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A decade after the bubble burst, house flipping is on the rise

April 18, 2018 by ohba

Amid saguaro cactuses and yucca plants, Lauren Rosin shows off a house that she's renovating in Phoenix's Central Corridor, a pricy neighborhood north of downtown. "This was actually a courtyard and I blew it out," she says, pointing to what will now be an extra-large open kitchen with custom cabinets, quartz countertops and chandelier-style lighting. She'll also upgrade the ... Read more

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Boomers and millennials in living room death match

April 18, 2018 by ohba

Portland is facing a clash royale as Millennials and retiring Baby Boomers compete for the same types of property: Close-in urban dwellings where they can walk to services, see their friends and live a clutter-free existence. So said Sheila Martin, director of Portland State University's Institute of Portland Metropolitan Studies. She was on a panel at Metro's headquarters ... Read more

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Central Oregon builders detail hurdles to affordability’

April 18, 2018 by ohba

Housing in Central Oregon is expensive, and consumers aren't the only ones frustrated by the situation. Participants in the Central Oregon Builders Association's first breakfast panel discussion sounded off on April 17 about regulation, a labor shortage and the cost of developing land. All of those factors are contributing to a slow pace of construction, according to ... Read more

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Demand for major remodels remains strong

April 18, 2018 by ohba

Demand for major remodels remains strong

As more long-term homeowners make the decision to stick with the home they have, they are undertaking larger-scale remodeling projects, such as complete room renovations or additions. Due to the complexity of these changes, more homeowners are hiring professionals to assist with or do the entire project for them. While that's great for business, it is pushing out wait times as ... Read more

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Homebuilding isn’t keeping up with growth, development group says

April 18, 2018 by ohba

America's housing shortage is more wide-ranging than cloistered coastal markets, stretching from pricey locales such as California and Massachusetts to more surprising places, such as Arizona and Utah. Some 22 states and the District of Columbia have built too little housing to keep up with economic growth in the 15 years since 2000, resulting in a total shortage of 7.3 ... Read more

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