New Single-Family Homes Get Bigger Again
After years of expansion, the average size of a new home started to come down – but a desire for more space in 3Q 2021 pushed new-home sizes 6.2% higher.
Higher Home Values Mean Higher Property Taxes
Homebuyers who think property taxes will match the amount the seller had paid often find they’re wrong – and rising home values may might make them very wrong.
Oct. New Homes Sales Up 0.4% as Prices Climb
While new-home sales increased, the amount of that increase was less than economists predicted. Year-to-year, new-home sales were down 23%.
Single-Family Rental Demand ‘Through the Roof’
The listing shortage forced some families to rent, but many recent sellers are opting to pocket profits and wait a year or so for a calmer real estate market.
Heard About the Dog Selling a Mansion? It’s Fake
The widely reported news: A German Shepard sold a Miami mansion once owned by Madonna. It’s not true, and that story has been reappearing for 20 years.
The Pain of Panes: New Windows in Short Supply
Two-thirds of builders cited a glass shortage for windows, shower doors, etc. The supply problem? A lot of it is manufactured in China, Mexico and India.
Florida Dodges Bullet as Storm Season Set to End
For the second year in a row, homeowners and insurers got through a hurricane season without facing any major storms.
Should You Be Marketing in the Metaverse?
Facebook and Microsoft envision metaverse growth, but it’s unclear if “living avatars” existing in a “hyper-real alternative world” are a fad or opportunity.
Oregon Bans Buyer “Love Letters” – Broker Sues
So-called love letters from buyers to sellers potentially raise fair housing concerns, but a brokerage says it violates First Amendment free speech rights.
Builders’ Hope Manufactured Homes Will Find Buyers
Homes largely built in factories and assembled onsite cost notably less, and builders say that option can help solve the affordable-home shortage.