Riyaz Khan
Mr. JR Shah, a seasoned real estate broker with over 30 years of experience in the industry, shares his insights on the current trends in the California real estate market. Despite concerns such as the recent fires in Los Angeles, interest rates, and tariffs imposed by the new administration, Shah remains highly optimistic about the market’s future.
While residential buyers are showing some caution, he notes that when properties are priced correctly, multiple offers can still be expected. The demand for residential real estate remains strong, with interest rates having a minimal impact on buying and selling activities.
Retail sales have been slightly affected, and some office spaces remain vacant. However, larger industrial buildings face more significant challenges. On the other hand, office buildings are seeing a positive trend as businesses gradually return to in-person operations.
“I had a great year in 2024,” says Shah. “Interest rates do influence overall sales activity, but with the right strategy and approach, success is always possible.”
His firm specializes in the sale of residential homes, apartment complexes, shopping centers, commercial and industrial properties, as well as mergers and acquisitions.
For further information, please contact JR Shah at (714) 335-9048.
Also Read:Â U.S. Green Card Through Real Estate Investment: What Indian Investors Should Know
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