Adelaide, South Australia…A new study, jointly conducted by the University of Adelaide and University of Essex, has found that renting, rather than owning, a private-sector home leads to faster biological ageing. Renters sitting in front of a pile of boxes Credit: SHVETS Production The negative health impacts of renting were shown to be greater than […]
New York, NY…S&P Dow Jones Indices (S&P DJI) today released the latest results for the S&P CoreLogic Case-Shiller Indices, the leading measure of U.S. home prices. Data released today for January 2022 show that home prices continue to increase across the U.S. More than 27 years of history are available for the data series and […]
Lake Tahoe, CA/NV…Updated rules to encourage more affordable housing options for Tahoe residents and workers have been unanimously approved by the Tahoe Regional Planning Agency (TRPA) Governing Board. The approval significantly expands the number of properties in the Tahoe Basin that can add an accessory dwelling unit (ADU) and provides further incentives if the ADU […]
New York, NY…S&P Dow Jones Indices (S&P DJI) today released the latest results for the S&P CoreLogic Case-Shiller Indices, the leading measure of U.S. home prices. Data released today for May 2021 show that home prices continue to increase across the U.S. More than 27 years of history are available for the data series, and […]
Irvine, CA… ATTOM, curator of the nation’s premier property database, today released its second-quarter 2021 U.S. Home Affordability Report, showing that median home prices of single-family homes and condos in the second quarter of this year are less affordable than historical averages in 61 percent of counties across the nation with enough data to analyze. […]
Northstar, CA…. Resolute Capital Partners (“Resolute Capital”), a private equity firm that actively invests in and manages investments in energy, real estate, and technology, announced today that phase 1 of its Village Walk Skyline luxury townhome development project is sold out. The development is located in the all-seasons resort of Northstar, California—just north of Lake Tahoe—and is […]
San Francisco, CA….Pacaso, a service that helps people buy and co-own second homes, today announced its inaugural Second Home Heat Index, revealing California’s hottest second home markets. Pacaso determined the 10 top second home markets across California by creating a proprietary composite measure that weighs several key metrics. The analysis looked at California cities where at least 25% of homes were […]
Washington, DC…Existing-home sales waned in April, marking three straight months of declines, according to the National Association of Realtors®. All but one of the four major U.S. regions witnessed month-over-month drops in home sales, but each registered double-digit year-over-year gains for April. Total existing-home sales,1 https://www.nar.realtor/existing-home-sales, completed transactions that include single-family homes, townhomes, condominiums and co-ops, […]
Los Angeles, CA…Fierce competition drove California’s median home price to reach a new record high in March, while the state’s housing market continued its momentum with sales remaining solid heading into the spring homebuying season, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said on April 16th. Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted annualized rate […]
Phoenix, AZ…In the early twentieth century, known as the “progressive era,” the United States embarked on a spree of regulatory projects. One such project was airline regulation, which led to the creation of the Civil Aeronautics Board (CAB). The CAB controlled entry into the market, air routes, and air fares. Fortunately, realizing the harmful consequences of […]