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Real Estate Weekly Updates


29JUL
The Future of Housing Affordability: Key Solutions
The future of housing affordability in the U.S. depends on addressing the challenges faced by many young Americans who feel increasingly priced out of the market. This article explores policy and market-driven solutions, including down payment assistance, inclusionary zoning, and increasing the supply of affordable housing, to create a more accessible market for all.
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22JUL
Court Ruling Forces NAR to Implement Decision That Could Decimate Real Estate Industry
The National Association of Realtors (NAR) will soon ban the display of pre-set commission offers to buyers’ agents in MLS listings, a change intended to encourage direct negotiation of fees between buyers and agents. However, this move threatens to devastate the real estate industry, potentially forcing hundreds of thousands of agents out of business and leading to significant job losses.
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15JUL
Luxury vs. Affordable: Manhattan’s Real Estate Market
Different neighborhoods in Manhattan show different levels of demand and price trends. Luxury neighborhoods such as Hudson Square and SoHo attract high-end buyers, while more affordable neighborhoods such as the East Village and Upper West Side exhibit different demand dynamics. This article examines how median sales prices reflect the unique appeal and conditions of these Manhattan neighborhoods.
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08JUL
Boomerang Migration and Its Impact on Housing Demand
The phenomenon of boomerang migration, in which remote workers return to expensive urban centers after moving to more affordable areas during the pandemic, is reshaping housing demand across the United States. This trend is affecting both urban and suburban real estate markets as returning workers seek the amenities and opportunities of city living, while also impacting housing availability and prices in their former, more affordable locations.
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01JUL
Efficient Homes: The Future of Real Estate
Energy-efficient homes are revolutionizing the real estate market. This article explores the growing importance of energy efficiency for both buyers and sellers, and discusses key features, benefits, and considerations. Learn how energy-efficient upgrades can impact property values, reduce utility costs, and contribute to a more sustainable real estate future.
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24JUN
Sell Your Home for More: Key Improvements
Increasing the value of your home before you sell is essential to maximizing your return. Focus on cost-effective renovations like kitchen upgrades, bathroom remodels and curb appeal improvements. These improvements not only attract buyers, but also increase your home’s market value, making it more competitive and desirable in today’s real estate market.
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17JUN
Buying a Home in a Cooling Market: Tips and Insights
Home prices continue to rise, but the rate of growth is slowing. Nationally, prices were up 5.3% year-over-year as of April 2024, a significant decrease from the double-digit increases of previous years. Buyers should be aware of this cooling trend and consider the implications for their buying strategies.
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10JUN
Strategies for Sellers in a Tight Housing Market
The U.S. housing shortage, which requires an estimated 1.5 million additional homes to meet demand, has significant implications for both buyers and sellers. Increased competition among buyers is driving up prices, while sellers benefit from higher offers but face challenges in maintaining market appeal. Exploring solutions such as increased construction, policy changes, and innovative housing models could help address the housing shortage.
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03JUN
The Impact of Rising Construction Costs on Home Prices
Rising construction costs are having a significant impact on home prices and the overall housing market. Increased material and regulatory costs are driving up the cost of new homes, making affordability a growing concern. Despite these challenges, new home construction is on the rise as builders implement strategic measures to mitigate costs and meet market demand. This article examines the causes, effects, and strategies surrounding this trend.
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