Jaimie Adler said it’s getting cramped in the Lexington, Massachusetts, house she shares with her husband, two daughters and an au pair who occupies the former office. They’d sell, Adler said, if more homes were on the market in the Boston suburb.
FivePoint Communities Management Inc. is already constructing a school at its Great Park Neighborhoods project in Irvine, California, for 1,000 elementary and middle school students even as it’s still building the first 700 homes.
Stan Humphries, chief economist at Zillow, says the housing recovery is becoming more widespread as home values rose for a 16th straight month in February. Humphries talks with Bloomberg's Vonnie Quinn on Bloomberg Radio's "Taking Stock."