How Tax Cut Will Affect US Housing Market: Zillow

A report released this week by Zillow, a real estate and rental marketplace, estimates that homeowners and renters will pump $13.2 billion in tax savings directly into the American housing market this year by using a portion of their tax cut to rent or buy a bigger house. Not only that, they will spend nearly twice as much on home renovations, Zillow said. READ MORE Source: Think Advisor

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Infographic: Timing May Be Right to Diversify Real Estate Portfolios

The hotel and multifamily housing markets have experienced positive growth in recent years, spurring real estate investors to jump at the opportunity. With these markets showing signs of slowing, savvy investors may be looking for alternatives to diversify their real estate portfolios. One such opportunity is developing communities that appeal to the under served 55+ age demographic before large builders capitalize on the market. READ MORE Source: Epcon Franchising

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Weyerhaeuser Worth Buying on Solidifying US Housing Market

Weyerhaeuser Company (WY – Free Report) is a solid choice for investors, seeking exposure in the building-products industry. Growing global economy and strengthening housing market in the United States are currently the prime drivers for the stock. Internally, sound capital-allocation policies like dividend payments, share buybacks, investment in acquisition and others are boon for the company. The stock, with roughly $27.5 billion market capitalization, was upgraded to a Zacks Rank #1 (Strong Buy) on May 18. READ MORE Source: Zacks

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Surprise! NYC remains most expensive place to build in world:

Though construction spending cooled slightly last year, New York City remains the most expensive place to build in the world with an average cost of $362 per square foot. That’s a 3.5 percent year-over-year increase, and another 3.5 percent hike is expected in 2018, according to Turner & Townsend’s 2018 International Construction Market Survey. READ MORE Source: The Real Deal

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Cryptocurrency and the State of the US Housing Market

The U.S. housing market is closely tied to the economic health of the nation. Perhaps no historic incident illustrated this vital tie better than the 2008 financial crash when the nation’s subprime mortgage crisis triggered a financial meltdown across the entire economy. Ten years later, has the housing market recovered? Figures such as Trulia Chief Economist Ralph McLaughlin argue that the answer is complicated: while in some areas prices have improved, true recovery might take until 2025. READ MORE Source: Coin Idol

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Surging Prices, Rates Test Demand US Housing Market

Fear of missing out may persuade Americans with an eye on buying a home to hurry their decision before it gets more expensive. But while demand shows few signs of teetering, jumps in both property values and borrowing costs will test the market’s durability. Home sales are now hovering near expansion highs, though momentum has been kept in check by lean inventory that’s fueling an acceleration in prices. READ MORE Source: Bloomberg

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Surging Prices, Rates Test Demand US Housing Market

Fear of missing out may persuade Americans with an eye on buying a home to hurry their decision before it gets more expensive. But while demand shows few signs of teetering, jumps in both property values and borrowing costs will test the market’s durability. Home sales are now hovering near expansion highs, though momentum has been kept in check by lean inventory that’s fueling an acceleration in prices. READ MORE Source: Bloomberg

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Alternative Photovoltaic Systems for the Houses of the Future

Renewable energy recently got an unprecedented boost. On May 9, the California Energy Commission (CEC) voted unanimously to require all new homes to be solar-powered. Effective Jan. 1, 2020, the mandate will necessitate the provision of photovoltaic systems that provide 2 to 3 kilowatts of energy, depending on house size. This requirement’s modest size, about one-third to half that of a typical solar array, is presumably intended to control costs. READ  MORE Source: Architect

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Sustainable, affordable housing sprouts in Newburyport

In a toxic wasteland, David Hall envisioned promise and progress. City and state officials celebrated the groundbreaking Friday morning of Hillside Center for Sustainable Living, a first-of-its-kind urban agriculture-focused, solar-powered community, in an effort to combine an energy efficient lifestyle with affordable housing — something the city has been desperately seeking. Initiated and developed by Hall, the president of Hall and Moskow Corp., Hillside Center for Sustainable Living is a concept that fuses green living and low market prices for Newburyport residents. READ MORE Source: Newburyport News

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Design trends to try in every room

Sometimes, moving the furniture around isn’t enough. We need something new and inspiring — something we can fall in love with. And, sometimes the latest color and style trends are the answer. Here’s a room-by-room look at some of the most irresistible current trends — and how you can incorporate them into your own home design. READ MORE Source: WV News

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