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Heading into the 2023 recession with low savings rates; Jobs falter in step with the slowing economy; Leaping FRM rates slash purchasing power, home prices
Following record-smashing refinance volume in 2020-2021, refinances have quickly retreated into irrelevance.
When turnover falls, so too does earning potential for agents and brokers.
Today’s weak yield spread reflects 2023’s poor economic outlook; Investors abandon risk in favor of safe havens; Property prices have a long way to fall in 2023-2025
The undeclared recession is making its rounds and foreign real estate investment in California is not exempt.
Governor Newsom signed two pieces of legislation into law in September 2022, both of which streamline commercial conversions into residential buildings: Senate Bill 6 and Assembly Bill 2011.
See how far prices have deviated from their historical norm — the value level to which prices will inevitably return in the years ahead.
A broader trend is emerging in the office industry, which points to a shift — not a return to the past.
The ideal cap rate for 2023 and beyond is higher than you think.
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