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Home » Real Estate News

Real Estate News

We Found That Landlords Could Be Using Algorithms To Fix Rent Prices. Now Lawmakers Want To Make The Practice Illegal.

Published by josie@omahadail... on Wed, 02/07/2024 - 8:45am

Powerful interests, including a real estate tech company and private equity firms, are contributing to soaring rents.

A group of senators are set to introduce legislation Tuesday that would make it illegal for landlords to use algorithms to artificially inflate the price of rent or reduce the supply of housing.

  • Read more about We Found That Landlords Could Be Using Algorithms To Fix Rent Prices. Now Lawmakers Want To Make The Practice Illegal.

Homes, Urban Farm Stand At Site Of Proposed Omaha Business Park Buoyed By $90M In State Funds

Published by josie@omahadail... on Mon, 02/05/2024 - 11:06am

OMAHA — The boulder under Lori and David Johnson’s tree holds special meaning. So does the tipi, rose garden, and 20-foot-long bench in the couple’s northeast Omaha yard.

  • Read more about Homes, Urban Farm Stand At Site Of Proposed Omaha Business Park Buoyed By $90M In State Funds

1 In 3 Millennials Delay Home Buying As Interest Rates Rise

Published by josie@omahadail... on Mon, 02/05/2024 - 11:00am

Most millennials are prepared to take drastic measures to buy a home, with 65% saying they would pay up to a 10% mortgage rate and 23% admitting they would buy at 15% or more, according to a new study from Clever Real Estate.

  • Read more about 1 In 3 Millennials Delay Home Buying As Interest Rates Rise

Facing Tight Budgets And Rising Costs, Agency Plans To Overhaul Omaha’s Aging Public Housing

Published by jason@omahadail... on Thu, 01/18/2024 - 5:00am
Snow falls on an abandoned apartment building that previously made up part of the Spencer Homes public housing development. (Jeremy Turley / Flatwater Free Press)

The rows of red brick buildings wedged between Spencer and Bristol streets once represented North Omaha’s best attempt at tackling a post-war housing crunch. Now abandoned, gutted and graffitied, they await the wrecking ball.

  • Read more about Facing Tight Budgets And Rising Costs, Agency Plans To Overhaul Omaha’s Aging Public Housing

How To Prevent America’s Aging Buildings From Collapsing — Four High-Profile Disasters Send A Warning

Published by jason@omahadail... on Thu, 01/18/2024 - 3:00am

Four recent catastrophic building collapses and a near miss are raising concerns about the state of America’s aging buildings and questions about who, if anyone, is checking their safety.

  • Read more about How To Prevent America’s Aging Buildings From Collapsing — Four High-Profile Disasters Send A Warning

Lower Mortgage Rates Prompt Home Owners To List Properties, But Housing Supply Remains Constrained

Published by jason@omahadail... on Thu, 01/18/2024 - 2:00am

LOS ANGELES (AP) — The recent pullback in mortgage rates is spurring more homeowners to put their homes up for sale, though the increases so far have been too modest to return the housing market's inventory of available properties back to pre-pandemic levels.

  • Read more about Lower Mortgage Rates Prompt Home Owners To List Properties, But Housing Supply Remains Constrained

Gov. Pillen Seeks 40% Reduction In Local Property Taxes But Offers Few Details On How To Do It

Published by jason@omahadail... on Thu, 01/11/2024 - 5:00am

LINCOLN — Gov. Jim Pillen laid out an ambitious goal Monday of reducing local property taxes by 40% while providing few details on how the state would do that.

  • Read more about Gov. Pillen Seeks 40% Reduction In Local Property Taxes But Offers Few Details On How To Do It

The US Invented Shopping Malls, But China Is Writing Their Next Chapter

Published by jason@omahadail... on Thu, 01/11/2024 - 3:00am

On a recent research trip to China, I wandered through the Oasis Mall in suburban Shanghai. Like many Chinese shopping centers, this complex was filled with empty stores that reflected the end of China’s 30-year-long economic expansion. But there also were surprises.

  • Read more about The US Invented Shopping Malls, But China Is Writing Their Next Chapter

'Peach Fuzz' Has Been Dubbed The Color Of The Year. What Does That Have To Do With Your Garden?

Published by jason@omahadail... on Thu, 01/11/2024 - 2:00am

What does it mean for gardeners that the Pantone Institute has declared "Peach Fuzz" to be the color of the year for 2024? A plethora of peachy plants at the nursery, that's what. The Pantone Color Institute has been governing worldwide color trends since 2000. Its color-of-the-year selections lead designers of clothing, decor, paints and more to come up with items in those trendy tones.

  • Read more about 'Peach Fuzz' Has Been Dubbed The Color Of The Year. What Does That Have To Do With Your Garden?

Is Airbnb To Blame For Housing Affordability?

Published by jason@omahadail... on Thu, 01/04/2024 - 10:56pm

The rise of Airbnb — hitting $1.8 to $2.5 billion in profit in the first half of 2023 — and similar short-term rental (STR) platforms sparked a significant debate over their impact on housing affordability. Urban centers worldwide face escalating rental prices and a shrinking pool of affordable housing. Consequently, these platforms face increasing scrutiny for their role in this crisis.

  • Read more about Is Airbnb To Blame For Housing Affordability?
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