Treasury Department to reallocate unspent rental assistance funds

In response to the economic shocks brought on by the COVID-19 pandemic, the U.S. government rolled out a rental-assistance program on an unprecedented scale. As the economy continues to open up and return to a degree of normalcy, the Treasury Department is taking steps to make sure these funds get to communities that still needContinue reading “Treasury Department to reallocate unspent rental assistance funds”

Multifamily apartments flourish as rents rise

Apartment occupancy and average rent hit record highs in August. A complex of various factors in the housing market and the broader economy have made it a very lucrative time to own multi-family real estate despite the difficulties imposed by COVID and the eviction moratoriums. The average asking rent rose 10.3% nationally in August, accordingContinue reading “Multifamily apartments flourish as rents rise”

Tech firm predicts strong Fall market

While the housing market typically falls off in the Autumn months, this year’s housing market has been anything but typical. After an exceptionally strong summer for home sales, a report by the tech firm MoxiWorks is suggesting that this will continue into the fall. Until 2020, home sales followed a regular seasonal pattern, with salesContinue reading “Tech firm predicts strong Fall market”

Innovation and continuity in interior design

COVID has transformed the home in a lot of ways. At various times in the last 18 months, our homes have become schools, offices, gyms, and more. There is a lot of dynamism in the world of interior design, even as classic principles endure. For example, with elements like painting and wallpaper, homeowners are willingContinue reading “Innovation and continuity in interior design”

Jump in! Demand for pools rises in the Midwest

The demand for swimming pools has risen throughout the United States over the last eighteen months. Once viewed as a hassle and an impediment to selling your home, swimming pools have become an asset in many markets. In a sign of just how widespread this trend is, pools are even becoming a hot commodity inContinue reading “Jump in! Demand for pools rises in the Midwest”

COVID and the rise of the home gym

Home gyms have become a much more common and attractive feature in the last 18 months. Since the COVID-19 pandemic and lockdowns shut down gyms and disrupted everyones routines back in March, 2020, more and more people have invested in creating solutions for their workout needs from the comfort of home, just one of theContinue reading “COVID and the rise of the home gym”

Vacation rentals a booming side hustle among young homeowners

The hospitality sector has changed radically over the last decade. Companies like Airbnb and Vrbo completely shook up the landscape and created an opportunity for short-term and vacation rentals. A recent report shows that an unprecedented number of young people are trying their hand at the business. A report done by Evolve, a Denver-based vacation-rentalContinue reading “Vacation rentals a booming side hustle among young homeowners”

Home prices up throughout the country in the second quarter

Despite some signs of a cooling market in recent weeks, recent data from the National Association of Realtors indicates a rise in home prices throughout the country in the second quarter. Demand continues to outstrip supply, driving up median home prices. A recent report by the National Association of Realtors showed that the median priceContinue reading “Home prices up throughout the country in the second quarter”

Residential real estate market shows some signs of cooling

The main narrative in real estate over the last year has been ever dwindling inventory and ever increasing prices. This has certainly been the case, and the market continues to be very hot. But the most recent data shows that things are starting to cool down. From April, 2020 to April, 2021 housing inventory decreaseContinue reading “Residential real estate market shows some signs of cooling”