Originally posted on Joe Spake’s Weblog According to the Calculated Risk Blog, there is a strong inverse relationship between the percentage of 24-34 year olds living at home vs. the under 35 homeownership rate. Economist Tom Lawler says this steep growth in grown-ups living with their parents suggests a pent up demand for housing units […]
MID, pending sales, condos, and October home sales
Here are a few recent real estate stories I found interesting and will be watching. The mortgage interest deduction that we mortgag-paying home owners have come to take for granted may be in jeopardy. Are pending sales numbers an indicator of a market upturn? Downtown condos at a discount? How are Memphis home sales going? […]
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Your house may have come from Sears
Between 1908 and 1940 Sears-Roebuck sold over 70,000 homes through their catalog. The homes were sold as kits and included nearly all the materials needed to construct a new home. The more you look at the Sears Archives, the more you feel that you are seeing a lot of these Sears homes around Midtown […]
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