Author: nawrbBlogger
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The American Rental Market
Did you know that there are 43 million people in the U.S. who live in rental properties? According to America’s Rental Housing: Expanding Options for Diverse and Growing Demand, a study by the Joint Center for Housing Studies of Harvard University, the number of renters has increased by 9 million since 2005; we have not seen…
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Cities with the Most Competitive Homebuyers
This week, Redfin released their ranking of the most competitive neighborhoods for buying homes in 2015 and the cities on the list come as no surprise. Four cities—Boston, Seattle, Denver and Portland—boast of such healthy housing markets, bolstered in no small manner by their thriving tech scenes, that they are home to the top 30…
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Diversity and Inclusion: A Millennial’s Standpoint
Traditionally, Diversity and Inclusion (D&I) in a workplace mean the representation and acceptance of people regardless of their race, gender, religion and other factors. Millennials, who will comprise 75 percent of the workforce by 2025, have a different perception; even though they respect the old norm, for them D&I is more about intellectual acceptance.
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Merry Christmas from NAWRB!
It’s Christmas Eve and NAWRB would like to wish our community a merry Christmas and happy holidays! We hope that you are spending these celebratory days away from work, with family, friends and good food. At NAWRB headquarters, the Christmas spirit is alive and well; our holiday mixer was a couple days ago, we had…
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Does it Cost More to be a Woman than a Man in New York City?
Women already have a tough time getting on par with men in the corporate world, do we now have to fight against gender bias in product pricing too? From Cradle to Cane: The Cost of being a Female Consumer, A Study of Gender Pricing in New York City is a study conducted by the New…
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TRID: Helping or Hurting?
Today, the National Association of Realtors (NAR) announced that existing-home sales decreased significantly in November, to the lowest figures since April 2014. Existing-home transactions are comprised by sales of single-family homes, townhomes, condominiums and co-ops; according to NAR, they fell 10.5 percent to a seasonally-adjusted annual rate of 4.76 million in November, compared to a…
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The Housing Market Shows Positive Trends for 2016
With 2015 winding down, prospective homebuyers and sellers are eagerly looking forward to the New Year. Nationwide Economics’ Health of Housing Markets (HoHM) Report brings good tidings with its Leading Index of Healthy Housing Markets (LIHHM). Calculated based on factors like employment, demographics, mortgage market and home prices, the study covers the national housing market…
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Will More Young Adults Start Buying Homes Next Year?
In recent times, not many young renters have made the big move to becoming homeowners. According to the U.S. Census Bureau’s American Community Survey (ACS), despite an increase in the young adult population, the number of home owners between the ages of 25 and 34 has declined steadily between 2007 and 2012, with a yearly…
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Office Space Prices
The cost of housing is something we are all familiar with; from paying your own rent or mortgage to having relatives in other states, we inevitably remain aware of what it costs to live in the United States. But do you know how much office spaces cost? The rates of commercial real estate like office…
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Home Construction Sees Climb
The housing market is witnessing a recovery as construction of single-family homes and apartments steadily increases. According to the Department of Commerce, builders began construction on 1.173 million units in November, a 10.5 percent increase from October, when calculated at an annual rate. This is welcome news as in October the National Association of Homebuilders…