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Tech continues to transform the real estate world. It helps us assess the value of property. It enables people to spot trends. It assists real estate pros as they market, map, and make predictions. It enables “dream home” buyers to participate in the design work.
Most important of all, technology plays a housing affordability role.
Here, we take a peek at just a few innovations in real estate to watch.
Continue reading “Tech in 2024: Real Estate’s Transformation Speeds Ahead”
As our readers know, the pandemic changed the way we work and live. Remote and hybrid working are now common ways of earning a living.
We’ve also noted how repurposing empty offices could ease the housing crisis. Commercial areas contain more and more vacant space, more of the time. This fact holds true across the entire country.
So, we’re gratified to see the White House now guiding and funding conversions of business properties into homes. The idea is to increase the supply, and help out ordinary people. After all, most new home creation tends to target high-income buyers. But with the appropriate government support, some of the country’s new housing can be accessible to the people who need it most.
Continue reading “Affordability Rx: U.S. Government Is Now Funding Office-to-Home Conversions”
“They need us. They won’t force us to come back to the office!”
Or will they?
During the pandemic, remote work became a survival tactic. Some companies liked the new ways. They said they’d keep remote or hybrid working options available indefinitely.
For a time, stories abounded of employees who went remote, moved out of the cities, and bought homes further afield.
Now, news headlines point to high-profile companies calling people back to their office hubs. Are these return-to-office (RTO) policies causing people to ditch homes they bought during the height of the pandemic?
Continue reading “Some Offices Are Bringing Their Remote Workers Back. Will This Force Homeowners to Sell?”