New homes are smaller and have fewer bedrooms



New home contractors are building homes with fewer bedrooms than previously in order to cater to the demand for smaller, more affordable properties. According to the U.S. Census Bureau’s latest survey of construction firms, the number of bedrooms in the average newly constructed home in the country is falling. The amount of new single-family homes […]

Rising costs of childcare hits families’ housing budgets, Freddie Mac says



Freddie Mac has warned that the rising cost of childcare services in the U.S. could force many low-income earners to put off their plans for homeownership. In a new analysis published this week, Freddie Mac officials reported that U.S. childcare costs have risen by an average 49% over the last 25 years, while the cost […]

Zillow says U.S. now boasts 218 ‘million-dollar’ cities



There are currently 218 million-dollar cities in the U.S. – cities with a typical home value of $1 million or more – three more than at the end of 2018 and 74 more than there were five years ago. The net addition of three $1 million cities is easily the lowest in recent years, according […]

Landlords offer a cheaper alternative to the security deposit



Fewer landlords are insisting on a security deposit, and are instead coming up with alternative ideas that might help out new tenants who’re struggling to come up with the amount necessary. Landlords generally insist on security deposits in order to protect themselves against any damage caused to the property, or missed rental payments. But the […]

NAR voices support for Trump environmental reforms



President Donald Trump’s proposal to reform the National Environmental Policy Act has won the backing of the National Association of Realtors. NAR President Vince Malta (pictured) said the proposed changes should help to modernize environmental standards while also helping to alleviate housing shortages. The NEPA changes would be the first serious amendment to the Act […]

Canadians raise concerns over stricter mortgage regulations



For many Canadians, buying a home can be a challenging and stressful experience fraught with worry. Indeed, a recent survey from Zillow and Ipsos found that 92% of Canadians see at least one barrier to home ownership, and two of the top concerns are related to the mortgage process. Canadians report feeling pressured by stricter […]

Here’s why buying a second home first might make sense



Rather than go ahead and try to buy a home to actually live in, an increasing number of people are instead opting to purchase a vacation home first of all. CNN.com reported that many first-time buyers are priced out of the market in their current area, especially in cities such as San Francisco and New […]

Blues and greens help to boost productivity in the office, experts say



Worker productivity could be boosted by the color scheme of the office they work in, according to a growing body of color psychology experts. As such, employers should be more mindful of the influence that wall colors have on employees, Lasse Karvinen, head of product at Framery, a Finnish company that designs “work pods” for […]

Wildfires cause slowdown in California home sales



Wildfire-prone areas in California are seeing home sales slow as insurers retreat from high-risk regions, The Wall Street Journal reported. Insurers paid more than $24 billion for California wildfire losses in 2017 and 2018. Now, they’re looking to cover their losses and are reportedly raising prices or declining to renew policies in some parts of […]

Zillow: Look South for the hottest housing markets in 2020



Led by Austin, housing markets in the southern half of the U.S. will perform the best in 2020, according to a panel of economists and real estate experts recently surveyed by Zillow. The latest Zillow Home Price Expectations Survey asked more than 100 economists, investment strategists and real estate experts for their predictions about the […]