Category: Real Estate Marketing
Real Estate and Housing Market Trends for the Summer 2024 & Beyond – ABC Action News Tampa Bay
Disclaimer: This is sponsored content. All opinions and views are of the advertiser and do not reflect the same of WFTS. Advertiser: National Association of Realtors® Florida Realtors® 2024 President Gia Arvin joins Tampa Bay’s Morning Blend to share updates on the spring home buying and selling season. Plus, we’re also talking about details on a proposed settlement agreement, the outlook for the second half of 2024, and first-quarter metro home prices. For more information, visit Realtor.com.
Read More
Developer dumps offices, eyes housing, seeks San Jose property sale – Silicon Valley
SAN JOSE — A real estate company has scuttled a proposal to build a big office building at a prime San Jose site and has now pivoted to a plan for housing — even as it seeks to sell the property. The flurry of activity, along with the switch to housing, is a reminder of the weak state of the Bay Area office market and the shift to residential projects. 335 South Winchester Boulevard in west San Jose, a restaurant site, shown within the outline. Boundaries are approximate.The potential development…
Read More
The Most Splendid Housing Bubbles in America amid the Now-Fizzled Rate-Cut Mania & Erstwhile Plunge in Mortgage … – WOLF STREET
Rate-Cut Mania died, mortgage rates re-jumped to 7.5% today, but here’s what home prices did during Rate-Cut Mania. By Wolf Richter for WOLF STREET. The brief and now bygone era of Rate-Cut Mania. Today’s S&P CoreLogic Case-Shiller Home Price Index, dubbed “February,” is a three-month moving average of home prices whose sales were entered into public records in December, January, and February. Today’s data therefore reflects Rate-Cut Mania that lasted from the beginning of November until February 13, when the Consumer Price Index showed with brutal frankness that inflation was rearing its ugly head…
Read More
Act Now or Miss Out: The 10 U.S. Cities Where Homes Are Selling Faster Than Anywhere Else – Realtor.com News
The spring housing market may be off to a rocky start, but that doesn’t mean buyers can take it easy if they hope to succeed in purchasing a home. While homes nationwide spent a median of 50 days on the market in March, they’re selling in less than half of that time in certain places, according to the most recent Realtor.com® data for median days on the market in the 200 largest metropolitan areas. These fast-moving markets are spread out across the country, excluding the South. Some of these places…
Read More
Once the West Coast’s crown jewel, San Francisco’s real estate market is crashing – New York Post
San Francisco, once the crown jewel of the West Coast, is now teetering on the brink of collapse — and it seems like nobody is sounding the alarm. The city’s housing market, in particular, has been hit hard over the past year, with prices plummeting and homeowners fleeing in droves. JPMorgan Chase CEO Jamie Dimon didn’t mince words when he compared San Francisco’s woes to those of New York City, calling the Bay Area “in far worse shape.” A homeless man sleeps on the street of the Tenderloin District in…
Read More
‘Perfect Storm’: Early 2024 Biotech Bounce Isn’t Helping Deflated Life Sciences Real Estate Market – Bisnow
The stubborn mismatch of life sciences lab space — a growing glut of supply and moderation of demand — hasn’t shown signs of any correction thus far in 2024. Early analysis and data suggest that despite positive market signs and financial activity, including increased Big Pharma merger activity, the runaway success of anti-obesity drugs and a thawing of the initial public offerings market, the biotech real estate slump isn’t ending soon. Signs of a thaw in the biotech funding market in 2024 haven’t significantly helped lab real estate activity. “In the major life science markets,…
Read More