By KIMBERLEY HAAS Companies that use 3D printing technology can revolutionize how homes are built in America, according to the COO of ICON. Graeme Waitzkin spoke about using 3D printing in construction during the National Association of Real Estate Editors conference in Austin, Texas. Participants had the chance to visit ICON’s House Zero on June…
Photo courtesy of NAREE. By KIMBERLEY HAAS Economists tracking the housing market say it’s still a game of wait and see as mortgage rates and other affordability factors weigh heavily on potential buyers and sellers. Lawrence Yun, chief economist at the National Association of Realtors, said he thought the housing market would recover this year,…
By KIMBERLEY HAAS Advances in artificial intelligence and other technologies are changing the game for homebuyers and real estate professionals. Ondrej Linda, a director leading Zillow’s Discovery AI team, said because of advancements in technology consumers today have a better understanding of what is on the market and they can be better matched with a…
Photo: Coastal flooding during storms is an ongoing issue that will continue to impact properties in towns such as Hampton, New Hampshire. By KIMBERLEY HAAS The economic impact of climate change was the opening topic of discussion at the National Association of Real Estate Editors conference on Tuesday. John Rogers, chief innovation officer at CoreLogic,…
New York City and Chicago are primed for severe home price declines if the market turns down. That’s according to ATTOM’s latest Special Housing Risk Report, which highlights county-level housing markets that are primed for declines based on factors like affordability, foreclosures, and underwater mortgages. In Q1 2024, California, New Jersey, and Illinois had the…
The South has lost its sparkle for American movers in the post-pandemic world, but that could change as the region doubles down on producing affordable inventory. More than half of all available inventory in April 2024 was concentrated in Southern states, according to an analysis by Realtor.com. They also boasted the most new listings at…
“Million-Dollar Cities” took even more share in the U.S. as inventory keeps home prices moving up. There are 550 cities where the typical home value is $1 million or more, up from 491 last year, according to a new Zillow report. Home prices were depressed some last year as Americans adjusted to rising rates but…
By CHUCK GREEN In upcoming decades, U.S. homeowners in areas along coastlines could be up the proverbial creek. Sea level rise, along with changing storm patterns, could result in flooding that severely damages homes in many coastal areas. Especially vulnerable, according to estimates, are the Gulf of Mexico, Florida, the Carolinas, and the Washington, DC,…
The number of underwater homes in the U.S. dropped in Q4 2023 as home prices continued soaring, adding to the property wealth of American homeowners. Equity rose by approximately $24,000 YOY for the average borrower, according to new data from CoreLogic. A home is underwater if it has negative equity – that is, if it’s…
Location influenced interstate migration after the pandemic, but price moved people the most. According to a new report from LendingTree, the states that netted the most new residents from 2021 to 2022 were cheaper Southern states. Florida and Texas led the pack, netting 249,000 and 174,000 new residents, respectively. “Florida is an often affordable state…
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