Mar 17
Opportunity zones—federally designated areas that are ripe for investment and revitalization—are benefiting from the housing boom, too, as they see prices increase to the likes of more affluent places. In the first quarter of 2021, 75% of opportunity zones with sufficient data saw median home prices rise annually. Two-thirds of them saw prices rise by …
Mar 17
Listing courtesy of Kevin Decosta – BHHS FOX and ROACH-109 34th OC $1,849,000 Est. Mortgage $11,220/mo*5 Beds6 Baths Description about this home for sale at 22 Spruce Road, Ocean City, NJ. 08226 Home SWEET Home! This Impressive Riviera home is appointed with the finest finishes available & blends classic Shore aesthetics with modern amenities. This …
Mar 16
Listing courtesy of Dustin Laricks – COMPASS RE – Sic $1,425,000 Est. Mortgage $8,628/mo*4 Beds3 Baths Description of this home for sale at 110 70th Street, Sea Isle City, NJ. 08243 This townhouse was custom built for the current owners by McLaughlin Construction. Located on an extra wide street, this property welcomes you with a …
Mar 16
The median rent in the 50 largest metros nationwide increased 2.7% year over year, the largest growth since the beginning of the COVID-19 outbreak, according to a new report from realtor.com®. The nation’s largest tech hubs are seeing some of the biggest rebounds in rental prices as more technology firms announce return-to-the-office plans. The U.S. …
Mar 16
A new housing development going up in Valencia, Calif., is setting out to be the largest net-zero community in the nation—potentially the world, CNBC reports. More than 21,000 homes will be part of the new community and it will have no carbon footprint. The development, which is being built by FivePoint(link is external), will include …
Mar 15
Investors are growing concerned that it may be more difficult to make money in flipping homes amid a frenzy of home buying activity lately that has sent home prices climbing. Home flipping profit margins dropped in the first quarter. Only 2.7% of all single-family homes and condos in the first quarter were considered a house …
Mar 15
Listing courtesy of Marilyn Booth Adams – RE/MAX AT THE SHORE $1,379,000 Est. Mortgage $8,258/mo*4 beds3 Baths Description about this home for sale at 26 W 15th St. Ocean City, NJ. 08226 Beautifully maintained single family home with huge garage space with seating area and bath. Granite countertops, custom window treatments, hardwood floors, 5 decks …
Mar 15
Listing courtesy of Lindsay Beisel – BHHS Fox & Roach-Haverford $574,900 Est. Mortgage $3,925/mo*3 Beds2 Baths1234 Sq. Ft. Description this home for sale at 303 S. New Ardmore Ave. Broomall, PA. 19008 Meticulously maintained rancher in Marple township! Covered front patio leads to hardwood floors in the foyer and open concept living room and dinning …
Mar 14
The demand for warehouse space is at record levels. Retailers are on the hunt for more warehouses to help meet their growing e-commerce needs and fulfill online orders at quicker speeds, according to a new report from JLL, a commercial real estate services firm. Big box retailers like Walmart, Target, Big Lots, TJX, and Costco …
Mar 14
Listing courtesy of Cyndy Young – BHHS Fox & Roach Wayne-Devon $460,000 Original price: $349,000Est. Mortgage $3,186/mo*3 Beds2 Baths1426 Sq. Ft. Description about this home for sale at 501 Achille Rd. Havertown, PA. 19083 Ahhhh, you’re going to love this one! Situated on a large corner lot and with many updates and amenities, this classic …
Mar 14
Grocery stores were deemed an essential business and remained open during the pandemic. They also posted record sales volume. Meanwhile, many malls and other retail stores closed for months and saw plummeting sales. That’s why more retailers want grocery stores near them to attract more foot traffic. Grocery-anchored shopping centers are drawing heightened investor interest—and …
Mar 13
Vacant outlets in prime locations are gaining a new life, fueled by brisk housing markets. Here’s how you and your clients can use them wisely. Key Takeaways: Self-storage facilities are getting a design and function makeover. Once largely consigned to industrial zones, today’s new sites seek high-visibility locations in commercial retail centers adjacent to residential …
