Why House Prices Skyrocket And Why The New Biden Housing Plan Won’t Work

Forbes Real Estate 5/16 12:32P John Wake, Contributor

It doesn't take large increases in the demand for houses to outrun the naturally extremely slow increases in the total supply of houses, and when that happens, prices can skyrocket.

Historic Carriage House in Seattle Fetches 25% Over List Price in 2 Weeks

realtor.com® Real Estate News 5/16 11:30A Kristine Hansen

Realtor.com As further proof the Seattle real estate market is red hot, this completely restored carriage house found a buyer within days—and the offer was 25% over the asking price. Listed on April...

President Biden Plans To Bring Down Housing Costs, but Will He Be Successful?

realtor.com® Real Estate News 5/16 10:45A Clare Trapasso

Getty Images President Joe Biden has a new plan to fix the severe housing shortage that is plaguing America, leading to record-high home and rental prices. The fate of the nation s housing market...

6 Swanky Condo or HOA Amenities Buyers Swoon for but Rarely (or Never) Use

realtor.com® Real Estate News 5/16 10:15A Kimberly Dawn Neumann

Getty Images For people looking to buy a condo or a house that s part of a homeowners association , the promise of swanky amenities they provide can seem like a total score. Seriously, who wouldn t...

Raise a Glass! $1.25M Long Beach Bungalow Features a Private Irish Pub

realtor.com® Real Estate News 5/16 9:30A Kristine Hansen

Realtor.com From the exterior, this 1920 Craftsman bungalow in the historic Bluff Heights neighborhood of Long Beach, CA,  is charming with a capital C. On the market for $1,250,000, the home with an...

‘Home Town Kickstart’ Highlights Home Upgrades That Can Make a Whole Town a Better Place To Live

realtor.com® Real Estate News 5/16 8:30A Jillian Pretzel

HGTV The latest Home Town Kickstart takes us to La Grange, KY—where HGTV stars Alison Victoria (of Windy City Rehab ) and Joe Mazza ( Home Inspector Joe ) show how a few simple changes at home can...

They Signed Contracts for Their Dream Homes Last Year. Now Their Borrowing Costs Are Ballooning.

realtor.com® Real Estate News 5/16 8:00A Nicole Friedman

Getty Images People who agreed to buy homes under construction but haven’t yet closed are facing mortgage-interest rates that could be nearly double what they anticipated when they paid their...

Roloff Farms Property Agent Talks Selling The ‘Little People, Big World’ Setting

Forbes Real Estate 5/16 7:46A Spencer Elliott, Contributor

Real estate agents know that repping a famous client comes with its fair share of pros and cons—but when the property itself is a celebrity in its own right, that’s a whole other story.

Washboard Abs Versus Working Day And Night: What TV Does Not Tell Us About Real Estate Agents’ Work

Forbes Real Estate 5/16 7:20A Frederick Peters, Contributor

Residential real estate resembles many other careers in that, to put it in Biblical terms, many are called but few are chosen. And the chosen ones get to the top for a reason.

Communicate With Care

Forbes Real Estate 5/16 5:41A Joshua Stein, Contributor

In the discovery process, there’s no such thing as confidentiality.

Maybe We Don’t Have To Worry About Clogging The Equity Of Redemption

Forbes Real Estate 5/16 5:33A Joshua Stein, Contributor

Lawyers have agonized for years over whether the dual collateral structure “clogs” the mortgage borrower’s equity in its property, potentially making the dual collateral structure unenforceable.

Interior Designers Reveal Everything You Need To Know About The Cottagecore Trend

Forbes Real Estate 5/16 5:30A Amanda Lauren, Contributor

Cottagecore isn't just an aesthetic, it's a lifestyle.

Ground Lease Armageddon

Forbes Real Estate 5/16 5:20A Joshua Stein, Contributor

When an owner and a developer negotiate a ground lease for a development project, one of the most important issues they consider is the completion guaranty.

How Do You Say “Membership Interest” For An Equity Pledge?

Forbes Real Estate 5/16 4:51A Joshua Stein, Contributor

Pledges of LLC equity give borrowers more loan proceeds than ordinary mortgages would by themselves, though sometimes those extra proceeds are quite expensive.

Housing Has A Troubled Future

Forbes Real Estate 5/16 4:15A Milton Ezrati, Senior Contributo

Some Strength Remains, But Over Time, the Negatives Will Gain Force.