Is Manhattan's rental market finally cooling off?
Rent prices in Manhattan are slowing down and landlords are offering concessions as inventory on the island grows. Source link …Read More
Real Estate News
Riverside man accused of killing his mother after her body is found near Box Springs Mountain
A body found near Box Springs Mountain is that of a Riverside woman reported missing Wednesday, and police revealed Friday that the man arrested in connection to her death is her son. The body of Mica Maddock, 51, was found Thursday near Gernert …Read More
CoStar Group: More millennials are moving out of their parent’s place
Due to the strength of the job market, fewer young adults lived with their parents in 2017 than in 2016, new data shows. Source link …Read More
Mission Valley's Civita breaks ground on low-income rentals
More low-income apartments are coming to Mission Valley’s upscale expensive Civita development. Developers Chelsea Investment Group and Sudberry Properties broke ground on the project this weekend. The cost to build the 306-unit complex is $137.5 million, or $449,000 …Read More
Hot real estate markets to cool in 2020, experts predict
Homebuilder James Boyd has no trouble selling the homes he builds. The difficulty is getting them built in the first place. High lumber costs, regulatory restrictions and a construction worker shortage continue to plague housing developers like Boyd, …Read More
Homebuilder sentiment drops in June due to soaring lumber costs
Lumber prices are 67 percent higher than last year, thanks in part to tariffs placed on Canadian lumber. Source link …Read More
The Manor in Holmby Hills is back on top at $200 million
The most expensive home for sale in America is still found in Los Angeles, but it’s no longer the larger-than-life mansion that debuted a year ago in Bel-Air at $250 million. That speculative wonder of owner-developer Bruce Makowsky has returned to …Read More
Why West Coast home prices are surging
The hottest markets are in the West, and it’s creating an affordability issue. Source link …Read More
Trump announces U.S. tariffs on $50 billion in Chinese imports; China promptly retaliates
By KEN THOMAS and PAUL WISEMAN The Associated Press WASHINGTON — The Trump administration announced a 25 percent tariff on up to $50 billion worth of Chinese imports on Friday, instantly escalating a trade dispute between the world’s two …Read More
In this red-hot housing market, if a 'for sale' sign goes up, don't blink—you might miss it
Of the homes that sold in May, 27.6 percent went above their list price — another record, according to Redfin. Source link …Read More