As the world changes, our lives change in ways we might not realize for many years. As homeowners you're busy juggling family and professional obligations, so it's no surprise that you don't pay much attention to housing news. Unless you're working in real estate, home construction and repairs, remodeling or decorating, you simply don't have the time.
That was true for me during my thirty years working in technology. Then I decided running a handyman business would allow me to live and work in the same place, so I could say goodbye to airplanes!
During the eight years running my handyman business, I watched government regulations drive old Compact Florescent Light (CFL) bulbs out of the market. And now enjoy writing about the Surprising Ways LEDs are Changing Lighting. I saw similar changes to lower US dependency on fossil fuels, from government standards for double-pane windows to the real estate industry adding the Home Energy Rating System (HERS) scores to real estate listings.
As I read lots of housing news, this page is where I'll share the most interesting industry news I stumble on …
- Real estate news affecting how we buy and sell houses.
- Home building news changing the homes we live in, with things like home automation.
- Interior decorating, organizing and more ways in which our lives at home are changing.
Housing News Changing Real Estate
Commonwealth Countries’ Worrisome Real Estate Bubble – reminds us that no country is immune from a housing bubble. The article talks about an important housing metric, the price of housing as a multiplier of median income (six to nine times). It also identifies low interest rates, foreign investment and investor purchases being key factors driving up prices.