Shopping malls in the U.S. are looking to add more entertainment venues and restaurants as part of an effort to reinvent themselves as “theater districts” focused on socializing and shopping. To do so, many shopping malls have, or are in the process of converting vacant stores on their premises into indoor entertainment destinations, with activities […]
Buyers set to struggle as U.S. housing inventory hits record low
February 13, 2020 by
Housing supply in markets across the country is in extremely short supply, so much so that home buyers may well find it difficult to find a suitable property this spring. Indeed, the country’s existing housing supply declined by its steepest year-over-year decrease for 4 years in January, falling by 13.6%, according to realtor.com. The supply […]
Millennials way behind baby boomers when it comes to homeownership
February 6, 2020 by
Millennials own far less real estate than their predecessors, and it means an entire generation could have lower lifetime wealth, experts say. Data from the Federal Reserve shows that when baby boomers reached their median buying age of 35 in 1990, they owned around one third of all U.S. homes, in terms of overall value. […]
Zillow reveals America’s most popular destinations for home buyers
February 4, 2020 by
Las Vegas is the most popular U.S. destination for non-local home shoppers, Minneapolitans don’t want to move out of the area – and hardly anybody else wants to move in – and Texans seem to mostly love living in Texas. These are just a few of the takeaways from a new Zillow analysis of search […]
Young buyers seek multifamily homes as housing inventory shortage bites
January 29, 2020 by
As real estate markets struggle with low inventories of homes for sale, some buyers are opting to investing in multifamily properties instead of buying a single-family home, the Washington Post reports. The advantage of doing so is they can live in one of the units and rent out the others to help with mortgage costs […]
U.S. housing market now worth $33.6 trillion, Zillow says
January 21, 2020 by
The total value of every home in the U.S. is $33.6 trillion, nearly as much as the GDP of the two largest global economies combined – the U.S. ($20.5 trillion) and China ($13.6 trillion) – according to a new Zillow analysis. Since 2010, when the market was battling to regain its footing in the wake […]
NAR voices support for Trump environmental reforms
January 14, 2020 by
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 […]
Here’s why buying a second home first might make sense
January 10, 2020 by
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 […]
New Story builds its first 3-D printed homes for low income families in Mexico
December 19, 2019 by
3-D printing is being pitched as the answer to solve a worldwide shortage of affordable homes, and it can do so quickly as it’s possible to construct a home in this fashion within just 24 hours. A report from Curbed.com highlights the efforts of Icon, a construction technology startup based in Austin, and housing nonprofit […]
New Silver A New Era of Real Estate Lending
December 16, 2019 by
New Silver, a hard money lender located in West Hartford, Connecticut that specializes in providing lending to real estate entrepreneurs
