New homes virtually ‘non-existent’ for first-time buyers

Affordable options for first time buyers in the new home market are almost non-existent, according to a new report from the U.S. Commerce Department.

U.S. Home values appreciate at fastest rate in 2 years

U.S. home values are up 5.5 percent over the past year according to the September Zillow Real Estate Market Reports. This is the fastest pace of appreciation in more than two years.

Here’s why blockchain is such a perfect fit for real estate

Blockchain technology has hit the headlines due to its potential to revolutionize dozens of industries, and real estate is no different in that regard.

Shipping container home trend hits the U.S.

The global trend to transform shipping containers into affordable housing or commercial spaces is hitting the U.S.

‘Fixer-uppers’ losing popularity as low inventories bite, Zillow says

Rising home prices and tough buyer competition may be giving sellers more flexibility to list their home for sale “as-is” without needing to fix it up first.

New York City wages war on Airbnb

Last week, New York governor Andrew M. Cuomo signed into law a new bill that stipulates large fines of up to $7,500 on short-term rental sites, like Airbnb, whose hosts break local housing regulations.

Is immigration the key to eliminating neighborhood blight?

A report has been published that suggests immigrants could be vital to helping blighted neighborhoods recover, but it seems their potential is being ignored by those in authority.

Lady Gaga buys Frank Zappa’s Laurel Canyon home in $5.25M deal

The singer/performance artist is said to have bought Frank Zappa’s estate in the Laurel Canyon neighbourhood of Hollywood Hills for US$5.25 million

Real estate data provider ResiModel rebrands as redIQ

To underscore a shift in direction that has resulted in a rapid penetration of the U.S. multifamily market, the industry’s leading platform for capturing, processing and analyzing multifamily transactional data has changed its name from ResiModel to redIQ, meaning “Real Estate Data Intelligence.”

Hooray, more single-family homes on the way

Home builders have answered the call to provide more single-family homes in the last month, with production rising by 8.1 percent to a seasonally adjusted annual rate of 783,000 units