Real Estate News

Traditional Downtowns Are Dead Or Dying In Many U.S. Cities − What’s Next For These Zones?

Published by Nikki Palmer on Thu, 09/28/2023 - 4:00am

The hollowing out of U.S. cities’ office and commercial cores is a national trend with serious consequences for millions of Americans. As more people have stayed home following the COVID-19 pandemic, foot traffic has fallen. Major retail chains are closing stores, and even prestigious properties are having a hard time retaining tenants.

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Trade Labor Shortage Frustrates Homeowners

Published by Nikki Palmer on Thu, 09/28/2023 - 3:00am

Skilled trades employers posted over 200,000 job openings in April 2023.

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Policymakers Can Expand Access To Lower-Cost Housing With Manufactured Homes

Published by Nikki Palmer on Thu, 09/21/2023 - 5:00am

Most renters in the United States say they would like to own their own homes, but with a limited supply of entry-level or affordable options available, many find it difficult to buy. Making it easier to buy manufactured homes could be part of the solution for first-time homebuyers and middle- or lower- income families that may not have enough savings for a down payment or the income to afford such an expensive purchase.

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Massachusetts Has A Huge Waitlist For State-Funded Housing. So Why Are 2,300 Units Vacant?

Published by Nikki Palmer on Thu, 09/21/2023 - 4:00am

Deb Libby is running out of time to find a place to live.

Libby, 56, moved to Worcester, Massachusetts, four years ago, in part to be closer to the doctors treating her for pancreatic cancer. She rented an apartment — a converted garage — and spruced it up, patching the walls and repainting all the rooms.

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What Are ‘Mule Addresses’? Criminologists Explain How Vacant Properties Serve As Depots For Illegal Online Purchases

Published by Nikki Palmer on Thu, 09/21/2023 - 3:00am

Online shopping isn’t just a convenient way to buy batteries, diapers, computers and other stuff without going to a brick-and-mortar store.

Many Americans also use the internet to quietly acquire illegal, fake and stolen items. Guns, prescription drugs no doctor has ordered and checks are on this long list, as well as cloned credit cards, counterfeit passports and phony driver’s licenses.

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City Planners Consider Shrinking Lot Sizes To Make Housing More Affordable

Published by admin on Thu, 09/14/2023 - 8:01am

Reducing lot sizes can allow cities to construct more affordable housing such as row houses, townhomes and multiplexes.
(Haveseen / Shutterstock)

American homebuyers watch their buying power dwindle as interest rates continue to increase. But public officials in cities like Austin, Texas, are tackling the affordability crisis by letting developers build houses on smaller lots. Will other cities follow suit?

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Silicon Valley Investors Want To Create A New City – Is ‘California Forever’ A Utopian Dream Or Just Smart Business?

Published by admin on Thu, 09/14/2023 - 7:54am

He was, said George Bernard Shaw, “one of those heroic simpletons who do big things whilst our prominent worldlings are explaining why they are Utopian and impossible”.

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Protesters Of Lincoln Development Ask Judge To Dismiss Misdemeanor Charges

Published by admin on Thu, 09/14/2023 - 7:52am

LINCOLN — Four protesters charged with blocking construction equipment from a Lincoln housing development near a sweat lodge ceremonial site asked a judge Friday to dismiss charges against them.

One of the protesters’ main arguments: They contend they can’t be found guilty of obstructing a public roadway because the road had been closed off to public access at the time they were cited.

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Is A Recession Coming? Real Estate Will Outperform Other Assets

Published by admin on Thu, 09/07/2023 - 5:00am

Americans are apprehensive about the last quarter of 2023, 68% of them fearing a recession is on the rise.

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Heritage Algorithms Combine The Rigors Of Science With The Infinite Possibilities Of Art And Design

Published by admin on Thu, 09/07/2023 - 4:01am

$Artist AbdulAlim U-K (Aikin Karr) combines the fractal structure of traditional African architecture with emerging technologies in computer graphics. (AbdulAlim U-K)$

The model of democracy in the 1920s is sometimes called “the melting pot” – the dissolution of different cultures into an American soup. An update for the 2020s might be “open source,” where cultural mixing, sharing and collaborating can build bridges between people rather than create divides.