The number of listings available in real estate markets across the country is beginning to flatten, and experts say it could be a signal for a “crucial inflection point for the inventory crisis”. According to research published last week by realtor.com, housing inventory across the U.S. has decreased by 0.2 percent in the last year. However, […]
Denver pilots new granny flat program aimed at solving city housing shortages
October 9, 2018 by Leave a Comment
Authorities in Denver are initiating a new program in the city that aims to solve housing shortage problems while providing a new income stream for low-earning homeowners.
Women, millennials’ home ownership dreams held back by student debt
October 5, 2018 by
A rising number of consumers say that student loan debt is delaying their ability to buy a home, with women and millennials among the most affected, according to the sixth annual NeighborWorks America at Home report. The survey, which quizzed around 1,000 U.S. adults, found that rising costs have pushed the overall student loan debt […]
LA renters protest against rising rents
October 5, 2018 by
Rising rental costs have prompted some tenants to Los Angeles to take part in rent strikes, something they view as a last resort in an effort not to be priced out of their homes. Rent strikes see tenants withhold their rental checks in an attempt to put pressure of their landlords to renegotiate their rent, […]
New owners can expect to pay $40,000 in fees to buy a home
October 4, 2018 by
Buying a home is one of the most expensive transactions someone will ever make, and home shoppers can expect to spend $40,000 on average in one-time fees on the typical U.S. home, according to a new analysis from Zillow company RealEstate.com and Thumbtack, an online service that matches customers with local professionals. For first-time buyers, […]
Discrimination is the top concern for LGBT home buyers, survey finds
October 4, 2018 by
Freddie Mac researchers have revealed that members of the lesbian, gay, bisexual and transgender community often try to seek “LGBT-safe” neighborhoods when buying a home, as they fear being discriminated against. The findings come from a survey of more than 2,300 consumers, and reveal that LGBT community members are, on the whole, positive about homeownership. […]
GROUNDFLOOR, a crowdfunding lending platform, raises $4.2M in funding
October 3, 2018 by
Real estate lending platform GROUNDFLOOR recently raised an extra $4.2 million in funding, bring its total amount raised $6.2 million in the last two years.
Affordability problems hit new home sales
October 3, 2018 by
New single-family home sales edged upwards slightly in August, but the rise wasn’t enough to impress economists or make up for the shortfall in existing home inventories.
Experts call on landlords to refrain from increasing rents
October 2, 2018 by
The reduced number of rental vacancies available, combined with strong demand for such properties, could tempt landlords to increase their rents even more. However, housing experts are advising landlords against doing so, saying that any further hikes would overburden tenants, many of whom are already struggling to keep up with the costs. The largest landlord […]
Millennials are the most likely age group to face challenges in the real estate market
October 2, 2018 by
Millennials, the largest group of home sellers, are the most likely to make concessions, change the date of their closing and have an offer fall through, according to the 3rd annual Zillow Group Report on Consumer Housing Trends.
