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News

U.S. Existing Home Sales At One-Year High, Prices Up

October 22, 2014
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U.S. home resales raced to a one-year high in September, the latest indication the housing market recovery is gradually getting back on track. The National Association of Realtors said existing home sales increased 2.4 percent to an annual rate of 5.17 million units, the strongest reading since September of last year. That was above economists’ […]

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The Need For Multigenerational Housing: The Numbers Are Growing

October 21, 2014
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In a recent article, Forbes highlighted the growing need for multigenerational housing in America today. Now, boomers have more attractive living options for sharing households, whether it’s to provide housing for their parents or to move in with their grown children and grandkids. The idea of multigenerational housing is as old as humanity. But mostly […]

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Nationwide Housing Starts Top 1 Million For Third Time This Year

October 21, 2014
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For the third time this year, nationwide housing starts surpassed the million-mark, according to newly released figures from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Total housing production in September rose 6.3 percent to a seasonally adjusted annual rate of 1.017 million units. “These numbers show starts returning to […]

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Mortgage Rates Fall To 16-Month Low

October 16, 2014
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Mortgage interest rates took a dive to a 16-month low during a quiet week that included the Columbus Day bank holiday on Monday. The benchmark 30-year fixed-rate mortgage fell to 4.01 percent from 4.18 percent last week, according to the Bankrate.com national survey of large lenders. The last time it was lower was May 29, […]

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5 Housing Trends For Fall 2014

October 10, 2014
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It’s not a bad time to be a homebuyer. Just don’t think the odds will be on your side indefinitely. Mortgage standards, such as credit score requirements, have started to loosen, and mortgage rates remain low. If you are planning to buy, act quickly. The housing market is expected to heat up in coming months […]

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America’s Newest Hipster Hot Spot: The Suburbs?

October 10, 2014
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It’s an idea echoed everywhere from “Friends” to “Girls”: Young people want to live in cities. And, we’re told, a lot of them (at least the cool ones) do. It’s a common assumption. But it’s also wrong. Between 2010 and 2013, the number of 20- to 29-year-olds in America grew by 4 percent. But the number living in […]

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A Rebound In Housing Demand Heading Into Fall

October 10, 2014
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September was a turnaround month for buyer demand. The latest Redfin data on broker activity shows that demand rebounded last month after a market-wide drop in homes for sale and new listings put a damper on home searches in August. The number of customers requesting tours with Redfin agents increased 2.2 percent in September versus […]

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Lennar, Denver’s 2nd Biggest Homebuilder, Launching Its Solar 20/20 Plan In Colorado

October 9, 2014
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Lennar, having put solar power systems on thousands of homes in about 100 California communities, is launching its Solar 20/20 Plan in Colorado. The Miami-based company will expand the California program to Colorado on Thursday at a ribbon cutting ceremony in Arvada. The program aims to bring renewable power to the masses by including solar […]

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The Fading Distinction Between City And Suburb

October 7, 2014
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Most of us who are sometimes labeled “urbanists” believe the new age of the city is squarely upon us. Cities and urban neighborhoods once counted for dead are adding people, in some cases faster than the suburbs; at the same time, we’re seeing shortages of affordable housing in some of America’s largest and most vibrant […]

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The Smart Home Goes Mainstream

October 3, 2014
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The affluent have enjoyed the technologies that make their homes smarter, more convenient, more efficient, more secure and more entertaining for some time. Today, the masses are demanding these technologies – causing a fundamental shift in the way homebuilders envision the standard home. Homebuilders are now thinking beyond granite countertops to smart home automation systems […]

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