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”

Rising home prices edging would-be buyers out of the market

Rising home prices and the persistent problem of low inventory is having widely felt effects throughout the economy. But the impact is not being experienced equally across the economic spectrum, as many lower income, would-be buyers are getting priced out of the market. While there have been some promising signs recently that the housing marketContinue reading “Rising home prices edging would-be buyers out of the market”

Rise in new listings suggests the housing market may be cooling down

What goes up must come down, eventually. For the last 14 months, the residential real estate market has just gone up and up and up, with few signs of slowing down or leveling off. Bidding wars, rising prices, and homes selling for way above asking have become the norm. The most recent data from June,Continue reading “Rise in new listings suggests the housing market may be cooling down”

As builders seek to meet housing demand, the price of land rises

The housing market continues to be a buzz of activity. This hot market is extending into other connected sectors of the economy as well. Home construction has risen sharply this year, as builders seek to remedy the housing inventory shortage. As a result, the price of undeveloped land has skyrocketed in some of the nation’sContinue reading “As builders seek to meet housing demand, the price of land rises”

As COVID lockdowns cease, interior design takes an entertainment focused turn

As COVID gradually winds down, people are beginning to unwind and let loose. This is having a big impact on interior design as homeowners opt for a bolder, colorful, and more opulent look. And of course, with less and less need for social distancing, you have to have lots of room to entertain. This shiftContinue reading “As COVID lockdowns cease, interior design takes an entertainment focused turn”