Good urbanism should transcend politics. Socialists and capitalists can walk the same neighborhood and agree it's a pleasant place to live. They can each appreciate the tree canopy, the corner café with people spilling onto the sidewalk, the mix of ages on bikes and on foot, the architectural details of older buildings, and so on.
Ginsburg stated that treating builder business as a core pillar rather than a side channel reflects a broader industry shift. He believes a healthy balance of builders should be around 15% to 20% of the overall retail book of business.
"When deciding whether to sell quickly or rent out the home, many homeowners underestimate the logistics involved with moving only part of their belongings or staging while relocating. Storage may seem like a simple add-on, but it actually introduces multiple steps, additional labor, and can significantly increase costs, sometimes even doubling them."
Existing home sales fell 8.4% from December to January, the National Association of Realtors reported Thursday. Economists had expected a 4.6% monthly drop, according to WSJ data. Sales were down 4.4% from a year earlier, hitting a seasonally adjusted annual rate of 3.91 million. Zoom in: The decline was most acute for single-family homes, where sales fell 9%. Regionally, the West was down 10.3%, the South 9% and the Midwest 7.1%, while the Northeast rose 5.9%.
Realtor Todd Luong of REMAX DFW Associates in Frisco said his recent experience reflects meaningful improvement for buyers, even if affordability remains strained. Here in the Dallas real estate market that I serve, affordability remains a challenge, he says. However, there is a significant amount of data showing that buyer conditions have improved over the past year and that buyers are gaining affordability ground. This should eventually increase housing demand to some degree as we head into the busy spring buying season.