Money.cnn.com put out a cool calculator that shows how your your home’s rate of return compares to a variety of investment instruments. Choose dates and use the sliders to show your return.
Rent vs. Buy: Which is Cheaper?
Home Prices Surge And Have Their Best Month Since February 2006
The S&P Case-Shiller home price index climbed 0.93% on the month in August. Home prices were up 12.82% on the year.
Home prices posted their highest annual increase since February 2006, and all 20 cities posted year-over-year gains in home prices.
Economists do however expect home prices to cool going forward.
Emerald City: Urban Planning for Seattle
The population of Seattle in 2010 was 608,660, up from 563,375 in 2000, and it’s still growing. According to the Seattle Department of Planning and Development, that number could increase by 70,000 over the next 20 years. Lawrence W. Cheek’s article in The Seattle Times, “Small-scale solutions to Seattle’s huge urban-housing needs,” highlights the demand for more city housing.
How do developers meet housing needs in densely populated areas? Small-scale solutions are one focal point for Seattle architects and builders. Bill Parks, a longtime developer, works to create multi-residential housing options that offer a real sense of community. His current Ballard project at 24th Avenue and 65th Street is a five-story apartment complex that feels neighborly. “Its three buildings will surround a courtyard with a fountain, and the public — the larger neighborhood — won’t be locked out of the courtyard, at least not during the day. It’s a modest and cautious gesture toward openness, but in a rapidly densifying Seattle it stakes out a principle that’s increasingly rare.”
As Seattle developers and architects work to keep pace with population growth, they might take some cues from the successful strategies used by other big cities. Brent Toderian, President of Toderian UrbanWorks in Vancouver, Canada, suggests three necessary components for density done well in Planetizen.com.
- Multi-modal transportation
- High architectural standards
- Amenities that support public life
– See more at: http://bobneal.info/2013/09/24/urban-planning-in-the-emerald-city/#sthash.3a1TIF4e.dpuf
How Long Should Adult Children Live At Home?
From our friends at KCM.
What Are Millennials Looking For in A Home?
A survey of homebuyers between the ages of 18 and 35, conducted by Better Homes and Gardens Real Estate, indicates that a significant number of Millennials are willing to purchase fixer-uppers and even do the home improvement themselves. Millennials also value character-robust homes that represent their personal and unique style. Watch the video for more information on what appeals to this demographic of 100 million individuals. –