July real estate housing trends

Check out what’s clicking on FoxBusiness.com. The U.S. housing market is still not “buyer friendly” although, after a whirlwind year, it’s finally heading in that direction, according to industry experts.  According to Realtor.com chief economist Danielle Hale, the July housing market is still “demanding quick decisions and top dollar” from buyers.  However, Hale projects that

Venice Homeowners Fight Against Housing Homeless Residents

Cyclists pass homeless encampments along the bike path in the Venice Beach area of Los Angeles on Wednesday, July 7, 2021. Photo: Jim Ruymen/UPI/Shutterstock “The first thing I want to say is that there are hundreds and hundreds of people who live in Venice who support what we’re doing,” says Becky Dennison, executive director of

San Jose housing project draws second developer at mobile home site

SAN JOSE — Two veteran home builders will develop new residences on different sections of the current site of a huge San Jose mobile home park. Texas-based developer Hanover Co. will build hundreds of apartments and Georgia-based Pulte Homes will build hundreds of for-sale houses on the site of Winchester Ranch Mobile Home Park in

How did the housing market turn white-hot? It wasn’t just the pandemic

Even in the robust pre-pandemic economy, housing experts say there was trouble brewing that presaged the current boom in housing prices, with lower-income and first-time homebuyers in particular facing rising hurdles to homeownership. “One of the most prominent housing issues in pre-pandemic America was supply shortages,” said Matthew Murphy, executive director of the Furman Center

New residential developments underway answer New Bern housing demand

As the City of New Bern starts work on a redistricting plan, the Board of Aldermen looked at all of the residential developments currently under review or under construction at its June 29 meeting.  From 2012, New Bern’s last redistricting, to 2020 the City issued 1,794 housing permits, both single-family and multi-family. As the housing stock dwindled

U.S. Housing Gaps Widen as New Construction Booms

It might sound surprising — with sky-high home prices, lumber shortages, and bidding battles in seemingly every corner of the country — but the U.S. has been on a bit of a homebuilding tear. Single-family home starts topped the million mark last year, the first time that’s happened since 2007, and apartment construction is approaching levels

What are ‘whisper listings’ in real estate? Red-hot housing market has them on the rise

Realtor Sam DeBianchi gives an update on the ongoing ‘feeding frenzy’ in the housing market and explains how prospective buyers can still find inventory. America’s red-hot housing market shows no signs of cooling off with home prices rising by a record-breaking annual rate of 17.2% in March, according to the National Realtors Association.  As demand