The Paterson area saw 19 home transfers between April 15 and 21, with a median sale price of $420,000 for a 1,870-square-foot home on Union Avenue. Notable transactions include a 1,796-square-foot property at 61-63 16th Ave. for $393,000 and a 2,448-square-foot home at 1 Circle Ave. for $449,000. The most expensive transfer was a property at 655-657 21st Ave. at $870,000, while the most affordable was a 831-square-foot home at 175 Broadway for $166,000.
One home was sold in the Perth Amboy area from April 15 to April 21, with a median sale price of $435,000. The property sold was a 1,412-square-foot home on Chamberlain Avenue, priced at $308 per square foot.
From April 15 to 21, there was one home transfer reported in the Bayonne area. The median sale price was $245,000 for a 680-square-foot home on Kennedy Boulevard. This is according to Real Estate Newswire, a service that uses machine learning to analyze data from Propmix, an aggregator of national real-estate data.
In the past week, West Linn saw seven residential real estate sales with an average price of $783,159 and an average price per square foot of $324. The most expensive sale was a house that sold for $1.2 million.
A luxurious property located on the 3500 block of Ross Road in Palo Alto was recently sold for a substantial sum of $5,650,000. With an impressive interior space of 4,660 square feet, the two-story mansion offers a spacious and meticulously designed layout. Featuring eight bedrooms and six bathrooms, the home provides ample living space for a large family. Additional amenities include a cozy fireplace, a two-car garage, and a sprawling 0.3-acre lot.
In the past week, 16 residential properties were purchased in Happy Valley/Clackamas, with an average price of $653,961 and an average price per square foot of $255. The most expensive sale was a home in Happy Valley that went for $1 million. The prices represent transactions where the title was recorded during the week of April 15, even if the sales occurred earlier.
China’s state-directed economy could be setting the stage for a new wave of bond defaults, potentially starting next year, according to S&P Global Ratings. This would mark the third round of corporate defaults in about a decade, coming after a period of extremely low defaults in China. The concern stems from the government’s directives to discourage defaults and directives targeting the real estate sector, which has dragged down the economy. The slowing growth and vulnerability of sectors like tech, consumer, and retail further exacerbate the situation. While some analysts see positive signs in corporate earnings performance, the overall economic outlook remains uncertain.
MaineHealth nursing home medical director Julia Redding joins the Avesta Housing Board of Directors, while Dallas Phillips assumes a retail area sales manager role at UScellular. Additionally, Jennifer Small earns a Certified Commercial Investment Member designation at Malone Commercial Brokers, and Carly Saunders and Alexia Fornaro advance their careers within the real estate industry. Furthermore, Nickol Daigle joins Bar Harbor Bank & Trust as a mortgage loan originator, bringing experience from the education, healthcare, and banking sectors.
During the period of April 15 to April 21, there were 45 home sales reported in Harrisburg. The median sale price for this period was $164,000 for a 1,379-square-foot home on Ridge Street in Steelton. The most expensive home sold during this time was a 2,558-square-foot, four-bedroom, three-bathroom property on Montfort Drive in Susquehanna Township, which sold for $420,000.
From April 15th to 21st, Mount Laurel witnessed three home transactions. The standout property was a 1,875-square-foot abode on Buckingham Way that commanded a price of $400,000, translating to $213 per square foot. The median sale price for homes in the area during this period was $400,000.
