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Invitation Homes’ year-end results may signal what’s ahead for the rental home market
The residential real estate market’s post-pandemic glow is ebbing. Beyond last year’s tough interest rate environment, suppressed home sales and shrunken multifamily construction, the rapid-fire demand for build-to-rent and single-family rental homes, popular among consumers and investors in recent years, appears to be ticking down. John Olsen, chief financial officer of Dallas-based Invitation Homes, one of the nation’s largest rental home companies, sees it as a return to a more normal rent-growth environment. “We are looking at the pre-pandemic experience as sort of our model for how we think the curve is going to develop over time,” Olsen said during the company’s year-end results call this week with analysts and…
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What’s the Latest in Retro Design Style? | Real Estate
The ‘70s are back, baby. Well, at least they are in home design. If this news evokes an image of a disco ball hanging from your living room ceiling, know that this iteration of the disco era boogies down to a different beat. “The ‘70s have definitely made a resurgence in today’s design world,” says Laura Barber, associate kitchen and bath designer at Normandy Design Build Remodeling in Hinsdale and Evanston, Illinois. “Many people when first hearing this think of cringe-worthy memories of plastic-covered sofas, musty shag carpeting and heavy wood elements accented by bright orange and avocado colors. But today’s take on the ‘70s style incorporates elements of that…
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Confused about the housing market? Here’s what’s happening
The slowdown in the otherwise red-hot housing boom has been stunningly swift. The U.S. housing market surged during the pandemic as homebound people sought new places to live, boosted by record-low interest rates. Now, real estate agents who once reported lines of buyers outside open houses and bidding wars on the back deck say homes are sitting longer and sellers are being forced to lower their sights. That has both potential buyers and sellers wondering where they stand. “As recession concerns weigh on consumer outlooks, our survey shows uncertainty has made its way into the minds of many buyers,” said Danielle Hale, chief economist at Realtor.com. Here are the major…
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Bestselling authors explain how they organize their bookshelves and what’s on them
Shelfies by Elin Hilderbrand, Diana Gabaldon, Garrett Graff, Vanessa Riley, Emma Straub, Hernan Diaz, Jennifer Weiner, Chris Bohjalian and Christopher Buckley July 28, 2022 at 7:00 a.m. EDT Comment on this story Comment My bookshelves are a mess. It’s not just that I have too many books and too little space. I’m also simply disorganized. It wasn’t always so. Shelves I put together years ago, pre-children, remain generally intact: a full bookcase of poetry, alphabetized by author, and several jam-packed bookcases of fiction, also by authors’ last names. These shelves now serve primarily as decoration or reference or as a lending library for guests. But there’s more, much more: the…
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The Agency Founder Mauricio Umansky Talks The Real Estate Firm’s Global Expansion And What’s Next
Before Mauricio Umansky founded The Agency in 2011, he was one of the country’s highest-producing realtors. At one point The Wall Street Journal recognized him as the #3 agent in the U.S. and #1 in California when he was with his brother-in-law Rick Hilton’s firm, Hilton & Hyland. Mauricio Umansky and wife, Kyle Richards, at a new Agency office opening. The Agency “The industry used to be archaic—nobody had redefined it in a long, long time,” Umansky tells Forbes. “The real estate industry was certainly lagging, and technology has not really been brought into the business when I started. We were still looking at MLS and the real estate inventory…
