Economy: Page 59
-
Hines plans a high-end senior housing facility in Manhattan
Rents could top $20,000 per month but wouldn't be covered by insurance as the developer takes a chance on wealthy seniors choosing to stay downtown.
By Sean Barry • March 7, 2017 -
SmartAsset: TX cities lead housing markets poised for growth
Home-price appreciation is picking up across the South as buyers and businesses eye more affordable markets.
By Sean Barry • March 6, 2017 -
LG selects TN as home for new $250M factory
The electronics giant said the business climate and other positive factors led the company to build the facility in Clarksville, TN.
By Kim Slowey • March 6, 2017 -
Orlando preps for surge in large-scale hotel construction — despite demand uncertainty
The location of the hotels is a factor in developers' favor, as they will be near the city's busiest tourist area and the convention center.
By Kim Slowey • March 6, 2017 -
As consumer confidence hits cycle high, builders gear up for demand
The increase in optimism could be a boon to housing and remodeling activity in the coming months.
By Sean Barry • March 3, 2017 -
Redfin: Housing demand persists as inventory remains tight
The Redfin Housing Demand Index reached its highest level since the real-estate listing service began tracking the figure in January 2013.
By Sean Barry • March 3, 2017 -
For new-buyer affordability, West and Midwest states are best
Bankrate based its ranking on price, employment, inventory conditions, credit availability and millennial homeownership rates across the country.
By Sean Barry • March 3, 2017 -
ConstructConnect: January nonresidential starts slump 9%
The monthly decline was the result of severe winter weather, but it still fell in line with the typical December-to-January dip.
By Kim Slowey • March 2, 2017 -
CA leads list of 21 major markets in which half or more of residents rent
The 2015 figure is consistent with the previous year's number, but is up from 14 cities in 2012 as major metros face an oversupply of multifamily rentals.
By Sean Barry • March 2, 2017 -
Some millennials are moving to the suburbs — but many already live there
Young buyers are making headlines for looking beyond urban centers to find lower-cost housing close to employment, but a Zillow survey suggests the trend isn't new.
By Sean Barry • March 2, 2017 -
Taylor Morrison digs into the North TX housing market
The national builder said it plans to have five communities open and selling in Dallas-Fort Worth in the next year as it expands its presence in the state.
By Sean Barry • March 2, 2017 -
Occupants of larger homes more likely to say they'd downsize
Trulia asked 2,000 U.S. residents whether, if given the chance to move, they’d pick a home that’s smaller, larger or equivalent to their current residence.
By Sean Barry • March 2, 2017 -
Gilbane gears up to deliver TOD along DC Metro rail system
The transit-oriented project will connect residents with Washington, DC's public transportation network while offering more housing options in the northeast suburb.
By Sean Barry • March 2, 2017 -
Construction spending falls for second-straight month
The public sector's 9% drop weighed down overall spending figures in January, as residential saw 0.5% growth and nonresidential was unchanged.
By Mary Tyler March • March 1, 2017 -
Detroit and Honolulu are sticky cities, but for different reasons
Realtor.com ranks the top 10 housing markets in which residents have proven to be the most — and the least — likely to move.
By Sean Barry • March 1, 2017 -
Millennials, baby boomers to drive remodeling growth
Spending in the category should rise 2% annually through 2025, but growth ahead in homeownership will be weighted toward groups that spend less on home upgrades.
By Sean Barry • March 1, 2017 -
S&P/Case-Shiller: Home prices hit 30-month high in December
Tight inventory, below-average new-home sales and rising mortgage rates are contributing to the steady rise in prices, though a bust is unlikely.
By Sean Barry • March 1, 2017 -
How neighborhoods impact residents' ability to age in place
A report from the Washington, DC-based Population Reference Bureau found community upkeep positively impacts older residents' mental and physical health.
By Sean Barry • Feb. 28, 2017 -
As commutes lengthen, more Americans work from home
The shift is affording builders and remodelers the opportunity to add office space to their projects, in particular via finished basements and multipurpose rooms.
By Sean Barry • Feb. 28, 2017 -
Low supply pulls pending home sales down in January
Inventory shortages and price pressure reduced the volume of contract activity for the month to the lowest level in a year.
By Mary Tyler March • Feb. 27, 2017 -
NYC nonprofit developers to form affordable housing trust
The Joint Ownership Entity NYC is expected to roll out this spring and aims to own 3,000 affordable units across 50 projects.
By Sean Barry • Feb. 27, 2017 -
HousingWire: 3 factors holding back millennial homeownership
The headwinds keeping entry-level supply down compound other challenges facing millennials, such as student debt, limited savings and tight lending.
By Sean Barry • Feb. 27, 2017 -
Single-family rental investors grow their share of the housing market
By targeting entry-level properties, they are fueling a shortage of affordable for-sale inventory aimed at younger, first-time buyers who are struggling to gain a foothold.
By Sean Barry • Feb. 27, 2017 -
New-home sales rebound in January as demand solidifies
Despite the month-to-month volatility, the category rose 3.7% from December while inventory levels dipped slightly.
By Mary Tyler March • Feb. 24, 2017 -
NAR: Steady growth ahead for commercial real estate in 2017
The demand for office space in smaller markets will likely play a significant role in activity this year.
By Kim Slowey • Feb. 24, 2017
Previous
