Author: Agggregated News

April 2024 Home Value: $774,262 YoY Percentage Change in Home: -4.51% YoY Dollar Change In Home: -$36,597 Located in the San Francisco Bay Area, just a heartbeat away from Berkeley, California, Emeryville is one of the area’s tiniest towns, at just 1.2 square miles. Though it’s smack dab beside wealthy neighborhoods, it appeals to people with a wider range of income levels. According to a San Francisco Chronicle review, Emeryville is “a surprisingly dynamic place filled with scenic trails, historic architecture, a well-established art scene, unique food options galore and…

©Shutterstock.com California’s unique and wide range of beauty — from mountains great for skiing, to lakes, hiking trails and bustling cities — have long attracted people to live amidst its famed golden hills. However, with those qualities often come extremely high prices. Check Out: 7 Locations Where Housing Prices Are Plummeting Post-Pandemic Up Next: 4 Genius Things All Wealthy People Do With Their Money But while many parts of the state do remain pricey to buy a home, some cities in California are showing signs of a housing decline that…

(Newmark/Peter Jograj) Horizon office complex on Oakmead Parkway in Sunnyvale. SUNNYVALE — A big office complex in Sunnyvale that could be replaced by housing has been seized by its lender, a foreclosure that suggests the Bay Area’s office market remains feeble. Horizon Sunnyvale, known in commercial real estate circles as a “horizontal highrise” due to its massive end-to-end length, has suffered foreclosure and has been returned to its lender. Housing development facade of a 315-unit residential project consisting of apartments and townhouses, located at 1230 through 1290 Oakmead Parkway in…

SUNNYVALE — A big office complex in Sunnyvale that could be replaced by housing has suffered a foreclosure, suggesting the Bay Area’s office market remains feeble. Horizon Sunnyvale, known in commercial real estate circles as a “horizontal high-rise” due to its massive end-to-end length, has been returned to its lender. Housing development facade of a 315-unit residential project consisting of apartments and townhouses, located at 1230 through 1290 Oakmead Parkway in Sunnyvale, concept.  Loancore Capital REIT took back the office complex through a foreclosure that valued the property at $57.3…

California’s housing market is back in business! April saw a significant resurgence, with both monthly and yearly sales figures climbing. According to the California Association of Realtors (C.A.R.), the statewide median home price hit a record high, surpassing $900,000 for the first time. C.A.R. President Melanie Barker highlights the market’s strength, crediting buyers and sellers for adjusting to the new reality of higher interest rates. Market fundamentals are looking good too, with more competition leading to faster sales. Nearly half the homes sold above asking price – the highest rate…