Homes
World's first 3-D printed hotel and homes look killer. Check out this collab led by Liz Lambert, ICON, and BIG-Bjarke Ingels Group.
March 2023 pending home sales drop on low inventory, new home competition, and probably bank crisis worry. Here's home price predictions too.
New home prices of $449,800 are up $11k from Feb but down $47k from peak. Can you afford this? You need to make $99k-117k/yr to qualify. Here's the math.
Here are a few key stats on home affordability, home prices today one year ago, and whether buyers can buy without sellers taking huge losses.
Nationally, rents are down in the year through March 2023, but rents rose in 81.4% of states. Here is a rundown of key national, state, and city stats.
John Burns has a good update on price trends for renting houses. This isn't the whole market, but it's a good temperature check on homes owned by institutional landlords.
Kindred raised $15m (for total of $26.75m) to expand globally and let people easily swap homes to make travel cheaper. Here's Mary Ann Azevedo at TechCrunch on how it works.
1031 exchange rules are best kept secret in tax code, giving you huge tax benefits on rental property you can still use. Here's 2023 rules.
Gen Z homeownership 30% in 2022 vs. 28% millennials 27% Gen X, 32% boomers when they were 25. Here's the affordability math for 2023.
Existing home sales down 13 of 14 months, and home prices now $375,700 for 87% of inventory. Is this affordable? Here's the math.
Builder confidence rose 4th straight month and 59% of them offered deals to buyers in April. There are 1.67m new houses and apartments under construction right now.
The median asking rent fell 0.4% to $1,937 in March—the first annual decline since March 2020 and the lowest level in 13 months. By comparison, annual rents were UP 17.5% in March 2022.
Of 15m six figure income paycheck to paycheck households, how many can afford homes at today's prices of $363k to $438k?
With 2023 rate rate chaos for homebuyers, what does this mean for home affordability? Will sellers with 3% rates sell? Here's the answers.
0.8% more homes went under contract in February than January. Not a huge gain, but 3rd straight gain with rates in 6s. Affordability better too.
