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Mountain towns across the West are facing a housing crisis. Can the Methow break the mold?
Source: Seattle Times --- METHOW VALLEY, Okanogan County — Cold didn’t faze Molly Starcher as she hauled 20-pound bags of confectioners’ sugar barehanded from Winthrop’s snow-covered boardwalk into The Little Dipper Café & Bakery on a zero-degree late December...
Top Features and Home Design Trends for 2022 Revealed
Source: World Property Journal --- The National Association of Home Builders is reporting that U.S. homebuyer preferences have continued to reverse trends in home building as builders work to respond to new interests in the wake of COVID-19. Increased desire for...
Could Luxury Homes One Day Fill America’s Languishing Office Buildings?
Source: Realtor --- As American manufacturing declined over the decades, major cities inherited vast stretches of disused factories and warehouses. Eventually, savvy owners and developers redesigned and renovated that manufacturing space to create desirable downtown...
5 Eye Opening Charts That Show Why Rental Real Estate Is a Smart Investment
Source: The Motley Fool --- Rental real estate has long been proven one of the best ways to build wealth through real estate. Residential rental real estate, in particular, is an appealing asset class because it provides housing -- an essential service that will never...
New homes are getting bigger
Source: Realty Biz News --- As the COVID-19 pandemic refuses to disappear, people are looking for bigger homes. Now, builders report that the average size of the new homes they’re building has increased to 2,524 square feet as buyers look for greater space. The...
Inflation Pushes Mortgage Rates Up to 3.85%. Experts Warn Borrowers Not to Panic: ‘Historically, Rates Are Still Fairly Low.’
Source: Time --- Inflation continues to hit levels not seen in 40 years, and mortgage rates are rising with it. The 30-year fixed rate average increased to 3.85% – its highest since March 2020 – while the latest figures from the Bureau of Labor Statistics Thursday...
Real estate market continues to rev its engine
Source: Oak Park --- Traditionally, Super Bowl Sunday is considered the kickoff for real estate sales after a winter break for the holidays. As the market comes alive after the big game, the question on a lot of buyers’ and sellers’ minds is what the 2022 will hold...
Amidst booming housing market, North Texas lot
Source: Biz Journals --- At the end of last year, there were more than 75,000 lots under development in North Texas, a record for the area. The housing supply in North Texas is already thin, and while there’s a record number of lots under development it’s going to be...
Real estate: ‘Foreign investors are licking their chops’ to buy U.S. properties, financial advisor says
Source: Finance Yahoo --- Financial Samurai Founder Sam Dogen joins Yahoo Finance Live to discuss the benefits of borrowing and investing when it comes to the real estate sector amid U.S. inflation.
Pessimism Among Young Drives Housing Sentiment Lower
Source: Mortgage News Daily --- How low can it go? Well, lower than ever apparently when it comes to consumers who think it's a good time to a home. The total fell 1 point to a record low of 25 percent in January while 70 percent said the time was not right, a 4...
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