Posts Tagged ‘price’
Rampant post-fire price gouging went unpunished, report alleges
When the Palisades and Eaton fires displaced thousands of tenants last year, landlords across L.A. jacked up rental prices while the flames were still burning. Officials were quick to respond, vowing crackdowns on price gouging.A new report as...
Torrance shopping center sells for record price
A well-known shopping center in Torrance, anchored by a grocery store, has sold for a record price in the South Bay as real estate investors look for retail properties that don’t have to compete directly with online shopping.Village Del Amo ...
Amazon distribution center at LAX sells for record price
An Amazon warehouse near the gates of Los Angeles International Airport has sold for a record price as logistics centers near transportation hubs grow in value.The real estate investment arm of global financial services firm Morgan Stanley rec...
Wyoming, Connecticut, New Jersey Lead U.S. Home Price Growth
Softening home price growth The pace of home value growth finally normalized since the historical highs of 2020 and 2021. Overall, U.S. home prices rose 1.1% year-over-year in October (while dipping 0.2% month-over-month), according to C...
Cape Cod Cottage Perched Precariously on the Edge of an Ocean Cliff Sells for Less Than Half Its $239K Asking Price
A Cape Cod cottage that sits mere feet away from the edge of an eroding ocean bluff has traded hands for the bargain price of $100,000—less than two months after it was put on the market for more than double that amount. The property at&nb...
Market condition analysis in a broker price opinion
Why this article is important: Conducting an analysis of residential or commercial market conditions is one step of the process to conducting a broker price opinion (BPO). Learn how a market condition report is drafted and included in a price a...
When to Lower the Price of Your House: Price Reduction in Real Estate
Deciding to sell your home is a big step, and setting the right price is crucial. But what happens when your home isn’t getting the attention you hoped for? In these cases, it might be time to consider a real estate price reduction....
Avoid preferential price fixing with seller broker
Why this article matters: Bigger broker offices are yet to initiate any effort to comply with the paradigm shift mandated by California’s 2024 contract-law anti-price fixing legislation for brokers expecting a fee for representing a buyer. Th...
