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REAL ESTATE
Big Fremont apartment complex lands buyer in $100 million-plus deal
FREMONT — A big apartment complex in Fremont has been bought for well over $100 million in a deal that suggests the market for rental housing has begun to falter in Silicon Valley. The downtown Fremont apartment complex was bought for $126 million by a real estate investment firm,...
Realtor.com Survey Finds 33% of People in the 'Sandwich Generation' say their Circumstance has Helped them Buy a Home
Approximately 1 out of Every 6 Americans Falls into the Sandwich Generation. SANTA CLARA, Calif., June 28, 2024 -- According to new research from Realtor.com®, 17% of Americans say they are taking care of their children (under 18) and parent(s)/grandparent(s) at the same time ("Sandwich Generation") and for a third of them, the impact of being in the middle has led to homeownership. The research also examined how the current "Sandwich Generation" has received support to help save for retirement and/or afford a home.
Berkeley housing prices projected to increase next year, mirroring Bay Area trends
With the median price for a single-family home in the Bay Area reaching $1.46 million in May — a 12% increase from last year that nears a record $1.5 million median price set in April 2022 — Berkeley’s housing market remains an outlier with its current decline in prices.
Affordable housing for BUSD educators revealed on San Pablo Avenue
Renderings and building permits were revealed for a 2025 housing project for Berkeley Unified School District, or BUSD, educators at 1701 San Pablo Avenue. The plans are for a six-story building including 109 affordable units, which have been reserved for BUSD affiliates and their families working in Alameda county. The project will replace part of the Berkeley Adult School’s parking lot.
Local real estate trends and predictions for the second half of 2024
Anyone thinking of buying or selling a home in Livermore this year should familiarize themselves with what’s going on in the city and surrounding communities when it comes to real estate trends. Glen Riggs with eXp Realty is a longtime Livermore resident and has some tips to help. Prices...
Index for Bay Area Home Values Ticks Up, YOY Gain Slows
Having ticked up 2.6 percent in March, the S&P CoreLogic Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area (i.e., “San Francisco,” which includes the East Bay, North Bay and Peninsula) ticked up another 2.0 percent in April, albeit with some seasonality still in play.
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