Just rate cut not enough to boost the realty market: Developers

Just rate cut not enough to boost the realty market: Developers
MUMBAI: Real estate developers have joined the industry chorus to welcome the 35 basis points (bps) cut in repo rate but market players and...
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Smart City project: Jaipur officials hold discussions with US experts

Jaipur officials hold discussions with US experts
JAIPUR: As part of their efforts to develop Jaipur as a smart city, Mayor Vishnu Lata and officials held discussions with American experts here...
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Adani moves container cargo from Haldia to Patna

Adani moves container cargo from Haldia to Patna
KOLKATA: Adani Logistics is carrying the largest container cargo in the National Waterway-1 from Haldia to Patna, an Inland Waterways Authority of India (IWAI)...
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Supertech promises home by Dec to 14 buyers at RERA meet

Supertech promises home by Dec to 14 buyers at RERA meet
NOIDA (UP): Supertech on Friday agreed to handover flat possession to 14 buyers and also bear their EMI or house rent costs till then,...
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Amrapali Group entered into “sham agreements” with firm linked to M S Dhoni: Auditors to SC

Amrapali Group entered into "sham agreements" with firm linked to M S Dhoni: Auditors to SC
NEW DELHI: Amrapali Group had entered into "sham agreements" with Rhiti Sports Management Pvt Ltd (RSMPL), which promotes brand of Indian cricketer Mahendra Singh...
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Housing sales in major cities fall 13% in April-June: Anarock

Housing sales in major cities fall 13% in April-June: Anarock
NEW DELHI: Sale of housing units across seven major cities in India declined by 13 per cent on quarter-on-quarter (QoQ) basis during the April-June...
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Iconic Apple Park valued at more than $4bn: Report

SAN FRANCISCO: The iconic Apple Park in Cupertino has been assessed to be worth a whopping $3.6 billion, according to the Santa Clara county. The...
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Indian real estate firms fast adopting AI technology: Report

Indian real estate firms fast adopting AI technology: Report
NEW DELHI: The real estate companies in India and China are fast adopting Artificial Intelligence (AI) technology in the development of applications that comprise...
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Home prices to rise in San Francisco Bay Area

Home prices to rise in San Francisco Bay Area VISHAL SHARMA Alliance Bay Realty The latest forecasts for the San Francisco Bay Area suggest that home prices will continue rising throughout 2019. The good news is that Bay Area home buyers could have more properties to choose from next year, thanks to some much-needed inventory growth that has taken place in recent months. In its 2019 housing market forecast, the California Association of REALTORS® wrote “The outmigration trend (during 2018) was even worse in the Bay Area, where housing was the least affordable, with 35 per cent of homebuyers moving out because of affordability constraints.” It is considered a buyer’s market if there is more than six months of inventory. A balanced market is considered three to six months of inventory. Right now, we are still in a phase where a home is sold on average in two to three weeks. While a lot of counties are seeing different demands year to date from 2018 to 2019, San Francisco and San Mateo counties are still standing in good position. Buying now still makes sense because interest rates are historically low as fed has not raised rate of interest in last couple months which makes big impact on buyers’ affordability to buy more expensive homes. While we are starting to see the markets cool a little, saying that the sky is not falling but rather we are finally seeing the market balance out. Job growth in the Bay Area and statewide has expanded for such a long time that unemployment rates have been driven to record or near-record low levels, which in turn shrinks the pool of people available to be hired by employers. Long-awaited tech IPOs will impact the Bay Area’s residential real estate market is something realtors, potential home buyers and sellers alike have been mulling over for months. According to the California Association of Realtors, the Bay Area median price rose 4.5 per cent in January 2019 compared to January 2018. Median home prices in Marin, San Francisco, San Mateo and Santa Clara counties continued to remain above $1 million, while Marin County recorded a 12.8 per cent annual price decline. 2019 is going to be a good year for selling homes. California GDP is strong and consumers have lots of buying power with record low interest rates persisting. Following data of median sold price of existing single family homes released by California Association Of Realtors in May 2019:
VISHAL SHARMA Alliance Bay Realty The latest forecasts for the San Francisco Bay Area suggest that home prices will continue rising throughout 2019. The good news...
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Dividend Homes is everywhere you want to live

From the heart of Silicon Valley down to south Santa Clara County, Dividend Homes is developing residences built with superiorcraftsmanship in carefully planned and...
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