California Ranks #8 in the Hottest Real Estate Markets of 2024 – San Francisco Examiner

After more than two years of stiff competition and fast-rising prices, the U.S. residential housing market experienced a rapid cooldown throughout the latter half of 2022 and the early months of 2023. Despite recent signs that market conditions could be heating up again, 2023 marked a notably more subdued year for U.S. real estate compared […]

CA Housing: Bill would ban firms from owning over 1,000 homes – The San Francisco Standard

The phenomenon of “Wall Street” becoming landlords was born out of the 2008 subprime mortgage crisis when hundreds of thousands of homes were foreclosed upon, Lundquist explained.  “Invitation Homes was incredibly savvy,” Lundquist said. “They entered the market when it was at its very bottom, targeted neighborhoods that were attractive to first-time homebuyers, bought [single-family […]

Will the San Francisco Housing Market Crash in 2024? – Norada Real Estate Investments

The San Francisco housing market is among the most competitive and expensive in the United States. As a densely populated and highly sought-after urban area, the county’s real estate market is characterized by high demand and limited inventory, resulting in intense competition among buyers and soaring prices. How is the San Francisco housing market doing […]

Hotel development implodes in Bay Area and California due to economy: new report – Silicon Valley

SAN JOSE — Hotel construction and new openings have cratered in the Bay Area and throughout California, fresh evidence of a brutal commercial real estate market statewide, a new report shows. The post-coronavirus pandemic struggles for the lodging sector appear to have eroded the hotel market in a big way, according to a yearly survey […]

Hotel development implodes in Bay Area and California due to economy: new report – The Mercury News

(Google Maps) La Quinta Inn & Suites hotel, located in San Jose at 1036 North Fourth Street. SAN JOSE — Hotel construction and new openings have cratered in the Bay Area and throughout California, fresh evidence of a brutal commercial real estate market statewide, a new report shows. The post-coronavirus struggles for the lodging sector […]

Bay Area Housing Market Forecast: Will it Crash in 2024? – Norada Real Estate Investments

The Bay Area housing market has been cooling off since the spring of last year, with prices trending downwards. However, inventory remains tight, which is keeping prices elevated and benefits sellers.  There are several factors contributing to the cooling Bay Area housing market. First, rising interest rates are making it more expensive to borrow money […]

Business owner says he’s ‘done’ with San Francisco, claims government cares more about injection sites – Fox News

A longtime owner of multiple businesses in San Francisco, California condemned local leaders for failing to keep the city safe for small businesses. The SF Chronicle reported that Mark Sackett has owned a “South of Market building with a printmaker, antiques shop and events venue called the Box SF for almost two decades” but now […]

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