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- Barrons.com
Home Buyers Are Moving Into the Driver’s Seat. 3 Things to Know.
Recent declines in mortgage rates have relieved some of the pricing pressure. For the first time since 2020, the typical home in late spring sold for less than its list price, Redfin said on Thursday. There’s a chill in the housing market as mortgage rates remain elevated and home prices hit new highs.
- Benzinga
Bargain Priced San Francisco Home Shows Good Things Come To Those Who Wait ... For A Really Long Time
Russian Hill is one of San Francisco's most expensive neighborhoods, where homes routinely fetch seven-figure prices after fierce bidding wars between prospective buyers. Knowing this, most people would assume there's a catch when a 3-bedroom, 2-bathroom house on a Cul-de-sac in Russian Hill hits the market for $488,000, and they would be right. The buyer will receive a 66% discount on the property, but they can't move in until 2053. According to details listed on Zillow, the delay is due to a t
- Fortune
San Francisco home crashes more than 60% in value after listing says buyers must wait decades to move in
"Tenant's current lease appears to grant tenants strong long term rent rate amount restrictions, unconventional method of rental payment, and possible occupancy rights until 2053."
