Articles by tag: housing market
The U.S. housing market, marked by a series of ebbs and flows, is currently experiencing a modest recovery. According to the latest S&P CoreLogic Case-Shiller US National Home Price Index, home prices, which rose by 0.4% in March 2023, are being nudged upwards by a scarcity of inventory, as fewer homes are listed for…
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Zillow’s Not a Real Estate Agent. Don’t Rely On It To Find Your Home Valuation
In the dynamic landscape of real estate, home valuation is a delicate process requiring not just data, but a deep understanding of unique property features and market trends. Platforms like Zillow offer a numerical estimate based on comps or square footage but can fail to capture the essence of a home, from interior renovations…
Architecture & Design
‘The Airbnb Effect’ on America’s Housing Market
As the United States faces a housing shortage (according to research published by Freddie Mac, the shortage of housing units stood at 3.8 million by the end of 2020), locals are pointing accusatory fingers towards ‘the Airbnb effect’ on the housing market. Research published in the Harvard Business Review shows that single-time rental platforms…
Building Management
Sustainable Living: Exploring the Relationship Between Home Development and Trees
On this episode of Building Roots, two of Treenewal’s ISA Certified Arborists, James Allen and Cory Herpel, discussed the importance of taking a proactive approach to maintaining healthy trees in developing communities. They highlighted the need for involving an arborist early in the process, before any construction takes place, to minimize root damage and other…
Articles
U.S. Home Prices Take a Dip. Is the Beginning of a Year-Long Tumble?
Analysts everywhere are raising the red flag: the U.S. home market is set for a tumble, and U.S. home prices are the next domino to fall. A reset for the market shouldn’t come as a surprise to industry professionals. The U.S. home market has been on the decline for months now as high interest rates…
Architecture & Design
Should Mortgage Lenders Be Laying Off Their Pros in This Housing Market?
The never-ending wave of rising interest rates, and therefore pricier debt and consumer demand destruction, is turning buyers away from new home sales. Mortgage lenders are now laying off their pros in droves, hoping to weather the quagmire of a weak market. Is this short-term hemorrhage the right move? Origin Bank Sr. Mortgage Loan…
AEC
What Does the Last Year of Apartment Construction Tell Us About the Future?
For the first time since 2015 there will be fewer than 300,000 new apartment units completed this year. However, the 299,442 units forecast by Yardi Matrix market data does present positive news for the industry. Demand continues to grow but firms have run into a challenge of high construction costs and a labor shortage, both…
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Leverage Data-Driven Tools and Local SEO for Maximum Search Engine Rankings
As businesses continue to navigate the digital landscape, data-driven tools are more crucial than ever for effective SEO strategies. Understanding and implementing the proper SEO practices can make a significant difference with evolving algorithms and competitive markets. Given that 75% of users never scroll past the first page of search results, this statistic underscores…
On-Device AI is Today’s Tech Innovation, Competition and Market Leadership Driver
On-device AI revolutionizes the tech landscape, making it a critical factor for industry dominance. This cutting-edge technology directly integrates advanced AI capabilities into devices, transforming consumer and enterprise applications. This shift stems from the need for improved performance, reduced latency, enhanced data privacy & security, and personalized user experiences. With advancements in neural processing…
The Role of AI in Modern Supply Chains: Insights from Aaron Hatfield at Arvist
Artificial intelligence rapidly transforms modern supply chains, with companies like Arvist leading the charge. In a recent episode of Hammer Down, hosted by Mike Bush, Aaron Hatfield, the Head of Sales at Arvist, sheds light on AI’s practical applications and benefits in enhancing supply chain operations. Is AI in the supply chain a double-edged…
Training New Semiconductor Manufacturing Professionals is Key to Meet Coming Domestic Manufacturing Demand
Over the past few years, the U.S. has made significant strides in semiconductor manufacturing, driven by substantial investments and strategic policies. With the CHIPS Act expected to triple domestic semiconductor manufacturing capacity by 2032, the need for a skilled workforce is more urgent than ever. This discussion explores the key question: What does the…