Average home sales prices have skyrocketed in Silicon Valley’s hottest housing markets, and residents are moving out. A new study from Joint Venture Silicon Valley found that the region’s average home sales price peaked at $1.53 million in 2022, led by three of the most competitive markets – Fremont, Santa Clara and Sunnyvale. Heidi Young, …
This was a difficult task for potential homebuyers. And those who want to sell their homes don’t have it so easy either. Mortgage lenders charge exorbitant rates. It’s true that today’s rates are not the highest they have ever been. However, these are the highest rates we have seen in over two decades. Due to …
HARTFORD, Conn. (WTNH) A program in Hartford is helping provide stability for young mothers whose lives have been affected by domestic violence. The Roca Young Mothers program opened in 2021, but the need for services has never been greater. The first person recommended by Rocas Young Mothers was Stefani Basora. She met the program’s criteria …
Toronto, Oct. 23, 2023 (GLOBE NEWSWIRE) — Greater Toronto Area, October 23, 2023 The Building Industry and Land Development Association (BILD) is extremely disappointed with today’s announcement by Ontario Minister of Municipal Affairs and Housing, the Honorable Paul Calandra, and calls it a failure for the future supply of housing and workspace in the Greater …
As Halloween approaches, the insanely unhealthy housing market continues to boom. Sales continue to decline, home prices continue to rise, and inventory remains negative year over year. The basic problem? Too many people are chasing too little and days on market are still under 30 days. Moreover, mortgage interest rates are currently 8%. It’s like …
Apartment rents rose 1% in metro Denver last year, and the vacancy rate remains steady. However, at 48 thousand housing under construction balance may not last long. (Matthew Jonas/photographer) The Metro Denvers apartment market remained stable in the third quarter, with both rents and vacancy rates remaining essentially unchanged, according to the Apartment Association of …