Some homes might be worth more as rentals, Zillow says



Memphis, Miami and Atlanta lead a host of major metros where rents are higher than typical mortgage payments, while new and improved Zillow Rental tools make it easier than ever to assess the possibility and opportunities of becoming a landlord. The Great Reshuffling and the ability to work from home has severed or seriously stretched […]

Lumber price drop will save $40K per home, but buyers are unlikely to see it



Toll Brothers Chief Executive Doug Yearley has said the recent fall in lumber prices is helping builders realize some significant savings in terms of the cost of building new homes. But home buyers won’t see those savings, as they’re only helping to offset the rising costs of other building materials, he said. Yearley told CNBC’s […]

Supreme Court strikes down latest eviction ban, but renters still have options



The Supreme Court last week struck down President Biden’s latest eviction ban, putting what activists say are millions of Americans who are behind on their rent at risk of being kicked out of their homes. The new Centers for Disease Control and Prevention-backed moratorium on evictions was announced at the beginning of August, just days […]

Uncertainty over the return to work boosts co-working spaces



Businesses seeking flexible short-term office solutions are showing greater interest in co-working spaces as the fast-spreading COVID-19 Delta variant causes uncertainty over plans to return to work. Some of the major companies snapping up co-working spaces are in the technology sector. The Wall Street Journal reported tech firms are signing contracts for so-called “hot desks” […]

iBuyers gatecrash the all-cash offers party



Some home buyers are leaning on so-called iBuying firms to better compete by offering all-cash on the properties they target. iBuyers can help buyers by making cash-backed offers on their behalf or by providing financing to help draw attention to their offer in a bidding war, experts say. The National Association of Realtors reported that […]

Hybrid work is driving growth in super commuters



So-called “super commuters” who travel 90 minutes or more each way to work are on the rise, as a result of homeowners moving further away from cities in seek of greater housing affordability. That’s according to a new analysis from Apartment List, which said the trend is also likely a result of the impact of […]

Vacation rentals are attracting young buyers



Young adults are showing lots of enthusiasm for vacation rental ownership. Indeed, the interest is so strong that even with limited credit histories and little saved for a down payment, many are still able to find loopholes to make what they believe will be a very lucrative investment. The proportion of homeowners under age 30 […]

Millennials say they’d definitely consider living in a 3D printed home



Consumers are warming up to the idea of 3D-printed homes, with more than two-thirds of respondents in a recent survey saying they’d definitely consider living in such a structure. The realtor.com survey found that the concept is even more appealing to younger generations, with 75% of all millennials saying they would consider living in a […]

Demand for tiny homes sends prices up



The coronvirus pandemic led to a surge in demand for so-called “tiny homes”, which can be either standalone or backyard dwellings. Tiny homes are in demand as people look for additional living space, or alternatively just for somewhere to live that’s more affordable. But like the rest of the U.S. housing market during the COVID […]

United Wholesale Mortgage will accept bitcoin for home loan payments



United Wholesale Mortgage has said it intends to let homeowners pay off their mortgages in bitcoin later this year. The company, which went public last January via a special purpose acqusition merger, said this week it intends to accept “cryptocurrency” as payment for home loans. Detroit Free Press, which first reported the story, said UWM […]