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Amazon Creating 3,500 Jobs In Tech Hubs Across The U.S.

Business Facilities

billion in expansions of its Dallas, Detroit, Denver, New York, Phoenix, and San Diego Tech Hubs. The jobs will be created as Amazon invests more than $1.4 Read: Amazon Creating 3,500 Jobs In Tech Hubs Across The U.S. at BusinessFacilities.com.

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Home Prices Shatter Another Record

Pro Builder

Phoenix, San Diego, and Seattle reported the strongest price increases of the 20 cities. Prices in Phoenix increased 29.3% In San Diego they rose 27.1%, and in Seattle they were up 25.0%. The 10-City composite index rose 18.5%, up from the previous month’s 16.6% year-over-year.

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Could the Fall Season Bring a Cooler Housing Market?

Pro Builder

The largest drop-offs were in Buffalo, San Diego and San Francisco. . Among the nation’s largest markets, annual appreciation was fastest in August in Austin (44.8%), Phoenix (31.8%), Salt Lake City (27.9%) and San Diego (26.9%). . But while month-over-month appreciation is coming back to earth, annual U.S.

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These Metros Will Be the First to See Prices Fall in a Market Correction

Pro Builder

In 2023, Goldman Sachs expects double-digit home price declines in major markets like Austin (-15.6), San Francisco (-13.7%), San Diego (-13.4%), Phoenix (-12.9%), Denver (-11.4%), Seattle (-11.2%), Tampa (-11.2%), and Las Vegas (-11.1%). Indeed, through November, Austin is down 10.4% from its 2022 peak home price.

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Home Prices Jumped Double-Digits in December, Highest Pace Since 2013

Pro Builder

Phoenix, Seattle, and San Diego continued to show the strongest price gains among the 19 cities surveyed. Year-over-year prices in Phoenix rose 14.4%. and San Diego saw a 13% increase. In Seattle, they rose 13.6%

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Are Million-Dollar Homes Shrinking?

Pro Builder

Million-dollar “shrinkflation” is most prevalent in cities like Phoenix, Austin, Los Angeles, and San Diego, where fewer new listings are creating tighter competition for smaller and more expensive homes. There were only two metros where the size of a million dollar home increased – Minneapolis and St.

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Bidding Wars Continue to Rage On

Pro Builder

Competition remains high in coastal cities such as San Diego and San Jose/San Francisco, but also Salt Lake City. One Redfin agent located in San Diego says anything under $600,000 has received multiple offers but condominiums are more slow as buyers look for homes with outdoor space.

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