Tag: real estate
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How Much Of Your Paycheck Will Rent Take?
Americans spent $535 billion on rent in 2015, according to a recent report from Zillow. “That’s a lot,” you might be thinking, or, “So, what? A lot of people rent in this country.” Here’s some context for you; this is 19 more billions used on rent in 2015 than the year before, a near four…
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Homes for the Homeless
According to the U.S. Census Bureau, out of the 37,323,127 people surveyed, 6,115,244 live under the poverty level in California. Out of these, about 116,000 are homeless and 60 percent of them live on the streets; it is heart wrenching to see the overwhelming numbers.
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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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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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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…
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My Journey at NAWRB
From the desk of Shideh Balali, My name is Shideh Balali and I am responsible for Strategic Development at NAWRB. I started with NAWRB in October 2015 as the Member Relations Coordinator. The relationships I have gained and the enterprising women I have spoken with have been phenomenal. An organization like NAWRB unites women from…
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2016 Housing Market Outlook
There is yet another list predicting the busiest housing markets of the coming year, this time from Trulia in the form of their 2016 Housing Market Outlook. As most predictive reports, Trulia’s identifies a mixture of positive and negative trends in the coming year. In regards to their top 10 growing markets, the Trulia report…
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Origins of Hotel Figueroa
Built in the 1920s by the Young Women’s Christian Association (YWCA), the Moroccan-inspired Hotel Figueroa has been a pinnacle of Los Angeles culture and history for nine decades; from housing tourists to hosting movie sets, the establishment has never lost relevance in downtown LA.