Mindblown: a blog about philosophy.
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A supply crunch means old homes are now nearly as expensive as new builds
Buying a newly built home in the US now costs nearly the same as buying an existing home, another head-scratching reality of today’s housing market. The median new home sold for $420,600 in August, scarcely 1 percentage point more than the median existing home’s sale price of $416,700 during the same period. Measured on a…
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Start generating passive income through real estate.
Hurricane Milton could slow down new home construction in the state of Florida, which could have a negative impact on the overall U.S. housing market. What Happened: Hurricane Milton has left devastation in the state of Florida that impacts multiple sectors and will take time to clean up and restore portions of the state. While…
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HGTV producer Kyra Epps returns home to build affordable housing on the South Side
Kyra Epps was 13 when her mother became a first-time homeowner, moving the family from low-income housing on the West Side to a residence in Englewood. Epps remembers her mother painting the dining room walls yellow — a decision she asked her about recently. “She said, ‘Because I was a homeowner and I had the…
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Hippo expands home builder access to New Homes Program in California, Florida & Texas
Home insurance firm Hippo has announced it will expand home builder access to its New Homes Program in California, Florida, and Texas by the end of the year. Hippo’s New Homes Program expects to provide access to insurance for almost 50,000 additional new homes, which accounts for more than a third of new construction permits…
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City kickstarts Atlantic Avenue rezoning to build 4,600 homes
The city is moving forward with plans to transform an industrial section of Atlantic Avenue with 4,600 new homes. The City Planning Commission on Tuesday kicked off the land use review process to rezone a 21-block area, mostly along Atlantic Avenue in Brooklyn. After a decade of drama over the area, the rezoning builds on…
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A supply crunch means old homes are now nearly as expensive as new builds
Buying a newly built home in the US now costs nearly the same as buying an existing home, another head-scratching reality of today’s housing market. The median new home sold for $420,600 in August, scarcely 1 percentage point more than the median existing home’s sale price of $416,700 during the same period. Measured on a…
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Start generating passive income through real estate.
Hurricane Milton could slow down new home construction in the state of Florida, which could have a negative impact on the overall U.S. housing market. What Happened: Hurricane Milton has left devastation in the state of Florida that impacts multiple sectors and will take time to clean up and restore portions of the state. While…
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Labour’s bid to build 1.5 million new homes gets underway
The Labour Party’s pledge to build 1.5 million new homes over the next five years has got underway after the prime minister unveiled half a billion pounds worth of private investment to get the ball rolling. Schroders, Man Group and Resonance announced new impact investment funds on Tuesday – pots of money that aim to…
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City kickstarts Atlantic Avenue rezoning to build 4,600 homes
The city is moving forward with plans to transform an industrial section of Atlantic Avenue with 4,600 new homes. The City Planning Commission on Tuesday kicked off the land use review process to rezone a 21-block area, mostly along Atlantic Avenue in Brooklyn. After a decade of drama over the area, the rezoning builds on…
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A supply crunch means old homes are now nearly as expensive as new builds
Buying a newly built home in the US now costs nearly the same as buying an existing home, another head-scratching reality of today’s housing market. The median new home sold for $420,600 in August, scarcely 1 percentage point more than the median existing home’s sale price of $416,700 during the same period. Measured on a…
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