Blog Archives

Investor Who Called Housing Top and Bottom Says It’s Time to Sell

(Bloomberg) — Bond manager Mark Kiesel sold his California home in 2006, when he presciently predicted the housing bubble would pop. He bought again in 2012, after U.S. prices fell more than 30% and found a floor. Now that housing prices are again at historic highs, Kiesel is thinking of selling again. Can he be […]

Zillow to stop flipping homes for good as it stands to lose more than $550 million, will lay off a quarter of staff – MarketWatch

Wonder why there has been such a short supply of housing and it’s been getting more and more expensive? You can blame part of this on large corporate speculators, such as Zillow. The company discovered belatedly that home prices don’t go up forever and, as a result, will lose $550 million and 25% of its […]

Hot Northwest Arkansas Housing Market Struggles With High Prices and Low Inventory

Average home prices in Northwest Arkansas are increasing faster than wages as area home inventories continue to decline, according to a new real estate report. Meanwhile, the low inventory has led residents to lease multifamily housing, resulting in rising rents and falling vacancy rates. The area has been a popular destination for those who appreciate […]

Home Prices in the U.S. Soar 23%, the Fastest Rate on Record

(Bloomberg) — U.S. home prices rose the most on record in the second quarter as buyers battled for a scarcity of listings.The median price of an existing single-family home jumped 23% from a year earlier to an all-time high of $357,900, the National Association of Realtors said in a report Thursday. About 94% of 183 […]

There are more than 8 million empty homes in rural Japan, and local governments are selling them for as little as $500 in a bid to lure residents

Tired of all the high prices, noise and pollution and looking for an escape from the big city? How about moving to the Japanese countryside for free? — Read on www.yahoo.com/news/more-8-million-empty-homes-103413523.html

Salt Lake City is building a tiny home village 

Salt Lake City is building a tiny home village to address homelessness. Is it just a quick fix for an economic hiccup, or is it the beginning of a new long-term housing trend prioritizing reconnection with community instead of material accumulation? Read more below. Source: Salt Lake City is building a tiny home village with […]

Want to Move to Our Town? Here’s $10,000 and a Free Bike.

Communities around the US are competing for residents, offering perks that are hard to refuse. Springdale, Arkansas, a fast growing city in one of the nation’s top-ranked metropolitan areas, offered $10,000 and a bike. I was surprised to read this because it is my hometown I left 30 years ago to attend university and eventually […]

40 Cities That Could Be Poised For a Housing Crisis

Dark clouds are on the horizon for distressed homeowners, but there may be a silver lining for future investors. Read more on Yahoo at the below link: Source: 40 Cities That Could Be Poised For a Housing Crisis

What to do when you inherit your parents’ stuff — and you don’t want it – MarketWatch

Separating emotions from monetary value and planning ahead are key to a smooth estate transition, according to an expert who has helped many families across the US through the process. — Read on www.marketwatch.com/story/what-to-do-when-you-inherit-your-parents-stuff-and-you-dont-want-it-2020-07-14

A Singaporean prefab tiny-home maker says 70% of its customers are in the US – see inside its coming $21,000 ‘Legend One’ offering

High-tech move-in-ready tiny homes are becoming more popular as the global economy worsens and more people struggle paying for traditional housing. What makes these homes so attractive? — Read on www.yahoo.com/news/singaporean-prefab-tiny-home-maker-122800947.html