Newport Beach Real Estate News
Newport Beach
Phoenix, Orange County and Inland Empire Emerge as Leading U.S. Industrial Markets
In the final quarter of 2024, industrial real estate remained one of the most stable segments within commercial real estate, according to CommercialCafe.
80 Million Americans to Hit the Road, Skies and Seas for 2024 Thanksgiving Holiday
AAA estimates that 79.9 million people will travel 50 miles or more from home during the Thanksgiving holiday period. For the first time, the forecast includes the Tuesday before and the Monday after Thanksgiving Day, offering a more comprehensive view of holiday travel patterns.
Luxury Housing Markets in U.S. Poised to Outperform in 2025
According to international property consultancy Knight Frank, the shift to lower interest rates is expected to boost activity, with prime housing markets across the U.S. poised to benefit ahead of the broader housing market recovery.
California Home Sales Hit 7 Month Low in August, Despite Lower Rates
New data from the California Association of Realtors shows that California's statewide home sales hit a seven-month low in August 2024, as buyers paused despite mortgage rates reaching their lowest point since spring 2024.
