A family in France will soon be the first in the world to move into a house completely printed and constructed from a 3D printer. The four-bedroom home in Nantes, France, sits at 1,022 square feet, and is a collaboration between the city council, a housing association, and the University of Nantes. Francky Trichet, the council lead on technology and innovation, says he believes the 3D-printed home process will disrupt the construction industry an
A shortage of homes for sale and tough competition from other prospects may be prompting more buyers to suffer from remorse post-purchase, according to the latest ValueInsured Modern Homebuyer Survey.Sixty-two percent of Americans believe people who buy a home now will have remorse about the purchase within a year due to the cost, according to the survey.“Home payments in some areas are swallowing up 45 percent of local median income,” Val
A judge granted a temporary extension to prevent the evictions of Puerto Ricans who fled to the mainland following Hurricane Maria. About 1,700 Puerto Ricans evacuees were granted a 20-day extension, a federal judge ruled this week. Originally, the families were set to be evicted June 30, before U.S. District Judge Timothy Hillman of Massachusetts extended FEMA’s Temporary Shelter Assistance to last until July 23.However, the 20-day extension i
Mortgage rates were back down across the board again this week, offering some temporary relief to home buyers. Rates posted a rapid increase throughout most of the spring but have recently reversed course, declining in five of the past six weeks. The 30-year fixed-rate mortgage is now at its lowest average since April.“The run-up in mortgage rates earlier this year represented not just a rise in risk-free borrowing costs, but for investors, the
More real estate transactions are reportedly tying in a “bump clause” to give sellers some assurance that they are receiving the best offer. A bump clause allows sellers to enter into a contract with a buyer but continue to market the property. If the seller then receives a better offer, they can bump the original buyer to get them to waive their contingency or offer more.The bump clauses are usually used when a contingency is involved in the
Homeowners in some affluent neighborhoods across the country are lobbying city and state representatives to fight against noise from overhead planes that fly over their communities since new flight routes were recently implemented. Owners are posting signs in their yards and have even developed technology to make filing complaints as easy as the press of a button.In 2013, the Federal Aviation Administration’s Next Generation Air Transportation
An invention by a 3D printing company may raise the ante for how smart a building can be.NOWlab, a branch of the 3D printing company BigRep, has developed concrete walls that respond to touch. In its model, a slab of 3D-printed concrete with a honeycomb design, three LED lights embedded in the hexagonal holes light up when skin touches the concrete.The design uses capacitive sensors in the concrete to turn the entire wall into a light switch; the
Vacancies are growing in the retail sector after the closings across the country of former toy giant, Toys ‘R’ Us. The retail sector saw its largest quarterly declines since 2009, according to a newly released report by Reis Inc.The amount of occupied retail real estate in 77 major metro areas fell by 3.8 million square feet in the second quarter, Reis reported. Toys ‘R’ Us closures were mostly blamed for driving the national retail vacan
Having a roommate is a growing trend among young adults, according to new research from the National Association of Home Builders. About 7.5 percent of young adults aged 25 to 34 years old shared a house with roommates, housemates, or other nonrelatives in 2016—up from only 4 percent in 1990. In addition, more young adults nowadays are living with their relatives (other than parents)—3 percent in 1990 compared to 5 percent in 2016. More are l
Yelp’s local search and reviews site does not need to remove negative comments posted by a user about businesses or services, the California Supreme Court ruled Monday, in a 4-to-3 decision. The closely watched case in California could have implications nationally.The court ruled that federal law protected internet companies from liability for statements written by others. As such, the decision to remove posts is at the company’s discretion,
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