In this Real Estate Now, we cover a fun assortment of articles! Take a look at Modern Miracles, where you’ll have the opportunity to look at seven new contemporary design homes. Read through a conversation about Millennials and the housing market before taking a leap to the skies and contemplate real estate – on the moon! Finish off with a few more, including an article regarding a popular real estate website placing an inapplicable estimate on its CEO’s home!
“A truly “modern” home is a tough concept to nail down. After all, Mid-Century Modern defines a wildly influential style of architecture that first hit its stride in the Eisenhower era. And hey, every home built right now is modern—if we’re going strictly by Merriam-Webster. However, some homes built in 2016 are modern in the architectural sense of the word.”
“To understand the slow-motion trends in single-family housing, start by looking at the oil market: It took years of oil priced around $100 a barrel to spur the investments that drove higher production, leading to the current supply-driven glut and prices closer to $50 a barrel. The levers of supply and demand worked, but they worked slowly — as is happening in the housing market.”
“The idea of arguing over real estate on the moon may seem silly—like a con man trying to sell a tourist the Brooklyn Bridge. But in a new paper, co-author Martin Elvis, an astrophysicist at the Harvard-Smithsonian Center for Astrophysics, makes the case for society to start thinking carefully about lunar real estate before a crisis is thrust on us. “
“Since revealing plans for their modern eco-village at the Venice Biennale at the end of May, ReGen Villages and architectural partners EFFEKT say they have seen a “firestorm” of viral activity and 6,500 interested emails. “What they are saying is: ‘We want in desperately: this is our dream,’” says California-based Ehrlich.”
“Intuitive” apartments with moving surfaces and foldaway furniture will feature in the first residential development from the team behind Yo! Sushi and Yotel, which is currently awaiting planning permission.”
“The next time you’re surfing popular real estate listings site Zillow for a new home and stumble across a “Zestimate” — the company’s estimate for a property’s value — you might want to take it with a grain of salt.”
Enjoy your read — see you next week! Do you have a response or is there a relevant article I should have included? Send me an email with all questions, opinions, and suggestions to Karla@ChampionsSchool.com!
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