The ‘Subscription’ Home: The Rise of the Luxury Real Estate Waiting List

The ultra-wealthy are finding new ways to shop for their dream homes—they’re “subscribing” to developers and joining waiting lists instead. By joining a waiting list, buyers aren’t just waiting for a house:... Read more »

Most home listings in San Francisco have been on the market for over a month – CHRISTIAN LEONARD, San Francisco Chronicle (Subscription)

It often feels as if homes in the Bay Area get snapped up almost immediately after they go on the market. But the reality is a bit different. In May, 55% of... Read more »

Artificial intelligence is the all-in-1 tool real estate desperately needs – BRAD INMAN, Inman (Subscription)

Every week, a real estate company announces a new artificial intelligence product – reminding me of the days when every business put out a press release to say it launched a website.... Read more »

Caltrans begins selling homes seized for never-built freeway project – TRD STAFF, The Real Deal (Subscription)

In an attempt to clear space for a planned expansion of the 710 Freeway, Caltrans seized 400 homes by eminent domain along a five-mile stretch in the 1960s, displacing hundreds of families.... Read more »

Condemned Silicon Valley home sparks bidding war in red-hot real estate market – AIDIN VAZIRI, San Francisco Chronicle (Subscription)

A seven-bedroom house in Silicon Valley listed less than a month ago for just under $700,000 is in escrow after receiving multiple offers. While it may appear a potential buyer has scored... Read more »

When Is a Tiny House Too Small to Be a Home? – RONDA KAYSEN, New York Times (Subscription)

As the Supreme Court weighs whether cities can criminalize sleeping outdoors or in tents, Los Angeles is attempting to combat homelessness with tiny homes criticized by some as ‘inhumane.’ Source link Read more »

What is a 'Zombie Mortgage'? – MATT YAN, New York Times (Subscription)

For most buyers, mortgages are the cornerstone of purchasing a home. Sometimes a second mortgage is necessary, too, to cover the down payment, for instance. But what happens if that second mortgage... Read more »

Coastal counties at greatest risk in housing market downturn – HOLDEN WALTER-WARNER, The Real Deal (Subscription)

The vulnerability of county-level housing markets varies across the country, but it’s areas on both coasts that may be at the greatest risk if a downturn occurs. Source link Read more »