The ground is shifting in California—and it’s not the San Andreas Fault.
Tag: San Francisco
Dealmaker: Newmark Knight Frank Arranges $36M Refinancing, $39M Sale
Newmark Knight Frank, New York, arranged $36 million in refinancing on behalf of DivcoWest for 180 Townsend, a four-story, 41,000-square-foot San Francisco office building.
Bidding Wars Remain at 10-Year Low
Redfin, Seattle, reported just 9% of offers written by its agents on behalf of their home buying customers faced a bidding war nationwide in December, down from 12% a year earlier and setting another new 10-year low.
Housing Markets that Changed Most over Past 10 Years
According to Redfin, Seattle, the U.S. housing market ended the decade in a “vastly different place” than it began.
Redfin: Bidding Wars at 10-Year Low in November
Redfin, Seattle said 10 percent of offers written by Redfin agents on behalf of their homebuying customers saw a bidding war in November, down from 29% a year earlier and hovering at the 10-year low for the fifth consecutive month.