San Jose Real Estate News
San Jose
Multifamily Property Sector in America Rebounding
CBRE's latest research highlights a strong recovery in the U.S. multifamily market during late 2024, fueled by declining vacancy rates and robust demand.
More Americans Opting for Renting Over Homeownership in 2024
According to new research by CBRE, the rising cost of homeownership is prompting more Americans to opt for renting. On average, monthly mortgage payments for new homes are currently 35% higher than apartment rents, creating a significant affordability gap.
Small Investors Quietly Reshaping the U.S. Housing Market in Late 2024
Recent research from CoreLogic in Q3 of 2024 underscores the prominent role of smaller investors, commonly referred to as mom-and-pop landlords, who typically own three to ten properties.
U.S. Home Builders Express Optimism for 2025
Builder sentiment remained consistent at the close of 2024, as elevated home prices and mortgage rates balanced builders' optimism about a potential improvement in the regulatory business environment by 2025.
