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November Home Value Appreciation Remains Strong, Expected to Slow During 2014

November Home Value Appreciation Remains Strong, Expected to Slow During 2014 | Real Estate Plus+ Daily News | Scoop.it

Zillow’s November Real Estate Market Reports, released today, show that national home values rose 0.6% from October to November to $168,900 (Figure 1). On a year-over-year basis, home values were up 7.1% (Figure 2) from November 2012. The last time national home values were at this level was in November 2004. Rents were up 2% on a year-over-year basis (Figure 3), as they continue their steady upward climb. The Zillow Home Value Forecast calls for 4.6% appreciation nationally from November 2013 to November 2014 – a marked slowdown from the more than 7% appreciation seen in the past year.

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New home construction increases to meet rising demand

New home construction increases to meet rising demand | Real Estate Plus+ Daily News | Scoop.it
Privately-owned housing starts increased in October to a seasonally adjusted annual rate of 1.29 million, up a full 13.7% from September’s revised estimate of 1.14 million. However, it is 2.9% below the 1.33 million in October 2016.
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November 2017 RE/MAX National Housing Report

November 2017 RE/MAX National Housing Report | Real Estate Plus+ Daily News | Scoop.it
Despite record low inventory for the month, October home sales increased 2.5% year-over-year and kept 2017 prices ahead of 2016, according to this month’s RE/MAX National Housing Report. To access the housing report infographic, visit: rem.ax/2cYFT50.
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Changes to Capital Gains Taxes Could Radically Alter the Calculus for Home Sellers

Changes to Capital Gains Taxes Could Radically Alter the Calculus for Home Sellers | Real Estate Plus+ Daily News | Scoop.it
Proposed changes to the laws governing the exclusion of home sales from capital gains taxes would both radically change the time horizon for short-term homeowners considering selling their home and have a potentially huge impact on the inventory of homes for sale.
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Internet of Warnings: How Smart Technology Can Threaten Your Business’s Security

Internet of Warnings: How Smart Technology Can Threaten Your Business’s Security | Real Estate Plus+ Daily News | Scoop.it
This advance stems from the use of telemetry, decades-old machine-to-machine communication via wired sensors and transmitters. Now the wires have been replaced by radio waves that transfer a nearly infinite amount of data.
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Oregon Executive Order Charts a Course to Net Zero Buildings

Oregon Executive Order Charts a Course to Net Zero Buildings | Real Estate Plus+ Daily News | Scoop.it
Oregon’s goal, as laid out in the EO signed last week, is to achieve net-zero energy-ready buildings as standard practice across the state. This kind of ambitious, aggressive goal is exactly what states need to pursue to avoid the worst effects of climate change.
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Sustainable small home has designs on retirement

Sustainable small home has designs on retirement | Real Estate Plus+ Daily News | Scoop.it
"All favor a retiree on a fixed income who is inevitably going to have changing needs through the course of ownership," Wynne says. He dubbed what he calls the "tiny-ish" house "Mike's Hammock."
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First Latitude Margaritaville Draws a Crowd

First Latitude Margaritaville Draws a Crowd | Real Estate Plus+ Daily News | Scoop.it
More than 300 parrot heads, a.k.a. fans of musician Jimmy Buffett and the laid back tropical lifestyle he exudes, last weekend descended upon Minto Communities and Margaritaville Holdings LATITUDE MARGARITAVILLE Daytona Beach, a new 55-and-better active adult community, which opened for sale on Monday.
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Since 1978, 12 Counties Have Accounted for a Third of U.S. Flood Insurance Claims

Since 1978, 12 Counties Have Accounted for a Third of U.S. Flood Insurance Claims | Real Estate Plus+ Daily News | Scoop.it
Since 1978, only 12 counties have been responsible for a third of flood insurance claims, according to the Federal Emergency Management Agency (FEMA). Eighty counties (including Puerto Rico) make up the next third, and more than 2,800 counties account for the last third
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Five Best Cities for Economic Opportunity

Five Best Cities for Economic Opportunity | Real Estate Plus+ Daily News | Scoop.it
“The most attractive places to live for young professionals would be where housing costs are reasonable and great job opportunities are abundant. In other words, the top cities for economic opportunity.”
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Duplex penthouse and terraces top Tadao Ando's 152 Elizabeth Street

Duplex penthouse and terraces top Tadao Ando's 152 Elizabeth Street | Real Estate Plus+ Daily News | Scoop.it
Images of the penthouse at Japanese architect Tadao Ando's residential complex in New York City have been released, showing large rooftop terraces and an internal spiral staircase.
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This Chatbot Is Trying Hard To Look And Feel Like Us

This Chatbot Is Trying Hard To Look And Feel Like Us | Real Estate Plus+ Daily News | Scoop.it
The company says that next year it will introduce a new version of its Autodesk Virtual Agent (AVA) avatar, with an exceedingly lifelike face, voice, and set of “emotions” provided by a New Zealand AI and effects startup called Soul Machines.
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Affordable Housing Crisis Hits Rural Areas

Affordable Housing Crisis Hits Rural Areas | Real Estate Plus+ Daily News | Scoop.it
Working families in rural areas looking for a home are finding it’s not a lack of inventory that is a challenge, but being able to afford what is available. A new study found that rural areas, particularly those in second-home or retiree havens, lack enough affordable and adequate housing for local working families,
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Wave of foreclosures expected in February

Wave of foreclosures expected in February | Real Estate Plus+ Daily News | Scoop.it
Housing experts worry that millions of foreclosures will surface in Florida, Texas and Puerto Rico after recent hurricanes forced owners from their homes. Many lenders extended grace periods for affected customers, but consumer advocates fear that many will simply walk away from their mortgages once that grace period ends.
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Housing industry disappointed in House for passing tax reform bill

Housing industry disappointed in House for passing tax reform bill | Real Estate Plus+ Daily News | Scoop.it
“It’s disappointing to see this legislation move forward, but the real work to shape this debate is just getting started,” NAR President Elizabeth Mendenhall said. “Realtors will now look to the Senate as we make our case that the tax reform proposals pending before Congress overwhelmingly remove the tax incentive to purchase and own a home in America.”
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Seattle is building the world's first floating passenger train

Seattle is building the world's first floating passenger train | Real Estate Plus+ Daily News | Scoop.it
Now the city is embarking on an even more ambitious transport project. Local transit agency Sound Transit is build the world's first light rail (a passenger train designed for light traffic) — on a floating bridge over Lake Washington by 2023. 
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This back-flipping robot has everyone terrified

This back-flipping robot has everyone terrified | Real Estate Plus+ Daily News | Scoop.it
A video released by formerly Google-owned robotics company Boston Dynamics showcases the highly advanced mobility of its bipedal robot called Atlas.
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11 Things You Didn’t Know Were Invented in NYC

11 Things You Didn’t Know Were Invented in NYC | Real Estate Plus+ Daily News | Scoop.it
In addition to its stunning architecture and iconic skyline, New York City is recognized for its innovation. As a major cultural and artistic hub, it’s constantly fostering the exchange of ideas; unsurprisingly, the city has gone down in history as the birthplace of some noteworthy innovations that are now recognized around the world.
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Pyramid-shaped glazed roof lets home owners enjoy 360 degree views

Pyramid-shaped glazed roof lets home owners enjoy 360 degree views | Real Estate Plus+ Daily News | Scoop.it
The home is topped by a glazed conservatory that offers excellent views of the landscape, while internet-connected systems provide remote control of heating and lighting.
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Amazon Key Flaw Could Let Rogue Deliverymen Disable Your Camera

Amazon Key Flaw Could Let Rogue Deliverymen Disable Your Camera | Real Estate Plus+ Daily News | Scoop.it
But now security researchers have demonstrated that with a simple program run from any computer in Wi-Fi range, that camera can be not only disabled but frozen.
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Builder confidence climbs to highest level in months

Builder confidence climbs to highest level in months | Real Estate Plus+ Daily News | Scoop.it
Confidence among home builders edged up in November to its highest reading in months and its second highest reading since the recession, according to the Housing Market Index by the National Association of Home Builders and Wells Fargo.
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This futuristic complex in Cairo will feature indoor 'mega-trees' and 1,000 luxury apartments

This futuristic complex in Cairo will feature indoor 'mega-trees' and 1,000 luxury apartments | Real Estate Plus+ Daily News | Scoop.it
Designed by Vincent Callebaut Architectures, the complex will feature nine cylindrical structures covered in plants, which the designers call "mega-trees."
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Plants and geometric glass walls screen home and restaurant in Ho Chi Minh

Plants and geometric glass walls screen home and restaurant in Ho Chi Minh | Real Estate Plus+ Daily News | Scoop.it
Vietnamese architecture studio Kientruc O has given a modernist makeover to an old house in a narrow Ho Chi Minh City alleyway, transforming it into a restaurant with a lush garden wrapped by gridded glazing.
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Skýli mountain shelter is designed to withstand extreme weather conditions

Skýli mountain shelter is designed to withstand extreme weather conditions | Real Estate Plus+ Daily News | Scoop.it
Built from both steel and cross-laminated timber, it would sleep up to 15 mountaineers, with additional space to cook, dry clothes and stow gear. Large windows in the gables would offer views out over the landscape.
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Retail Apocalypse? Not On These 5 U.S. Streets

Retail Apocalypse? Not On These 5 U.S. Streets | Real Estate Plus+ Daily News | Scoop.it
“The most innovative retailers are combining their online and physical platforms to create a seamless omnichannel experience for the customer, but profile and location play such a crucial role in the premium retail experience.”
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2018 Predictions: The Inventory Crisis Will Drive the Market

2018 Predictions: The Inventory Crisis Will Drive the Market | Real Estate Plus+ Daily News | Scoop.it
In most markets around the country, inventory of homes for sale has become so tight that housing is now a game of musical chairs: Nobody wants to stand up from the home they’re currently living in and list if for sale, for fear they won’t be able to find another home to buy.
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