The nation's housing markets, even in the priciest ZIP codes, are shifting in advantage toward home buyers after years of favoring sellers. Year-over-year, 10 times as many of the 100 biggest U.S. metros now favor buyers.
JPMorgan Chase and Wells Fargo recently released their latest earnings reports, showing that mortgage originations and lending had double-digit drops over the previous year, and JPM CEO Jamie Dimon told analysts, “Non-banks are becoming competitors."
Along with billions of dollars in new investments from companies like Amazon, Nashville is bringing in about 100 new people per day. Local leaders recently spoke at the Urban Land Institute's Spring Meeting in Music City.
Experts say that remodeling spending is set to slow down in the U.S. through the first quarter of 2020, projecting annual growth will decelerate from seven percent this quarter to 2.6 percent in Q1 2020.
Many Millennials are putting their first home purchase ahead of other life milestones like getting married and starting a family, despite ongoing affordability pressures.
First-timers and downsizers are increasingly heading to the exurbs in search of affordable, and often newer single-family homes in communities with lower density.
Los Angeles-based tech company Cover designs structures using computer algorithms. Its latest project seeks to make designing and building accessory dwelling units (ADUs) easier and less expensive.
Colorado Senate Bill 19-225, introduced this month, aims to end the statewide ban on local governments implementing rent control by offering counties and municipalities the option to come up with their own rent stabilization policies.
A new ranking finds the 10 U.S. cities with the highest single homeownership rates in the nation, finding that median incomes are higher for the top 10 than for the bottom 10.
Homes with solar panels sell for an average 4.1 percent more than comparable homes without solar panels in their local markets. That's according to the latest Zillow study.
