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Why Americans love gated communities
CNBC· 2025-08-21 16:01
Florida is kind of the land of gated communities. People that are buying in Florida, they want the ease of living. They want to live in paradise without all the maintenance.>> Lindsay Tronolone is a realtor in Palm Beach County, Florida, a hub for luxury real estate. The area also boasts dozens of gated communities. Some sell waterfront condos.Others have multi-million dollar mansions. People are moving here for the golf. You're not going to pay $225,000 for a golf membership and not be using it.that gated ...
X @The Wall Street Journal
Sales of existing homes rose modestly in July, defying expectations for another month of declines after a disappointing spring selling season and raising hopes for a better fall https://t.co/VuAHC20t1Y ...
Only 28% of Homes on the Market are Affordable for a Typical Household
Prnewswire· 2025-08-21 10:00
Core Insights - The August 2025 Buying Power Report from Realtor.com® indicates that only 28.0% of homes on the market are affordable for the typical U.S. household, with the maximum affordable home price dropping to $298,000 from $325,000 in 2019, a decrease of nearly $30,000 [1][9] Economic Context - Despite a 15.7% increase in median incomes since 2019, higher interest rates have significantly reduced the purchasing power of American households, with mortgage rates around 6.75% leading to an additional $7,200 in annual costs for a $320,000 loan compared to 2019 [2][9] - The current typical listing price is $439,450, requiring nearly a 28% down payment for buyers [2] Regional Analysis - Major metropolitan areas such as Milwaukee, Houston, Baltimore, New York City, and Kansas City have experienced the most significant declines in buying power, with Milwaukee seeing a 10.5% drop in affordability [3][4] - In Milwaukee, the maximum affordable home price fell from $314,000 to $281,000, a decrease of $33,000 [3] Affordability Trends - While affordability has declined, some regions still maintain a relatively high share of affordable homes, except for New York City, where only 13.1% of listings were affordable in July [4] - Only six of the 50 largest U.S. metros have seen an increase in buying power since 2019, with Cleveland, Ohio, leading with a 4.4% increase in affordable home prices [6] Buyer Behavior - The decline in buying power is reshaping buyer behavior, leading many to compete for lower-priced homes, turn to rentals, or delay homeownership, particularly among younger households [11] - Sellers may need to adjust pricing expectations or prepare for longer market times due to changing demand dynamics [11] Future Outlook - Restoring lost buying power will likely depend on lower mortgage rates, stronger wage growth, and an increase in housing supply, especially in the affordable segment [11]
Kojamo plc Half-Year Financial Report 1 January–30 June 2025
Globenewswire· 2025-08-21 05:00
Kojamo plc Stock Exchange Release, 21 August 2025 at 8.00 a.m. EEST Kojamo plc Half-Year Financial Report 1 January–30 June 2025 Strong increase in occupancy rate continued This is a summary of the January–June Half-Year Financial Report, which is in its entirety attached to this release and can be downloaded from the company's website at www.kojamo.fi/investors. Unless otherwise stated, the comparison figures in brackets refer to the corresponding period of the previous year. The figures in this Half-Year ...
The U.S. Cities Leading the New Home Boom
Prnewswire· 2025-08-20 10:00
New report from Realtor.com® ranks the metros leading the charge on affordability, availability and climate-smart new construction for today's buyers AUSTIN, Texas, Aug. 20, 2025 /PRNewswire/ -- With the U.S. facing a housing shortage of nearly 4 million homes, new residential construction is critical to restoring affordability and expanding access to homeownership. A new report from Realtor.com® identifies the Top Metros for New Construction, the markets stepping up and delivering the best combination of a ...
I Am Buying The Big Dip With 11% Yield: Greystone Housing
Seeking Alpha· 2025-08-16 14:30
Group 1 - The article emphasizes the importance of creating a portfolio that generates income without the need for selling assets to fund retirement, promoting a less stressful investment approach [1] - It highlights common mistakes made by investors, such as assuming all companies operate similarly and neglecting thorough analysis [2] - The service offers features like model portfolios with buy/sell alerts, preferred and baby bond portfolios for conservative investors, and regular market updates, focusing on community and education [2] Group 2 - The article mentions that recommendations are closely monitored, with buy and sell alerts provided exclusively to members, indicating a proactive management approach [4] - It clarifies that past performance does not guarantee future results, and no specific investment advice is being given, which reflects a cautious stance on investment recommendations [5]
Opendoor Announces CEO Search in Support of Next Phase of Growth and Innovation
Globenewswire· 2025-08-15 13:00
Core Viewpoint - Opendoor Technologies Inc. has appointed Shrisha Radhakrishna as President and interim leader following the resignation of Carrie Wheeler as CEO, with a CEO succession planning process already underway [1][2] Leadership Changes - Shrisha Radhakrishna, previously Chief Technology & Product Officer, has been appointed as President and interim leader of Opendoor [1][5] - Carrie Wheeler has stepped down from her roles but will continue to advise the Board until the end of the year [1][4] - Eric Feder has been elected as Lead Independent Director [1] Strategic Focus - The company is focusing on leveraging its data and unique assets in the evolving AI landscape [3] - Key strategies include scaling Key Connections, rolling out Cash Plus, and improving the core cash-offer business [3] - The leadership transition is seen as a timely move to enhance the company's future prospects [4] Background of New Leadership - Shrisha Radhakrishna has over 20 years of experience in technology and product development, previously serving at LegalZoom and Intuit [6] - His mandate at Opendoor has been to accelerate product delivery and reduce infrastructure costs [4][6] Company Overview - Opendoor is a leading e-commerce platform for residential real estate transactions, aiming to simplify the buying and selling process for customers [7] - The company has been operational since 2014 and continues to expand its market presence across the U.S. [7]
滕州:重磅!楼面价4500元/㎡,城北新地块挂牌,周边房价要迎“新参考”?
Sou Hu Cai Jing· 2025-08-14 14:28
Core Points - The article discusses the public auction of a state-owned residential land parcel in Tengzhou, approved by the Tengzhou Municipal Government, with a starting price of 30.96 million RMB [1] Group 1: Land Parcel Details - The land parcel, identified as TZ2021-27-3-1, is located at the intersection of Xinxing Road and Taoshan Road, covering an area of 34,398 square meters (approximately 51.6 acres) [1] - The land is designated for residential use with a usage period of 70 years [1] - The starting price for the land is set at 30.96 million RMB, which translates to an estimated floor price of approximately 4,500.26 RMB per square meter based on a floor area ratio of 2.0 [1] Group 2: Planning and Construction Requirements - The planning indicators for the land include a maximum building density of 25% and a minimum green space ratio of 35% [5] - The land parcel has specific planning and construction conditions that must be adhered to, including compliance with cultural relic protection regulations [1][5] Group 3: Auction Timeline - The auction will commence on September 2, 2025, at 9:00 AM and will conclude on September 11, 2025, at 10:45 AM [1] - The successful bidder is required to pay the full land transfer fee within 60 days of signing the transfer contract [1] Group 4: Market Implications - The strategic location, large area, and favorable planning conditions of the land parcel are expected to make it a hotspot in the Tengzhou residential market [8]
Invitation Homes: A Low-Hanging Fruit In The U.S. Housing Market
Seeking Alpha· 2025-08-11 13:30
Founder of Dividend Mantra. Founder of Mr. Free At 33. Co-Founder of Dividends & Income. I started blogging about my journey to financial independence back in 2011. By living well below my means and intelligently investing my hard-earned capital, I went from below broke at age 27 to financially free at 33 years old. I regularly create content on dividend growth investing, living off of dividends, undervalued high- quality dividend growth stocks, high-yield situations, and other long-term investment opportun ...
澳洲最新十大宜居地区揭晓!看看你家上榜了吗
Sou Hu Cai Jing· 2025-08-10 23:40
Core Insights - The most livable areas in Australia have been identified, featuring both high-end coastal regions and affordable "hidden gems" that offer great value amidst rising property prices [1][3] - These regions are characterized by attractive lifestyles and stable long-term property price growth, outperforming average market trends [1][3] Group 1: Property Market Trends - Historical data indicates that property price growth in desirable areas often begins at the start of a rate-cutting cycle, with top livable areas leading the charge [3] - Warringah in Northern Sydney ranks first in a comprehensive score based on convenience, family-friendly environment, natural scenery, beach resources, and property price growth [3][5] Group 2: Median Property Prices - The median property prices for the top ten livable areas are as follows: - Warringah (NSW): $2.56 million - Stirling (WA): $1.07 million - Wanneroo (WA): $760,000 - Wollongong (NSW): $1.28 million - Eastern Suburbs - South (NSW): $3 million - Townsville (QLD): $570,000 - Shoalhaven (NSW): $840,000 - Eastern Suburbs - North (NSW): $3.75 million - Southport (QLD): $1.14 million - Newcastle (NSW): $960,000 [4] Group 3: Lifestyle and Investment Considerations - The southeastern suburbs of Sydney, including Coogee, Clovelly, Maroubra, and La Perouse, also perform well, ranking fifth overall [5] - Areas like the northern and western Wollongong are recognized as the best living regions in New South Wales outside Sydney, with median property prices ranging from $820,000 to $1.5 million [5] - The MCG's lifestyle index evaluates livability based on factors such as coastal amenities, green resources, accessibility, and community vibrancy, with equal weight given to all four pillars [5] - Long-term market drivers are crucial in real estate, as most individuals reside in the same property for at least 10 to 15 years [7] - When considering property investment, it is essential to assess future buyer demographics and the emotional appeal of the property to potential homeowners [8]