With low housing inventory offering homeowners few options to trade up this year, they continued their fervor for renovation projects—inside and outside the house. Many would-be move-up buyers still intend to sell their current home, but they're waiting out the market. So, the hottest home improvement trends this year were geared toward resale, as owners plan on getting the most bang for their buck when they do decide to sell. Here are five of REALTOR® Magazine's most-read home and design articles in 2023.
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In the News
Proptech advances toward 2024 Recent and upcoming innovations in property technology include Landing's partnership with Clear for enhanced apartment rental security, HappyCo's AI-driven maintenance management technology for multifamily properties, and various other proptech advancements in areas like tenant experience, energy conservation, and smart lock testing. Full Story: Commercial Observer (12/19)
Annie Potts brings New Orleans style to LA home Annie Potts, known for her role in "Designing Women," has renovated her Los Angeles home, infusing it with New Orleans-inspired elements. Potts, an avid collector and decorator, arranged her extensive art and furniture collections in the home with input from professional decorators. Full Story: Architectural Digest magazine (12/20)
Feds file suit alleging predatory lending by developer The Justice Department in conjunction with the Consumer Financial Protection Bureau has brought its first lawsuit alleging predatory mortgage lending. The lawsuit is against Texas developer Colony Ridge Development, which is accused of "bait and switch" tactics targeting Hispanic homebuyers. Full Story: The Associated Press (12/20),American Banker (12/20)
The National Association of REALTORS® is America's largest trade association, representing more than 1.5 million members involved in all aspects of the residential and commercial real estate industries. REALTOR® Magazine is the official magazine of NAR, bringing expert insight to real estate trends, tools, and business strategies.
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