Category: Real Estate Marketing
Boise Real Estate Market Steady Amidst California’s All-Time Low – KIDO Talk Radio
While the California housing market is experiencing unprecedented lows, Boise, Idaho, is appearing reasonably stable during a tumultuous time of real estate. As the Golden State sees prices plummeting by up to 40% in some cities, Boise maintains its allure for both buyers and sellers. It’s been reported that in the Bay Area, homes are shedding millions in value practically overnight, according to Savvy Dime. So, while California sellers are slashing prices out of desperation to offload their properties, Boise homeowners can breathe a sigh of relief, knowing that their investments are holding…
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California home sales lose steam in March while median home price hits seven-month high, C.A.R. reports – PR Newswire
Existing, single-family home sales totaled 267,470 in March on a seasonally adjusted annualized rate, down 7.8 percent from 290,020 in February and down 4.4 percent from 279,700 in March 2023. March’s statewide median home price was $854,490, up 6.0 percent from February and up 7.7 percent from $793,260 in March 2023. Year-to-date statewide home sales were up 0.7 percent. LOS ANGELES, April 17, 2024 /PRNewswire/ — California’s housing market lost momentum in March as sales fell on a year-over-year basis for the first time in three months after registering back-to-back…
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Tiny 384-square-foot home lists in California — for $1.7 million. What’s the deal? – Yahoo News Canada
A home that is roughly the same size as a small Beverly Hills closet has landed on the market in Cupertino, California, and has some people seeing red. The house is a total of 384-square feet and is listed for a whopping $1.699 million. While some people from out-of-state might be shocked, others are shrugging and pointing out the obvious. Bedroom “It’s time to bring out the old cliché which just happens to be the truth — it’s location, location, location,” David Stark, a spokesperson for the Bay East Association…
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Industrial Sales Report – Industrial Property Prices Hold Steady – CommercialSearch
Despite a downturn in industrial sales volume attributed to higher interest rates, tightened capital markets and a shift toward normalizing demand, the industrial property market hasn’t seen any significant discounts. Even with sales figures experiencing a dip in recent quarters, the average sale price of industrial properties continues to rise with a 9.6% quarter-over-quarter increase and a 2.0% year-over-year uptick. In fact, according to the latest U.S. industrial market report from CommercialEdge, nationwide industrial sales reached $5.7 billion in the initial two months of 2024 with properties trading at an…
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