Cottage, a software platform and marketplace that unites homeowners and contractors to build ADUs, announced that it has closed $15 million in Series A funding.
Most consumers believe we’re in a housing bubble. Economists say otherwise
The results of a new survey show that real estate agents have far more confidence in the health of the housing market than most consumers do. According to Redfin’s latest survey of 1,500 Americans who’re planning to buy or sell a home in the next year, 77% believe we’re currently in a housing bubble. That
Expect An Interest Rate Hike After Today’s Federal Reserve Inflation Data
Will today’s Federal Reserve inflation data lead to increased interest rates and a slowdown of economic easing?
Developing Housing Market Concerns
After a short slump at the very beginning of the COVID-19 pandemic, the residential home market quickly recovered and prices soared most of 2020. Price increases were primarily due to ultra-low mortgage rates, strong buyer demand, and a limited number of houses for sale. Who would have thought that mortgage rates creeping toward 3% would
8 Things to Do Before Putting Your Home on the Market
Are you thinking of selling your home? Well, before you do, there are some steps you should take. Acting too irrationally will not only lessen your chance of a quick sale, but you may not be getting the price you hope for. By being prepared, the entire process will be much more bearable, and you
Spotlight: REITs, COVID-19, and the Rental Affordability Act
Successful REITs are being challenged by the coronavirus pandemic for myriad reasons. Can companies like AvalonBay Communities rise to the occasion?
More Married LGBT Couples are Purchasing Homes but fear Discrimination
Housing discrimination – and the fear of it – along with a desire for safe and welcoming neighborhoods differentiate LGBT homebuyers and sellers from non LGBT homebuyers and sellers according to National Association of Gay and Lesbian Real Estate Professional’s (NAGLREP) fourth annual LGBT Real Estate Report. NAGLREP, with nearly 2,800 members, is one of
4 long-term impacts the COVID-19 outbreak will have on housing
Everyone agrees that the COVID-19 outbreak is set to have a long lasting impact on the U.S. economy, and the housing market is no exception. In a new report this week, Apartment List has outlined some of the long-term changes it thinks will affect real estate. 1. Reduced mobility The report notes that people’s mobility
ADUs Accessory Dwelling Units The Wave of the Future
If you haven’t heard of them yet, you will soon. Accessory Dwelling Units (ADUs) are rapidly becoming a household name in cities that allow them (i.e., Salt Lake City, North Salt Lake City, Bountiful City, Woods Cross, San Francisco, Portland, etc.) and buzzing in other cities that want them. One state that is clearly taking
Investors are bracing themselves for a recession
As talk of a possible recession increasingly pops up, some investors are debating whether or not now is the time to downsize their real estate portfolios, according to an article by the Forbes Real Estate Council this week. “The first thing to realize is that a recession is always coming,” the article states. “Anyone who