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Keyword: realty

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  • Zillow turns full-blown housing market bear—just look at its new forecast

    04/20/2025 5:22:55 AM PDT · by millenial4freedom · 37 replies
    Fast Company ^ | 04/17/2025 | Lance Lambert
    Once again, Zillow has downgraded its 12-month forecast for national home prices. On Wednesday, Zillow economists published their updated forecast model, projecting that U.S. home prices, as measured by the Zillow Home Value Index, will fall 1.7% between March 2025 and March 2026. Back in March, Zillow downgraded its 12-month outlook for U.S. home prices to +0.8%. In February, Zillow downgraded its 12-month outlook to +1.1%. And at the start of the year in January, Zillow’s 12-month national home price forecast was +2.9%. Why does Zillow keep downgrading its national home price outlook? | Fast Company Newsletters “The rise in...
  • How bad is California’s housing crisis? A first-in-the-nation bill would let students live in cars.

    04/14/2025 9:43:35 AM PDT · by dennisw · 19 replies
    politico ^ | 04/13/2025 | By Eric He
    SACRAMENTO, California — A progressive Democratic lawmaker is seeking a simple but jarring remedy of last resort for California’s college students navigating the state’s housing crisis: Let them sleep in their cars. While roughly half a dozen state legislative proposals this year seek to fund student or faculty housing or loosen building regulations, the benefits would come far too late for current students struggling to stay afloat. With one in four California community college students experiencing homelessness in the past year, Democrats — who have a supermajority in the statehouse — face increasing pressure to deliver on affordability issues. Assemblymember...
  • Baltimore's Billion Dollar Ghost Town --- You tube 11 minutes

    04/11/2025 10:48:46 PM PDT · by dennisw · 31 replies
    Building Tales ^ | Mar 15, 2025 | Building Tales
    Baltimore Peninsula redevelopment project - https://x.com/i/grok/share/mjqjZ25H9rfy472BXT6ci7KPj https://en.wikipedia.org/wiki/Port_Covington Mar 15, 2025 1,216,592 views This video explores Baltimore’s newest and swankiest waterfront neighborhood. It’s a beautiful Saturday but there's just one thing missing … people. Like literally any people anywhere. On this particular Saturday I walked around for a half hour and could just about count all the people I saw on one hand. So what’s going on here… why are there all of these beautiful new buildings but seemingly no one here to use them? For that we need look at what led up to the Baltimore Peninsula Redevelopment Project as...
  • Downtown office towers on 17th Street to become affordable apartment complex (Denver, CO)

    04/08/2025 2:01:54 PM PDT · by dynachrome · 35 replies
    KDVR ^ | 4-8-25 | Maddie Rhodes
    A block in downtown Denver is converting from offices into apartment spaces after a real estate company bought two towers on 17th Street. The Luzzatto Company, a national real estate firm, purchased 621 and 633 17th St. at the start of April for $3.2 million, hoping to revitalize downtown with the over 973,000 square feet of space in the heart of Denver. Right now, it’s a handful of offices and a grassy area just outside the 16th Street Mall, but company owner Asher Luzzatto said it’s going through a complete renovation that will cost between $150 and $200 million. Within...
  • The iconic city whose housing market is on the brink thanks to ELON MUSK

    04/05/2025 1:12:11 PM PDT · by MinorityRepublican · 92 replies
    The Daily Mail ^ | 05 Apr 2025 | ALYSSA GUZMAN
    The Washington DC housing market is in a standstill as federal employees' cushy salaries are still under threat by Elon Musk's Department of Government Efficiency (DOGE) cuts. More than 25,000 rental properties and 9,800 homes are listed in the DC Metro area, with nearly 10,000 rentals and 500 homes just in the District of Columbia alone as of early April, according to Zillow. And although Spring is always a hot time on the market for sellers, buyers are hesitant to snap up homes as their federal and federally-adjacent jobs are still under the threat of massive layoffs as Musk worked...
  • The Mystery Buyer of That $23 Million DC Mansion? Mark Zuckerberg.

    04/03/2025 12:28:13 AM PDT · by ransomnote · 24 replies
    politico.com ^ | 04/02/2025 | Michael Schaffer
    Mark Zuckerberg is the latest billionaire to shell out tens of millions of dollars for a pricey outpost in Donald Trump’s gilded capital.For a month, neighbors in Washington’s upscale Woodland Normanstone neighborhood have speculated about the unidentified buyer who paid $23 million in cash for a 15,000-square-foot mansion. The sale was the third-most expensive in city history and was shrouded in secrecy, with real estate agents muzzled by non-disclosure agreements. Soon after the deal went through in early March, images of the house became pixelated on Google Maps.But on Monday, the same day flight-tracking web sites revealed that the Meta...
  • Billionaire Peter Thiel Warns of a Looming Real Estate 'Catastrophe'—A 'Massive Hit to the Lower Middle Class and Young People' Who Can't Buy Homes

    03/20/2025 1:46:41 PM PDT · by Az Joe · 84 replies
    Yahoo ^ | 03/19/2025 | Jeannine Mancini
    Peter Thiel, the billionaire co-founder of PayPal and one of Facebook's earliest investors, has built his fortune spotting economic trends before they explode. But his latest warning has nothing to do with tech or startups. Instead, he's calling out what he sees as a massive problem in real estate—one that's making it nearly impossible for young Americans to afford a home.
  • Rep. Brandon Gill introduces act to effectively BAN China & other adversaries buying U.S. farmland

    03/15/2025 9:38:14 PM PDT · by UMCRevMom@aol.com · 26 replies
    Law Enforcement Today ^ | 2025-03-15 | Matthew Holloway
    WASHINGTON, D.C.- Congressman Brandon Gill (R-TX) proposed a sweeping measure to Congress Friday to effectively prohibit all foreign adversary nations from purchasing and holding American farmland entitled the Land and National Defense Act. Gill who sits on the House DOGE Committee as well as the House Committee on Oversight and Government Reform said in a post to X announcing the bill “The CCP’s Marxist infiltration threatens our farmers, food, security, and sovereignty—they have NO place on our soil.” The bill as reported by Breitbart News will apply the same level of restrictive regulation which prohibits American citizens and firms from...
  • Massachusetts woman buys house, court orders her to allow a squatter to live in it

    03/07/2025 9:06:21 AM PST · by Red Badger · 123 replies
    Not The Bee ^ | March 07, 2025 | Staff
    The housing market is still utterly insane right now. So it's doubtlessly a relief when a prospective homeowner finds and buys their dream home. Unless, of course, they're told that they, uhh, can't live in it: The nightmare started last fall when [Meghan] McIntyre and her boyfriend decided to move back to Plymouth and purchase their own home. Months later, instead of moving into the house they bought, they are forced to rent an apartment while also paying the mortgage on a home they aren't allowed to live in. Instead, someone else is living in the house. Finding out someone...
  • Largest Trade Organization Under Fire For Allegedly Muzzling Conservative Christians

    03/05/2025 4:45:58 PM PST · by CFW · 7 replies
    Daily Caller ^ | 2/5/25 | Audrey Streb
    The National Association of Realtors (NAR) is facing legal pushback for allegedly censoring conservative Christian real estate agents for their personal beliefs. Critics are slamming NAR’s ethics code, specifically Article 10-5, for serving as a “weaponization tool” that’s been used to further conservative Christian “persecution.” Several of these realtors claiming their rights and businesses have been targeted are now pursuing legal action against the NAR or other parties involved. Virginia realtor and broker Wilson Fauber, Arizona realtor Chad DeVries and Georgia realtor Julie Mauck, all self-professing conservative Christians, have filed lawsuits or have said they intend to file against the...
  • Housing: The Foundations Of The Middle Class Are Crumbling

    02/27/2025 8:05:50 AM PST · by SeekAndFind · 48 replies
    Of Two Minds ^ | 02/27/2025 | Charles Hughes Smith
    Home ownership has been the foundation of middle-class stability and security for so long that it defines middle-class status as much as income. From the end of World War II in 1945 on, the deal was simple: buy a house and you'll build equity that's even better than a savings account because you get the tax break of deducting mortgage interest and you get a roof over your head at a cost that's equal to or even lower than renting a house. Once you've paid off the mortgage, the costs of ownership drop, enabling a secure retirement.Every one of these...
  • More homes are being taken off the market due to a lack of buyers

    02/22/2025 8:59:05 PM PST · by SeekAndFind · 23 replies
    Sherwood ^ | 02/21/2022 | Millie Giles
    Typically, you’d think more homes being taken off the market is good news for real estate agents and analysts… But, with a surplus of new homes for sale and a shortage of buyers, US properties are increasingly being delisted to be moved on from, rather than moved into.Data from analytics firm CoreLogic, reported by the WSJ last Thursday, showed a significant jump in housing delistings at the end of last year, with almost 73,000 homes being taken off the market in December — a 64% increase year-on-year, the highest level in almost a decade — after failing to find a...
  • Last person out of D.C. turn out the lights.

    02/16/2025 6:39:35 AM PST · by freedomjusticeruleoflaw · 75 replies
    Twitchy ^ | 2/16/25 | Ted Cruz
    Ted Cruz Shares 'Absolutely INSANE' Thread That PROVES DOGE Is ALREADY Draining the Swamp
  • Homes put up for sale in just the last 14 days in DC.

    02/15/2025 1:35:17 PM PST · by cuz1961 · 56 replies
    X ^ | 2/14/2025
    Homes put up for sale in just the last 14 days in DC. https://twitter.com/merissahansen17/status/1890543820099522786
  • REAL ESTATE: The @Doge team is causing a very real exodus from Washington DC. Housing listings are surging—over 14,825 in this snapshot alone.

    02/15/2025 4:41:53 AM PST · by hardspunned · 46 replies
    X ^ | amuse
    It’s less of a market shift and more of a mass evacuation, like rats fleeing a sinking ship.
  • Washington, DC real estate & homes for sale

    02/14/2025 8:01:20 PM PST · by dynachrome · 41 replies
    Realtor.com ^ | 2-14-25 | Realtor.com
    3,189 Homes Relevant listings
  • How Shopping Malls Are Being Transformed Into Apartments In The U.S.

    02/08/2025 12:10:12 PM PST · by DallasBiff · 40 replies
    CNBC ^ | 12/5/24 | CNBC
    While many U.S. malls face anchor store closures and empty parking lots, some are finding new life by becoming housing. Real estate developers are building housing inside of or next to shopping malls as department stores like Macy’s, JCPenney and Sears shrink or cease to exist. At least 192 U.S. malls planned to add housing to their footprint as of January 2022. Dozens of apartment projects at malls are underway in California, Colorado, Florida, Arizona and Texas. The trend not only helps to chip away the housing shortage in the U.S., but also brings people closer to the remaining retail...
  • THE FALL OF MINNEAPOLIS CONTINUES

    02/01/2025 8:36:19 AM PST · by Rummyfan · 51 replies
    Powerline ^ | 31 Jan 2025 | John Hinderaker
    From the world of commercial real estate, this shocking news:Minnetonka-based Onward Investors purchased the 31-story Ameriprise Financial Center at a big discount, adding to its growing portfolio of downtown Minneapolis office buildings.The firm paid $6.25 million in cash for the property at 707 S. Second Av., according to sources familiar with the deal. The building last sold in 2016 for $200 million.So that represents a 97% decline in market value since 2016. The prior owners handed the keys back to their lender in 2023. This is a nice, new building in the heart of downtown Minneapolis, but it is now...
  • US Home Sales Plunge To Lowest Level Since 1995: Here's Why

    01/27/2025 8:45:20 AM PST · by SeekAndFind · 33 replies
    Daily Voice ^ | 01/27/2025 | Chris Spiker
    Home sales in 2024 tumbled to their lowest level in nearly two decades but the Northeast offered a small glimmer of hope in an otherwise challenging year for the housing market.Existing-home sales dropped to 4.06 million in 2024, the National Association of Realtors (NAR) said in a news release on Friday, Jan. 24. That figure marked the worst year for the US housing market since 1995.The sales drop happened as the median price of a home reached a record high of $407,500, up six percent from 2023."The median home price was elevated partly due to the upper-end market's relative better...
  • The Stale US Real Estate Market

    01/06/2025 2:41:25 PM PST · by delta7 · 84 replies
    Armstrong Economics ^ | 6 Jan 25 | Martin Armstrong
    Home sales in the US rose to a four-year high after rising 12.1% YoY, according to a new Redfin report. As I stated, we are entered a buyer’s market in May of 2024 in line with the ECM. Gone are the days of bidding wars and skipped inspections. Home inventory has picked up significantly but we are seeing those homes sitting on the market far longer as people simply cannot afford to buy. Nearly 55% of listed homes have been on the market for over 60 days, a 49.9% increase from last year. The average home takes 43 days to...