3 Tips for a Great CRE Listing
Presentation is everything and appearances count. This is especially true within the real estate industry; you can be the best commercial real estate (CRE) broker in town, but if you don’t properly present your CRE listing in an eye-catching, appealing manner, then you’ll have a hard time selling any property. In particular, you need three…
National Average Rent Decreased in December, Starts New Year at $1,474
Renters are less likely to look for new apartments during the colder months and before the holidays. As such, the cold season usually brings a slowdown in rent growth. Accordingly, the U.S. average rent declined in two consecutive months at the end of 2019, dipping to $1,474. Specifically, rates went down by 0.1% in both…
Top 50 Most Expensive Zip Codes in New England
Key Takeaways: After releasing our traditional year-end report of the 100 most expensive zip codes in the U.S., we were curious about the 50 priciest New England zip codes in 2019. After all, the region placed seven zip codes among the 100 most expensive in the U.S. – including 02199 in Boston, the #6 most expensive zip code…
Central Business Districts vs. Urban vs. Suburban: Breaking Down 10 Years of Office Expansion in the US
Between 2008 and 2018, the U.S. expanded its office footprint by 682 million square feet, 370 million of which have been added in the top 20 markets. Using data from Yardi Matrix, a recent COMMERCIALCafé study looked closely at where this space was added—urban areas, suburban areas or central business districts (CBDs). The findings highlight…
Top Most Expensive U.S. Zip Codes in 2019
While 11 states rank, California claims most expensive zip codes in any city, county or metro with San Francisco, L.A. County and Bay Area.
Housing America’s Older Adults – Florida, Traveling & Roommates
America’s Newest Seniors Are Changing the Face of Retirement   After a decade of arrested development, Millennials are finally the biggest generational cohort in the home-buying market. But, Baby Boomers – those born between 1946 and 1964 – are still comfortably ahead in homeownership rates. With the youngest Boomers now aged 55, this is already the…
Yardi Breeze Makes Property Management Refreshingly Simple
Let’s face it. Managing your real estate portfolio can be complicated. Until recently, some property managers with small portfolios have felt overlooked by real estate software companies whose job it is to make portfolio management easier. That’s because most property management tools focus on larger markets. Yardi knows that not every manager needs the full…
2019 Office Completions: 52% Increase Over Last Year
Key Takeaways: Over 115 million square-feet of office space across the top 40 markets is coming in 2019—a 52% increase over 2018. NYC will add almost 16 million square-feet, roughly doubling the amount added in 2018. The U.S. economy has been on a tear in the last 10 years. Unemployment is at its lowest levels…
The Post-Recession Housing Pulse of Medical Centers – Nursing Wages and Home Price Growth
After looking at the best cities to buy a home in based on your occupation, we decided to switch things around and analyze cities from the perspective of one occupation. With roughly 1 in 53 Americans now employed as nurses, we decided to take a look at the evolution of home prices and nursing wages…
Do Tiny Homes Live Up to the Hype?
Key Takeaways: Tiny homes have not yet gained a large share of the residential market, having been responsible for only 2% of all home sales in NYC and San Francisco for the last eight years. New apartment buildings have smaller units on average, with almost three quarters of them being under 1,000 square feet in…
What Are the Best Cities to Buy a Home in Based on Your Occupation?
In the age of renters, buying a home for some is only a distant dream. Most of the younger generation is mired in student loan debt and stuck paying high rents, with slim chances of saving even a penny for a down payment. Homeownership is especially hard for graduates that remain in high-cost cities after…
The Rise and Fall of the American Downtown – A Look into the Home Price Evolution of the Nation’s Urban Cores in the Decade Since the Downturn
From a city’s economic engine to the center of political and administrative power. From cultural heart and nightlife hotspot to dilapidated buildings and high crime rates. From opulent penthouse suites to derelict homes. The downtowns of American cities, both big and small, have always been dynamic places that shifted with the times. From the early…
USA vs. Canada: Whose Housing Market is Better?
Finding a new home has always been challenging, and watching prices go up in North America over the last ten years is enough to scare even the most optimistic of us. The markets in the US and Canada are quite different, so who has it better? What can the average buyer expect when looking for…
Top Most Expensive U.S. Zip Codes in 2018
Editor’s Note: PropertyShark is saddened by the loss of life and property caused by the California wildfires. The article below is simply a presentation of hard data and in no way attempts to ignore the devastation that these areas are experiencing. Key takeaways: Atherton’s 94027 remains the #1 most expensive zip code thanks to a…
The Big Chill – Why You Should Freeze Your Credit Now That It’s Free
With data breeches affecting everyone from retailers and banks to credit bureaus, it seems like protecting your personal data has never been more important. Thanks to recent changes to the Dodd-Frank act, it is now free for consumers to freeze their credit – one of the most efficient ways to protect against identity theft and fraud….
Here Is the Most Expensive Home for Sale in Each State + The District of Columbia
While PropertyShark has a tradition of writing about the most expensive homes for sale by state, we have never before done a nationwide list that includes all fifty states and D.C. For the first time ever, we analyzed active listings from the entire U.S. in order to identify each state’s most expensive home for sale…
More Optimistic Than Millennials, Gen Z Is Here to Revolutionize the Housing Market
New kids on the block prize homeownership, aspire for larger homes and more amenities To better understand the difference in attitude between Gen Z, Millennials and Gen X towards homeownership, intergenerational living and saving for a down payment, PropertyShark conducted a generational survey on their preferences. Key takeaways: Like other economic sectors, the real estate…
How Much Money Are You Left with Each Month After Paying All Expenses?
Key Takeaways: As an owner, you can save more than $4.5k/month in Manhattan and $3.5k in San Jose; Having the second-highest median income in the country, homeowners can save $2.6k in SF; With low living and housing costs, residents in Raleigh and Austin can save over $2k per month; Miami leaves a hole of more…
How Many People Became Millionaires by Selling Their Homes Since the Turn of the Century?
Ever wondered what it takes to become a millionaire? Besides the obvious lottery jackpot, there are a few opportunities and smart investment strategies you can choose from in the hopes of joining that particular club, and if you follow a strict set of rules, you’re destined for success. Alternatively, you can just buy a house…
For $200K, Would You Rather Buy a Box in Manhattan or a Mansion in San Antonio?
Many say that location is the number one factor when deciding on buying a house, when in reality, it’s actually our finances. Realizing that with $200,000 you can only buy 126 square feet of living space in Manhattan, while in Cleveland you can get over 3,700 square feet, can seriously put things into perspective. The…
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