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Housing, Residential

Apartment rents are surging as people head back to work

By Mike Wheatley | August 8, 2021
Inner city apartment rents are rising again and available units are becoming harder to find as more people head back to work. According to a report in the Wall Street Journal this week, median rents for apartments in urban centers rose by more than 10% in the last month, compared to one year ago. Citing […]
Housing, Residential

Home builders press Congress to help ease housing shortages

By Mike Wheatley | July 18, 2021
American home builders have called upon Congress to take steps to address a tremendous shortage of affordable homes in the country through policy solutions. Real estate experts have long cited a perceived decline in new home building in the U.S. that began in the wake of the Great Recession last decade. Zillow recently said there […]
Residential

Buyer love letters have been banned in Oregon

By Mike Wheatley | July 12, 2021
Oregon has become the first U.S. state to ban buyer love letters when making an offer on a home
DIY-Home Improvement, Residential

Now we have a paint shortage to deal with too

By Mike Wheatley | June 9, 2021
Paint is getting harder to come by, and that’s likely to have an impact of people aiming to do summer home improvement projects. It’s also delaying the construction of new homes, as builders are forced to wait for supplies of more paint. The paint shortage is primarily due to the COVID-19 restrictions that have led […]
Residential

How forgiving are your neighbors?

By Mike Wheatley | May 30, 2021
Everyone knows that it’s good to have neighborly neighbors keeping watch out for thieves and other signs of danger in the neighborhood, but sometimes they can take things just a bit too far. For example, if you see someone speeding in the neighborhood or failing to clean up after their dog has done its business, […]
Investing, Residential, US Real Estate

Home prices in 'opportunity zones' are growing fast

By Mike Wheatley | May 23, 2021
So-called opportunity zones created under former U.S. President Donald Trump are seeing housing prices increase as they reap the rewards of the wider real estate market boom. During the first quarter, median home prices saw annual gains in 75% of the opportunity zones for which sufficient data is available, according to ATTOM Data Solutions. Two-thirds […]
Residential

Shortages of furniture and home appliances delay transactions

By Mike Wheatley | May 21, 2021
It’s well known that inventory shortages and the high price of building materials are two of the main reasons that house prices are rising so fast, but not so many know about another pressing problem in the industry right now – a shortage of new appliances. New home buyers are increasingly struggling to find appliances […]
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