Nonfarm payroll employment increased 850,000 last month, the biggest jump since August 2020, according to the Bureau of Labor Statistics. Reportedly, residential specialty trade contractors increased by 13,000, however employment…
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Newsletter:
The push for more ADUs in the U.S.
As housing affordability and supply continue to dominate headlines, many forward-thinking experts and municipalities have turned their attention to enabling densification through accessory dwelling units (ADUs). The National Association of…
How zoning affects housing supply
In a recent Zillow Research article, a panel of housing experts discussed the supply shortage in the U.S. Their findings? Source: Zillow In a March report, Moody’s Analytics reported that the…
The wealthy and luxury real estate update Q2 2021
A new Redfin report shows that the purchase of high-end homes increased 26% over a three-month period ending April 30. This is compared to a 15% increase during the same…
City rents are stabilizing [April 2021 rent data]
Zumper released its monthly rent data last week for May, including some interesting takeaways for real estate investors involved in the major urban metros of NYC and San Francisco. Rent…
NFTs and real estate: A primer
Non-fungible tokens (NFTs) are data stored on the blockchain, certifying the ownership and uniqueness of a digital asset. NFTs are used to certify photos, digital art, audio, video, and more,…
A return to the big cities in 2021?
As mass vaccinations roll out, the exodus from expensive real estate markets like New York City appears to be reversing. According to a new white paper from Uncast, combined January…
Summer 2021: Red hot housing prices
We are getting new data on just how hot real estate prices are across the country. Ben Winck and Libertina Brandt of Business Insider open up this week with expert…
The housing market is looking a lot like 2006: Are we in bubble territory?
Home sales are going bonkers in most of the country. According to new data, new single-family home (SFH) sales in March increased 20% from February, and 66% from March 2020.…