1.Best cities for Millennial homebuyers
“About 110 people are moving to Austin every day — and many of them are under the age of 35.”
2.Real Estate Oversupply Becoming Bigger Problem For China
“If you build it they will come. Eventually. That’s been the mantra of Chinese real estate developers and their lenders who have been throwing them buckets filled with yuan for the past several years. Now, an oversupply problem in second and third tier cities promises to derail the economy by as much as one percentage point, the International Monetary Fund has warned.”
3.Why Is the Economy Still Weak? Blame These Five Sectors
“The economy keeps underperforming. Yes, new G.D.P. data last week were better than expected. But the United States is still producing around $800 billion a year less in goods and services than it would if the economy were at full health, and as a result millions of people aren’t working who would be if conditions were better.”
4.What’s behind homeownership drop
“CNBC’s Diana Olick reports homeownership just keeps falling, and younger Americans are behind the drop. ”
5.Adding 7+ million renter households over the last decade: Number of homeowners neutral over last 10 years. The shifting purchasing power of American households
“The low turnover in housing is having some organizations changing their tune regarding the current boom in home values. After all, places like the National Association of Realtors (NAR) will be better off with higher sales volume and lower prices versus very low sales volume and higher prices. As we see investors pulling back, the already low volume is dropping even further in what is typically the house lustful months of the summer.”
6.Five Trends That Make Your Home Smaller Every Year
“The longer you live in your home, the smaller it gets – that’s physics. This article will reveal 5 home-shrinking trends and how to reverse them.”