No Housing Construction Boom Without Aid From Government
Learning from past mishaps, don’t expect a surge in new home construction unless the federal
government steps in. During the previous economic expansion that began in 2008 and ended in
2019, “build more homes” was the mantra. However, that expansion was the weakest housing
recovery in history due to overdevelopment. The housing boom became a bust. Trends show new
housing demand will remain steady for the next several years, however, a construction boom will not
happen unless the government provides deficit financing when the new home sale market weakens.
Source https://housingwire.com/
Paint Becoming as Scarce as Lumber
Paint products are flying off the shelves, but they aren’t being replenished due to COVID-19
restrictions and a winter storm that hit Texas back in February. With many of the raw materials used
to make paint coming from that state, it’s having a real effect on the paint supply chain. And thanks
to the surge in remodeling projects, finding paint is becoming an expensive issue for many Americans
wanting to tackle home improvements.
Source: magazine.realtor
How to Make Listing Photos Stand Out From the Crowd
With 97% of people searching for a house via the internet, according to the NAR’s 2020 Profile of
Home Buyers and Sellers report, a solid online presence is more important than ever. If you want
your house listing photos to look their very best, Apartment Therapy suggests removing tall vases,
small rugs and mismatched lightbulbs.
Source: magazine.realtor