Author name: developer

Newly Built Urban Homes Carry a Massive Price Premium of Up to 300%

Newly Built Urban Homes Carry a Massive Price Premium of Up to 300%

If you’re looking for a newly built home in the city, there are typically fewer options than in the suburbs. Suburban building dominates the current market for new homes, with only 10% of new-construction homes for sale in urban areas, compared with 30% of existing homes, according to the Realtor.com® quarterly New Construction Insights analysis.Read …

Newly Built Urban Homes Carry a Massive Price Premium of Up to 300% Read More »

Longevity Threatens Social Security and Homeownership Plans

Longevity Threatens Social Security and Homeownership Plans

Longevity is complicating retirement in more ways than financial planners can count. For one, longer lifespans are fundamentally changing the question of when to retire. A 65-year-old has an average life expectancy of 86, and a 65-year-old couple has a 64% chance that at least one partner will live beyond 90. That’s stretching retirement fromRead …

Longevity Threatens Social Security and Homeownership Plans Read More »

Texas Homeowners Accuse SpaceX of Damaging Property With Sonic Booms From Rockets

Texas Homeowners Accuse SpaceX of Damaging Property With Sonic Booms From Rockets

Billionaire Elon Musk’s SpaceX company faces two separate lawsuits from more than 150 Texas residents claiming that Starship rocket launches and engine testing have damaged their homes. Both lawsuits were filed on April 30, one in U.S. District Court in Brownsville, TX, and the other in McLennan County’s 414th District Court. The federal complaint broughtRead …

Texas Homeowners Accuse SpaceX of Damaging Property With Sonic Booms From Rockets Read More »

Joanna Gaines’ Texas Farmhouse Is Getting a Major Overhaul

Joanna Gaines’ Texas Farmhouse Is Getting a Major Overhaul

Home renovation guru Joanna Gaines is putting her talents to good use inside her own Texas farmhouse—revealing that the kitchen space inside her family’s home is undergoing an extensive overhaul that has seen it almost entirely gutted of its original finishes. The Magnolia Network co-founder, 48, and her husband, Chip, 51, have been living insideRead …

Joanna Gaines’ Texas Farmhouse Is Getting a Major Overhaul Read More »

Billionaire Tom Steyer Running for California Governor Says Cities There ‘Do Not Want New Housing’

Billionaire Tom Steyer Running for California Governor Says Cities There ‘Do Not Want New Housing’

Billionaire Tom Steyer, one of the top contenders for governor of California, argued that the state’s leading challenge is its lack of housing affordability, blaming local resistance to new development. Steyer made his remarks during Tuesday night’s televised gubernatorial debate that saw seven candidates seeking to replace outgoing Gov. Gavin Newsom—five Democrats and two Republicans—clashRead …

Billionaire Tom Steyer Running for California Governor Says Cities There ‘Do Not Want New Housing’ Read More »

Where Recording Fees and Taxes Take the Biggest Bite Out of Home Sales

Where Recording Fees and Taxes Take the Biggest Bite Out of Home Sales

When Sandra Meyers sold a condo and bought a single-family home last year in Delaware, she wasn’t prepared for the hit she’d take from government taxes and fees. “I always thought Maryland was high for closing, but this hurt,” she wrote on Facebook. “Run all the numbers, but brace yourself.” She said she’d sold herRead …

Where Recording Fees and Taxes Take the Biggest Bite Out of Home Sales Read More »

HGTV Star Page Turner Opens Up About Lasting ‘Weight’ of Her Mother’s Death

HGTV Star Page Turner Opens Up About Lasting ‘Weight’ of Her Mother’s Death

HGTV star Page Turner has candidly lifted the lid on her ongoing struggle to come to terms with the death of her mother, Patricia Turner, admitting that losing her closest friend and relative to breast cancer is the hardest thing she’s ever had to face. The “Love It or List It” star, 53, reflected onRead …

HGTV Star Page Turner Opens Up About Lasting ‘Weight’ of Her Mother’s Death Read More »

How Mortgage Rate Buydowns and Builder Incentives Can Make New Construction More Affordable

How Mortgage Rate Buydowns and Builder Incentives Can Make New Construction More Affordable

One of the first things home shoppers learn is that the price they see on real estate listings is nearly always negotiable. And that same flexibility exists when buying a newly built home, too, in the form of builder incentives. Builder incentives are promotions offered by developers that, much like a coupon, cut the costRead …

How Mortgage Rate Buydowns and Builder Incentives Can Make New Construction More Affordable Read More »

Colorado River Water Saving Plan Could Have a Big Impact on Southwest Market

Colorado River Water Saving Plan Could Have a Big Impact on Southwest Market

Arizona, California, and Nevada have proposed a high-stakes plan to conserve 3.2 million acre-feet of Colorado River water through 2026. While the goal is to stabilize the West’s most vital waterway, the deal signals a permanent shift for the region’s real estate: The era of water-unlimited growth is officially over. “We’ve been used to aRead …

Colorado River Water Saving Plan Could Have a Big Impact on Southwest Market Read More »

Scroll to Top