#real-estate-market

#real-estate-market

The NFL draft-day deals and QB selections have a significant impact on a player's career and potential longevity in a city. [ more ]

Experience living like a president in Richmond, London without the responsibility of running a country. [ more ]

The Asparagus pub in Battersea has permanently closed along with other Wetherspoons in south London.

The Wetherspoons chain made a commercial decision to sell the pubs, which will continue to operate until sold. [ more ]

Northeastern University plans to acquire Back Bay Hilton for student housing. [ more ]

Mortgage applications have increased despite rising interest rates. [ more ]

Boston's 02115 ZIP code is the nation's most expensive in terms of median home price per square foot.

Limited inventory and high demand result in bidding wars and properties going over asking in Back Bay's real estate market. [ more ]

65% expect double-digit increase in home value in 5 years.

31% anticipate 20% or more rise in home value over 5 years. [ more ]

Notaries have unique authority within a bank setting.

Notarization process is dependent on the presence of the specific notary. [ more ]

Generation Z is financially savvy, successfully buying homes in affordable metros despite high prices and competition. [ more ]

Variety of affordable housing options under a million dollars in different NYC neighborhoods [ more ]

Three-deckers were historically a way for working-class families to enter the housing market and build wealth through rental income.

Affordable three-deckers are now more likely to be found in cities outside Boston like New Bedford, Fall River, Lawrence, Lowell, and Worcester. [ more ]

Homes priced below $100,000 are available in various communities.

Many affordable homes are move-in ready and may leave cash for updates. [ more ]

Inland Empire in California saw a significant increase in homeownership rate from 2019 to 2023, driven by affordable housing and work-from-home trends.

Other California regions like Fresno and Sacramento also experienced a rise in homeownership rates due to various factors including cheaper mortgages and increased building permits. [ more ]

The real estate market in San Jose, California, is seeing high property values and prices per square foot for single-family homes.

The properties mentioned are well-maintained, with desirable features such as multiple bedrooms, baths, and fireplaces, reflecting the upscale nature of the neighborhood. [ more ]

Property on Arlington Lane sold for $2,780,000 on March 15, 2024.

Recent sales in the area indicate high property values. [ more ]

The house on Meridian Avenue in San Jose was recently sold for $1,809,000, showcasing a roomy floor plan with four bedrooms and three bathrooms.

Other nearby homes in San Jose also changed hands with varying prices and features, indicating the diverse real estate market in the area. [ more ]

Millennials and Gen Z aspire to homeownership despite challenges in the real estate market. [ more ]

High home prices may lead to long-term homeownership.

Housing tenure is influenced by factors like age and state tax policies. [ more ]

California has the most million-dollar cities, while some areas are losing the million-dollar status due to various factors. [ more ]

Extended rail service to Boston will boost housing development in Southeast Massachusetts.

Growth in interest in Bristol County housing market despite increasing prices. [ more ]

Redfin stock fell after NAR verdict, CoStar Group's Homes.com shares rose.

CoStar Group may benefit from NAR settlement by making seller agents more important. [ more ]

Rain can signify the end of winter and the start of spring.

Rain can bring a refreshing quality and symbolizes a fresh start. [ more ]

Bill Gates sold his midcentury home in Medina, WA shortly after listing for a price that aligns with the area's real estate market. [ more ]

The Colorado home where a tragic murder occurred is being sold at a significant markup despite its dark history. [ more ]

Younger millennials rely on family help to buy homes.

Millennials are the largest group of homebuyers, with older members more likely to be repeat buyers. [ more ]

Travis VanderZanden listed his South Florida home for $8,490,000, looking for a profitable return from its 2023 purchase price of $6,800,000.

VanderZanden faced a significant loss of about $11 million on a Los Angeles property, bought for $21.7 million in 2020 and sold for $10.8 million after being on and off the market for several years. [ more ]

Million-dollar homes are becoming the norm in cities due to rising house rates.

Micro-living and tiny homes are gaining popularity as people embrace the idea of living in cosier spaces. [ more ]

Merv Griffin's estate, known for its Moroccan style, is on the market for $36 million.

The property, originally built in the 1980s, was a horse ranch where Griffin kept over 50 horses at a time. [ more ]

Judy Garland's former Bel Air home is on the market for $11.49 million

The 1938 estate was designed by architect Wallace Neff and has modern luxury features mixed with old Hollywood charm [ more ]

Spacious property in Palo Alto with a 2,995-square-foot house sold for $5,110,000, indicating a price per square foot of $1,706.

Recent property sales in Palo Alto showcase varying price per square foot ratios; $1,672, $2,330, and $1,548 across different properties. [ more ]

Housing market in Palo Alto

Comparative property prices in the area [ more ]

The house on 400 Pamlar Avenue sold for $1,840,000 at $1,375 per square foot with two bedrooms and one bath.

Recent property sales nearby in San Jose show varying prices per square foot for homes with different sizes and amenities. [ more ]

Housing market details in Danville, CA.

Comparison of recent home sales in the area. [ more ]

Home sales in Greater Toronto Area down 4.5% from last year.

Average home price rose 1.3% year-over-year amidst buyer competition.

Affordability remains a challenge for prospective buyers in Toronto. [ more ]

First-time home buyers face challenges in high-priced, low inventory markets with high mortgage rates

Realtor.com study ranks 10 best U.S. markets based on various metrics for buyers aged 25-34 [ more ]

The Colorado Tudor where JonBenét Ramsey was found dead has failed to sell despite price cuts.

Properties associated with tragic events can significantly impact property values and desirability. [ more ]

First-time homebuyers should give themselves at least six months to find a home.

Consider market competition, location, and budget when deciding when to start home search. [ more ]

Mortgage rates rose to 6.87% for a 30-year fixed home loan.

Increased listings in spring may boost housing market despite elevated rates. [ more ]

Quay Tower penthouse at $6.5 million was Brooklyn's priciest home sold in a week.

Brooklyn's luxury market saw an increase in contracts for homes over $2 million. [ more ]

Apartment rents in Los Angeles rebounded with a 0.4% increase per square foot in February, following a 0.2% rise in January.

Local property managers in Los Angeles rely more on concessions due to modest renter demand. [ more ]

Gemdale USA is looking to sell an office campus in Calabasas for $82 million, just $3 million more than its purchase price in 2021.

The building was originally bought by Rising Realty and Fortress Investment Group in 2013 for $38 million and sold in 2021 when it was 92% leased. [ more ]

Josh Flagg moves from Douglas Elliman to Compass with over $400 million in listings

Flagg's clients include A-list celebrities and luxury brands like Rihanna and Prince Abdullah of Saudi Arabia. [ more ]

Awkward moments for listing agents can arise when properties have unique decor.

Effective communication about the importance of decor can impact the appeal and sale price of a property. [ more ]

Lowering interest rates will not fix Canada's housing affordability problem, according to Bank of Canada governor Tiff Macklem.

The real issue is the shortage of housing supply, caused by factors such as zoning restrictions and delays in the approval process. [ more ]

Upside of finding a buyer for Diane Kruger and Norman Reedus' New York City townhouse

Location of the property being in Greenwich Village with amenities like a rooftop space [ more ]

Luxury home sales in Orange County increased, averaging $25 million without any deals over $45 million.

Higher interest rates and lower inventory impacted luxury home sales, leading to fewer sales despite the high prices. [ more ]

The Breezes is a historic lakeside Tudor in Tuxedo Park listed for $9,980,000 with original features like Baccarat chandelier and Tiffany windows.

The property is considered a 'trophy' estate due to its historical significance, including unique fixtures, antique fountain, and original safe in the kitchen. [ more ]

Utah's luxury real estate market features diverse high-end properties reflecting the state's unique charm and allure.

Highlighted homes in Utah showcase luxurious amenities, spacious living areas, and expansive outdoor features. [ more ]

The median price of detached homes in Marin County saw a year-over-year decline of 7% while the Bay Area experienced a 10.6% increase.

Discrepancies in median price data between the county and the Realtors' association highlight differences in data sets and potential factors like off-market sales. [ more ]

The Chris Mark Castle has significantly decreased in price over the years.

Various unique homes, such as a former church and a modern farmhouse, are gaining attention in the real estate market. [ more ]

AI startup Captions signed a 3-year lease for 15,202 sqft at $85/sqft in Union Square, doubling its office space.

AI firms like Captions are driving demand in office markets, contributing 1.7 million sqft of new demand in January. [ more ]

The original Bellevue home where Amazon was first founded has been sold with significant historical value.

Jeff Bezos kickstarted Amazon in the garage of the now-reconstructed property in 1994, starting with a vision for an online bookstore. [ more ]

Virginia's wine industry has grown significantly over the years to more than 300 wineries.

Buyers are showing interest in purchasing a picturesque property in Virginia, with potential for both residential and winery use. [ more ]

Luxurious property near popular LA landmarks

Features include natural materials, top-floor primary suite [ more ]

The Spanish Revival home in San Marino, CA boasts spaciousness and local history, with a conservation pit in the middle of a koi pond.

The home has been on and off the market since 2023, with an asking price of up to $18,200,000. [ more ]

Bob Knakal, a top commercial sales broker in New York City, has created a detailed map of every property in Manhattan below 96th Street on the East Side and 110th Street on the West Side.

The map, created during the early months of the pandemic, is regularly updated and color-coded to indicate which properties are for sale, recently sold, owned by the city, under construction, or potentially underutilized for future deals. [ more ]