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.
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.
While new-home sales increased, the amount of that increase was less than economists predicted. Year-to-year, new-home sales were down 23%.
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.
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.
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.
For the second year in a row, homeowners and insurers got through a hurricane season without facing any major storms.
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.
So-called love letters from buyers to sellers potentially raise fair housing concerns, but a brokerage says it violates First Amendment free speech rights.
Homes largely built in factories and assembled onsite cost notably less, and builders say that option can help solve the affordable-home shortage.