Last year’s real estate market was notably more subdued in the real estate market compared to recent trends — but at the start of 2024, the market appears to be heating up again, experts say.
A recent study by Construction Coverage ranked Killeen 93rd compared to similarly sized real estate markets throughout 2023.
The study compared the median sale price from year to year, the percent of homes that sold above asking price, the median number of days on the market, the average sale-to-list percentage, and the number of listings with price drops.
Their data shows the median home sale…
Real estate report: Housing market predictions
Spring is just around the corner, which typically marks a rising real estate market but interest rates could hold the housing sector back. LiveNOW’s Lexie Petrovic talks about real estate with FOX Business contributor Katrina Campins.
As economic woes continue to pummel the housing industry, one real estate developer is finding opportunities within a new market – the “forever renters.”
Post Brothers CEO and co-founder Michael Pestronk joined “Varney & Co.” Friday to discuss the real estate opportunities brewing in urban areas as some Americans are opting to rent instead of buying a home.…
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The Sarnia-area’s real estate market bounced back in February after a slow start to the year, says the president of the Sarnia Lambton Association of Realtors.
Author of the article:
Paul Morden
Published March 05, 2024 • Last updated 7 hours ago • 2 minute read
A for sale sign is shown outside a house in Sarnia. Photo by File photo /The Observer
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The Sarnia-area’s real estate market bounced back in February after a slow start to the year, says the president of the Sarnia Lambton Association of Realtors.
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It’s been a rough few years for the commercial real estate industry with rising interest rates, increasing operational costs, fewer available loans, and the rise of the hybrid work trend—something that’s proven to be a thorn in the side of office owners.
Scott Rechler, CEO of the commercial real estate giant RXR, told Fortune that the industry even went through all the emotional hallmarks of the first four stages of grief—denial, anger, bargaining, and depression—in 2023 as the fallout from its challenges hit home. But now, according to Rechler, CRE leaders have entered the final stage of grief: acceptance.
The…
The Prairies continue to offer Canadian homebuyers something they have been craving for a long time: Housing affordability.
The Saskatchewan and Manitoba real estate markets are still enjoying low-priced residential properties, especially compared to other places in the Canadian housing industry.
In Manitoba, for example, the average sales price for a home in November was just below $329,000. Believe it or not, this was actually down nearly five percent from the previous month.
Of course, when you dive a little bit deeper into the Manitoba housing sector, you see even more affordable homes for families trying to get their foot…
These renters asked their property manager for almost a whole year to fix dangerous defects in their apartment – they say they were instead slapped with a rental increase and given 30 days to move out.
Sydney couple Faizan and Emma moved into their apartment in Sydney’s northwest in December 2022 and claim asking for repairs was the primary reason they were asked to leave.
It comes as rental experts continue to call for urgent reform of NSW’s tenant evictions policy, which they argue allows landlords to give unfair reasons to end leases.
The couple said that when they moved…
As the world gradually emerges from the pandemic’s shadow, certain global real estate markets have not only rebounded but have shown remarkable growth, offering profitable opportunities for investors and second homeowners alike. A recent survey by Global Property Advisor highlights four standout markets that have delivered impressive capital gains and income over the past three years, with a special focus on ocean-view properties. These markets include the vibrant Puerto Vallarta, the serene Providenciales, the historic Mazatlan, and a surprise Mediterranean gem offering unparalleled value.
Puerto Vallarta: Branded City with a Strong Dollar Advantage
Puerto Vallarta, known for its enticing blend…
TEMPO.CO, Jakarta – Alex Villas Group, a Bali-based real estate company says the property sector in Bali looks promising in 2024. Alex Shtefan, the founder and owner of Alex Villas believes that the island is currently experiencing a significant shift in its business landscape.
“Tourist-attracting areas are no longer contained to renowned places like Kuta, Ubud, Sanur, Seminyak, Canggu, and Uluwatu any longer. Tourists are now starting to be drawn to western Bali, including Seseh, Kedungu, Cemagi, and Tabanan,” Alex said in a written statement on Friday, March 1, 2024.
Alex explained that this expansion provides new opportunities for the…