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 […]
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 […]
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 […]
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 […]
It’s been a wild real estate ride over the last few years. After a red-hot market characterized by very low interest rates and frenzied bidding wars, mortgage rates increased to their highest level in more than 20 years. The average rate for a 30-year mortgage more than doubled between August 2021, when it was just […]
