Real Estate

LOS ANGELES (AP) — The nation’s housing slump deepened in June as sales of previously occupied homes slowed to their slowest pace since December, hampered by elevated mortgage rates and record-high prices. Sales of previously occupied U.S. homes fell 5.4% last month from May to a seasonally adjusted annual rate of 3.89 million, the fourth consecutive month of declines, the National Association of Realtors said Tuesday. Existing home sales were also down 5.4% compared with June of last year. The latest sales came in below the 3.99 million annual pace economists were expecting, according to FactSet. Despite the pullback in…

FREDERICKSBURG, VIRGINIA, UNITED STATES, July 2, 2024 /EINPresswire.com/ -- Nicholls Auction Marketing Group, Inc., (www.nichollsauction.com) announces the online auction of 7.5± acres of valuable commercial property with Interstate I-95 road frontage -- a rarely offered commercial real estate opportunity in Fredericksburg, VA’s highly sort after Southpoint Development on Wednesday, July 31 according to John Nicholls, president of the company. “Highlights of the 7.5± acres of commercial real estate include a 28,000± sq. ft. building (currently utilized as a cinema), 224 parking spaces and 900'± of Interstate I-95 road frontage centrally located in Fredericksburg, VA between the DMV Metro and Richmond,…

Real estate development has always hinged on location as a critical factor for success. For investors, the strategic placement of a project can significantly influence its profitability and long-term viability. Recognizing this, BSM Developers have introduced New Metro City Gujar Khan, a promising new development with a meticulously chosen location that combines accessibility, commercial potential, and residential appeal. This article provides an in-depth look at New Metro City Gujar Khan, focusing on its location, accessibility, and the various factors that make it an ideal investment. Strategic Location of New Metro City Gujar Khan Importance of Location in Real Estate The…