RealEstate

Austin: Soho House’s First Texas Outpost and 4 More New Hotspots to Check Out in Austin

Austin: Soho House’s First Texas Outpost and 4 More New Hotspots to Check Out in Austin

BY LAURIE BROOKINS | HollywoodReporter.Com Troy Warren for AustinNewsAndTalk.Com #RealEstate  Spurred by "so many of our members moving there," the private club just opened in the Texas capital. SOHO HOUSE The members-only social club known for drawing stars to its splashy locations in L.A., London and New York has chosen Austin for its first Texas outpost. Situated between downtown and South Austin, the club opened in June with amenities that include 46 hotel rooms, a rooftop pool (above), a screening room and restaurant. “It was an obvious city for us — so many of our members were moving there from the West…
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As Office Work Returns, the L.A. Apartment Market Is Expected to Heat Back Up

As Office Work Returns, the L.A. Apartment Market Is Expected to Heat Back Up

BY KIRSTEN CHUBA | HollywoodReporter.Com Troy Warren for CNT #RealEstate With entertainment employees who left town during the pandemic required back at offices in coming weeks, "it’s going to be a reversal of the downtrend we’ve seen." I felt like there wasn’t much reason to be in a city if I couldn’t leave my apartment and go to work,” says Sean Campbell, an assistant at talent and literary agency Verve, who went to visit his family in Novato, California, during the pandemic and ended up staying, trading in Los Angeles cityscapes for mountain biking and access to nature. And he’s not alone.…
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Austin: How Austin Has Undergone a Pandemic Influx From Hollywood: “Growth on a Turbocharger”

Austin: How Austin Has Undergone a Pandemic Influx From Hollywood: “Growth on a Turbocharger”

BY JAMES HIBBERD | HollywoodReporter.Com Troy Warren for AustinNewsAndTalk.Com  As stars like Stephen Amell and Zachary Levi flock to the Texas capital, median home prices have risen a stunning 43 percent in one year in the "cool," "friendly" city: "I've just been waiting for the secret to get out," says Matthew McConaughey. “It’s absolutely insane,” marvels Jared Padalecki. “It’s like nothing I’ve ever seen. It’s growth and expansion on a turbocharger. You’re just going like … whoa.” That the Walker actor might struggle a bit to express the seismic changes to Austin over the past year is perfectly understandable. The Texas capital has undergone…
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Why condos caught on in America

Why condos caught on in America

By Matthew Gordon Lasner, Hunter College Troy Warren for CNT #homegarden #realestate (THE CONVERSATION) The tragic collapse of Champlain Towers South in Surfside, Florida, on June 24, 2021, made millions of Americans focus for the first time on the risks of high-rise construction and oceanfront living. Many also became more aware of the pitfalls of condominiums and other forms of co-ownership in which each unit in a multifamily building or other kind of housing complex is individually owned, while the structure itself is owned, and managed, collectively. As I explain in my book “High Life,” however, there are many benefits to…
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Black Realtor, client handcuffed during showing at home for sale

Black Realtor, client handcuffed during showing at home for sale

By ArLuther Lee, The Atlanta Journal-Constitution Troy Warren for CNT Neighbor called 911; police department denies racial profiling A Michigan Realtor and his client were briefly placed in handcuffs Sunday during a showing at a home for sale where a neighbor called police to report a break-in. Officers from Wyoming Police Department, just south of Grand Rapids, immediately freed the men — both of whom are Black — after realizing the mix-up. But Realtor Eric Brown and prospective homebuyer Roy Thorne came away from the experience believing they had been racially profiled. Brown first noticed a large gathering of police outside…
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Housing Market Update: Pending Sales Post Smallest Increase in Over a Year

Housing Market Update: Pending Sales Post Smallest Increase in Over a Year

by Rachel Musiker | Redfin.Com Troy Warren for CNT   Home-selling speed and competition have passed their record-high peaks, meaning the market is starting to feel slightly more welcoming to buyers. But most homes still sell within two weeks and for more than list price. Most signs point to a cooling housing market. Pending home sales posted their smallest year-over-year increase (7%) since late June 2020. The supply of homes for sale continued to plateau as the number of newly listed homes for sale followed its slow seasonal decline.  Home sale prices–a lagging indicator and a notable exception to the cooling…
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Experts say you shouldn’t rush to buy a home this year — here’s why

Experts say you shouldn’t rush to buy a home this year — here’s why

By Kiersten Willis, The Atlanta Journal-Constitution Troy Warren for CNT Those in the market for a home are aware that the country is still in a seller’s market. That means that demand for housing is exceeding availability. Additionally, housing prices are continuing to climb, including in metro Atlanta. Insider spoke to several economists about the housing outlook. They said increased prices will continue through 2021 and into 2022. The reason? Millennials are looking for homes, meaning demand will remain high. Economists say it will likely be difficult for the construction industry to keep pace. The best-case scenario, according to Housing Wire lead analyst…
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Here’s where you should buy a Georgia vacation home, per Evolve

Here’s where you should buy a Georgia vacation home, per Evolve

By Kiersten Willis, The Atlanta Journal-Constitution Troy Warren for CNT You can buy a vacation home just about anywhere, but some places are better than others. Georgians hoping to have a home away from home can do just that in Blue Ridge. The mountain town landed among the best places to buy a vacation rental in 2021, according to Evolve. It’s No. 2. The website selected the best places for a vacation property by focusing on three metrics. They reviewed national vacation rental performance metrics, Zillow’s 2020 median home value and estimated the annual expenses to run a vacation rental. In doing…
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Housing Market Update: Low Mortgage Rates Buoy Prices as Competition Eases

Housing Market Update: Low Mortgage Rates Buoy Prices as Competition Eases

by Tim Ellis | RedFin.Com Troy Warren for CNT Home prices are still up 20% from a year ago even as fewer homes sell and the ones that do are sitting on the market longer and selling for less of a premium above list price. Like a slow turning ship, the housing market’s supply side is gradually gaining momentum as homes for sale begin to pile and pending sales continue a steady and seasonal decline. As both of these trends continue in the weeks ahead, prices will stop rising as rapidly as they have been and an increasing number of homes…
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These Are the Best Real Estate Markets for Avoiding Bidding Wars

These Are the Best Real Estate Markets for Avoiding Bidding Wars

By Meena Thiruvengadam | BHG.Com Troy Warren for CNT In the 2021 housing market, real estate has become so competitive that bidding wars and cash offers are commonplace. Here are the areas in the U.S. where you can still find an affordable home. It's no secret that real estate has become extremely competitive in many areas of the United States. Bidding wars, cash offers, and personal pleas of all kinds have become parts of the housing market as much as saving for a down payment, finding a lender, and signing piles of paperwork. But there are still a few places in the U.S. where…
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