There’s an uptick in housing inventory in these 10 metros, but don’t expect price relief

~ I was in a meeting where they were discussing this and it was stated that there has been 80,000 units built or put into production to have built this year. What is needed to maintain normal growth is 180,000 units. so we are behind. Plus there were a few dead years in the recession … Continue reading There’s an uptick in housing inventory in these 10 metros, but don’t expect price relief

Why High-Flying U.S. Home Prices Seen Getting Another Jolt

Why High-Flying U.S. Home Prices Seen Getting Another Jolt The U.S. housing market’s storyline for the last several years has been one of steady demand and limited supply, pushing prices ever higher. Now, a new chapter has opened up for the industry and its customers: soaring costs for building materials. Reports on Tuesday underscored both … Continue reading Why High-Flying U.S. Home Prices Seen Getting Another Jolt

San Francisco Wins the Homebuilding Race

~good for them!~ San Francisco Wins the Homebuilding Race San Francisco has been known to have an acute shortage of housing inventory. But the Golden Gate City surprised its critics by nearly doubling its historic average number of permits for new homes in its efforts to combat its affordability crisis, according to a study by … Continue reading San Francisco Wins the Homebuilding Race

This House Takes 6 Hours To Build And Costs Just $33K

This House Takes 6 Hours To Build And Costs Just $33K In a time when real estate prices are going through the roof, Italian Renato Vidal has created a brilliant alternative to traditional housing. The M.A.Di. is a flat pack folding home that costs only $33K and three people can assemble it in any flat … Continue reading This House Takes 6 Hours To Build And Costs Just $33K

How Cities Get ‘Granny Flats’ Wrong

How Cities Get 'Granny Flats' Wrong Nov 22, 2017 A Vancouver designer says North American cities need bolder policies to realize the potential of accessory dwellings. If you walk down just about any residential alley in Vancouver, you’re bound to run across one of the city’s thousands of accessory dwelling units (ADUs), known locally as … Continue reading How Cities Get ‘Granny Flats’ Wrong

Trump’s border crackdown is making new homes more expensive

Trump's border crackdown is making new homes more expensive  Last year, Jim Brown and other home builders around Atlanta could get a good framing crew at a rate of $3.25 per square foot. This year, the few framers they can find demand, and get, almost double that. “They can ask anything,” Brown said. “There aren’t … Continue reading Trump’s border crackdown is making new homes more expensive

U.S. new home sales drop 11.4% in April, the most in two years

~ No doubt about it we need more homes being built to satisfy demand and population increases ~ U.S. new home sales drop 11.4% in April, the most in two years John Bazemore / Associated Press A construction worker continues work on new townhomes in Woodstock, Ga., on May 16. U.S. sales of new homes … Continue reading U.S. new home sales drop 11.4% in April, the most in two years

Build a Dream House – Quiz

~ A fun quiz that incorporates 2 of my loves, Real Estate and Star Wars 😉 ~ Build A Dream House And We'll Tell You Which "Stars Wars" Movie You Should Be Watching Right Now