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Proposal Would Turn Louisiana School into Affordable Housing for Teachers

Proposal Would Turn Louisiana School into Affordable Housing for Teachers

by Phil Hall | Apr 21, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The superintendent of a Louisiana school board has proposed turning one of its schools into affordable housing for teachers. WAFB reports East Baton Rouge Superintendent LaMont Cole floated the idea of renovating Westminster Elementary School into housing specifically...
Report: Housing Affordability Proves Elusive for Many Teachers

Report: Housing Affordability Proves Elusive for Many Teachers

by Phil Hall | Aug 14, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The average teacher can afford 47.9% of apartments for rent within commuting distance of their school, up from 40.7% in 2023 but down from 58% in pre-pandemic 2019, according to a new data report from Redfin (NASDAQ:RDFN). However, the average teacher can only afford...
Hits and Misses of the Real Estate Week of Nov. 13-17

Hits and Misses of the Real Estate Week of Nov. 13-17

by Phil Hall | Nov 17, 2023 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new office building in Chicago, good news on FHA’s MMI Fund and Nevada teachers fighting against public funding of a baseball stadium. From the wild and wooly world of real estate, here are the hits and misses for the real estate week of Nov. 13-17. Hit: A New...
Average Teacher Can Only Afford 12% of Homes Within Commuting Distance to School

Average Teacher Can Only Afford 12% of Homes Within Commuting Distance to School

by Phil Hall | Aug 15, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The average American teacher can only afford 12% of the homes for sale within commuting distance of their school, according to a new data study from Redfin (NASDAQ:RDFN). The new data is down from 17% in the summer of 2022 and down 30% from pre-pandemic 2019. And the...

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