residential real estate news
John Burns: 12% Price Appreciation per Mortgage Point
By John Burns In the last 15 years, home prices have grown 29% faster than incomes, primarily due to falling mortgage rates. Since...
Essex Announces Acquisition in Downtown Los Angeles
Palo Alto, California—Essex Property Trust, Inc. (NYSE:ESS) announced the purchase of 8th & Hope, an apartment community located in the core of downtown...
Pending Home Sales Rise in January to Highest Level in 18 Months
WASHINGTON – Improved buyer demand at the beginning of 2015 pushed pending home sales in January to their highest level since August 2013,...
Irvine Co.’s Proposed Mixed-Use Project Could Help Spur Development in Downtown Santa Clara
By Nancy Amdur The Irvine Co. this week announced plans to thicken its Silicon Valley portfolio and presented Santa Clara’s City Council with...
The Mark Company Announces Completion of Sales at Bridgewater in Emeryville, California
424-unit Residential Condominium Complex near San Francisco Achieves Strong Sales Absorption and Price per Square Foot San Francisco – February 26, 2015 –...
John Burns: Beware the Household Formation Headlines
By Ali Wolf and Chris Porter Beware the household formation headlines! The current data—–1.3 million households formed in 4Q14—–likely overstates actual household growth....
Marcus & Millichap Arranges the Sale of a 5-Unit Apartment Building in San Leandro
SAN LEANDRO, CA, February 19, 2015 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United...
Security Properties Acquires Saratoga Downs in Napa, California for $58MM
SEATTLE — On Friday, February 6, Security Properties, in a joint venture with Intercontinental Real Estate Corporation, purchased the 178-unit Saratoga Downs Apartments...
Pinza Group Sells Two Apartment Buildings in Concord
The Pinza Group, Inc, a leading commercial real estate investment firm in the Bay Area with its principal office in Walnut Creek, today...
Marcus & Millichap Arranges the Sale of a 12-Unit Apartment Building
SAN FRANCISCO , CA, February 13, 2015 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the...
Marcus & Millichap Arranges the Sale of a 12-Unit Apartment Building
SAN FRANCISCO, CA, February 11, 2015 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United...
CBRE Completes Sale of 256-Unit Apartment Community in Reno, NV
Reno, Nevada– CBRE’s National Loan Sale Advisory Group and CBRE Reno’s Aiman Noursoultanova recently arranged the sale of a Class A REO, 256-unit garden-style multifamily...
