Lucas Downey is the co-founder of MoneyFlows, and an Investopedia Academy instructor. A housing unit, whether an apartment or a single-family house, is a distinct living space whose residents have ...

According to the draft study, single-family detached homes in suburban Pennsylvania and New Jersey average nearly two vehicles per home – 1.87 and 1.81 per unit, respectively.

The median price for a single family home in 2020 was $434,000. Today, it’s around $600,000. The families committed to staying are crowding into housing as they wait for a solution.

Marquette Cos. has broken ground on the Sylvan, a 300-unit community planned with 188 single-family home and town home rentals, plus 112 apartments west of Sawdust Road and Interstate 45.

The biggest increase of all was detached versus attached rentals. Detached rentals, or single-family homes, increased 11.7% from August 2020 to August 2021.

R-1, or single-family housing zones, would have a baseline of 5,000 square feet instead of 7,000 or 12,000. That could potentially allow owners of 5,011 lots to subdivide their property and build ...