Friday, October 9, 2015

FRIDAY - OUT CHASING SQUIRRELS


- 9 Pro Tips to Create a Long-Lasting Kids’ Room
- 6 Things That Determine How Fast A Home Will Sell
Anderson Forecast Projects Higher Housing Costs
Meet the Hipster Real Estate Developers Building for Millennials 
The answer for affordable housing? Single-family homes
3 reasons fall is a great time to buy a home
10 Tips for Planning a Galley Kitchen

Enjoy!


6 Things That Determine How Fast A Home Will Sell

Anderson Forecast Projects Higher Housing Costs - "Home prices in California will become increasingly less affordable over the next two years, as the amount of building will not meet new demand,” said UCLA Anderson Forecast Senior Economist Jerry Nickelsburg in a new report. The forecast projects steady gains in employment through 2017 and estimated total employment would grow at a rate of 2.7 percent this year, 2.2 percent next year, and 1.4 percent in 2017. The forecast said 1.14 million housing units will be started this year, rising to 1.42 million next year and 1.44 million units in 2017. However, the affordability of rental units is becoming a concern as 46 percent of renters – compared to 40 percent a decade ago – now spend more than 30 percent of their income on rent.


Meet the Hipster Real Estate Developers Building for Millennials  - Young real estate developers are using young investors’ money to put young people in young neighborhoods, and they’re finding real success with the profits to prove it. These companies are buying neglected apartment buildings in promising neighborhoods, renovating in a way that appeals to the millennial consumer, raising rents, and filling them with young professionals. One four-year-old firm earned a 24 percent return on its first five buildings. An additional seven sites, owned for at least a year, are producing annual yields—cash as a share of investment—of 11.2 percent.


The answer for affordable housing? Single-family homes - To address the significant lack of affordable homes in the housing market, two researchers from the Urban Institute suggest rentals in single-family homes and small multifamily buildings are a viable solution. They note, “Currently, single-family rental units make up more than half of the 14 million rental units in the United States, but government programs to increase affordable rental housing exclude them.” It is predicted that 13 million families will become renters over the next 20 years while the supply of affordable housing is shrinking.


3 reasons fall is a great time to buy a home - With the change in the season comes pumpkin spice lattes and cooler weather, but it’s also a good time to consider buying a home. For example, there is typically less competition during the autumn, as fall historically sees a decline in buyer demand that results in a willingness to negotiate among summer’s remaining sellers. In addition, service providers such as mortgage lenders and title companies are emerging from the summertime sales swamp and can often respond more quickly. Reaping tax benefits before the end of the year closes is another positive reason to consider a purchase.


10 Tips for Planning a Galley Kitchen - Follow these guidelines to make your galley kitchen layout work better for you. Some of my favorites:

No comments:

Post a Comment