Nationwide Real Estate News: June 7, 2013

Nationwide Real Estate News: June 7, 2013

Philadelphia Real Estate

 

Here’s the latest real estate news for the Philadelphia Real Estate community and across the country.  Feel free to pass the news along to your friends, colleagues, and clients. Happy Friday!

Homebuilders Struggle to Find Workers

After the housing bust, many workers left the building trade in droves, said Michael Fink, CEO of Leewood Real Estate Group in Trenton, N.J.

http://money.cnn.com/2013/06/03/real_estate/homebuilders/index.html?section=money_realestate&

No, The Housing Market Is Not Stalling

Back in April, there were signs suggesting that the U.S. housing recovery was stalling.

http://www.businessinsider.com/housing-recovery-is-real-2013-6

McMansions Are Making A Comeback

During the past three years, the average size of new homes has grown significantly, according to a Census Bureau report released Monday.

http://money.cnn.com/2013/06/04/real_estate/home-size/index.html?section=money_realestate&

The Latest Urban Development Trend: Less Elbow Room

Cities with high real-estate prices and housing shortages are encouraging add-on housing.

http://online.wsj.com/article/SB10001424127887324059704578470881055711540.html

Post compliments of the CenterCityTeam Philadelphia Real Estate Blog

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Frank L. DeFazio
Prudential Fox & Roach — Society Hill
530 Walnut Street, Suite 260
Philadelphia, PA 19106
Cell: 610-636-4364
Licensed in Pennsylvania