How’s the market? Real estate market disrupters: Part 2

Last week, I shared some of the changes that have disrupted the real estate market. Here are a few more. Natural disasters Although there have always been natural disasters, the pace and intensity …
Southern California added 21,700 real estate workers in the past year

Property-related jobs were 9.8% of local employment in November 2023 but accounted for 15.8% of Southern California hires for the year.
Tom Brady’s Former Rental Condo in Surfside, FL, Surfaces for $15.9M

The condo that NFL superstar Tom Brady once rented in Surfside, FL, recently hit the…
JER Investors Trust Inc. Files for Bankruptcy Amid Commercial Real Estate Crisis By Quiver Quantitative

JER Investors Trust Inc. Files for Bankruptcy Amid Commercial Real Estate Crisis
Here are top experts’ biggest predictions for the US housing market in 2024
The US housing market could start to thaw in 2024, but experts are divided on where it’s headed next.
See all homes sold in Avon, Dec. 18 to Dec. 24

The following is a listing of all real estate transfers in Avon reported from Dec. 18 to Dec 24. There were 1 transactions posted during this time. During this period, the median sale for the area was a 2,012-square-foot home on Bluebird Court in Avon that sold for $537,500.
This Virginia historian bought an ‘unlivable’ house for $18,000 in 2020 and transformed it into her dream home — Here’s how to invest in real estate if you’re priced out of today’s market
Vintage has plenty of value if you’re willing to put in the work.
‘The greatest real estate correction in my lifetime’: Grant Cardone sees doom and gloom ahead for US real estate — but here’s how savvy investors can use it to ‘grab trophy real estate’
A massive correction could be devastating for property owners.
Commercial real estate is coming off a half-trillion-dollar wipeout. It’ll be a lot more complex than ‘mass obsolescence’ next year, industry watchers say

While the commercial real estate market is facing substantial headwinds, it’s far from collapsing. But it’s still a rough road ahead, particularly for the office sector.
The Real Estate Market in 2024: What Lies Ahead?

Historically, dramatic interest rate hikes hit the residential housing market in 2023 like the Tasmanian Devil, upsetting both supply and demand and contributing to sagging month-over-month home sales all year.