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Monday, August 19, 2019

Helping people stay in tenancies a 'critical' step toward ending homelessness

Helping people stay in tenancies a 'critical' step toward ending homelessness: The government's new plan to prevent homelessness is being described by service providers as a critical step towards ending the problem.

Sunday, August 18, 2019

US home construction tumbled in July

US home construction tumbled in July: WASHINGTON (AP) — U.S. housing starts fell 4.0% in July, driven by a decline in the construction of apartment buildings. The Commerce Department said Friday that housing starts slipped last month to a seasonally adjusted annual rate of 1.19 million units. So far this year, housing starts have declined 3.1%. While there was a slight 1.3% uptick in the construction of single-family homes last month, the gain was offset by a 17.2% drop in the...

Saturday, August 17, 2019

US home construction fell 4% in July - The Washington Post

US home construction fell 4% in July - The Washington Post: US housing starts fell 4% in July, driven by decline in apartment building construction

Wednesday, August 14, 2019

Refinances Double; 20 Million Homeowners Could See A Mortgage Rate Drop

Refinances Double; 20 Million Homeowners Could See A Mortgage Rate Drop: Mortgage rates hit an almost three-year low last week, and it seems homeowners are finally taking full advantage.

Tuesday, August 13, 2019

'We will become homeless': U.S. residents fear housing rule change could force them out of homes - Reuters

'We will become homeless': U.S. residents fear housing rule change could force them out of homes - Reuters: WASHINGTON (Thomson Reuters Foundation) - Fears are mounting across the United States over a proposal by President Donald Trump's administration that would force tens of thousands of families to choose between splitting up or being homeless together.

Sunday, August 11, 2019

Georgia Dream Homes: Massive Estates You Can Buy

Georgia Dream Homes: Massive Estates You Can Buy: These Georgia dream homes feature state-of-the-art renovations, endless amenities and plenty of space for any family looking to upgrade.

Saturday, August 10, 2019

Rates are low, and mortgages are cheap. So why aren't Americans buying more homes?

Rates are low, and mortgages are cheap. So why aren't Americans buying more homes?: Interest rates are dropping and mortgages are at their cheapest in years, while US consumer spending is alive and well. Sounds like the housing market should be on fire — but it isn't.

Thursday, August 08, 2019

Wednesday, August 07, 2019

Tech companies step up to fund affordable housing, but experts say it’s not enough to curb shortages – GeekWire

Tech companies step up to fund affordable housing, but experts say it’s not enough to curb shortages – GeekWire: Microsoft pledged $500 million for affordable housing in January. Five months later, Google said it would invest $1 billion to help the Bay Area housing crisis. Amazon and Salesforce also announced contributions of their own this year. Major tech companies are stepping up to help mitigate affordable…

Tuesday, August 06, 2019

Homes for sale: What you need to know about HOAs

Homes for sale: What you need to know about HOAs: About 25% to 27% of the U.S. population lives in a homeowners association. What is a HOA and do you want to live in one?

Monday, August 05, 2019

Rent, don't buy, if you answer yes to all these questions Bing Creations

Rent, don't buy, if you answer yes to all these questions Bing Creations: 3 questions to help you determine if it is better to rent or buy your next home; including a look at the factors behind this crucial decision.

Saturday, August 03, 2019

Tiny house law might help address affordable housing crisis | Tacoma News Tribune

Tiny house law might help address affordable housing crisis | Tacoma News Tribune: On July 28, Washington State Senate Bill 5383 went into effect. The law recognizes tiny houses with wheels as legitimate permanent residences. Lawmakers and advocates hope it helps provide affordable housing.

Friday, August 02, 2019

Texas joins growing list of AGs looking to block T-Mobile/Sprint merger | TechCrunch: premises — LiveJournal

Texas joins growing list of AGs looking to block T-Mobile/Sprint merger | TechCrunch: premises — LiveJournal: https://techcrunch.com/2019/08/02/texas-joins-growing-list-of-ags-looking-to-block-t-mobile-sprint-merger/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+Techcrunch+%28TechCrunch%29

Thursday, August 01, 2019

Wednesday, July 31, 2019

Homes for sale: Here's where the housing market is the hottest

Homes for sale: Here's where the housing market is the hottest: Say good-bye to big city life. The most popular areas for homebuyers are in smaller metros, according to Realtor.com’s list of the hottest ZIP codes.

Tuesday, July 30, 2019

America's housing affordability crisis spreads to the heartland

America's housing affordability crisis spreads to the heartland: Low mortgage rates and thriving employment should be the recipe for a strong housing market. Instead, they’re deepening America’s affordability crisis.

Monday, July 29, 2019

Homes for sale: Cash buyers are declining but that could help market

Homes for sale: Cash buyers are declining but that could help market: All-cash home purchases have waned in popularity. The reasons include fading bidding wars, falling mortgage rates and rising prices.

Sunday, July 28, 2019

This is the "fastest growing trend" in the housing industry

This is the "fastest growing trend" in the housing industry: Demand for single-family rental homes is surging, and homebuilders are now stepping in, redesigning and reimagining the sector, and becoming landlords themselves.

Saturday, July 27, 2019

How To Buy a Foreclosed Home

How To Buy a Foreclosed Home: Here's what you need to know as you prep to purchase a foreclosure.

Friday, July 26, 2019

From homeowner to renter — how to handle the transition | The Seattle Times

From homeowner to renter — how to handle the transition | The Seattle Times: Before you sign a lease, make sure you've done your research: Check out the home itself, and read online reviews to see how people like living there.

Thursday, July 25, 2019

Tuesday, July 23, 2019

How to Get a $5,000 Amazon Credit: Buy a House Through Realogy - The New York Times

How to Get a $5,000 Amazon Credit: Buy a House Through Realogy - The New York Times: The online retailer is teaming with an owner of real estate brokerage firms to offer home buyers free Alexa speakers and services like furniture assembly.

Monday, July 22, 2019

Changing Neighborhoods And More Housing Benefit Everyone

Changing Neighborhoods And More Housing Benefit Everyone: The answer to the problems of change isn't schemes to control the ethnic mix of neighborhoods or to embargo new housing supply. The way to make change work for everyone is to allow more housing construction and development so that it is accessible to a wide range of incomes and backgrounds.

Sunday, July 21, 2019

First-time homebuyers struggle with housing slowdown | Fox Business

First-time homebuyers struggle with housing slowdown | Fox Business: Foreign investment in home buying is down, creating fears of a global slowdown in the U.S. housing market.

Saturday, July 20, 2019

Affordable housing gets foothold despite economic challenges - SFGate

Affordable housing gets foothold despite economic challenges - SFGate: MEMPHIS, Tenn. (AP) - Next to a group of homes built 10 years ago on Whitney Avenue in Frayser, two more new homes are now ready for owners.
"This is a work in progress. It's working and we are making progress," Frayser Community Development Corporation president Steve Lockwood said of the construction.
Work is ready to begin on eight additional homes in the same area of Whitney and Woodlawn Terrace. The construction is a collaboration of the Frayser CDC, United Housing and the city, which put up $470,000 in Housing and Community Development funding.
With the money from the sales, Lockwood said his organization hopes to start the ball rolling on 30 more housing sites.
"We've done hundreds of rehabs," he said. "This (new construction) makes a statement, a really visual statement that is different than the rehabs that we do."
In the backyard between the two new homes in a neighborhood with housing stock going back to the 1940s, Lockwood and Memphis Mayor Jim Strickland talked about two years of increases in property values in Frayser.
Several years ago, Lockwood began an advertising campaign that compared a $400 monthly mortgage payment in Frayser to $700-a-month rent els

Friday, July 19, 2019

California’s housing shortage is somewhere between 2.5 million … and zero – Orange County Register

California’s housing shortage is somewhere between 2.5 million … and zero – Orange County Register: My trusty spreadsheet found the statewide residential construction pace, as measured by building permits, is down 43% from the 1963-91 boom years. In that era, the state was 14% of U.S. homebuildin…

Thursday, July 18, 2019

Best places to invest in real estate in the US for new homebuyers - Business Insider

Best places to invest in real estate in the US for new homebuyers - Business Insider: According to Zillow, first-time homebuyers account for 46% of all homebuyers and are more likely than veteran homebuyers to go over their budgets.

Wednesday, July 17, 2019

U.S. housing market stuck in a rut despite lower mortgage rates - Reuters

U.S. housing market stuck in a rut despite lower mortgage rates - Reuters: U.S. homebuilding fell for a second straight month in June and permits dropped to a two-year low, suggesting the housing market continued to struggle despite declining mortgage rates.

Tuesday, July 16, 2019

Landlords Challenge New York’s Rent-Control Law in Federal Court - WSJ

Landlords Challenge New York’s Rent-Control Law in Federal Court - WSJ: Landlord groups on Monday filed a U.S. constitutional challenge to New York’s rent regulations, alleging that state and city governments had, in effect, taken over nearly a million rent-regulated apartments with its new law.

Monday, July 15, 2019

Wave of Hispanic Buyers Boosts U.S. Housing Market - WSJ

Wave of Hispanic Buyers Boosts U.S. Housing Market - WSJ: Hispanics are experiencing the largest homeownership gains of any ethnic group in the U.S., a turnaround for the population hardest hit by the housing bust that could help buoy the market for years.

Sunday, July 14, 2019

Buying a home was the smartest thing I ever did for my money - Business Insider

Buying a home was the smartest thing I ever did for my money - Business Insider: After owning two homes and walking away with a sizable gain, I was able to buy a home in the expensive Southern California real estate market.

Saturday, July 13, 2019

Canada, New Zealand Show Signs of Housing Bubble, Says Study - Bloomberg

Canada, New Zealand Show Signs of Housing Bubble, Says Study - Bloomberg: Canada and New Zealand are the most vulnerable economies to a correction in house prices, with Australia and the U.K. also drawing concern, according to new research from Bloomberg Economics.

Thursday, July 11, 2019

New real estate players want to buy your house | Real Estate | Dallas News

New real estate players want to buy your house | Real Estate | Dallas News: Forrest Stewart was ready to sell his East Dallas condo, but he dreaded the hassle.I was going to have to move all my things out and do repairs,...

A new Redfin-Opendoor ‘iBuying’ partnership is another real estate transformation - MarketWatch

A new Redfin-Opendoor ‘iBuying’ partnership is another real estate transformation - MarketWatch: A new partnership between a traditional real estate brokerage and a new tech-enabled disruptor points to a real estate market in the middle of immense flux,...

Wednesday, July 10, 2019

New bill slashes FHA mortgage insurance for first-time homebuyers | 2019-07-10 | HousingWire

New bill slashes FHA mortgage insurance for first-time homebuyers | 2019-07-10 | HousingWire: The House of Representatives passed a bill Tuesday that slashes the cost of upfront mortgage insurance for first-time homebuyers using mortgages backed by the Federal Housing Administration. The Housing Financial Literacy Act of 2019, or H.R. 2162, stipulates that first-time homebuyers who complete a housing counseling program to learn about sustaining homeownership can get a 25-basis-point discount (0.25%) on their upfront mortgage insurance for an FHA loan. The Mortgage Bankers Association applauded the bill’s passage. "MBA has long advocated for increased access to housing counseling as . . .

Tuesday, July 09, 2019

The housing market is about to shift in a bad way for buyers

The housing market is about to shift in a bad way for buyers: Inventory began to grow in the second half of last year, but supply will soon drop yet again, and could hit a new low.

Monday, July 08, 2019

Housing Market Check-In: 6 Expert Predictions For The Second Half Of 2019

Housing Market Check-In: 6 Expert Predictions For The Second Half Of 2019: The year has so far been a promising one for would-be homebuyers. The seemingly unending rise in home prices started to slow, mortgage rates dipped to unexpected lows and Millennials have finally started buying in. But will these positive trends continue? Experts weigh in.

Wednesday, July 03, 2019

A trend in housing could be pointing toward a recession

A trend in housing could be pointing toward a recession: Housing is providing another in a line of troubling signs pointing to a substantial economic downturn.

Sunday, June 30, 2019

Saturday, June 29, 2019

Thursday, June 27, 2019

13 things rich millennials look for in a luxury home - Business Insider

13 things rich millennials look for in a luxury home - Business Insider: Rich millennials like a luxury home with function. They care more about quality and convenience and less about size, according to real-estate agents.

Tuesday, June 25, 2019

Sunday, June 23, 2019

How to invest in real estate to make money and build wealth - Business Insider

How to invest in real estate to make money and build wealth - Business Insider: Investing in real estate can be a good way to generate passive income, but it's also a huge commitment of time and money.

Saturday, June 22, 2019

LA to build 824 affordable-housing units, make pedestrian and cycling improvements with $85 million state grant – Daily News

LA to build 824 affordable-housing units, make pedestrian and cycling improvements with $85 million state grant – Daily News: More than 800 units of affordable housing can be built with grant funding Los Angeles received Friday from the state, according to the city’s Housing and Community Investment Department.

Friday, June 21, 2019

8 things to consider before buying a property to renovate - Business Insider

8 things to consider before buying a property to renovate - Business Insider: Renovating a "Grandma's house" offers a solution and might help buyers get a "deal" they may not normally get in a more competitive market.

Thursday, June 20, 2019

If You Ever Want To Retire, Here's The Best Way To Refinance Your Mortgage

If You Ever Want To Retire, Here's The Best Way To Refinance Your Mortgage: The usual reasons to refinance are to reduce the monthly payment or to raise cash. The third option, which is under-appreciated, is to shorten the period of indebtedness.

Tuesday, June 18, 2019

Sunday, June 16, 2019

Don't raid your pension savings to buy a property - MoneyWeek

Don't raid your pension savings to buy a property - MoneyWeek: Housing minister James Brokenshire has suggested you should be able to raid your pension savings to fund the purchase of your first home. You shouldn't.

Saturday, June 15, 2019

Are You Able to Find a Fine Real Estate Broker For Your Self? Here’s What You Should Know

Are You Able to Find a Fine Real Estate Broker For Your Self? Here’s What You Should Know: The real estate market in India, in recent times, has become flooded with real-estate agents and brokers vying to win over home buyers, and thus, you need to be careful

Wednesday, June 12, 2019

Tuesday, June 11, 2019

Real-estate sector ‘at the tipping point’ prompts stock analyst to flip his ratings - MarketWatch

Real-estate sector ‘at the tipping point’ prompts stock analyst to flip his ratings - MarketWatch: All the long-promised changes in residential real estate are finally upon us, says one analyst in a recent note, changing his outlook on the stocks under his...

Council Post: Six Questions Real Estate Team Leaders Should Ask Their Brokerage Firms

Council Post: Six Questions Real Estate Team Leaders Should Ask Their Brokerage Firms: Your real estate team and your clients' well-being are in your hands. Make sure you're asking the right questions to get what you need from your brokerage firm.

Saturday, June 08, 2019

American History Of Real Estate Bubbles

American History Of Real Estate Bubbles: From land speculation in New York state after the Revolutionary War, to a huge bubble in Chicago in the 1830s, to our 21st century bubble, the United States has always been a nation of real estate speculators, according to Edward Glaeser of Harvard University

Thursday, June 06, 2019

San Francisco's housing market: 11 mind-blowing facts - Business Insider

San Francisco's housing market: 11 mind-blowing facts - Business Insider: San Francisco has the most expensive real estate in the US, surpassing New York City with an average asking price of almost $1.3 million.

Wednesday, June 05, 2019

Los Angeles homelessness rises sharply as housing crisis deepens - Reuters

Los Angeles homelessness rises sharply as housing crisis deepens - Reuters: 4 Min Read

LOS ANGELES (Reuters) - Los Angeles County’s homeless population has swelled by 12% during the past year as a shortage of affordable housing deepens in and around America’s second-largest city, pushing more people into poverty, a study released on Tuesday found.

Tuesday, June 04, 2019

How Much Do Grandparents Spend on Childcare | POPSUGAR Family

How Much Do Grandparents Spend on Childcare | POPSUGAR Family: Many grown children are hitting up the "bank of mom and dad" to fund major adult milestones. In 2018, about 1 in 5 home purchases were funded partially by parents. And practically all grandparents in America — 94 percent — provide some financial support to help cover the cost of raising their grandchildren. Today, millennials don't just need their parents to help them buy a house; they need their help to fund childrearing, too. While the intergenerational dependence can foster family bonds, it also highlights just how expensive it is to raise a kid in America.

Saturday, June 01, 2019

Homebuyers, here's how much you could have saved by shopping around for a mortgage last week | 2019-05-31 | HousingWire

Homebuyers, here's how much you could have saved by shopping around for a mortgage last week | 2019-05-31 | HousingWire: The index measures the spread in the APR of the best offers available on its website. LendingTree derives that savings claim by comparing the amount a borrower would pay out of over the life of a loan at the lowest available interest rate on its site versus the highest available interest rate.

Friday, May 31, 2019

The Racist Origins of San Francisco’s Housing Crisis | The New Republic

The Racist Origins of San Francisco’s Housing Crisis | The New Republic: For decades, the city used strict zoning laws to target the poor and people of color. Today, liberal NIMBYs are fighting to preserve them.

Wednesday, May 22, 2019

Real Estate Earnings Recap: Housing REITs Lead Recovery | Seeking Alpha

Real Estate Earnings Recap: Housing REITs Lead Recovery | Seeking Alpha: Following several years of floundering stock price performance, REITs have outperformed in 2019, boosted by receding interest rates and strengthening property-l

Tuesday, May 21, 2019

U.S. existing home sales fall for second straight month - Reuters

U.S. existing home sales fall for second straight month - Reuters: U.S. home sales fell for a second straight month in April amid weakness in the lower-priced segment of the market, which is suffering from an acute shortage of properties.

Monday, May 20, 2019

The 9 biggest mistakes people make when they try to sell their homes - Business Insider

The 9 biggest mistakes people make when they try to sell their homes - Business Insider: We asked real-estate agents about the mistakes people make when trying to sell their homes. The most common mistake is overpricing a home.

Sunday, May 19, 2019

Home sales are held up; Baltimore ransomware attack cripples systems vital to real estate deals - Baltimore Sun

Home sales are held up; Baltimore ransomware attack cripples systems vital to real estate deals - Baltimore Sun: People buying homes rely on the city to verify that properties are free of liens and to complete the recording of new deeds. Title companies also use information from the city to calculate outstanding water bills. Those processes have been disrupted by the hack, according to real estate agents and a bulletin from a title insurance company.

Saturday, May 18, 2019

17 real-estate agents reveal the worst parts of their jobs - Business Insider

17 real-estate agents reveal the worst parts of their jobs - Business Insider: Business Insider asked real-estate agents about the worst parts of their jobs. Several agents said it was managing clients' unrealistic expectations.

Friday, May 17, 2019

Trump's tax overhaul is taking a toll on Hamptons real-estate market - Business Insider

Trump's tax overhaul is taking a toll on Hamptons real-estate market - Business Insider: Home prices are plummeting in the Hamptons, the vacation destination of NYC's wealthy elite. Trump's 2016 federal tax reform makes it more expensive to own luxury homes.

Wednesday, May 15, 2019

Does Commercial Real Estate Have An Augmented Reality Problem?

Does Commercial Real Estate Have An Augmented Reality Problem?: While Augmented Reality, or AR, has mostly been focused on retail brands, commercial real estate owners will also need to pay attention to this disruptive technology. Whether it is for profit or protection, owners will need to develop a set of guidelines on how AR will be used at their properties.

Tuesday, May 14, 2019

Google's Roshan Corsiglia is a Woman of Influence for 2019 - Silicon Valley Business Journal

Google's Roshan Corsiglia is a Woman of Influence for 2019 - Silicon Valley Business Journal: Roshan Corsiglia pushing herself is nothing new, as the daughter or Iranian immigrants also trained for the 2004 and 2008 Olympic trials as a sprint freestyle swimmer and continues to swim regularly.

Monday, May 13, 2019

How to lower your monthly mortgage payment without refinancing

How to lower your monthly mortgage payment without refinancing: Your mortgage is probably one of the biggest bills you pay every month. Most people lock in their interest rate and monthly payment for 15 or 30 years.

Saturday, May 11, 2019

Microsoft announces new Bing Maps SDK for iOS, Android and Mixed-Reality apps - MSPoweruser

Microsoft announces new Bing Maps SDK for iOS, Android and Mixed-Reality apps - MSPoweruser: @pradeepviswav
May 6, 2019 at 16:34 GMT

At Build 2019, Microsoft today made three new announcements related to Bing Maps platform for developers.

First, Microsoft is releasing a brand-new Bing Maps SDK for iOS and Android platforms that will allow developers to write mapping applications. This new SDK features new controls powered by a full-vector 3-D map engine with a number of standard mapping capabilities running with native performance.

Friday, May 10, 2019

Young real estate flippers get their first taste of losing

Young real estate flippers get their first taste of losing: After piling in when the market was hot, investors are facing losses from homes that take too long to sell.

Thursday, May 09, 2019

Redfin looks to disrupt real estate again with new program letting homebuyers make direct offers online without an agent – GeekWire

Redfin looks to disrupt real estate again with new program letting homebuyers make direct offers online without an agent – GeekWire: Redfin quietly launched a new feature that lets homebuyers without an agent make offers on homes directly through its website, bringing back an initiative the company first tried more than a decade ago.

Tuesday, May 07, 2019

Real Estate’s Latest Bid: Zillow Wants to Buy Your House - The New York Times

Real Estate’s Latest Bid: Zillow Wants to Buy Your House - The New York Times: Offering “instant buying” to home sellers, companies like Zillow and Opendoor are bringing liquidity to the housing market. Critics fear they will also bring risk.

Monday, May 06, 2019

Banks tighten standards on commercial real estate, credit card loans - Reuters

Banks tighten standards on commercial real estate, credit card loans - Reuters: U.S. banks tightened standards on commercial real estate loans and on credit card borrowing during the first quarter, according to a survey of bank officers published on Monday.

Sunday, May 05, 2019

Longest-running housing discrimination case outlives judge - ABC News

Longest-running housing discrimination case outlives judge - ABC News: Get breaking national and world news, broadcast video coverage, and exclusive interviews. Find the top news online at ABC news.

Friday, May 03, 2019

Thursday, May 02, 2019

Real estate market: How to buy a home this spring

Real estate market: How to buy a home this spring: First-time homebuyer Rachael Waldburger started her search for a house in March with the hope she and her husband would quickly find a property that met their goals. Nothing fancy, just a home in good shape with three bedrooms and a couple of acres of land, the Wisconsin middle-school teacher said.

Wednesday, May 01, 2019

Downsizing strategies for seniors: No stress required, Realtor says

Downsizing strategies for seniors: No stress required, Realtor says: The first stress-reducing advice Becky Ivins offers senior sellers, or family members working with them, is to make a plan.

Tuesday, April 30, 2019

Your House Should Not Be Your Retirement Plan - Barron's

Your House Should Not Be Your Retirement Plan - Barron's: For many Americans, their nest egg is their house. But real estate isn’t a great investment if you’re saving for retirement. Neither are annuities or reverse mortgages.

Sunday, April 28, 2019

D.R. Horton Offsets a Weak Housing Market With Recent Acquisitions -- The Motley Fool

D.R. Horton Offsets a Weak Housing Market With Recent Acquisitions -- The Motley Fool: While other homebuilders have reported lower sales numbers this past quarter, D.R. Horton's new toys led to a 9% revenue increase.

Saturday, April 27, 2019

Thursday, April 25, 2019

Report: Long Island home sales edge down as prices rise | Newsday

Report: Long Island home sales edge down as prices rise | Newsday: Long Island home sales edged down at the beginning of the year as prices rose for the 24th straight quarter, a new report says.

The median price of homes on Long Island, excluding the Hamptons and the North Fork, climbed 4.9 percent in the first quarter to $429,999, real estate brokerage Douglas Elliman and appraisal company Miller Samuel said in a new report. That compares to $410,000 in the first quarter of 2018.

Tuesday, April 23, 2019

City showcases 7 new affordable housing units in West Greenville

City showcases 7 new affordable housing units in West Greenville: - Greenville City leaders are showcasing the latest venture to expand affordable housing options during "National Community Development Week."

West Greenville is flourishing with housing options that won't break the bank.

Monday, April 22, 2019

Cities offer housing subsidy for talents - Chinadaily.com.cn

Cities offer housing subsidy for talents - Chinadaily.com.cn: The city competition for talents in China heats up, as an increasing number of cities offer favorable housing policies to attract residents.

Ningbo in East China's Zhejiang province is one of the most recent entrants to join in. Last Sunday, the city published its latest policy interpretation for talent attraction.

Fresh undergraduates and postgraduates moving to Ningbo for employment are given a one-off living subsidy of 10,000 yuan ($1,490) and 30,000 yuan, respectively. The city also offers a 200,000 to 600,000 yuan home purchase subsidy and a maximum of 8 million yuan in household settlement subsidies for eligible high-end talents.

Sunday, April 21, 2019

London Home Prices Had Biggest Monthly Drop Since Lehman | Wolf Street

London Home Prices Had Biggest Monthly Drop Since Lehman | Wolf Street: London home prices in February took their biggest one-off hit since the dark days of the last crisis, according to data published Thursday by the UK’s Office of National Statistics. The average price of a residential property in London tumbled 2% in February from January, the sharpest monthly drop since November 2008, when the City was grappling with the fallout from the Lehman Brothers bankruptcy. For the 12-month period, the average price dropped 3.8%, the sharpest year-over-year fall since August 2009, during the Global Financial Crisis. The average home in London is now worth £459,800 ($600,000), down 5.9% from the peak in July 2017:

Saturday, April 20, 2019

Housing starts fall to slowest pace since 2017 led by flood-ravaged Midwest | 2019-04-19 | HousingWire

Housing starts fall to slowest pace since 2017 led by flood-ravaged Midwest | 2019-04-19 | HousingWire: Housing starts in March fell to the slowest pace in almost two years, according to a report from the Department of Housing and Urban Development and the Department of Commerce. Residential starts slumped 0.3% to a 1.139 million annualized pace after a downwardly revised 1.142 million rate in the prior month, according to the report. The decrease was led by single-family starts while multifamily starts, a category including condominiums and apartments that tends to be more volatile, remained unchanged from the prior month. Permits, an . . .

Thursday, April 18, 2019

Council Post: Four Ways To Prepare For The Coming Real Estate Downturn

Council Post: Four Ways To Prepare For The Coming Real Estate Downturn: While there’s no reason for real estate operators to panic, adequately addressing a down market is an essential part of business survival.

Wednesday, April 17, 2019

Should Home Sellers Use a Real Estate Team or a Single Agent? | U.S News Real Estate

Should Home Sellers Use a Real Estate Team or a Single Agent? | U.S News Real Estate: Solo agents are an industry standard, but teams offer a novel alternative. Here's what sets the two arrangements apart.

Tuesday, April 16, 2019

Houston tilts towards becoming buyers' market, according to Redfin - Houston Chronicle

Houston tilts towards becoming buyers' market, according to Redfin - Houston Chronicle: Houston is tilting more toward becoming a buyers' market, according to a Redfin report. The percentage of buyers who have been able to close on the first home they place an offer on has jumped more than 25 percent from last year -- a sign that the odds are shifting to favor buyers.

In the first quarter of 2019, 52 percent of Houston-area homebuyers were able to close on the first home on which they placed on offer, compared to 41 percent the year before.

Monday, April 15, 2019

A Platform That Helps Low-Income Americans Find Affordable Housing

A Platform That Helps Low-Income Americans Find Affordable Housing: When Caroline Caselli was a social worker in San Francisco working with homeless families not long ago, she noticed something odd. “They were getting pulled off the affordable housing list much more often than people who were already in stable housing,” she says. What she discovered was that, while property managers were required to contact people on that all-important list every year, those individuals who didn’t respond were simply removed from the roster.

Saturday, April 13, 2019

Black for homes is trending, inside and out - Los Angeles Times

Black for homes is trending, inside and out - Los Angeles Times: A black home presents a singular dichotomy. Set against a sapphire sky and viridescent landscape, it can nearly buzz with bracing contrast. A black exterior also augments a home’s shape, as it smartly traces a structure’s mass and lines.

Friday, April 12, 2019

Thursday, April 11, 2019

Wednesday, April 10, 2019

'Survival Of The Fittest': Real Estate Pros Predict Far Fewer Agents

'Survival Of The Fittest': Real Estate Pros Predict Far Fewer Agents: Real estate leaders at Inman's Disconnect event agreed that lower-producing agents will likely drop out in the future

Sunday, April 07, 2019

How the Bay Area housing crisis hurts region's youngest residents

How the Bay Area housing crisis hurts region's youngest residents: It's not a good sign when middle-schoolers know all about rent control and just-cause eviction.

Saturday, April 06, 2019

Low mortgage rates won't heat up the housing market, analysts say | 2019-04-05 | HousingWire

Low mortgage rates won't heat up the housing market, analysts say | 2019-04-05 | HousingWire: Mortgage rates have dropped significantly as of late, with the 30-year fixed coming in at an average of 4.08% this week. The development has spurred activity in purchase mortgage applications as homebuyers act now to take advantage of the low rates while they’re here. But analysts at Capital Economics warn against getting too excited about the possibility that low rates will heat up the housing market.   “Mortgage interest rates have dropped sharply since the end of last year, and the 30-year fixed rate is . . .

Friday, April 05, 2019

US housing market: The most expensive counties in each state

US housing market: The most expensive counties in each state: The typical U.S. home costs a quarter of a million dollars, the National Realtors Association says. Most states have at least one county even pricier.

Thursday, April 04, 2019

Sen. Wiener's SB 50 bill could alter California housing and S.F. skyline, passes first hurdle - L.A. Biz

Sen. Wiener's SB 50 bill could alter California housing and S.F. skyline, passes first hurdle - L.A. Biz: This is State Sen. Scott Wiener’s second recent attempt at tackling California’s housing crisis by encouraging denser and taller buildings near transit and “job-rich areas.” Opponents, including members of the San Francisco Board of Supervisors, say it would lead to density in inappropriate places and accelerate gentrification.

Wednesday, April 03, 2019

Facebook sets its sights on housing. Should Zillow be worried? - MarketWatch

Facebook sets its sights on housing. Should Zillow be worried? - MarketWatch: In March, Facebook said it had agreed to a settlement with civil rights groups over discrimination in the way it has allowed advertisers to target audiences.

In an announcement about the settlement, the company said, “Anyone who wants to run housing, employment or credit ads will no longer be allowed to target by age, gender, or zip code.”

Monday, April 01, 2019

Looking to sell your home? Put it on the market this week

Looking to sell your home? Put it on the market this week: When it comes to getting the timing right for listing a home for sale, April 1 is no joke.

The first week of April is set to be the best moment to put a home on the market this year, according to a recent analysis from Realtor.com. Homes listed between March 31 and April 6 are projected to get 14% more views and 5% less competition.

As a result, Realtor.com estimates that these homes will sell on average six days faster and fetch 6% higher prices on average, which equates to a gain for the seller of $17,000 for the typical listing. The high demand these homes should encounter also means sellers who put their home on the market then are 1% less likely to have to drop the price.

Sunday, March 31, 2019

As rents rise in the Twin Cities, suburbs embrace affordable housing efforts - StarTribune.com

As rents rise in the Twin Cities, suburbs embrace affordable housing efforts - StarTribune.com: Each month, Beth Ehresman has barely enough money to pay the pile of bills on her dining room table.

But Ehresman, who has a medical disability, is fortunate to live in an Edina apartment where her rent is based on her income. Without that assistance, she would be at risk of joining the growing ranks of homeless.

“It’s been so helpful,” she said. “I can actually afford groceries most months.”

Friday, March 29, 2019

New-home sales rise in February to 11-month high: a ‘Goldilocks’ moment for housing? - MarketWatch

New-home sales rise in February to 11-month high: a ‘Goldilocks’ moment for housing? - MarketWatch: The numbers: New-home sales ran at a seasonally adjusted annual 667,000 pace in February, the Commerce Department said Friday. That was 4.9% higher than January’s rate, but just 0.6% above year-ago levels.

Thursday, March 28, 2019

Home Remodeling Projects That Give You the Most Return on Your Investment - TheStreet

Home Remodeling Projects That Give You the Most Return on Your Investment - TheStreet: Your return on investment is an important consideration on which home remodel project you choose, and how much to spend on it.

Monday, March 25, 2019

Cousins Properties to acquire rival in major real estate merger

Cousins Properties to acquire rival in major real estate merger: Cousins Properties, one of Atlanta’s best-known developers and largest office landlords, on Monday announced it will merge with Dallas rival TIER REIT in an all-stock deal that will create a nearly $6 billion real estate company by stock value.

Sunday, March 24, 2019

Brexit Housing Crash Fears Stay in London as Regions Catch Up - Bloomberg

Brexit Housing Crash Fears Stay in London as Regions Catch Up - Bloomberg: The Brexit-inspired decline in London’s property values has yet to cause any serious ripples in other areas of the U.K.

While price-growth and activity may be slowing amid the uncertainty, almost every other major urban area in the country is still experiencing a rising market, according to Acadata. It’s a national divide that’s all too apparent to real estate agents in northern England who aren’t too worried about the U.K.’s departure from the European Union.

Saturday, March 23, 2019

Mortgage Rates Lowest in a Year: Top 4 Housing Picks

Mortgage Rates Lowest in a Year: Top 4 Housing Picks: The U.S. housing market started building up strength since the beginning of 2019, after a torrid second half of 2018. Declining mortgage rates and moderate home prices are likely to bring about a busy spring selling season for the industry.

Per mortgage finance company Freddie Mac’s Primary Mortgage Survey, the average U.S. 30-year fixed-rate mortgage slipped to the lowest level in a year to 4.28% for the week ended Mar 21 from 4.31% recorded a week ago. The said figure was also lower than the year-ago 4.45%.

Friday, March 22, 2019

Otago families forced into tents, cars and caravans due to affordable housing shortfall | Stuff.co.nz

Otago families forced into tents, cars and caravans due to affordable housing shortfall | Stuff.co.nz: Central Otago's mayor has shared "despairing" stories of families struggling to put roofs over their heads because of a lack of affordable housing.

Thursday, March 21, 2019

US average mortgage rates fall; 30-year at 4.28 percent | Biloxi Sun Herald

US average mortgage rates fall; 30-year at 4.28 percent | Biloxi Sun Herald: U.S. long-term mortgage rates fell this week, giving an incentive to potential buyers as the spring homebuying season opens.

Mortgage buyer Freddie Mac said Thursday the average rate on the 30-year, fixed-rate mortgage declined to 4.28 percent from 4.31 percent the previous week.

Wednesday, March 20, 2019

Black smoke over Houston is part of the deal - HoustonChronicle.com

Black smoke over Houston is part of the deal - HoustonChronicle.com: Farmers complain that consumers think their food comes from the back of the grocery store; refiners complain people think chemicals spontaneously flow up from the ground.

Tuesday, March 19, 2019

How Houston stacks up for first-time homebuyers - Houston Chronicle

How Houston stacks up for first-time homebuyers - Houston Chronicle: Houston was in the bottom third among the nation's priciest housing markets on a list of the best metro areas for first-time homebuyers, according to a new study by Bankrate.com.

Monday, March 18, 2019

The Best Time To List Your Home For Spring Buyers

The Best Time To List Your Home For Spring Buyers: According to Realtor.com, the best time to list your house for a quicker sale is around the first week of April.

Sunday, March 17, 2019

Top Property: Rolling Hills Estates in the South Bay - Story | KTTV

Top Property: Rolling Hills Estates in the South Bay - Story | KTTV: For this week's Top Property, Marla Tellez is headed to the Palos Verdes Peninsula to tour the newest development in Rolling Hills Estates.

It's a 228-acre enclave that includes the Rolling Hills Country Club and dozens of custom-built homes.

Terry Niemann and Katharine Meier of Chadmar Residences show off the "Modern Farmhouse" and "European Ranch"-style homes ranging in size between 3,700 and 5,600 sq. ft. Each has 4 to 6 bedrooms and bathrooms with ocean, golf course, and/or downtown Los Angeles views and all embrace the indoor-outdoor lifestyle.

Saturday, March 16, 2019

Seventh Circuit Blesses Tax Free Housing Payments To Clergy

Seventh Circuit Blesses Tax Free Housing Payments To Clergy: In a long-awaited decision, the Seventh Circuit has overturned Judge Barbara Crabb's decision that Code Sec 107(2) that allows the exclusion from taxable income of cash housing allowances to "ministers of the gospel". This is the second time Seventh Circuit has overturned Judge Crabb on this issue.

Friday, March 15, 2019

What the Most Successful Airbnb and VRBO Hosts Know About Staging Their Home | Apartment Therapy

What the Most Successful Airbnb and VRBO Hosts Know About Staging Their Home | Apartment Therapy: So you’ve decided to rent out your pad to earn some extra cash. Depending on where you live, you can stand to make a hefty profit by making your home available for rental through services like Airbnb and VRBO.

Wednesday, March 13, 2019

Signs Of Spring In Houston's Housing Market

Signs Of Spring In Houston's Housing Market: Even a statistically flat housing market has its nuance and movement.

Houston Association of Realtor’s February report, released today, suggests the market has enough activity to be “emerging from the winter doldrums.” Single-family home sales priced between $150,000 and $750,000 rose and available inventory grew as the spring buying season begins.

Monday, March 11, 2019

Real Estate Mogul Taunts Ex-Wife With 42-Foot-Tall Photo of New One - The New York Times

Real Estate Mogul Taunts Ex-Wife With 42-Foot-Tall Photo of New One - The New York Times: After a nasty divorce, Harry Macklowe, a real estate developer, hung photographs of himself and his bride on the sides of a Midtown Manhattan building.

Sunday, March 10, 2019

What's the Difference Between a Real Estate Agent, Realtor and Broker? | Real Estate | US News

What's the Difference Between a Real Estate Agent, Realtor and Broker? | Real Estate | US News: The process of choosing a real estate agent should be a careful one. You want to work with a professional who will not only act in your best interest, but will also effectively guide you every step of the way so you feel confident about your home sale or purchase.

But when you’re browsing for potential agents, how do you decipher the differences between a licensed agent, a Realtor and a broker? Does one guarantee you an unmatched level of service, and should you take the title into account when deciding who to work with?

Saturday, March 09, 2019

Wall Street weekahead: Housing shares dependent on economy easing but not falling | Reuters

Wall Street weekahead: Housing shares dependent on economy easing but not falling | Reuters: The pace of U.S. economic growth may prove to be critical for shares of homebuilders, which have climbed sharply as spring approaches. An easing economy that allows for lower interest rates supports an optimistic outlook for the industry, investors say, but any hints of a sustained downturn could sink shares.

Friday, March 08, 2019

Housing starts heat up in January, climb whopping 18.6% | 2019-03-08 | HousingWire

Housing starts heat up in January, climb whopping 18.6% | 2019-03-08 | HousingWire: Home starts significantly heated up in January, according to the latest report from the U.S. Dept. of Housing and Urban Development and the U.S. Dept. of Commerce. Housing starts rose a whopping 18.6% in January 2019 to a seasonally adjusted annual rate of 1.23 million units, according to the report, which was delayed due to the more than month-long partial government shutdown. “In January, the 18.6% monthly increase in housing starts reflects rising consumer sentiment and builder confidence,” First American Chief Economist Mark Fleming said. Despite the headwinds, home builders . . .

Thursday, March 07, 2019

Kate and William shocked as they see inside crumbling home to understand housing crisis | Royal | News | Express.co.uk

Kate and William shocked as they see inside crumbling home to understand housing crisis | Royal | News | Express.co.uk: KATE, the Duchess of Cambridge, and Prince William swapped the luxury of Kensington Palace for a derelict house in Blackpool during a visit to Lancashire today as they saw first hand the work being done to tackle the town’s housing crisis.

Tuesday, March 05, 2019

Make Sure You Know All the Information Before Buying a New House

Make Sure You Know All the Information Before Buying a New House: This home is one of the dozens across Casper for sale.

Buying a home, whether new or previously owned, is a big purchase for all of us.

Housing counselors say there are many factors to take into consideration before deciding whether or not to purchase a home including location and size.

Monday, March 04, 2019

5 Senior Housing Options: Make the Right Choice for Yourself or a Loved One

5 Senior Housing Options: Make the Right Choice for Yourself or a Loved One: Where are your aging parents going to live? Or, if you're the one getting on in years, where should you go, where you can get as little or as much help as you require?

Sunday, March 03, 2019

Trouble In The Housing Market

Trouble In The Housing Market: Today’s disappointing data for December housing starts and permits is not a one-off situation. Of course, the month on month data is volatile (and subject to very large revisions) due to difficult seasonal adjustment factors and to changes in the weather, but the Year on Year (YoY) trend is more reliable and has been showing weakness for quite a long time. For housing starts, this is the third negative YoY reading in a row, something that has not occurred since 2011:

Saturday, March 02, 2019

Solve the housing crisis? Silicon Valley leaders hash it out

Solve the housing crisis? Silicon Valley leaders hash it out: Connect the Bay Area’s 27 transit agencies. Build more housing near transportation hubs. Write new zoning rules in Sacramento. And try again on a failed local housing bond.

That’s the way to tackle the Bay Area’s housing crunch and traffic woes, according to a group of high-powered local and state leaders who gathered in Campbell on Friday. The tone of the day — dubbed the 2019 Silicon Valley Regional Economic Forum — was cautiously optimistic, as experts laid out possible solutions, pointed out obstacles, and highlighted recent failures and successes.

Friday, March 01, 2019

U.S. housing market stuck in soft patch; confidence rises | Reuters

U.S. housing market stuck in soft patch; confidence rises | Reuters: U.S. homebuilding tumbled to a more than two-year low in December as construction of both single and multi-family housing declined, the latest indication that the economy had lost momentum in the fourth quarter.

Thursday, February 28, 2019

How tiny shotgun houses can help solve Dallas' housing crisis — if we'd just stop knocking them down | Architecture | Dallas News

How tiny shotgun houses can help solve Dallas' housing crisis — if we'd just stop knocking them down | Architecture | Dallas News: It should come as no surprise that in Dallas, a city known (or perhaps notorious) for its mansions and McMansions, the lowly shotgun house has become an endangered architectural species. These small houses, typically with three rooms aligned back-to-back (a shotgun blast ostensibly could go straight through without hitting an interior wall) were once common in low-income and working-class areas, especially neighborhoods designated for African-Americans during the Jim Crow era.

Wednesday, February 27, 2019

Portland area’s heated real estate market continues to cool - oregonlive.com

Portland area’s heated real estate market continues to cool - oregonlive.com: Home prices in the Portland area rose last year at their slowest rate since 2012.

Prices were 3.9 percent higher in December than a year earlier, according to the S&P CoreLogic Case-Shiller home price index. That’s the slowest rate of annualized growth since September 2012, when the region was just emerging from the housing bubble collapse.

Tuesday, February 26, 2019

San Fernando Valley’s housing market used to be hotter than heck. But buyers are getting a chance as things cool off – Daily News

San Fernando Valley’s housing market used to be hotter than heck. But buyers are getting a chance as things cool off – Daily News: If neighborhoods were showrooms and homes were the product on the showroom floor, get ready: In 2019, the shelves are expected to be well-stocked in the San Fernando Valley.

New numbers out from the Southland Regional Association of Realtors show a 3.3-month supply of homes out on the market for sale. Put another way, the 1,304 active listings (homes and condos for sale) in the Valley market in January was a 42 percent increase than a year ago. The last time the inventory of homes was that high in the San Fernando Valley was 2015, when Barack Obama was president and critics were saying Donald Trump didn’t have a chance to win the presidency.
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The lesson: Things change.

Monday, February 25, 2019

How the next stock market crash could be hastened by a surging deficit - Business Insider

How the next stock market crash could be hastened by a surging deficit - Business Insider: Vincent Deluard, a macro strategist at INTL FCStone, explains how the swelling deficit could be detrimental to an already-vulnerable stock market.

Sunday, February 24, 2019

Modernizing Real Estate: The Property Tech Opportunity

Modernizing Real Estate: The Property Tech Opportunity: Two years ago, I started investing in multi-family real estate in my free time. As I invested in properties, I discovered that every deal required piles of paperwork, arbitrarily large transaction costs, and unexpected delays. Since my expertise is in tech investing, I decided to investigate whether tech-enabled solutions could solve the pain points that I experienced first-hand when dabbling in real estate. I learned that beyond the headline-grabbing companies like WeWork and Airbnb, there are many emerging solutions to the critical problems facing this industry.

Saturday, February 23, 2019

UNCC study examines state of housing in Charlotte - Charlotte Business Journal

UNCC study examines state of housing in Charlotte - Charlotte Business Journal: Charlotte's population growth — driven in large part by number of available jobs and an overall low cost of living and doing business — has far outpaced new housing supply, resulting in huge growth in housing pricing.

Friday, February 22, 2019

How Do I Find My Property Lines? | Real Estate | US News

How Do I Find My Property Lines? | Real Estate | US News: When you look at your house and yard, you're fairly confident you know your property lines. The neighbor's fence and where you mow your grass all seem to match the boundaries between other houses on your street. A fence here and there may slightly stray into someone else's yard, but for the most part everything seems about right.

Now imagine being so wrong about your property lines that your house is built on the completely wrong lot.

Thursday, February 21, 2019

Study Says People Aren’t Using Real Estate Agents, for Bad Reasons | Apartment Therapy

Study Says People Aren’t Using Real Estate Agents, for Bad Reasons | Apartment Therapy: From skipping title insurance to letting the seller stay in the home after closing, there’s a lot of bad real estate advice out there. But one of the most ill-advised tips? You don’t need a real estate agent. The benefits of using an agent are well-documented, but it seems like an alarming amount of people haven’t gotten the memo. According to a new report from the home-improvement networking website Porch, a sizable portion of people across age groups are choosing not to work with a real estate agent while buying a home.

Wednesday, February 20, 2019

Homeowners facing long list of problems with Pulte Homes

Homeowners facing long list of problems with Pulte Homes: It's the American dream. You buy a new house and as you settle in, it becomes a home. Unfortunately, a long list of complaints is keeping a group of local homeowners from getting comfortable. 13 Consumer Advocate Tricia Kean looks at the little hassles adding up to big headaches for some Henderson residents.

Tuesday, February 19, 2019

'Property Brothers' Jonathan and Drew Scott Get Yet Another HGTV Series

'Property Brothers' Jonathan and Drew Scott Get Yet Another HGTV Series: HGTV duo Jonathan and Drew Scott apparently, somehow have time to do yet another show. The popular cable channel has ordered "Property Brothers: Forever Home" to series.

The latest "Property Brothers" installment is set to premiere on Wednesday, May 29 at 9/8c. On this one, nobody's moving, so we're not entirely sure what Drew the real estate agent is doing here, to be honest.

Monday, February 18, 2019

How to launch your career in high-end real estate

How to launch your career in high-end real estate: I’ve been in the real estate industry for 15 years, and I know how challenging it can be for agents to get a seat at the table with high-end clientele. Regardless of your career trajectory, there are skills you can develop to make the transition to luxury sales that much smoother. These are the habits that served me well when I made the shift to Gibson Sotheby’s International Realty in Cambridge, Massachusetts and started targeting a higher price point.

Sunday, February 17, 2019

Alison Mau: Flatmate boundaries are the new casualty of the housing crisis | Stuff.co.nz

Alison Mau: Flatmate boundaries are the new casualty of the housing crisis | Stuff.co.nz: The housing crisis has robbed a lot of people of security and dignity - and where an opportunity arises, there will always be someone ready to exploit. That landlords are advertising cheap, or free, rent in exchange for sex, is just the latest horror scenario.

You know, it could, on the surface, sound pretty straightforward. You're a student in one of New Zealand's big cities, finding accommodation is a proper nightmare; answer an ad from a lonely guy wanting "company," and bingo! Get a roof over your head.

Saturday, February 16, 2019

Wild real estate projects that were abandoned - Business Insider

Wild real estate projects that were abandoned - Business Insider: All over the world, people have built truly wild homes, hotels, and resorts that are no longer in use and now abandoned. Whether it be for economic, financial, or unexplained reasons, these truly bizarre places have now become dilapidated monuments that hint at their former, unique selves.

Friday, February 15, 2019

Hesitant Homebuyers Give Manhattan’s High-End Rental Market a Boost - Mansion Global

Hesitant Homebuyers Give Manhattan’s High-End Rental Market a Boost - Mansion Global: More would-be luxury home buyers in Manhattan have opted to rent amid a raft of economic uncertainties and are driving up rent prices in the process, according to the latest market-wide figures from brokerage Douglas Elliman.

The median luxury rental price in Manhattan jumped to $8,600 in January, an increase of 7.5% compared to last year, according to the data published Thursday. The growth in high-end rental prices reflects wealthy New Yorkers, who would otherwise buy, choosing instead to ride out recent stock market volatility, the ill-defined effects of the 2017 tax reform and a generally soft housing market in New York by renting instead.

Thursday, February 14, 2019

How To Short NYC Real Estate After Amazon's Shock Decision To Abandon Its HQ2 In Queens

How To Short NYC Real Estate After Amazon's Shock Decision To Abandon Its HQ2 In Queens: It's not often that I am embarrassed to say I am a New Yorker, but today is one of those days. The astounding stupidity of a cadre of local politicians and their fight against 25,000 high-paying jobs finally reached its fruition today with Amazon's announcement that it would not locate one of its HQ2 facilities in Long Island City, Queens.

Wednesday, February 13, 2019

How Co-Living Fits Into The Future Of Real Estate Development

How Co-Living Fits Into The Future Of Real Estate Development: In many areas of the country, older buildings and neighborhoods are falling to ruin. What if you could invest in these areas and not only rejuvenate the neighborhood, but increase available housing at the same time?

Tuesday, February 12, 2019

Denver housing costs have married couples taking on roommates

Denver housing costs have married couples taking on roommates: Dumping the roommates and focusing on a life together with that special someone used to represent a rite of passage for young adults after marriage.

But high housing costs are pushing a small fraction of married couples, whether they own or rent, to keep nonrelated roommates around even after they tie the knot, according to a new study from Trulia.

Monday, February 11, 2019

Federal Housing Official Moving Into NYCHA Building In The Bronx – CBS New York

Federal Housing Official Moving Into NYCHA Building In The Bronx – CBS New York: Lynne Patton, regional administrator for the Department of Housing and Urban Development, will spend a month in New York City Housing Authority apartments.

Sunday, February 10, 2019

Housing fix: Pairing graduate students with retirees

Housing fix: Pairing graduate students with retirees: Finding housing was one of the first challenges Alyssa Mathiowetz faced as a new graduate student at UC Berkeley. She landed a room in a shared house near campus, but it came with a steep price tag: $1,500 a month.

“It’s definitely on the expensive side,” said the PhD student in metabolic biology.

Mathiowetz’s rent could soon decrease, however, thanks to a new homesharing program that matches graduate students looking for housing with retirees who have extra space in their homes. Its organizers hope the program will prove successful enough to export to other UC campuses.

Saturday, February 09, 2019

Housing crisis: Let’s repurpose vacant commercial property - The San Diego Union-Tribune

Housing crisis: Let’s repurpose vacant commercial property - The San Diego Union-Tribune: New housing frequently meets local resistance and high price tags. Let’s repurpose existing buildings into affordable apartments and shelters. E-commerce is driving brick-and-mortar retailers out of business. Let’s task our schools of architecture to develop the most economical techniques to convert these buildings into dwellings.

Friday, February 08, 2019

Six Mistakes First-Time Homebuyers Make, And How To Avoid Them

Six Mistakes First-Time Homebuyers Make, And How To Avoid Them: For most people, a car is their first big-ticket purchase. Apart from negotiating the price, and possibly taking out a simple loan, it is usually a straightforward transaction. Many dealerships have even gone to a “no haggle” pricing model where a buyer has to pay the posted sticker price without negotiations.

Thursday, February 07, 2019

U.K. House Prices Start 2019 With a Decline - Mansion Global

U.K. House Prices Start 2019 With a Decline - Mansion Global: House prices across the U.K. started the year off with a decline, dipping 2.9% in January compared to December, according to Thursday’s report from Halifax.

The monthly drop, the largest logged since April 2018, was far bleaker than the annual house price change, which stayed almost flat in the year to January.

Wednesday, February 06, 2019

Nearly half of all Houston-area homebuyers in 2017 had annual income of more than $100,000 - HoustonChronicle.com

Nearly half of all Houston-area homebuyers in 2017 had annual income of more than $100,000 - HoustonChronicle.com: Nearly half of all Houston-area homebuyers in 2017 had annual income of more than $100,000, according to Zillow.

The 47 percent of buyers making more than $100,000 in 2017 was up from 43 percent in 2012.

The increase is a sign of how quickly home price appreciation has outpaced income growth. Home prices nationally rose 50 percent over the past seven years, according to a Zillow analysis, while incomes rose just 11.3 percent between 2012 and 2017, the last year for which data were available.

Tuesday, February 05, 2019

Inside a 'cheap' San Francisco home that just sold for $600,000 - Business Insider

Inside a 'cheap' San Francisco home that just sold for $600,000 - Business Insider: Take a look at what $600,000 bought the new owners of a home in one of the country's most competitive real-estate markets.

Monday, February 04, 2019

Retirement savings: Why empty nesters should downsize their homes

Retirement savings: Why empty nesters should downsize their homes: So when the freelance writer and blogger became an empty nester after her two kids left home following college, she turned that dream into real life: She replaced a 2,400 square-foot home in suburban Rossmoor, California, with a cozy, 1,500-square-foot cottage in Long Beach.

Sunday, February 03, 2019

Charming homes under $200,000 perfect for first-time buyers

Charming homes under $200,000 perfect for first-time buyers: The phrase “starter home” doesn’t have to translate to “compromise.” First-time buyers might be surprised by how much they can often find in homes under $200,000 — in terms of space (indoors or out), features, updates, and curb appeal. Even better: You don’t have to be far from friends, either. From neighborhoods in major cities to city-adjacent suburbs, these affordable homes for sale prove that you really can have it all—even in your first

Saturday, February 02, 2019

Hesitant About The Stock Market? The Solution May Lie In Real Estate Lending

Hesitant About The Stock Market? The Solution May Lie In Real Estate Lending: After nine years of a rising stock market, we enter 2019 in what appears to be a very volatile time for equity markets. In the space of weeks we’ve seen 1,000-plus point swings in the Dow recently. This begs the question of whether or not 2019 will bring a recession, a bear market or both. I don’t pretend to know the answer, but I am willing to predict that this year will continue to be turbulent for equities.

Unless you have the stomach for day-trading into this volatility or are taking such a long position that current moves in the market don’t affect you, you’re likely trying to develop an asset allocation strategy to preserve capital while still earning a fair risk-adjusted return. Private real estate lending, particularly in the short-term debt space, may offer a unique opportunity in these turbulent times and those ahead.

Thursday, January 31, 2019

SoCal Homes Sales Plummet To Levels Not Seen Since Housing Crisis | Studio City, CA Patch

SoCal Homes Sales Plummet To Levels Not Seen Since Housing Crisis | Studio City, CA Patch: Home sales plummeted across Southern California last month, bringing totals down to levels last seen at the start of the housing crisis in 2007.

Los Angeles County home sales dropped by 20 percent in December, according to CoreLogic, the real estate information firm. At the same time, home prices barely budged, climbing by just 2 percent, a considerable slowdown from the average pace during the recovery. Sales fell all across Southern California with the steepest decline hitting Orange County where sales dropped by 26 percent.

Experts chalk the slowdown to a variety of factors namely, affordability after years of rising prices outpacing wage increases.

Wednesday, January 30, 2019

Tuesday, January 29, 2019

Home prices rise at slower rate as sales tumble

Home prices rise at slower rate as sales tumble: U.S. home prices rose at a slower pace in November as sales have tumbled and affordability has deteriorated for many would-be buyers.

Monday, January 28, 2019

How to launch yourself into real-estate investing - The Washington Post

How to launch yourself into real-estate investing - The Washington Post: I would have to write a book to even begin to properly cover all the things a new real estate investor would need to know to get started. I am going to try to do it here in just a few hundred words.

I thought long and hard about how to address the topic and provide an end result that is still useful and not just trite clickbait like so much we see these days. I figured I needed to boil this down to the very basics. I had to really think: What are the fundamentals of real estate investing? What is it every aspiring real estate investor needs? It can be different for everyone, and it depends on what motivates you, your expectations, current financial status and more.

Saturday, January 26, 2019

Monday, January 14, 2019

Why Real Estate Brokers Should Consider Offering Property Management Services

Why Real Estate Brokers Should Consider Offering Property Management Services: In any given market, roughly 60-65% of the people live in a home they own. That means at least 35% to 40% live in homes they don’t own. Most brokerages only elect to serve barely two-thirds of the population — the buyers and sellers. What about the other 35% to 40% of the people who still need a roof over their heads?

Sunday, January 13, 2019

Federal workers' looming bills could rock the housing market

Federal workers' looming bills could rock the housing market: As the shutdown enters a record-tying 21st day, a number of worries are piling up, ranging from looming mortgage payments for federal workers to missing rent assistance from the Department of Housing and Urban Development (HUD).

Saturday, January 12, 2019

Real Estate: Millennials May Get Shut Out of the Housing Market | Fortune

Real Estate: Millennials May Get Shut Out of the Housing Market | Fortune: Over the past couple of years, rising pay and low mortgage rates finally converged to make make the dream of home ownership a reality for America’s millennials, many of whom had long been locked out of the housing market. But now, the door is on the verge of slamming on the under-35 crowd, leaving young families outside looking through the picture window—again.

Friday, January 11, 2019

The housing market's future is female | 2019-01-11 | HousingWire

The housing market's future is female | 2019-01-11 | HousingWire: nnial Millennial Tracker realtordotcom
house

The housing market is projected to heat up in 2019, and new data from Realtor.com indicates this push will predominantly be driven by Millennial women.

According to the company’s latest study, 50% of the top 20, and seven of the top 10, fastest growing buyer first names belong to Millennial women.

Thursday, January 10, 2019

Seniors, Families, and Others Risk Losing Housing as Shutdown Continues | Center on Budget and Policy Priorities

Seniors, Families, and Others Risk Losing Housing as Shutdown Continues | Center on Budget and Policy Priorities: Hundreds of thousands, if not millions, of low-income seniors, people with disabilities, and families with children that receive federal rental assistance face severe hardship if the government shutdown extends into February and March.

Here’s why:

The Department of Housing and Urban Development (HUD) says it can’t renew up to 1,150 rental assistance contracts with private landlords that expired in December or will expire in January due to a funding shortfall from the government shutdown. Those landlords receive federal subsidies so they can provide apartments at affordable rents to roughly 40,000 low-income households. While a delay of several weeks in renewing the contracts (and restarting the subsidies) likely won’t prompt building owners to evict vulnerable residents, the risks for residents — and for the affected programs’ long-term future — will grow if the shutdown extends into February and March, dramatically boosting the number of residents who could experience severe hardship.

Wednesday, January 09, 2019

How 'frugal minimalism' helped this woman pay off her mortgage in five years

How 'frugal minimalism' helped this woman pay off her mortgage in five years: Kim Lee, the personal finance maven behind “Free to Family,” a YouTube channel with over 41,000 subscribers, says she paid off her quaint four-bedroom house in Arizona in five years through a way of life she calls “frugal minimalism.”

Monday, January 07, 2019

The Best Markets For Real Estate Investments In 2019

The Best Markets For Real Estate Investments In 2019: This coming year, most real estate investors will want to stay away from the cities with soaring prices, where they’re more likely to end up holding the bag than to strike it rich.

Sunday, January 06, 2019

Homebuyers face tougher housing market in 2019, economists say - Chicago Tribune

Homebuyers face tougher housing market in 2019, economists say - Chicago Tribune: Mortgage rates, which climbed through much of last year, will continue to rise in 2019, driving up homebuyers' borrowing costs and shutting others out of the market entirely. The projected result: a cooling housing market and falling home sales nationally.

Saturday, January 05, 2019

Should You Wait To Invest In Real Estate Until The Housing Market Crashes?

Should You Wait To Invest In Real Estate Until The Housing Market Crashes?: I've been seeing a lot of posts on Facebook about another housing crash coming. Many people assume there will be a crash just as bad or worse than the last crash we had about 10 years ago. Since the markets are obviously going to crash, they reason, they will wait to buy real estate until prices plummet.

Friday, January 04, 2019

First-Time Home Buyers Increasingly Turn to Parents for Mortgage Help | Fortune

First-Time Home Buyers Increasingly Turn to Parents for Mortgage Help | Fortune: The number of home buyers turning to their parents for help in affording their houses is on the rise.

In its annual report, the Federal Housing Administration (FHA) revealed that more than 26% of people who received an FHA-insured mortgage in the 12-month period ended in September had family assistance. That was roughly the same as the prior year, but up from 22% in 2011, according to the data. The Wall Street Journal earlier reported on the jump.

Thursday, January 03, 2019

Second homes: Vacation properties for sale in the Florida Keys

Second homes: Vacation properties for sale in the Florida Keys: The Florida Keys are a year-round destination with opportunities for cycling, walking, running, swimming, kayaking, paddle-boarding, boating, scuba diving, snorkeling and fishing.

Key West’s Old Town is most well-known. But Stacey Pillar, a realtor at Coldwell Banker Schmitt Real Estate Co. in Key West, says there are other neighborhoods that have homes for those who want to buy vacation properties.

Pending Home Sales Fall in November: Homebuilder ETFs in Focus

Pending Home Sales Fall in November: Homebuilder ETFs in Focus: Rising rates and escalating housing prices are proving to be significant headwinds for the housing sector. Contract signings to purchase previously owned homes plunged for the second month in a row in November. Per National Association of Realtors (NAR) in Washington, index of pending home sales declined 0.7% in November and 7.7% on a year-over-year basis on an unadjusted basis (read: Fed Hikes Rates But Offers Dovish Outlook: ETFs to Play.)

The housing market has been affected by land and labor shortages, resulting in tighter inventories. Pending home sales have declined in six of the last eight months, signaling more trouble for the housing sector. The monthly reading for October remained unrevised at 0.6% decline from the previous month.

Wednesday, January 02, 2019

The top real estate broker in the US believes in 2 rules of selling - Business Insider

The top real estate broker in the US believes in 2 rules of selling - Business Insider: Ben Caballero sold 4,799 homes worth a cumulative $1.9 billion in 2017 — an average of 92 homes per week.

This feat has placed him firmly as the top real-estate agent in the US, according to Real Trends, a residential brokerage industry publication. He was recognized by Guinness World Records for selling 3,556 homes in 2016.

Tuesday, January 01, 2019

New year, same old housing madness | The Seattle Times

New year, same old housing madness | The Seattle Times: After having the hottest housing market in the country for two years, Seattle home sales have cooled and the city has dropped to fourth place behind San Francisco, Las Vegas and Phoenix. This is annoying news for people who paid way over the asking price for their house purchases at the height of the market a few months ago