 Your new post is loading...
Your new post is loading...
In March, the U.S. CoreLogic S&P Case-Shiller Index flattened out at a 6.5% year-over-year gain, the ninth straight month of annual appreciation (Figure 1). With the rebound in appreciation since early 2023, home prices are now up by 2.7% compared with the June 2022 peak.
Scientists have created a four-legged bio-inspired robot that climbs like no other. It clings to rough vertical surfaces utilizing a unique mechanism that is highly effective, yet at the same time relatively simple.
In a world first, the researchers who used waste coffee grounds to make concrete that’s 30% stronger are putting their innovative material to the test by laying sidewalks made of the stuff to see how it fares when it's subjected to foot traffic.
A new modular mobile flyover bridge allows vehicles to drive right overtop of stretches of highway roadwork, instead of waiting to go around them. Known as the ASTRA Bridge, it's intended to make life easier for motorists and safer for roadway workers.
After its launch last week, the feature, which is supposed to “do the Googling for you” and keep the search engine relevant in the AI era, was caught falsely stating that:
Barack Obama is Muslim. (He’s not.)
No African country starts with the letter K. (It forgot Kenya.)
Thirteen US Presidents went to the University of Wisconsin–Madison. (None did.)
More concerningly, a Redditor claimed the feature told them one way to deal with depression is by “jumping off the Golden Gate Bridge,” citing a Reddit post for the advice.
The Department of Veterans Affairs plans to temporarily lift its ban on buyers directly paying for professional real estate representation until the agency deems it necessary to engage in a formal rulemaking process, a VA official said Tuesday at a Mortgage Bankers Association conference in New York.
Switch Maritime has revealed that the US Coast Guard has given the green light for the first hydrogen passenger ferry in the US to enter commercial service. The Sea Change is expected to start full operations later this year.
His latest venture, BrainBridge, plans to use high-speed robotic systems to preserve brain condition while a head is transplanted onto a compatible donor body. (Doesn't then make this a body transplant? We guess there are a few more pertinent questions to ponder here first...)
Most modern cities are full of unused plots of land that are typically considered too small to build housing on, but a skinny apartment building by ISA (Interface Studio Architects) shows that with a little ingenuity, shrewd designers can make use of even the most awkward piece of land.
Total housing inventory2 registered at the end of April was 1.21 million units, up 9% from March and 16.3% from one year ago (1.04 million). Unsold inventory sits at a 3.5-month supply at the current sales pace, up from 3.2 months in March and 3.0 months in April 2023. For homes priced $1 million or more, inventory and sales increased by 34% and 40%, respectively, from a year ago.
The monthly median price of $292,000 in April 2024 was 8.1 percent higher than it was in April 2023 at $270,000. The median is a typical market price where half the homes sold for more and half sold for less.
Etienne Constable said he received the letter in July 2023. The city required him to build a 6-foot coverage screen in front of his boat. After discussing the plan with his artist neighbor, Constable said he decided to follow the letter of the law and build the fence, but with a lifelike painting of the boat on it.
Called "Before They List®," this innovative app facilitates the collection of specific property information. It gauges interest in a given homeowner's property from other practitioners within an office and evaluates market viability. Practitioners may then report findings to the prospective homeowner, providing an efficient means of potentially generating a listing agreement.
|
The German Society for Nature Photography (GDT) has announced the winners of the 2024 Nature Photographer of the Year, who’ve captured the beauty of nature – everything from the wildest panorama to the creepiest of creepy-crawlies.
These mini-pyramids scatter 73% of the light that hits them, which gives the material that frosted look. But despite that, it’s surprisingly more transparent to light than regular glass – 95% transmittance compared to the usual 91% of most glass. The team says that makes for a more comfortable lighting not just for people, but plants as well.
Kenworth has unveiled a sleek-looking SuperTruck 2 at the Advanced Clean Transport expo in Las Vegas, attempting to squeeze the maximum possible efficiency out of a diesel powertrain. It works, too, beating the company's most efficient truck by 100%.
Nationally, the Home Buyer Competition Index — which captures how quickly homes move out of the market — shows that competition has soared in the last five years, rising from a low of 39 in April 2019 to 99 — almost the max — for all of 2021 and most of 2020. And although competition has moderated a bit in 2023 and 2024, it still remains far above pre-pandemic levels.
Xome®, a leading online real estate marketplace, today announced its DIY sales platform, which allows investors full transparency and control from their property listing to post-closing, all in real time and with no seller’s fees or agent required.
French post office La Poste has introduced a stamp designed by Stéphane Humbert-Basset that gives off the scent of bread when scratched to celebrate the baguette.
The stamp has a "bakery scent", which was achieved through the use of microcapsules that are embedded within the ink of the stamps to provide the bread-like fragrance, reported French newspaper Le Monde.
Mele took the president role at Homes.com nearly 10 years ago after a run in local news publishing with The Virginian-Pilot. During his tenure with Homes.com, Mele oversaw the company's acquisition by CoStar in 2021 and its rise as a major player in the home search space.
The DEAP Trees essentially mount Distributed Energy Access Points to posts positioned at the curbside. A hinged swingarm holds the charging cable above the street, and pivots down when it's time to plug in. Gravity says that the solution doesn't require utility upgrades, and offers 200-kW charging for up to 200 miles of range in 13 minutes or just 5 minutes at 500 kW.
Brinc estimates that the drone can resolve about 25% of calls without dispatching officers. For example, the drone can deliver medical supplies, and handle other low-priority calls that don’t require human intervention.
Last month, closed sales of existing single-family homes statewide totaled 24,682, up 5.8% year-over-year, while existing condo-townhouse sales totaled 10,228, up 1.9% over April 2023. Closed sales may occur from 30- to 90-plus days after sales contracts are written.
April’s sales pace rose 3.0 percent from the revised 267,470 homes sold in March and increased 4.4 percent from a year ago, when a revised 263,960 homes were sold on an annualized basis. The sales pace remained below the 300,000-threshold for the 19th consecutive month. Year-to-date home sales grew 1.6 percent.
Under Redfin Next, agents in these markets earn competitive splits as high as 70%, have virtually all business expenses covered, and get technology, support, benefits and customer introductions from Redfin.com
|
