Here is an interview with John Burns regarding demographics and the future of housing. One example: the homeownership rate will continue to fall:
The Future
Living in a Storage Locker
This video has been viewed 500,000+ times in one day! Thanks daytrip! If you've got a small space, you'll probably find some ingenious way to fit more stuff than should be possible. Necessity, as they say, is the mother of invention. But whatever your space-saving...
Shipping Containers for Housing
A quick search online found several shipping containers available for sale for less than $2,000. Couldn’t a contractor make this his specialty, and produce customized granny flats? House the homeless? Create a commune in the desert?
Climate Change and Real Estate
This comes from the nytimes.com, not me: http://www.nytimes.com/2016/11/24/science/global-warming-coastal-real-estate.html MIAMI — Real estate agents looking to sell coastal properties usually focus on one thing: how close the home is to the water’s edge. But buyers...
Tiny Houses
Thanks daytrip! http://www.kiplinger.com/slideshow/retirement/T010-S001-great-tiny-homes-for-retirees/index.html For retirees looking to undergo extreme downsizing, a tiny home might be the answer. The average tiny home measures 186 square feet. That's a fraction of...
The Bubble
This is hilarious, and probably not far off. H/T Mark!
Walkable
Being walkable - living close to services - is a hot button for buyers these days, especially among the older set. Here's an article that backs it up - and may cause you re-think the McMansion in the 'burbs. Thanks daytrip! Few people in America walk to work. Most...
8,000,000 Millionaires in U.S.
Here's how we got here, and why it will probably continue - H/T daytrip! http://www.bloomberg.com/news/articles/2016-11-21/cheer-up-america-1-700-millionaires-are-minted-every-day The U.S. is home to a working class suffering from stagnant incomes and declining job...
Floating Homes
More on new housing alternatives, primarily suited for the younger folks: Argh, matey! A new trend in housing is afloat in Denmark, with college students from Copenhagen solving their cash-strapped housing woes with a series of floating apartments. The...
The Zillow March Continues…
The reason the talks broke down between Zillow and our local Sandicor MLS is because Zillow wants to keep and own the data we provide. The board members turned them down, but Zillow has made deals with most brokerages independently, which probably include them keeping...