It's that time again: Lunar New Year. Red packets of money will change hands and dragon dances will roar through the streets as people around the world, predominately of Chinese descent, usher in the Year of the Horse. Beyond the usual Lunar New Year traditions, however, is a holiday full of interesting quirks and customs.
Forget waiting weeks or months for your new home to be ready. Researchers from the University of Southern California created a 3D printer that can build a 2,500 square-foot house in 24 hours.
Here’s some quantifiable proof of how the Bay Area housing market is squeezing out the little guy: The percentage of homes going to all-cash buyers soared from 14 percent to 27 percent over the course of last year
Now that the housing market has stabilized, more and more homeowners are considering moving up to the home they have always dreamed of. Prices are still below those of a few years ago and interest rates are still below 5%.
SF Examiner: SF Home Buying Market Expected to Remain Potent
This current mentality in the housing market also characterized much of 2013: “If I don’t buy this house now, then next month it’s going to be more expensive,” according to Krishnan.
