land. Imagine waking up and making an omelet from eggs you grabbed from the chicken co-op in your neighborhood. Then, you bike with the kids to school, pausing to admire a new baby cow in the pasture. You chat with neighbors who have similar values and interests, and then make your way to work with a lunch packed with freshly picked vegetables in your bag. That morning scenario may sound like an agrarian remake of the movie Pleasantville, but that’s life in an agrihood.
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