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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.