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topStories Monday, December 19, 2016
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Planning the Perfect Outdoor Space
Minority, Renter Households at Center of Low Homeownership Rate
The homeownership rate spiraled to its lowest point in 50 years earlier this year, and while it picked up in the third quarter, it remains off its recent peak. The populations bearing out the trend the most, according to a new analysis by the Pew Research Center, are low-income, minority, renter, and young adult households. For low-income households—a term that assumes three-person households earning an annual income of $44,000 or less—the homeownership rate has fallen from 52.9 percent in 2005 to 41.7 percent today. The rate among middle- and high-income households ($44,000-$132,000 and $132,000 or more, in order), to compare, fell from 73.8 percent in 2004 to 68.3 percent today and 86.6 percent in 2004 to 80.3 percent today, respectively. ...
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An Innovation Combining the Best of Both Worlds
Innovation is a funny thing. Sometimes it introduces an idea that's never existed before. More often, though, it's a creative extension of elements already in use. The genius is in... READ MORE >
Lennox Scott: 2017 'Incredible' for Real Estate
In the following commentary, Lennox Scott, chairman and CEO of John L. Scott Real Estate, offers his 2017 housing forecast for the Puget Sound market. What an exciting... READ MORE >
Gaining Leads, Referrals, and another Hour in the Day
In the following interview, Lee Goldstein, president of InTrust Realty in Raleigh, N.C., discusses conditions in his local market, as well as online lead generation and marketing... READ MORE >
Home Inspections a Valuable Component in Competitive Market
For more than 20 years, Mike Hanneman and HomeTeam Inspection Service of Anchorage have brought a winning formula to home inspections in the Anchorage... READ MORE >

The 2017 Color of the Year Is Fresh...and Prehistoric
By Suzanne De Vita
Prepare to see a lot more green in 2017—and not the kind you get from a scratch-off. Pantone recently revealed next year's Color of the Year, a "zesty" yellow-green named—what else?—Greenery. The hue, which immediately brings to mind The Land Before Time, will crop up in home decor and housewares, from accents and furniture
Housing Starts Tumble from Year-Long Highs

Fed Raising Rates: Much Ado about Nothing?


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