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The numbers: Builders started construction on new homes at a pace of 1.314 million in October, the Commerce Department reported Tuesday. While lower than the consensus estimate of 1.325 million starts among economists polled by MarketWatch expectations,
Home buying activity (demand) is up, and the number of available listings (supply) is down. When demand outpaces supply, prices appreciate. That’s why firms are beginning to increase their projections for home price appreciation going forward. As an example
Casa Encantada, the 60-room home belonging to Gary Winnick (founder and chairman of Global Crossing, and who has previously appeared on several of Forbes’ Wealthiest lists) has officially come on the market with an asking price of $225 million, as the L.A.
The estate of Microsoft cofounder Paul Allen in Atherton, California, came on the market with a $41.5 million price tag last week, a year after his death. The sprawling mansion, more than ten times the size of the average American house, is set on two acres in a small town in Silicon Valley full of tech-titan billionaires.
Home sellers considering taking an offer from an iBuyer must weigh a tough decision: Take the instant offer (often receiving mere days to decide) or try to fetch more by listing publicly. Realogy,
There’s a common misconception about millennials being uninterested in, or simply unprepared for, homeownership. The statistics simply don’t bear this out: A realtor.com analysis published in early 2019 found millennials accounted for more than 40% of all new home loans.
The purchase of a home marks a lifetime achievement, a testament to the American Dream. The building of one, though, might exemplify the pursuit of the American Dream even more with the added personal expression involved in home design.
In a hot real estate and stock market, investors may be looking for new and innovative opportunities beyond the high-priced apartment buildings and buildable land.Self-storage facilities have the upside of being "fairly resilient through both economic booms and downturns,"
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