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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.