Homeowners Caught in Affordability squeeze, are staying put.

California’s housing inventory is being squeezed even more by potential sellers who are deciding to stay put due to unavailability of affordable replacement homes. A survey conducted by the California Association of Realtors found that of the homeowners who had considered selling their current homes, 64 percent have wavered on disposing of their current homes…

Comments Off on Homeowners Caught in Affordability squeeze, are staying put.

This year’s busiest home-building markets favor apartments

Information recently made available by the Commerce Department indicates that rental properties are being built is significantly greater numbers than single-family dwellings in the 10 busiest markets for home construction in the U.S. As a result of more than half of new housing being in the form of apartments, condominiums and similar structures, the U.S.…

Comments Off on This year’s busiest home-building markets favor apartments