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Real Estate, US Real Estate

California Governor signs rent control bill into law

By Mike Wheatley | October 14, 2019
California Governor Gavin Newsom last week signed into law new legislation that will place caps on rents throughout the state. The move that was warmly welcomed by tenant groups but others in the real estate industry say it could have negative long-term consequences. Under the new law, which takes effect in January, landlords will be […]
Home Builders/Developer's, US Real Estate

New home starts fall for 3rd successive month

By Mike Wheatley | August 21, 2019
New construction of single-family homes saw an uptick, but a decline in multifamily production for apartments and condos meant an overall decrease of 4% in housing starts last month, according to new data from the Commerce Department. Single-family home starts rose 1.3% to 876,000 units in July, with the largest increase seen in the South. […]
Featured News, Zillow

Study: Washington D.C. residents have the most cash leftover after paying their mortgage

By Mike Wheatley | March 7, 2019
With housing becoming more and more unaffordable in the U.S., a new Zillow analysis shows that residents in the capital, Washington D.C. have the most cash left over after paying their mortgage. Zillow’s study assumes the median annual gross income and mortgage payment for each of the 35 largest housing markets in the U.S. Its […]
Crete living
Featured News, International

To Really Find the Most Affordable 2nd Home Getaways

By Phil Butler | January 9, 2019
Real estate data from Homes.com revealed Turkey and Greece as two of the most economical markets for owning a 2nd home.
Featured News, US Real Estate, Zillow

Zillow says housing affordability concerns will grow in 2019

By Mike Wheatley | December 3, 2018
The housing market is slowing as 2018 comes to an end, but home shoppers looking for a more affordable buying environment in 2019 might be disappointed. Next year, Zillow expects mortgage rates to continue to rise, putting a pinch on affordability, particularly in already expensive markets. Some buyers may be pushed back toward the rental […]
Featured News, US Real Estate

Affordability concerns are slowing down new home construction

By Mike Wheatley | November 29, 2018
Rising housing affordability concerns are causing a slowdown in new home construction, according to a U.S. Commerce Department report published last week. The report noted that single-family housing starts fell by 1.8 percent in October compared to the previous month. "This month's decrease in single-family starts isn't a surprise given the drop in our builder […]
Featured News, Zillow

Suburbs are less affordable than urban areas in the largest U.S. metros, study finds

By Mike Wheatley | October 12, 2018
Housing affordability across the country is especially tough in the nation's urban areas, but in the country's largest metros it's often the suburbs that are the least affordable.
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