RealEstate

In this offering from Maureen White Kirkby of Barnbrook Realty, the views will seduce you and the house will enchant you. Plus, lots to build your dreams on. Here’s what we have for you this week in The Edge Real Estate section: Property of the Week  – In this offering from Maureen White Kirkby of Barnbrook Realty, the views will seduce you and the house will enchant you. What’s on the Market  – An expanded collection of ready-to-build-on lots for sale in the Berkshires, awaiting your vision. Transformations  – Let there be light! Grigori Fateyev of Art Forms Architecture remodels and adds an addition onto a dark, dreary Hillsdale home. Weekly real estate transactions  for Berkshire County and northern Litchfield County Market Perspective  –February 2021 Real Estate Market Report from the Berkshire Board of REALTORS: Inventory shortages persist. The Self-Taught Gardener  – Do daffodils and tulips make you swoon? Indulge yourself at the annual Daffodil and Tulip Festival at Naumkeag in

  A $350,000 house hit the market in November. After a hectic weekend with 42 showings,  Jeff Nyhan  , a real-estate broker, told Insider that 33 offers flooded in. The home sold for well over its asking price. This kind of mad rush over a coveted property is now typical in  Austin  and  Miami , which have been notoriously competitive hot spots that buyers have flocked to during the pandemic. But the fought-over home Nyhan represented? It's in Manchester, New Hampshire, a city 50 miles northwest of Boston that a new Realtor.com  report  just  anointed  the most competitive housing market in the US in March. The study identified the hottest markets using data on where homes are selling fastest and where buyers click on the most listings. "We're seeing bidding wars," said Nyhan, who works at Coldwell Banker, adding that Manchester properties are selling anywhere from $30,000 to $50,000 over asking price, with people borrowing money from their families so that they can m

  The Flathead Valley real estate market has experienced astronomical demand throughout the past year, and the most recent monthly data continue to show staggering results. According to the Northwest Montana Association of Realtors, buyer demand in March surged ahead unabated, despite rising home prices and mortgage rates. That demand is only tipping the scales ever farther in the direction of a seller’s market. Local inventory, already severely depleted, has been further reduced by typical springtime activity in the market and relaxed COVID-19 policies. “Existing home sellers and new construction activity continue to remain below levels necessary to bring the market back into balance, pointing to a busy and competitive buyer market in the coming months,” stated NMAR’s March market report. Inventory of single-family homes decreased nearly 67% from March 2020 to March 2021. Townhomes and condos saw an even sharper decline year-over-year, down 79.4% from last March’s inventory. From 2019

  Toronto Regional Real Estate Board will use the word 'primary' instead Greater Toronto Area home hunters will soon spot a change to the property listings they browse. The Toronto Regional Real Estate Board's president Lisa Patel says it will use the word "primary" in place of "master," when referencing the main or principal bedrooms in homes in the coming months. The word "master" is often seen as a reference to racism, sexism and slavery. Patel says in an email that the change in terminology will apply to any entries in its MLS system, on TRREB.ca and on its Webforms platform, where realtors share forms with clients. TRREB's board of directors approved the change following a recommendation made by its diversity and inclusion committee. The Canadian Real Estate Association switched to using primary on Realtor.ca last October after a recommendation was made by the Real Estate Standards Organization.

  SWAMIH Investment Fund I to invest up to Rs 171 crore in the township project Dehradun-based Windlass Developer has received approval from SWAMIH Investment Fund I to invest up to Rs 171 crores for its township project – Windlass River Valley. This new funding will help the company complete the ongoing launched phases in the 35 acres integrated township, accelerate development and expand its real-estate scale. Windlass River Valley Township is the largest fully integrated development project of Uttarakhand. SWAMIH Investment Fund I is a category II Alternative Investment Fund formed under the Special Window for Affordable and Mid-Income Housing as announced by Hon'ble Finance Minister, Government of India, to provide last mile funding enable completion of housing projects across the country. Given the headwinds in real estate and the post-pandemic world, this fundraising has become more important due to scarcity in the emergence of capital from any alternate sources, and SWAMIH I

  Investing in real estate could be your missing link to creating financial security. Here's what you need to know before getting started. Plenty of us have heard (and/or been) a jaded millennial talking about how they will  never be able to own a home —but that's hardly the case any longer. In fact, a 2021 report by the  National Association of Realtors  studying generational real estate trends found that millennials (both young and old) are currently the largest group of home buyers at 37 percent. And while a 2020  survey  by Apartment List found 18 percent of millennials do not expect to own a home, half of the millennials in the U.S. are also looking to  invest in real estate  instead of the stock market, according to a 2017  report  by Harris Interactive. Gen Z is also looking to get in on the action, with 83 percent of Gen Zers looking to buy a home in the next five years, according to a survey conducted by real estate research blog  PropertyShark  in 2018. So why all the