Surfside's condo collapse could lead to a reshaped real estate market in Miami as developers look to update older buildings, potentially driving out previous lower-income tenants.
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- Robb Report
But at least it comes with all its designer furnishings--including a custom piano.
- The New York Times
The first house was in Midvale, Utah — a three-bedroom, just over 2,100 square feet, listed for $479,000. Rob Ettaro and his girlfriend, Kaliana Veros, who had moved from western New York to Salt Lake City, drawn by career opportunities and the stunning scenery of the Wasatch Range, decided to make an offer. This was back in the wintertime, when the young couple had a modest wish list that included room for family to visit. Their hearts still raced at the idea of being homeowners. Ettaro and Ver
- Architectural Digest
The couple first listed the seven-bedroom home for $23.95 million last August
Just a few short months after finalizing a $190 million contract with the Lakers, Anthony Davis has reinvested a substantial chunk of those earnings into a new Los Angeles home, The Dirt reports. The Real Deal first revealed that the Chicago native forked over an eye-popping sum for a huge estate in Bel Air Crest, […]
- Miami Herald
In a recent Fannie Mae survey, nearly two-thirds of respondents believe now is a bad time to buy and more than three-quarters said it’s a good time to sell.
(Bloomberg) -- Sales of new U.S. homes dropped unexpectedly in June to the lowest since April 2020, showing a further weakening in demand against a backdrop of elevated prices and tight supply.Purchases of new single-family homes fell 6.6% to a 676,000 annualized pace following a downwardly revised 724,000 in May, government data showed Monday. The median estimate in a Bloomberg survey of economists called for a 796,000 rate.Surging construction costs for everything from labor to transportation
- Idaho Statesman
With a state budget surplus approaching $900 million, our legislators have removed 1,500 citizens who needed help with their tax bills.
Sales of new U.S. single-family homes tumbled to a 14-month low in June and sales in the prior month were weaker than initially estimated, the latest signs that expensive lumber and shortages of other building materials were hurting the housing market. The third straight monthly decline in sales reported by the Commerce Department on Monday followed news last week that permits for future homebuilding dropped to a nine-month low in June while home resales rebounded modestly. "Home builders continue to hold back on contracts for new homes given input cost and availability uncertainties, with significant uncertainty about what it will cost to build a house and when it can be delivered," said David Berson, chief economist at Nationwide in Columbus, Ohio.
Hold on to your wallets.What's happening: A new report from Florida Atlantic University and Florida International University called Tampa Bay "the most concerning of the state's metro areas" for overpriced homes. Get market news worthy of your time with Axios Markets. Subscribe for free.By the numbers: Florida homes were selling for 21.8% above their long-term pricing trend as of June 30 — up from 19.2% in May and 17.2% in April.Tampa-area homes sold in June for a 32% premium, compared to 28.5%
Plenty of people are thinking about buying a home but aren't so sure it's the right time to get into the market. And it may not be. It's no secret the housing market has gone rogue. And for some...
- The New York Times
In a housing market desperately short on inventory, with prices spiraling toward the heavens, sellers can demand almost anything these days. They can even take the toilets. Toilets, particularly expensive self-cleaning ones with bidets, are among the hot items ending up on moving vans, as sellers flex their muscle to squeeze the most out of a sale. Sellers are taking their appliances, too, and not just high-end Viking stoves. They are claiming midrange refrigerators, stoves and dishwashers to av
Prefab properties are much more affordable, but traditional mortgages don't always work.
- The Week
It doesn't hurt to look!
- House Beautiful
This property is one of *many* in the comedian's vast real estate portfolio.
- Miami Herald
It is no secret that housing in South Florida is undergoing a period of immense change.
Attention digital nomads: This is for you.
Many people swear by homeownership; some call it a form of "forced savings" while others see it as a way to build generational wealth. Buying a home has long been considered one of the best ways for...
Whether you are interested in buying a home to use as a primary residence or an investment property, it’s possible that the property is currently occupied by tenants. Read on for a quick introduction to tenant rights, landlord obligations and how to limit risks when buying a house with tenants in place. For starters, it’s important to understand that a property sale does not change the terms of tenant leases.
If you're not going to stay in the area for at least two years or you're not financially ready to buy a home, renting is likely your best option. At the same time you're renting, you might also be...
- Kansas City Star
Custom home construction is at an all-time high, presumably influenced by a low inventory of homes and unprecedented low interest rates despite the current fluctuating costs of materials and labor. Simply put? There isn’t a better time than now to build a new home in Chapel Hill.