ADUs

U.S. Real Estate News Recap: April 2021

Here’s a quick digest of what happened in U.S. real estate last month:

+ Many older millennials are burdened by housing costs, and it could keep them from reaching other financial goals.

+ What are the secret economic forces fueling the housing shortage? Inman’s Jim Dalyrymple II says increasingly expensive building supplies (think lumber, steel, and even paint) are driving up the cost of housing. Meanwhile, institutional investors are gobbling up to 20-30% of homes for sale, which is affecting inventory.

+ As ADUs or “granny flats” continue to grow in popularity, here are 4 hidden costs of accessory dwelling units that you should plan for.

+ Looking to sell soon? Find out the one thing you should never do to your yard before selling your house. Bonus: it’ll save you some cash!

 

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U.S. Real Estate News Recap: January 2021

Here’s a quick digest of what happened in U.S. real estate last month:

+ Colorado placed in the top 10 states people moved to during 2020, as ranked by U-Haul’s report of 1-way moves.

+ Pros predict that some of the next renovation trends will include a move away from open-concept living, a focus on outdoor space, and a rise in ADUs.

+ Whether you’re buying, selling, or staying put, Dave Ramsey offers his take on how the housing market will shake out in 2021.

 

Have questions about what’s happening in real estate in your neighborhood? Let’s chat!

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U.S. Real Estate News Recap: August 2020

+ Think it’s cheaper in the ‘burbs? New interest from city dwellers is raising home prices in rural areas.

+ Looking for additional income or a place for family to stay long-term? COVID sparks renewed interest in ADUs.

+ Real estate markets defy the norms as homes are selling unseasonably fast.

+ Airbnb CEO Brian Chesky thinks international travel will never be the same. How have domestic vacation rentals fared?

+ Covid is reshaping what buyers prioritize in their home search. Here are 6 things buyers are now looking for in their next place.