How to Determine the Market Value of a Property Using PropertyShark’s Comps
In real estate, evaluating local market conditions is a must before committing to any kind of deal. One of the easiest and most efficient ways to determine how much a property is worth is by running a comparables search. And we’ll show you how. Search for recently sold homes in the same area as your target…
Top 10 Priciest Neighborhoods in San Francisco
Famous for its eclectic architecture, artsy vibe, rolling hills and steep streets, San Francisco has also become synonymous with pricey real estate in recent years. To see exactly what ‘pricey’ means here, we looked at home sales across the city to find the neighborhoods that registered the highest median prices for sales completed in 2014….
NYC Home Prices Up 2% in 2014, Luxury Market Thriving
In New York City, the real estate market is as hot as it has ever been. Whether it’s local or international buyers, everybody wants a piece of the Big Apple. This huge demand for urban living has driven property prices up over the past 5 years, with the median price for a NYC home peaking at…
L.A. Housing Market Heating Up in 2014, Median Price at Five-Year High
The Los Angeles residential real estate market boasted strong sales volumes and rising sale prices in 2014, mainly fueled by increased demand, low inventory levels, and consistent job growth. Median home prices have gone up 11% over the past year, making 2014 the third consecutive year of growth for the local real estate market. Median price…
The 20 Most Expensive Zip Codes in Silicon Valley: Atherton’s 94027 Holds Strong at No.1
The home of some of the country’s most prominent tech companies is also home to the most expensive residential real estate in the nation. Silicon Valley continues to see increased demand for high-end single-family homes, with zip code 94027 in Atherton, CA standing out as the area’s most expensive place to buy. In fact, according…
NYC’s Top 50 Priciest Neighborhoods in 2014
When it comes to residential real estate, New York City is the ultimate leader. From spacious penthouses to designer lofts and glamorous mansions, NYC’s most astonishing properties are spread across neighborhoods throughout the city. One thing they have in common though: they cater to deep-pocketed home buyers. To see how hot the high-end real estate…
PropertyShark Launches Improved Polygon Draw Tool for a Better User Experience
Today we are excited to announce an improved experience regarding map area selection on PropertyShark.com thanks to our new Polygon Draw Tool. Several improvements have been deployed to the new tool which is now faster to work with and easier to use compared to our previous version. The goal was to offer our users a…
Most Expensive Homes Sold in Los Angeles in 2014
For those who can afford the ultra-luxurious homes set in lush locations like Bel Air, Beverly Hills, Malibu, and Brentwood Park, the options are endless: posh estates, luxury villas, properties with expansive grounds, immaculate interiors, and first-rate amenities. Surprisingly, Los Angeles’ priciest homes of 2014 weren’t clustered in Bel Air or Beverly Hills. Most of the…
Top 10 Most Expensive Places to Live in Los Angeles, Home of the Rich and Famous
Los Angeles may be known for its warm climate and its miles of beautiful coastlines interlaced with mountains ranges, but the city is also known for its unique system of “eighty-eight cities within a city.” These communities, from Santa Monica and Silverlake to Studio City and Beverly Hills, are full of real estate options, from…
San Francisco Rents to Increase by 9% in 2015
Apartment rents are expected to increase by 4.5% nationwide for the Lifestyle segment*, Class A and B+, according to the 2015 Rent Forecast & Outlook report published by Pierce-Eislen. Technology-heavy Western markets will be the leaders of the pack, with San Francisco apartment rental market expected to score a 9% Y-o-Y growth rate. San Francisco will…
Los Angeles’ Top 10 Most Expensive Commercial Real Estate Deals of 2014
Supported by a robust economic environment, the Los Angeles real estate market has experienced strong improvement in 2014, and is expected to remain solid for the next few years. Determined to capitalize on the strong demand for both residential and commercial properties, many investors have turned their attention to L.A., with the top 10 largest…
San Francisco’s Most Expensive Home Sales In 2014
When it comes to luxury real estate, San Francisco and New York are bitter rivals. These two cities offer lifestyle at a cost. It is estimated that home prices in these areas have increased by as much as 50% since 2011. In San Francisco, breathtaking Victorian architecture merges beautifully with modern construction. Homes with posh…
Silicon Valley’s Top 10 Most Expensive Homes Sold in 2014
Supported by favorable demographics, limited inventory and a steady job growth, Silicon Valley remains one of the hottest housing markets in the Bay Area. The revival of the tech sector has resulted in a strong residential sector with home prices in the heart of Silicon Valley reaching for the stars once more. According to a recent…
NYC Real Estate Just Got 25% Cheaper for Swiss Buyers
U.S. investors turned their focus to the Swiss franc after the currency soared by 25 percent in value against the U.S. dollar this morning. Although the news came as a bad surprise for most investors in both Europe and the U.S., Swiss franc owners were able to buy NYC real estate 25% cheaper than yesterday. A few…
Santa Clara County’s Top 10 Largest Commercial Real Estate Deals of 2014
Silicon Valley remains one of the hottest investment markets in the country. The strong economy fueled by the tech sector’s rebound, along with high demand and shrinking inventories, have driven real estate prices up for both multi-family and commercial properties. To see which deals rocked Santa Clara County’s real estate scene and who the major…
New York City’s Top 10 Most Expensive Homes Sold in 2014
New York City’s residential sales market remained strong in 2014, with increased demand recorded across all market segments and rising home prices. Of the five boroughs, Manhattan tops the charts in terms of expensive real estate, according to recent data from PropertyShark. To see exactly what “pricey” means when talking about New York City residential…
New York City’s Top 10 Commercial Real Estate Deals of 2014
With 2015 just around the corner, we thought it would be instructive to look back and see who scored the biggest deals in terms of real estate investment in 2014. The top 10 commercial real estate transactions in New York City totaled more than $6 billion this year, with Manhattan standing out as the hottest…
8 Must-Have Online Tools for Real Estate Agents
Technology and the internet have changed the way consumers think and act in nearly every industry imaginable and the real estate sector is no exception. More than 90% of home searches start online and 50% of buyers use a mobile website or application in their home search according to a recent report released by the…
Help Us Find a Motto for PropertyShark!
Help us find the perfect motto for PropertyShark and we’ll reward the best entries with a $1,000 Amazon Gift Card, and two yearly subscriptions to our services! Contest on Facebook: Go to our Facebook page and submit your entry by leaving a caption under any contest photo with your motto suggestion. Contest on Twitter: Simply…
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