Author: News Feed
Real estate was significantly affected by the global pandemic. Not only did some sellers hunker down and take their home off the market, but other potential buyers were out of work and had to pull their offers. Considering that emotions were already high, the additional steps required to process a transaction became extremely overwhelming. While the market has turned around, there are still some communities with high coronavirus numbers and protocols in place. We will explore why more people chose to sell their home directly in Sacramento during the height of Covid-19, and why they may continue to do so.…
With the 2024 Presidential election fast approaching, you might be wondering what impact, if any, it’s having on the housing market. Let’s break it down. Election Years Bring a Temporary Slowdown In any given year, home sales slow down slightly in the fall. It’s a typical, seasonal trend. However, according to data from BTIG, in election years there’s usually a slightly larger dip in home sales in the month leading up to Election Day (see graph below): Why? Uncertainty. Many consumers hold off on making major decisions or purchases while they wait to see how the election will play out.…
If you can’t afford your dream home just yet and your life can’t fit into a condo, it may seem you’re out of homeownership options. Not so fast. Manufactured homes are a more affordable option that give you space without the same price tag as a traditional stick-built home. But are manufactured homes really a good investment? Can you build equity? Or are they a good option for people on a budget who want to break even? Let’s talk about it. After all, anything is better than renting when it comes to seeing a return on your housing costs. What…
You’ve probably noticed one thing if you’re thinking about making a move: the housing market feels a bit unpredictable right now. The truth is, from home prices to mortgage rates, we’re seeing more volatility – and it’s important to understand why. At a high-level, let’s break down what’s happening and the best way to navigate it. What’s Driving Today’s Market Volatility? Factors like economic data, unemployment numbers, decisions coming out of the Federal Reserve (The Fed), and even the presidential election, are creating uncertainty right now – and uncertainty leads to market volatility. You can see that when you look…
When you want to sell your home fast, not every buyer will do. If you accept an offer, for instance, from someone who has yet to be approved for a loan — your offer is more likely to fall through during escrow. You can protect yourself and streamline the process by choosing to work with a qualified buyer. What is a qualified buyer? There are a few different measurements. Read on to learn about what makes a qualified buyer and how you can choose the right buyer as a home seller. Financial qualifications The main use of the term “qualified…
To focus a client’s search for only the best options, the initial property list shrank to 19 from 47 properties. Subscribe to continue reading this article. Already subscribed? To login in, click here. Originally Published: November 2, 2024 at 5:00 AM PST Source link
Radius Group put together a list to highlight the Santa Barbara medical spaces for sale from our portfolio of commercial real estate properties. Below are links to the respective medical real estate assets in Santa Barbara as well as the address and notes for highlights of the properties. The medical properties below currently have availabilities, and the list is subject to changes with new signed leases. We will update the list frequently as new deals are signed and new assets are added to our portfolio. You can contact our CRE experts directly to find out more about any of the available spaces…
Sterling Plaza Apartments, a distinct, three-story apartment property in Laguna Beach passed down through generations of family owners, recently sold for $7.37 million The sale price amounts to $614,583 for each of the 12 ocean-view apartments. CBRE represented the Bay Area seller, saying it was the first time in 40 years that the property at 2607 Solana Way had sold. “Sterling Plaza Apartments is a one-of-a-kind, highly recognizable property several stories high situated along Coast Highway in Laguna Beach, one of the most highly coveted rental markets in all of California,” said Mike O’Neill, a senior vice president at the…
We put together an updated list of transactions, lease highlights, and development projects around California’s commercial real estate market. The list also covers financial factors that are important for property owners and investors to know. California Commercial Real Estate News Q4 2023 Intuitive Surgical, a Medical Device Company, Inks $157M of Properties in Santa Clara Medical device manufacturer, Intuitive Surgical, recently acquired properties in Santa Clara for a total of $157 million. It is part of a major plan to develop a 1.17-million-square-foot campus in the area. Read More Long Beach and Los Angeles See Surge in Cargo Volumes in 2023…
Is The Block’s juggernaut results about to be stifled by the Victorian government’s new property taxes? Picture: Nine Network. Chaos looms for The Block’s 2024 auctions with show insiders warning Victoria’s tough conditions for property investors could scare off some of its most reliable buyers. Program regulars have warned contentious land tax increases and a looming short-stay accommodation levy will both sting big-spending investors who have dominated the show’s auctions in recent history. RELATED: Six biggest moments from Block’s wild flirting scandal Expert view: who will win The Block this year Question homebuyers aren’t asking that could cost them thousands…