Tag Archives: housing shortage

Over three months after Hurricane Maria made landfall on the island of Puerto Rico, half of the island’s 3.4 million citizens are still without power, and many without ...

With construction finally catching up to demand, the U.S. housing market is primed for growth over the next few years. But parts of Europe may be on the cusp of a housing bubble.

Homebuyers are having a tough time finding homes for many market related reasons, but a new report shows an additional cause could be that baby boomers just aren’t moving out.

Seeing homes in your metro switch from “for sale” to “sold” rapidly? Chances are, you’re seeing the effects of the housing shortage. The latest research from Trulia revealed a significant correlation between the inventory shortage and how long homes are staying on the market, but depending on your metro and if you’re buyer is looking for a starter, trade-up, or premium home you could be experiencing more severe effects.

Housing inventory is so limited, even Google has taken notice. On Wednesday, the technology giant announced its own efforts to alleviate the ever-tight (and ever-expensive) housing market of Silicon Valley through an investment in modular housing. The company will purchase 300 modular home units from startup Factory OS, a deal Factory’s CEO says is worth $25 to $30 million. Housing prices in Google’s home base San Francisco have risen nearly 100 percent since 2009, and inventory has been dropping steadily over the past year, driving demand—and prices—even higher. Year-to-date, home prices in the city have appreciated 5 percent—the second-most of all major U.S. markets.