2021 on track to have highest home sales in 15 years

While the housing market in the U.S. has plateaued somewhat in recent months, the year has been an extremely active one overall. Recent data from the National Association of Realtors indicates that if current trends continue, 2021 will have the highest number of home sales for any year since 2006. The NAR prediction is basedContinue reading “2021 on track to have highest home sales in 15 years”

New Zealand government seeks to cool red-hot market

The red-hot real estate market over the last two years has been a truly global phenomenon. New Zealand has seen some of the most dramatic increases in home prices anywhere in the developed world. In the face of skyrocketing home prices, the New Zealand government has been testing a wide array of measures to coolContinue reading “New Zealand government seeks to cool red-hot market”

“A tough day at Zillow” as they shut down iBuyer program

In its third-quarter meeting with shareholders, the Zillow Group announced that they will be shutting down their iBuyer program, Zillow Offers. This comes just weeks after they announced that the program was going on hold for the rest of 2021. What does the announcement mean for the market and the future of iBuyers in general?Continue reading ““A tough day at Zillow” as they shut down iBuyer program”

Keller Williams expansion team Hergenrother Realty Group to rebrand

Last week, one of Keller Williams’ biggest teams, the Vermont based Hergenrother Realty Group, announced that it will be rebranding and strengthening its relationship with KW. Called “Livian,” the new brand will emphasize a dynamic approach to the rapidly evolving residential real estate market of 2021. Hergenrother is one of KW’s expansion teams, teams thatContinue reading “Keller Williams expansion team Hergenrother Realty Group to rebrand”

Remodeling as therapy

Numbers, trends, tangible data—these are what form the basis of all our major financial and business decisions. Or so we would like to think. But despite our best attempts to be purely rational and in control of our emotions and impulses Writing in the Wall Street Journal, Kris Frieswick has some intriguing insights about theContinue reading “Remodeling as therapy”

The rise of “co-primary” living

In the telecommuting world of 2021, there is a lot more flexibility in terms of where you can spend your time. While some have returned to the office, others have taken advantage of remote work to split their time between multiple residences—a move that can come with some legal and practical hurdles! Broadly speaking, theContinue reading “The rise of “co-primary” living”

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”