World Property Journal » San Francisco Real Estate News
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THE WORLD PROPERTY JOURNAL ("THE WPJ") is in the real estate news and information business on a global scale. Our editorial focus and goal is simple to help all active property buyers, sellers, investors and tenants worldwide make more informed transaction decisions. Period. The journal was founded in Miami, Fl in the fall of 2010 by veteran real estate, media and technology..
World Property Journal » San Francisco Real Estate News
3d ago
On March 28, 2024, the Antitrust Division of the U.S. Department of Justice (DOJ) intervened for the third time recently, backing plaintiffs in class action lawsuits challenging defendants' utilization of pricing software ..read more
World Property Journal » San Francisco Real Estate News
3d ago
Based on Freddie Mac's latest Primary Mortgage Market Survey, the U.S. 30-year fixed-rate mortgage averaged 7.17 percent as of April 25, 2024 ..read more
World Property Journal » San Francisco Real Estate News
3d ago
Like many economic metrics, the journey toward stabilizing the U.S. housing market is fraught with challenges. Although there has been a modest recovery in home sales and inventories from last year's lows, elevated mortgage rates continue to hamper affordability, deterring many potential buyers ..read more
World Property Journal » San Francisco Real Estate News
2w ago
Following the groundbreaking agreement between the National Association of Realtors (NAR) and the Department of Justice on March 15, 2024, the real estate sector is abuzz with discussions about the potential effects on the future of commercial co-broker fees and payment methods ..read more
World Property Journal » San Francisco Real Estate News
2w ago
Based on new data from Redfin, nearly one of five (17.8%) homes that sold in San Francisco during the three months of 2024 sold at a loss, which was the highest in 11 years ..read more
World Property Journal » San Francisco Real Estate News
2w ago
According to recent data from national property broker Redfin, a significant portion of U.S. homebuyers are in the dark about their real estate agent's compensation: 28% are unaware of the payment amount, 17% do not know how this figure was determined, and 19% are uncertain about who actually pays their agent ..read more
World Property Journal » San Francisco Real Estate News
2w ago
Recent research from CBRE indicates that prime multifamily assets have seen a slight improvement in going-in cap rates, exit cap rates, and unlevered internal rate of return (IRR) targets in Q1, 2024 ..read more
World Property Journal » San Francisco Real Estate News
3w ago
According to the National Association of Realtors, pending U.S. home sales in February 2024 grew 1.6% month-over-month from January 2024. The Midwest and South posted monthly gains in transactions while the Northeast and West recorded losses. All four U.S. regions registered year-over-year decreases ..read more
World Property Journal » San Francisco Real Estate News
1M ago
Based on new data from international property consultant Knight Frank, global super-prime ($10m+) residential sales rose 11% in Q4 2023 on a year-on-year basis. There were 411 sales across the 12 markets covered in the three months to December compared to 370 in the same period in 2022 ..read more
World Property Journal » San Francisco Real Estate News
1M ago
Based on new data from the California Association of Realtors, despite a recent uptick in mortgage rates, California's housing market continued to demonstrate resilience in February 2024, reaching sales levels not seen since September 2022 ..read more