Feb 06
A shortage of skilled construction workers is a major culprit behind weakened housing supply and housing affordability in the new-home market, according to a new report by the Home Builders Institute. “The construction worker shortage has reached crisis level. The construction industry needs more than 61,000 new hires each month if we are to keep …
Feb 06
Listing courtesy of Emily Wilkins – GOLDCOAST SOTHEBY’S INTERNATIONAL REALTY $1,195,000 Est. Mortgage $6,953/mo*4 beds3 Baths Description about this home for sale at 941 Palen Ave, Ocean City, NJ. 08226 Welcome to your dream home! This 2002 Coste built single family home offers the best of bay living with panoramic bay and sunset views. The …
Feb 03
Listing courtesy of Joseph Jauss, Iii – Keller Williams Realty Jersey Shore-Ocean City $3,179,000 Est. Mortgage $17,858/mo*5 Beds5 Baths Description about this home for sale at 143 Pinnacle Rd. Ocean City NJ. 08226 A Beautiful Farmhouse Style Home in the Gardens of Ocean City ! Beautifully Built in 2018 by Gavrinich and Sons. Consisting of …
Feb 03
More businesses are hoping upscale workspaces will lure workers back to the office, hunting for new spaces or looking to upgrade existing ones with amenities and perks such as custom-built lounges, game rooms with ping-pong tables and foosball, outdoor space that includes dining areas with fire pits, upgraded ventilation and sanitation systems, and apps that …
Feb 02
Real estate investors are buying up homes, and first-time buyers increasingly are finding themselves up against them in bidding wars. Investors are drawn to real estate to flip single-family homes, townhomes, and condos for a profit and to build their portfolio of properties to convert them to rental units. The share of investors is at …
Feb 02
Listing courtesy of Joseph Butler Jr. – A LEWIS PURDY REAL ESTATE INC $2,550,000 Original price: $2,600,000Est. Mortgage $14,506/mo*5 Beds5 Baths2260 Sq. Ft. Description about this home for sale at 347 W. 46th PL. Sea Isle City, NJ 08243 Gorgeous Tom Welsh Built Bayfront Townhome located in Sea Isle City! The exterior of this amazing …
Feb 01
Listing courtesy of Matt Bricketto – BHHS Fox & Roach-Chadds Ford $405,000 Est. Mortgage $2,671/mo*4 Beds2 Baths1974 Sq. Ft. Description about this home for sale at 291 Glen Riddle Rd. Glen Riddle. PA. (media) 19063 Welcome to 291 Glen Riddle Rd. This well maintained home built in 1914 is ready for its new owner. Located …
Feb 01
A record number of home builders are reporting a shortage of workers such as carpenters, painters, and electricians, the National Association of Home Builders reports. The shortages come at a time when demand is increasing for new homes. Builders are struggling to meet demand and faced with both surging prices for materials and shortages of lots. The …
Jan 31
Single-family housing starts dropped in October as supply chain woes over construction materials and labor shortages continued to hamper the building industry. Single-family housing starts fell nearly 4% last month to a seasonally adjusted annual rate of 1.04 million, the U.S. Department of Housing and Urban Development and the U.S. Census Bureau reported Wednesday. Still, …
Jan 31
Listing courtesy of Betsy Hamilton – BHHS Fox & Roach-Haverford $550,000 Est. Mortgage $3,632/mo*3 Beds4 baths2560 Sq. Ft. Description about this home for sale at 120 Springton Mews Circle, Media, PA. 19063 Welcome to this quiet location and pristine sun filled end unit carriage home in Springton Mews. The open first floor design features hardwood …
Jan 30
Listing courtesy of Dustin Laricks – COMPASS RE – Sic $1,899,000 Est. Mortgage $10,956/mo*4 Beds5 Baths Description about this home for sale at 134 45th St. Sea Isle City, NJ. 08243 This custom-built townhouse features unique characteristics not often found on the island. The lower level hosts a full bathroom and a spacious family room …
Jan 30
Investors are seeing early benefits to their opportunity zone investments: Median single-family and condo prices are increasing in the majority of nationwide opportunity zones—by 62%, according to a third-quarter report released by ATTOM Data Solutions. Prices increased by at least 20% annually in nearly half of the zones. Opportunity zones, established by Congress in the …
