Luxury shed market booming

If you’re like most people, you probably don’t associate the words “luxury” and “shed” very closely with each other. That may be about to change, as the new demands of homeowners to maximize the use of their home space is driving a new demand for detached units. These are not pre-fabricated sheds you use forContinue reading “Luxury shed market booming”

Builders struggle with shortage of land to meet current housing demand

Builders are struggling to find enough land to develop to meet the current demand, according to a recent report in the Wall Street Journal. The combination of record-low interest rates and a growing desire for home space has fueled a booming market. Developers have struggled to keep up with demand, and now a complication hasContinue reading “Builders struggle with shortage of land to meet current housing demand”

Federal reserve signals continued low interest rates going into 2021

We’ve talked a lot on the realREVEAL about the extremely high levels of demand in the residential real estate market currently. Whether through housing starts or existing home listings, homes are not entering the market quick enough to meet the unprecedented demand, leading to historically low home-inventory. There are a number of key factors contributingContinue reading “Federal reserve signals continued low interest rates going into 2021”

Key indicators for national real estate trends in the coming year

COVID-19 has been a huge event in the economy and will have longterm effects on residential real estate going into 2021 at the very least, and likely far beyond. At the National Association of Realtors’ second annual Real Estate Forecast Summit last week, a group of top economists and residential real estate experts released aContinue reading “Key indicators for national real estate trends in the coming year”

Homeowners adapting creatively to the demands of working from home

Have any shelves, nooks, or unused closets lying around? Designers are looking for new ways to get the most out of tight interior spaces. With many people still forced to work, learn, and socialize from home, there is a strongly felt need to maximize the use of those spaces we do still have access to—namely,Continue reading “Homeowners adapting creatively to the demands of working from home”

Winter and COVID-19 spark reimagining of outdoor living

COVID-19 has impacted the culture of home-owning in the U. S. in a variety of ways, some of which we have documented here. With the danger of infection heightened in closed, interior spaces, people have moved outside to socialize six-feet apart. But as cases of coronavirus spike and the winter months inexorably approach, people areContinue reading “Winter and COVID-19 spark reimagining of outdoor living”

Justice Department antitrust settlement targets the National Association of Realtors

The Justice Department and the National Association of Realtors—the largest realty trade group in the country—have reached a settlement on the government’s antitrust lawsuit, the Wall Street Journal reports. The expressed purpose of the suit was to increase transparency among real estate brokers for the benefit of consumers. In a case filed in a WashingtonContinue reading “Justice Department antitrust settlement targets the National Association of Realtors”

COVID-19 spurs new models of multigenerational living

The COVID-19 pandemic has served as a potent catalyst for widespread cultural shifts, often with marked impact on residential real estate. One such effect is the growth of an understandable skepticism towards traditional assisted living facilities. Nursing homes have been severely effected by the coronavirus, and families are starting to move their parents and grandparentsContinue reading “COVID-19 spurs new models of multigenerational living”

Home equity rises in 3rd Quarter as residential real estate market continues to make gains

The tumultuous events of 2020 may have put a damper on much of the U.S. economy. But real estate has remained unscathed. In fact, the residential real estate market has done remarkably well this year, with few signs of stopping. The high demand among homebuyers has been well reported on, but this week brings anotherContinue reading “Home equity rises in 3rd Quarter as residential real estate market continues to make gains”

Average home price continues to rise across major American cities

Home-inventory continues to be at a historic low, as extremely low interest-rates and cultural shifts resulting from the COVID pandemic are driving up demand. Across the country, people are looking for more space in which to work and educate from home. As surely as day follows night, this combination of unprecedented low supply and highContinue reading “Average home price continues to rise across major American cities”