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Selling Reno, Sparks, and Surrounding Areas Real Estate
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Daily Archives: July 11, 2023

Commercial Property Investment in Australia Dives 50 Percent in 2023

UncategorizedBy Rita EissmannJuly 11, 2023

According to new CBRE data, top end commercial transactions have been most impacted by the slow-down in investment activity in 2023, with the smaller end of the market proving to be more resilient. CBRE’s H1 2023 In and Out Report highlights that total investment volumes dropped by 50% to $8.8 billion in the first six…

Annual Home Price Growth in America Drops to 11 Year Low in May

UncategorizedBy Rita EissmannJuly 11, 2023

Based on CoreLogic’s latest Home Price Index for May 2023, annual U.S. single-family home price growth slowed for the 12th straight month in May, falling to 1.4% increase year over year. The last time CoreLogic’s Home Price index saw annual growth fall to less than 2% was in early 2012, but U.S. appreciation still remained…

Southwest Florida Housing Markets Hit by Hurricane Ian Bouncing Back

UncategorizedBy Rita EissmannJuly 11, 2023

According to national property broker Redfin, listings of homes for sale in the several Southwest Florida cities like the Cape Coral-Fort Myers metropolitan area have recovered after plunging in the wake of Hurricane Ian last fall, and sales have begun to bounce back. In the two months after the devastating September 2022 storm, there were…

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