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Housing Market Forecast: Unpredictable Mortgage Rates to Shake Up 2025

Appraisal Buzz

More listing descriptions now use the word “cozy”—35% more in 2024 than in 2023—which reflects contemporary design trends that have moved away from expansive open floor plans and toward enclosed areas with distinct styles and functions. The typical age of renters has increased to 42, and they are becoming accustomed to living as tenants.

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ADU options set to expand in California

Housing Wire

It is shipped from the Boxabl manufacturing facility in Las Vegas and is “designed to unfold into a fully functional dwelling unit in just a few hours,” reducing construction costs and minimizing environmental impacts, according to a company news release. But some experts believe that financing options for ADUs need to be expanded.

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Housing Hurdles for Older Homeowners 

Appraisal Buzz

Over 30% of the income of over 10 million senior tenants was spent on housing. Older Homeowners Desire to Age in Place, But Many Dont Believe Theyll Be Able To According to Harrell, housing costs and communities arent often designed with older homeowners in mind. Only 36.5% address the issue of aging in place. than children under 18.

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Opinion: More financing options for ADUs are needed

Housing Wire

A recent survey by Villa noted that some ~60% of rental tenants said that living in an ADU has allowed them to live in a neighborhood they would not otherwise be able to afford — that’s a big deal. Draw structures for loans supporting new construction of ADUs, especially for prefab, are still “clunky.”

Finance 501
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Florida theme parks creating more housing for employees

Housing Wire

For Universal Studios employees, the owners of the park are seeking to construct a 1,000-unit mixed-use development slated to open in 2026 that would promise a short commute to the Universal Orlando Resort, which is also aiming to open a full-scale third theme park called “Epic Universe” next year.

Tenants 448
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eXp CEO Leo Pareja is teaching agents to navigate the post-NAR settlement world

Housing Wire

eXp purposely designed the document in a way that uses as little legal jargon as possible, so as to not confuse buyers and sellers. Pareja believes there should be exceptions, such as when a property is owned by a high-profile person, if it is tenant-occupied or if it’s still under construction.

Agents 435
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Top 5 Commercial Real Estate Trends in BC

D Fritz Appraisals

Vancouver’s office space availability is the highest in 20 years, with landlords and building owners adapting their leasing strategies as many tenants require more flexibility with their office space rentals. High construction costs are affecting the supply on new builds and slowing down the release of new properties into the market.