California is known for many things: the beaches, theme parks and famous landmarks. And, one less popular aspect: the price. House hunters may find properties in the $1 million range in Bakersfield, Fresno and even San Diego. But in San Francisco or Los Angeles, you may find less than what […]
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While Covid was battering the U.S. economy, Gary Goldberg seems to have done OK. During 2020, the pandemic’s first year, the Santa Barbara, California, real estate agent sold more than $27 million worth of luxury homes, slightly down from the $31 million he closed the year before, according to data […]
Michael is Chief Executive Officer of Kiavi. getty For generations, real estate has proven to be a successful way to build wealth in America. People buy a home, often build equity over time, then sell their home. CNBC reported in December that close to 95,000 homes were flipped in the […]
Following are real estate transactions over $5,000 as listed in records of the Erie County clerk’s office for the week ending April 8, 2022. • 12387 Westwood Road, Carol Freeman; Peter Freeman; Carol A Freeman Irrevocable Lifetime Trust 012517 Tr to Courtney K. Budzinski; David J. Piatkowski, $235,500. • 12710 […]
Source: FactSet; Chart: Axios Visuals Looks like America’s home buying binge is winding down. There’s a vibe shift visible in both the official data and in the anecdata from sellers, buyers and brokers. Why it matters: This is just what Jerome Powell ordered. The slowdown means the Fed’s rate hikes […]
More than 2,400 people became real estate agents in Colorado in 2021. It was the biggest jump in a decade for the state. DENVER — While other industries have struggled to hire during the pandemic, Colorado’s real estate business brought in more workers than it has in a decade. In […]
A customer looks at listings on display outside a Brown Harris Stevens offices in New York. Brendan McDermid | Reuters The rise of reality TV shows featuring real estate has been “horrible” for the industry and the image of its brokers, a top brokerage CEO said Thursday. “This is not […]
Not that long ago, a home buyer would start a search with the Sunday newspaper. Now it’s straight to Zillow or similar sites like Redfin or Realtor.com One recent buyer told Boston 25 News, “I use it all the time. We just bought our house a year and a half […]
Real estate consultant Nicholas Gerli says the next housing crash won’t be “binary.” Instead, it’ll be mostly driven by several overvalued cities where annual home costs have surged. Using this calculation, Gerli shared the top 15 cities in the US most due for a correction. The real estate market may […]
The market turmoil caused by rising rates and continued uncertainty has soured growth prospects in nearly every sector of the economy, including life sciences, biotech and lab real estate. After record-setting raises, cresting at $43.3B in 2021, the biotech industry started 2022 with growth curtailed, shifting expectations and venture capitalists and fund […]
Talk of a likely housing bubble has intensified amid surging housing costs. As buyers grapple with rising rates and home prices, demand has begun to wane. The housing market is showing signs of cooling — but a housing crash is unlikely. Loading Something is loading. Speculation about a possible housing […]
What will home prices do this season, and into 2023? Getty Images Home prices have been on a rapid ascent: Depending on which gauge you look at, US home prices have been rising at a pace of 15% to 20% a year. But pros say that rapid ascent is likely […]