Real Estate Market

Boston Getting a 61-Story Addition to its Skyline
Signaling Boston's new role in the global real estate market, a new $750 million high-rise began construction this week.
New York's Luxury Condo Market Suddenly Struggling
New York City's luxury housing market has, rather suddenly, hit the brakes. Crain's New York Business surveys the landscape.
Boomers Drive Home Sales; Millennials Still on the Sidelines
Bloomberg produced an article describing what it sees as the dominant narrative of the for-sale housing market as the country slowly emerges from the recession and adjusts to its new demographic realities.
2015: Year of the First-Time Homebuyer
New data released by online real estate marketplace Zillow suggests that 2015 will be a breakthrough year for first-time homebuyers.

Report: Transit Oriented Development Leads the Market in Major Metros
A report released last week by Cushman & Wakefield has won a lot of attention from media outlets covering large-scale development market trends. Among the report's findings: growing cities need to better support transit-oriented development.
The 'Redacted Landscape' of the Las Vegas Fringe
Bldg Blog shares news of photographer Michael Light's new book "Black Mountain," which documents the "the construction and large-scale terrestrial formatting of a new housing development called Lake Las Vegas."
Evictions Increase as Renters Struggle to Compete
Shaila Dewan details the increasing rates at which renters all over the country forced from their homes by eviction.
Good News? Housing Prices Now Rising at a Less Meteoric Pace
Neil Irwin takes an optimist's view toward recent data that show a slowing rate of increase for the price of housing in many parts of the country: "the new data offer hints that a disastrous era for housing may be ending."
Cash Buyers are Dominating the Real Estate Market
Kriston Capps shares news of a report by RealtyTrac.com showing just how much, and where, cash homebuyers are blocking the middle class from homeownership.
Real Estate Woes Hemorrhaging Wealth from the Middle Class
An article on the Washington Post Wonkblog shows how deeply the real estate crash impacted the wealth of the Middle Class—now on the tail end of three lost decades.
New 'Gold Rush' in Pittsburgh: Luxury Housing
Alina Dizik details what it takes to find a luxury home in the evolving Pittsburgh real estate market.

Proliferation of 'Pop-Ups' Irks Washington D.C. Neighborhoods
Washington D.C. is experiencing a "rush" on new construction of renovated townhouses or "pop-ups," which many say do not fit the character of the neighborhoods where they tend to proliferate.
Houston's Home Sales Juggernaut Slows—Lack of Supply Blamed
New data from the Houston Association of Realtors shows the end of an "unrelenting string of positive monthly home sales data." According to the Houston Chronicle, the group "attributed the decline to this area’s lack of housing inventory."

The New Retirement Community Paradigm
After postponing home purchases during the recession, people over the age of 55 have been the first group to return to the home buying market.
Foreign Investors Driving Up Housing Costs, Creating Zombie Communities
A slew of analysis in recent weeks has examined the negative consequences of foreign real estate speculation in cities like New York City, London, and Vancouver.

House Flipping Less Common—Is that a Good Sign?
A new report finds that "house flipping"—one of the more conspicuous signifiers of the last real estate boom—has slowed on average in recent months. Does that mean the residential market has found a sane balance?
Optimism Indicator: Record Number of Building Permits in Philadelphia
Observers of Philadelphia’s economic and social situation can celebrate, and worry, given recent data on issues like poverty, crime, and the job market. One bright spot, however, is 2013's record number of building permits.
Breaking Down Housing Affordability for Teachers
As coastal real estate markets—especially in California—grow more expensive, it’s harder for teachers to afford a home. A recent article breaks down the affordability of homes for teachers around the country.
Charlotte’s Growth Raises Transit and Housing Questions
A pair of recent articles examine the political and financing situation around transit (e.g., streetcar and light rail) and housing (i.e., a rental development boom) in Charlotte, which has paced the nation in growth over the past decade.
Boston’s Micro-Apartment Experiment Continues
Boston, like other cities around the country, suffers from a housing shortage. Initial micro-apartment developments met plenty of demand, but whether the model is a panacea for the city’s housing shortage is still in question.
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