By ERIN FLYNN JAY As the housing crunch continues throughout the country, some cities are planning for growth when it comes to building homes for average families. Mark Buskuhl, owner of Ninebird Properties, a Texas-based investment firm, said Dallas is one of the fastest-growing cities in the nation and has been a top destination for…
By KIMBERLEY HAAS Build-for-rent communities have been growing in popularity as the housing landscape changes in the United States. According to leaders at the National Association of Home Builders, developers are exploring new ways to meet continued housing demand and single-family build-for-rent properties provide a stepping stone between renting and buying for young families, as…
By KIMBERLEY HAAS As the commercial real estate market continues to change, office space is down, but not out, according to an economist who says a majority of companies are still committed to having a place where the “secret sauce” of their business is created. Richard Barkham, global chief economist for CBRE in Dallas, said…
Rents have been rising nationwide, squeezing Americans hoping to save for a down payment or to reduce debt. But a new analysis from the Bank of America Institute found that renters in the Sun Belt have felt the worst of it. Median rent payment growth in Sun Belt cities like Phoenix and Tampa outpaced Western…
By CHUCK GREEN Next time you run into someone in the local Starbucks who happens to have their home on the market, be a sport and plop an extra scone into their bag, huh? A little butter and jam, too? After all, sellers probably aren’t riding the wave of a sugar high induced by whatever…
By KIMBERLEY HAAS The CEO of an advanced analytics company says the latest version of their platform includes a new reporting tool that can help lenders and servicers navigate the current market. Augie Del Rio is the co-founder of Gallus Insights, headquartered in Chicago. They have satellite offices in Dallas and Buenos Aires, Argentina. Del…
By CHUCK GREEN Home sweet… multifamily home construction? If, well, the spare bedroom fits. And that it seems to do in light of a new report from Construction Coverage showing a spike in construction of multifamily homes in the U.S. With a jump in multifamily housing projects, home building in the U.S. catapulted to a nine-month high…
By DOUG OHLEMEIER Despite many employees working from home and companies adopting hybrid work models, investors are still attracted to the land of cubicles. While office suites aren’t as packed with workers as before the pandemic, the commercial market remains strong. “There is investor interest in office properties,” said Stephen Newbold, National Director in the…
By KIMBERLEY HAAS This Valentine’s Day, if your heart is broken because you keep falling in love with homes to lose them to other buyers, you are not alone. Cindy Flynn, Director of Corporate Services at Comey & Shepherd in Cincinnati, Ohio, said buyers in her market are currently submitting an average of eight offers…
Despite an uptick in job numbers and an increase in personal incomes, there is still uncertainty about how the latest Labor Statistics Report will impact the housing market. The latest jobs report from the U.S. Bureau of Labor Statistics shows payroll employment growth as 467,000 in January and an increase of job growth at 1.8 million in…
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