Despite higher office building vacancy rates, sales on distressed commercials properties have been slow to start. With leases set to expire soon, that could change, experts say.
Homeowners and potential buyers are looking for features that allow them to enjoy the outside of their homes as much as the inside. Among them are backyard pickleball courts and weather-resistant landscaping.
Wealth passed down from one generation to the next provides financial security for children and grandchildren. Buying a house is one step in the process.
Existing home sales saw the largest monthly increase in a year nationally, NAR said. The median price in the South was $354,200, up 4.1% from last year.
Single-family sales up 2.2% YoY, median price up 5.1% ($415K), condo median up 3.2% ($325K). New listings and inventory up in both property categories.