Friday, April 29, 2011

6 real estate headlines: 29-April

A daily dose of headlines for real estate agents, mortgage lenders, homebuyers and home sellers.

A new template for smart growth
Washington Post
: Shifting demographics, along with increasing consumer interest in a more-urban existence, are redefining the real estate market.
Projects shelved spring back to life
The New York Times
: Factors contributing to the building trend include higher rents, aging office stock and a possible decline in labor costs.
Weighing whether to buy a vacation home
Wall Street Journal
: With an increasing range of options�from managed resorts in the Maldives to a self-owned bungalow in Bali�deciding what type of vacation home to own, and what investment risks to take, is becoming a more complicated process.
Homeownership drops
Housing Wire
: While the homeownership rate across the country continues downward after the housing crash, a recent survey from Pew Research showed 81% of adults still believe buying a home is the best long-term investment a person can make.
How history killed the suburb
The Atlantic: Projected growth in housing demand is going to come largely from young people who are much more comfortable with urban lifestyles and from retiring baby boomers who no longer need large amounts of house and yard space.
6 tips to help you avoid real estate law suits
Inman News
: Even if you have adequate errors and omissions insurance coverage, being a defendant in a lawsuit can have a huge negative impact on both you and your business.

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