What will happen when the Baby Boomers retire? For one thing, they’re keeping their homes longer than other generations… and it could be one factor (among many) that affects the housing shortage. But what about the years ahead? If you have multiple properties, you’ll want to read this.
FutureCast Forum member and wealth manager, Brian Evans, road-maps the opportunity for Delaware Statutory Trusts allowing landlords to divest, diversify and downsize in retirement.
Across Greater Seattle, the typical single-family house cost 10.4 percent more in November than a year ago, the biggest increase of any metro area in the country, according to the Case-Shiller home-price index released Tuesday.
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- Existing home inventory is down 10.1% from last year.
- A lack of inventory explains the modest increase in home sales (0.8% year-over-year) despite strong buyer demand.
- Existing home prices increased 5.1% year-over-year, which is directly related to the lack of inventory.
Sick of all the election hoopla? Well, here’s a lighter look at the parties! Do you think red or blue states have the most expensive homes? Who pays the most rent? And where are the biggest homes? Make your guess, and then see if you’re right!
At least half of the properties that sold in March–May 2016 were on the market for 30 days or less in the District of Columbia, Washington, Oregon, California, Idaho, Utah, Colorado, Nebraska, Kansas, Texas, Minnesota, Iowa, and Massachusetts, according to the May 2016 REALTORS® Confidence Index Survey Report.
3rd Quarter 2014 prices are still on the upswing. After the years of negative appreciation, we're glad to see the upward trend continuing!