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Home Remodeling: One Potential Solution to Aging Housing Issues

USA Real Estate News-RISMedia - 1 hour 11 min ago

While new construction is critical in addressing the inventory challenges, experts say that may only partially fix the persisting housing shortage in the United States.

“Over time, aging housing is also likely to increase the rate at which homes deteriorate to the point of functional obsolescence—a factor that would further increase the need to build new housing to replace them,” says David Bank, senior vice president of Rosen Consulting Group (RCG).

The ‘It Girl’ of 2021: Why a Housing Market Crash Is Unlikely

USA Real Estate News-RISMedia - 1 hour 12 min ago

As the real estate market has veered into uncharted territory over the past 18 months, taking the whole industry on a roller-coaster ride of unprecedented surges in demand and price appreciation along with rapidly evolving consumer behavior, many have been asking when and how will it all end? Will the housing market crash?

Home Flipping Activity Rises, But Profits Are Down

USA Real Estate News-RISMedia - 1 hour 13 min ago

Profits for home flips are down even as activity rises, according to ATTOM Data’s second-quarter 2021 U.S. Home Flipping Report. ATTOM found that 79,733 single-family homes and condos in the U.S. were flipped in the second quarter—4.9% of all home sales in Q2 and the first increase in over a year.

HUD Makes $180M in Funding Available for Multifamily Owners In Assisted Housing Programs

USA Real Estate News-RISMedia - 1 hour 15 min ago

The U.S. Department of Housing and Urban Development’s (HUD) Office of Multifamily Housing Programs is opening a new application period for owners of multifamily properties participating in assisted housing programs to apply for more than $180 million in supplemental operating funds to support expenses for protecting residents and staff from COVID-19.

What real estate agents need to know about stair lifts 

USA Real Estate News-Inman - 2 hours 26 min ago
If your buyers have mobility issues, or even reservations about having stairs, here's what you need to know to suggest stair lifts as an alternative means of traveling safely between levels.

80% of real estate brokerages operate from one office: NAR

USA Real Estate News-Inman - 3 hours 26 min ago
The National Association of Realtors' 2021 Profile of Real Estate Firms revealed how brokers are pivoting with enhanced consumer and agent benefits.

California severely curtails single-family zoning with new law

USA Real Estate News-Inman - 4 hours 16 min ago
California Gov. Gavin Newsom signed Senate Bill 9 into law Thursday, legislation that allows up to four residential units to be developed on single-family lots throughout the state.

Lone Wolf’s Recruit helps brokers sniff out the best agents

USA Real Estate News-Inman - 4 hours 28 min ago
Lone Wolf's Recruit will help brokerages maximize their ROI on recruiting efforts and find more agents who are likely to succeed.
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