More single-family homes are in the pipeline, but the industry is skeptical about whether the increase will satisfy buyer demand. Single-family production increased 1.6 percent in August to a seasonally annual rate of 851,000, the Commerce Department reported Tuesday. Single-family production is now nearly 9 percent higher than a year ago. The uptick is welcome news to housing markets that are increasingly facing severe housing shortages, but the
Some well-intentioned homeowners may actually be doing more harm than good when they're completing normal household chores. Realtor.com® recently featured a list of cleaning myths that could actually reduce the value of a home. Here are a few cleaning habits to warn your clients against:Too much bleach.Homeowners may be under the assumption that bleach is the best cleaner in the bathroom. “Bleach does not clean anything,” Leslie Reichert, cl
The Midwest is attracting more single and unmarried women who are choosing to put down roots and buy a home in the region, according to a new analysis by Owners.com. Cincinnati topped its list, followed by Kansas City, Kan., and Kansas City, Mo."There is a noticeable shift toward more single women entering the real estate market, particularly given lower unemployment rates, rising incomes, and the value placed on homeownership," says Phil Karp, s
Real estate associations and firms are rushing to help thousands of displaced hurricane victims find temporary housing in the Houston area. The Houston Association of REALTORS® launched a housing section on its website to help victims of Hurricane Harvey find a temporary place to live. The site allows real estate professionals, property owners, landlords, and property managers to post homes they agree to make available. Some of the homes poste
Fishers, Ind., a suburb of Indianapolis, nabbed the number one spot as this year’s best place to live in Money Magazine's 30th annual list.This was the first year Money Magazine teamed with realtor.com® to leverage the site’s housing market data in compiling its list. The magazine evaluated 2,400 places and factored in eight categories: cost of living, economy, education, housing, crime, convenience, cultural and recreational amenities, a
Indoor air pollution is present even in housing that has been built according to green standards, according to a new study by the Silent Spring Institute, which appears in the journal Environment International.Researchers collected nearly 100 air and dust samples from newly renovated subsidized housing in Boston before and after residents moved in. The building had been renovated to eco-friendly standards, particularly for energy efficiency. Re
Real estate professionals in South Florida say housing was largely spared the wrath of Hurricane Irma last week, and they expect only minor delays in closings. Homes that were under contract when Irma hit will need to be reinspected, says Jim Flood, regional manager for Supreme Lending in Fort Lauderdale. Some lenders are covering the average $200 cost for reinspections and extending interest rate lock-ins for 10 days to help clients minimize del
Urban landlords are increasingly offering unique incentives to attract buyers and tenants to their buildings, including rock ‘n’ roll rehearsal rooms, Imax theaters, bike repair stations, stargazing sessions, woodworking shops, greenhouses for growing herbs, and even dog yoga classes, The New York Times reports. Dog yoga, which the developer Brodsky Organization is offering as a free perk to residents in 62 rental buildings in New York, hel
The recent Equifax data breach, which exposed the personal information of about 143 million Americans—one of the largest hacks on record—could put home sales at risk. For consumers trying to get a mortgage, the data breach, which compromised people’s Social Security numbers, addresses, and credit card information, could stall their loan approval or put them at risk for having their information stolen and used in unlawful real estate transa
Price: $3,995,000Size: 4 Beds / 3 Baths / 5,357 Sq Ft Living / 177,376 Sq Ft LotBuilt: 2002Imagine an estate with surroundings that instantly transport you to the vineyards of Tuscany. This Italian-inspired Villa is a custom built residence amidst a tranquil setting and beautiful natural landscape. Tucked in Silverado Canyon, it is hard to imagine you are in the heart of Orange County within 10 minutes of many surrounding cities. The Villa has 4
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