January 2022 Housing Alliance Meeting
| When |
Jan 12, 2022
from 10:00 AM to 11:30 AM |
|---|---|
| Where | 125 Live, 25 Elton Hills Dr. NW, Rochester, MN 55901 |
| Add event to calendar |
Outlook/Android
Apple iPhone/iPad Add to Google Calendar
|
Topics Links: January Housing Meeting Notes: Jim Miner 2021 Housing Data; 2022 Focus Items; References: Housing Budget, Webminar, Whitepaper
Housing Meeting Notes
Housing Video (Jim Miner)
Key Points from Jim's Presentation
Jim Miner 2021 data and thoughts (presentation will be attached to email)
-
Jim suggested looking behind HyVee West at all the new housing being developed there
-
Most counties have seen housing prices increase over 10% in 2021
-
56% of Olmsted County home sales were under $300,000
-
Average sold price is up to $361,000 and median up to $310,000 for single family homes
-
There was only a 20-day supply of homes on the market
-
We are selling fewer homes under $300,000
-
Building permits were up 21% for single family
-
Taryn said there is a general increase in the numbers of rental units
2022 Housing Alliance Focus Items Include:
What needs our attention in 2022 for the Housing Alliance?
-
Disability and age in place. Visibility is the key.
-
Interested in knowing how the impact of the pandemic is effecting each of these groups as it related to housing (increased costs, delays, lack of engagement, etc.)
-
Olmsted Public Health would like to hear more about issues related to healthy and safe housing. Might be more applicable to existing housing though.
-
It would be great to try to track progress on securing/providing affordable units for Rochester/Olmsted County. Maybe every 6 months or so, we could compile that data.
References
Olmsted County Housing Department
ADU Webinar Jan 26
Whitepaper: Self-Interest vs Idealogy
More information on google drive