TheFutureParty
A Community-based Media Company
Wealthy Americans are now looking to build or move into homes free from the technology that makes everything customizable but overly complicated. The Big Picture: Home automation has grown into a $100 billion industry that’s poised to explode with the inclusion of AI. But with even tech execs telling their real estate agents to ditch […]
As the survivors of the destructive Palisades and Eaton Fires try to recover, they’re now dealing with soaring rental and mortgage costs as some landlords try to take advantage of the crisis. Why It Hurts: The LA housing market is already one of the most challenging in the nation, thanks to a lack of available homes and sky-high […]
Housing start-up Haus.me is rolling out a tiny home that’s small enough to fit anywhere you want… without needing expensive permits. The Small Picture: You don’t need another reminder that housing is the most expensive it’s been in decades, thanks to rising home costs, property prices, and mortgage rates. Any solution that allows people to own a home for as […]
New data shows that the median age of first-time home buyers has reached a record high while the prices of new cars have multiplied, shifting the demographics of the American Dream. Why It Hurts: The price tags on homes and cars are so unsustainably high that most young people have no chance of affording them without major financial help. Behind […]
Zillow is rolling out a new feature that shows the climate risks tied to properties for sale on the platform — realities that could majorly affect homebuyers’ decisions. The Big Picture: As extreme weather dominates the headlines more each day, the home-buying mantra of “location, location, location” has never been more important. Between the Listings: In partnership with non-profit […]
Walmart completed the first commercial real estate project using 3D-printed technology at one of its Supercenters — a groundbreaking undertaking that wasn’t without its problems. The Big Picture: 3D-printing is likely the future of construction, as it theoretically will make projects quicker to complete and cheaper to produce. But right now, there are plenty of growing pains that […]
The Future. Climate change is spiking homeowners’ insurance rates across the country — even in areas previously considered safe. As economists warn of an impending housing bubble, how the government responds to this challenge could ultimately determine whether the market deflates slowly or pops suddenly — with far-reaching economic consequences. An inconvenient truthAs wildfire and flooding turn assets into […]
The Future. A new Costco coming to South Los Angeles will be the site of an experimental residential complex — a project that could help ease the housing crisis in the city. If demand from both renters and shoppers is high, the mixed-use building could be a blueprint for similar projects in other major metros… […]
The Future. Millennials — financially kneecapped from owning a home thanks to low supply, high interest rates, and soaring housing prices — are increasingly pouring their extra cash into renovations of their rental apartments. If landlords keep the renovations intact even after tenants leave, millennials could push to receive a fraction of the revenue generated […]
The Future. As home valuations soar, Wall Street wants to take a piece of the future upside in exchange for giving owners cash today. It’s a bet that homeownership will only get more expensive, making home equity one of the biggest untapped markets for investors… and a sign that first-time buyers may need to search […]