Category: Investment Property
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Greg Flynn’s $40M Bet on San Francisco’s Office Market: A Bold Move Amid Uncertainty
Greg Flynn, CEO of Flynn Holdings, is making headlines with a significant $40 million investment in San Francisco’s struggling office market. Despite the city’s current challenges, Flynn’s confidence in a rebound is unwavering. A Strategic Acquisition In collaboration with Ellis Partners, Flynn Holdings has acquired 631 Howard St., a fully leased, 108,750 square foot office building…
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The 10 Markets That Could See the Biggest Home Affordability Gains as Mortgage Rates Drop
Mortgage rates are set to decline, and some areas could see bigger gains in home affordability than others. A new Realtor.com® analysis highlights the metro areas where affordability for the median earner will improve the most if rates drop to 6.3%, which could happen in the coming months. Key Findings The monthly savings on house…
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Berkeley’s Bold Move: Overturning Single-Family Zoning
Berkeley, California, once a trailblazer in adopting single-family zoning, is now poised to break new ground again. The city council’s plan to eliminate most single-family zoning districts has drawn national attention, aligning with a growing trend across the U.S. to address housing shortages and encourage multifamily development. The Shift Away from Single-Family Zoning Berkeley’s move…
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America’s 10 Easiest and Hardest Housing Markets for Homebuyers
Navigating the Real Estate Landscape Buying a home today is no walk in the park. Home shoppers face steep challenges, including high asking prices, intense competition, and soaring mortgage rates. However, not all real estate markets are equally grueling. Some areas offer a more favorable environment for homebuyers. The Easiest Markets: Florida Takes the Lead…
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🎬 Warner Bros. Makes Blockbuster Move in Nevada! 🌟
Warner Bros. Discovery is set to light up the Nevada desert with an $8.5 billion commitment to a long-term studio lease. But this isn’t your typical Hollywood story—it’s a thrilling partnership with the University of Nevada, Las Vegas (UNLV) and Birtcher Development. Together, they’re transforming Nevada Studios into a 34-acre filmmaking hub at UNLV’s Harry…
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Why Florida Is No Longer the Ideal Retirement Destination
Florida has long been synonymous with retirement dreams: sandy beaches, warm weather, and a laid-back lifestyle. However, recent trends indicate that the Sunshine State is losing its appeal for retirees. Rising housing costs, extreme weather events, and other factors are causing a shift in perception. In this blog post, we’ll explore why Florida may no…
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Asking Rents Experience First Decline in Four Years Across Unit Types
So far in 2024, all apartment unit sizes are seeing their first annual decline in asking rent since 2020, with the national median at $1,647. In a noteworthy shift for the multifamily housing market, asking rents have slipped across all unit sizes for the first time since 2020, according to a recent Redfin report. This…
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Good News for Homebuyers: Inflation Dips Below 3% for the First Time in 3 Years
Homebuyers rejoice. Inflation, that ever-watchful economic indicator, has finally eased its grip. For the first time since March 2021, annual inflation in the U.S. has dipped below 3%, according to data released by the Department of Labor. This news brings a glimmer of hope to prospective homebuyers, signaling potential relief in the form of lower…
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Oshkosh, WI: America’s Surprising Real Estate Gem
For the first time ever, Oshkosh, WI, has claimed the top spot in Realtor.com®’s Hottest Housing Markets rankings for July. 🏡 What Makes Oshkosh Stand Out? Bidding Wars and Creative Offers Local real estate agents confirm the frenzy: Midwest Heatwave Oshkosh leads the Midwest charge, but other cities are sizzling too. As mortgage rates climbed,…
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Shifting Geographic Job Distribution: A Long-Term Trend
The Pandemic Effect During the COVID-19 pandemic, jobs flowed out of cities, and now it appears they may not return. The Federal Reserve Bank of New York’s analysis reveals a significant impact on job availability and location. Where Are the Jobs Going? Job listings have migrated away from city centers, gravitating toward the fringes of…
