Tag: real estate investing
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$557B Office Wipeout Reveals Diverging Urban and Suburban Markets
A Tale of Two Markets The U.S. commercial real estate (CRE) market is experiencing a significant divide. Central business districts are grappling with plummeting office values, while suburban and high-demand neighborhoods are thriving. From 2019 to 2023, U.S. office values have dropped by a staggering $557 billion, with central business districts suffering the most, seeing…
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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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10 Places Where Lower Mortgage Rates Will ‘Unlock’ the Housing Market the Fastest
For several years, high mortgage rates have frozen much of the housing market. Many homeowners who were locked in at prior lower rates remained unwilling to sell and assume a new, more costly mortgage. However, as rates begin falling, a new Realtor.com® analysis reveals the metro areas that could see the earliest signs of thawing…
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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…
