#HomeIsWhereTheHeartIs

Homeownership makes sense, financially. Here we touch on the emotional or ‘real’ reasons that many Americans strive to become homeowners. The Joint Center for Housing Studies at Harvard University performs a study every year surveying participants for the reasons that American’s feel are most important in regards to homeownership. The top 4 reasons to own a home cited by respondents…

#HomeSearch Process

 , Looking at the interactive graph above, there is an obvious increase of people who started their home search online. Indeed, the share of people using the Internet has increased by 28% since 2004. In 2013, 48% of first-time home buyers and 40% of repeat home buyers used the Internet in their home search process.

Latest #HousingStats

Homebuilders were busier in September, digging more dirt and ready to bring more new homes to the market.  But construction was tilted towards multifamily apartment units.  Single-family home construction still remains well below historical norms.  A housing shortage is a definitive possibility next year unless homebuilders get more active.  

#GrandWailea $30m Renovations

The Grand Wailea, A Waldorf Astoria Resort, will undergo a $30 million renovation to the Maui resort’s guestroom interiors, meeting areas and pools, with a completion date set for early 2015. The rooms were last renovated in 2009. Work on the rooms begin this week and renovations will continue through early spring 2015, with a…