California

California Housing Market 2024: Trends and Predictions – Norada Real Estate Investments

With its rapid growth of technology and the iconic coastline, California has been home to homebuyers for a very long time. Even as prices in some areas show new signs of instability, California’s housing market continues to be complex and active. This article covers current conditions in the California housing market, trends, affordability considerations, and regional variation. So, How is the California Housing Market Doing in 2024? California home prices are hitting record highs but sales are slowing down due to rising mortgage rates. In May 2024, California’s housing market faced significant challenges…

Read More
California Los Angeles

Jim Carrey is the latest victim of California’s housing freeze — LA mansion price drops by $7M – Yahoo Finance

Jim Carrey has cut the price of his Los Angeles home to $21.9 million–a staggering $7 million reduction. Jim Carrey has hacked the price of his long-time Los Angeles estate once again. The “Yes Man” actor, 62, initially listed his sprawling 10,954-square-foot Brentwood mansion for a hefty $28.9 million in February 2023. But the lavish pad has failed to find a buyer, prompting Carrey to repeatedly slash the price. The first cut came two months later, dropping to $27 million. By October 2023, he’d trimmed it down again to $24…

Read More
California

Chico Housing Market Trends and Predictions for 2024 – Norada Real Estate Investments

Chico, California, while not quite as widely known as some other housing markets in the state, offers a unique and interesting option for potential homebuyers. Unlike some pricier California cities, Chico boasts a more moderate cost of living, while still attracting residents with its growing job market and vibrant community. This article provides a springboard to explore the specifics of the Chico housing market including current home values, recent trends, and what you can expect as a buyer in this dynamic market. So, How is the Chico Housing Market Doing…

Read More
California

Housing Market Predictions for Next 5 Years (2024-2028) – Norada Real Estate Investments

Are you curious about what the next 5 years hold for the U.S. housing market? The housing market is a complex and ever-changing landscape, making it difficult to predict with certainty what the next five years will hold. However, based on current trends and expert opinions, there are a few key things that we can expect to see in the years to come. The housing market is expected to remain strong in the next five years. However, some key factors could impact the market, such as rising interest rates and a…

Read More
California San Diego

Are San Diego or Inland Empire the riskiest housing markets in Southern California? – The San Diego Union-Tribune

Southern California home prices may seem insanely high, but two yardsticks of their underlying values suggest they’re not as crazy as elsewhere in the nation. Let’s be clear. These measurements don’t say local homes are affordable. Nor does this math conclude what buyers are paying is normal. Rather, these studies show the overvaluation of Southern California homes compared with historical patterns is not massive on a national scale. The first study is from Fitch Ratings, a Wall Street credit-quality tracking company. It compared pricing patterns in 50 U.S. metropolitan areas…

Read More
California

Putting teeth in California housing goals – The Pasadena Star-News

You don’t necessarily always like to see various aspects of government in California seeking financial penalties against other aspects of government in California. It’s unseemly, in that we’re not talking Monopoly money here. It’s not “theirs” — not government’s — it’s our money, that we gave them. It merely encourages highly paid government lawyers to go out and hire even more highly paid private attorneys to advise them in their fight to keep their version of our money. But sometimes, absent being able to throw a government in jail when…

Read More
California

Putting teeth in California housing goals – OCRegister

You don’t necessarily always like to see various aspects of government in California seeking financial penalties against other aspects of government in California. It’s unseemly, in that we’re not talking Monopoly money here. It’s not “theirs” — not government’s — it’s our money, that we gave them. It merely encourages highly paid government lawyers to go out and hire even more highly paid private attorneys to advise them in their fight to keep their version of our money. But sometimes, absent being able to throw a government in jail when…

Read More
California

California Condo Sells for Lowest Price in 18 Years – Newsweek

A one-bedroom condo in the Yerba Buena of San Francisco is on the market for nearly $670,000. The property’s listed price on Zillow is less than its value has been since 2004, when it sold for $499,000, according to records on the real estate platform. The home was at one point in May 2019 listed for sale for nearly $1.1 million but the listing was removed in June of that year. The next time it went on the market, it was valued at 32.5 percent less at $729,000. Since then,…

Read More
0
    0
    Your Interest
    Your Interest List is emptyReturn to Buying