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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.