For years, the size of the average U.S. house has grown. But a story by Stephen Gandel on CNNMoney.com, which you can read here, says that a combination of rising fuel costs, an aging population and a growing environmental movement may result in the opposite: Our average homes may soon be getting smaller.
There are a lot of reasons to move to Las Vegas. If you’re looking to invest in residential real estate, though, you’d best stay away.
According to the National Association of Home Builders, home remodeling work remained steady in the first quarter of this year.
Why has our country become so cold-hearted? Isn’t it a fair tradeoff to help some who are undeserving if we can prevent hard-working families — at least some of them — to avoid losing their homes?
Take a look at this story in the Wall Street Journal’s online edition. Written by June Fletcher, it says that, according to economists gathered at the spring construction forecast held by the National Association of Home Builders, the housing market won’t show signs of improvement until early next spring, at the earliest.
Construction crews there are now building the world’s most expensive and largest home. Mukesh and Nita Ambani expect early next year to move into the 27-story skyscraper. The project is expected to cost $2 billion.
A new study by Washington, D.C.-based First Focus, a children’s advocacy group, puts some frightening numbers to the foreclosure and subprime mortgage-lending crises. According to the study, which you can read about here, an estimated 2 million U.S. children will be directly impacted as their families lose their homes to foreclosure.
Ever hear of James Howard Kunstler? If you live in the suburbs, especially those located a long commute from any major city, he has something to say to you: Your lifestyle is on the way out.
Recently, though, the Times wrote a funny little story about the terraces outside those towering apartment buildings dotting the city. Seems some people love their terraces, while others … don’t.
How common are housing foreclosures becoming? According to RealtyTrac, an online publisher of foreclosure data, one in every 194 U.S. households received a foreclosure filing during the first quarter of the year.
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Written by Dan Rafter [email] for b5media.
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