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CoreLogic: Single-family rent growth drops to four-year low

Housing Wire

While a slowing in rents will be welcome news to renters, increases since 2020 are still at 32%.” CoreLogic surveyed properties in nearly 100 U.S. The reported pointed out that price growth for high-end rentals, attributed to luxury properties , outpaced properties priced at the lowest end.

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Sales of luxury homes skyrocket in first quarter

Housing Wire

The typical luxury home that was for sale during the first quarter spent 61 days on the market — 38 fewer days than the same period in 2020. the biggest increase in luxury-home sales in the first quarter was Miami, with sales up 101.1% When looking at the largest markets in the U.S., from a year earlier.

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While the Austin housing market isn’t sizzling, agents say it is still warm

Housing Wire

From 2020 until the middle of 2022, the Austin metro area was turning heads for its massive influx of homebuyers and its exponential home price growth. In early March 2020, prior to the onset of the pandemic , the 90-day average median list price for a single-family home in the area was $357,000.

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Agents in Illinois grapple with the state’s housing inventory shortage

Housing Wire

During the same week in 2020, just prior to the onset of the COVID-19 pandemic, the county had a 90-day average of 1,972 active single-family listings. 2, Altos data shows that Illinois had 11,974 active single-family listings, markedly lower than the 33,960 single-family listings reported in early February 2020. As of Feb.

Inventory 468
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Japanese luxury-home developer plans U.S. IPO

Housing Wire

We have been leasing apartment building units to individual customers in Dallas, Texas, since 2020 and Mr. Eiji Nagahara [the company’s founder and president] has built personal relationships with landowners and local builders in Texas over the years. The design and construction of the luxury properties is outsourced to third parties.

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Minneapolis/St. Paul – 2019-2020 Commercial Real Estate Value Trends

Simonson Real Estate

I attended the 2020 Minneapolis/St. Paul Commercial Real Estate Valuation and Appraisal Forecast Summit held at the Golden Valley Country Club on Friday, January 17, 2020. Topics centered on valuation trends for the retail, industrial, office and multi-family property sectors. 2020 – 2021: 12,000 units under construction.

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What Are the Top Luxury Markets in North America Right Now?

McKissock

Their choice of parameter to measure performance was guided by the escalating number of luxury property sales and the importance of understanding this impact on the level of inventory available. But in 2020 the swing was dramatic, with many markets becoming seller-controlled for the first time in years. King County, Washington.