W. J. Mencarow

Economists: It Will Take 7 Years To Fix the Housing Shortage at Current Construction Pace

Published by REALTOR.com | March 10, 2025 The supply gap improved moderately in 2024, but the country still fell 3.8 million units short of meeting demand relative to new household formations and pent-up demand. The U.S. housing shortage will take more than seven years to fix at the current rate of construction, according to a …

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Older Americans Are Moving Out of These States as Property Taxes Soar

Published by REALTOR.com | March 7, 2025 Parts of the U.S. with low to moderate property tax rates have been seeing an influx of retirees who are leaving areas with high tax rates. Sky-high property taxes in large metros like New York City, Philadelphia, and Chicago are driving retirees out and fueling an internal migration …

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U.S. Commercial Real Estate Is Headed Toward a Crisis

Published by Harvard Business Review |  July 23, 2024 The risks of U.S. commercial banks being overexposed to CRE have intensified as the global pandemic upended long-held economic assumptions: perpetually subdued inflation, low interest rates, and in-office work. U.S. banks face a reckoning: Over the next two years, more than $1 trillion in commercial real …

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New Path To Real Estate Wealth: Investing Without Buying Your First Home

Published by Forbes.com | February 27, 2025 While investing in real estate sounds intimidating, it’s easier than many people think. Investing in real estate feels more like a dream than a reality for many people right now. With cities like New York, Los Angeles, and Miami being more expensive than ever, the days of starter …

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Zombie Foreclosures Are on the Rise in 5 States

Published by REALTOR.com | February 21, 2025 A zombie foreclosure occurs when a homeowner abandons their property after receiving a foreclosure notice, but before ownership of the house is transferred. Zombie foreclosures are popping up across the U.S. as homeowners struggle to make monthly mortgage payments—with rates still hovering close to 7%. There are at …

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What Is House Hacking, And Is It A Solution To The Housing Problem?

Published by Forbes.com | February 24, 2025 Many homebuyers and renters struggle to find affordable housing – and some can’t find housing at all. House hacking is one possible solution. Housing in general — and affordable housing in particular — continues to be a major problem for many Americans. Depending on the source, there are …

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