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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 […]
Featured News, Housing

NAR says America's housing stock is in a "dire situation"

By Mike Wheatley | June 23, 2021
The National Association of Realtors has called on U.S. policymakers to do more to address the lack of stock in the nation’s housing market, saying that the situation has become “dire” and that “now is the time to act”. The NAR’s report, Housing Is Critical Infrastructure: Social and Economic Benefits of Building More Housing, highlights […]
Home Buying

Buyers are sweetening the deal by waiving contingencies

By Mike Wheatley | August 3, 2020
With home buyers facing tougher competition this year amid ongoing housing shortages, some are trying to gain an edge by waiving contingencies to make their offers look more enticing. Redfin said this week that almost 20% of successful offers submitted by its agents in June in select U.S. markets waived the inspection contingency, compared to […]
US Real Estate

Freddie Mac says the U.S. needs at least 3.3 million more homes

By Mike Wheatley | March 6, 2020
Home buyers are struggling to find an ideal property to buy due to a shortage of inventory across the nation, and things will likely get worse before they improve, according to a new study by Freddie Mac. Freddie Mac’s study reveals that there is a shortage of 3.3 million homes in the U.S. It puts […]
Home Sales, US Real Estate

Why the next recession won't bring down home prices

By Mike Wheatley | February 15, 2020
The resilience of the housing market is such that it will likely survive the next recession without home prices taking a substantial hit, according to a new report from title insurance firm First American Financial Services. “While the housing crisis is still fresh on the minds of many, and was the catalyst of the Great […]
Featured News, US Real Estate

Facebook pledges $1 billion to combat Bay Area housing crisis

By Mike Wheatley | October 23, 2019
Facebook is the latest big tech company to pledge money to address the shortage of affordable housing affecting the communities its workers live in. The company says it’s committing $1 billion towards a variety of initiatives meant to tackle the problem, following similar pledges by Google and Microsoft. The initiatives come at a time when […]
Featured News, Residential, US Real Estate

Vacant & abandoned homes are a big factor in the 'housing crisis', experts say

By Mike Wheatley | July 26, 2019
The U.S. is often said to be facing a “housing crisis”, with much of it centered on a shortage of available homes for sale. But a new report from the National League of Cities says that abandoned and vacant homes across the country are also a big part of the problem. In some parts of […]
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