Welcome to Real Estate Guide
San Diego Real Estate Article
. For a permanent link to this article, or to bookmark it for further reading, click here.
You may also listen to this article by using the following controls.
There's Nothing Old About the New Jersey Real Estate Market
from:When it comes to property, one of the largest and most active locations in the United States is that of the New Jersey real estate market. With approximately 18 counties and numerous cities and towns, the Garden State offers a number of property settings in both urban and rural settings. Whether in the market to buy or sell, one can find single family homes, commercial properties and even vacation rentals right on the Jersey shore. As one of the oldest states in the union, the state plays home base to many corporations and major industries, from insurance companies to textile mills.
Like any other market, New Jersey real estate trends go up and down with the times yet manages to remain quite vigorous compared to other areas of the country. Census records indicate that the state consistently ranks in the top five for having one of the highest median incomes. Of the top 100 richest counties across the U.S., New Jersey has nine. This has quite an effect on New Jersey real estate on both residential and commercial levels. Businesses that move into the state and set up on commercial or industrial properties bring employees that also set up in residential properties.
Although the New Jersey real estate market is one that is known to have higher median home prices and property taxes than other states, many have found affordable single family homes by staying directly out of urban areas and opting for the outer lying vicinities. The recent housing boom has had some of its greatest success throughout New Jersey, allowing prospective buyers to find ideal locations at reasonable prices. Rural home sales in the state also carry a good part of the market. With its long history as an industrial hub and a number of ultramodern factories and mills, the sale of industrial properties also helps to keep the market busy.
The New Jersey real estate market is also a bonus for investors of vacation properties thanks to the many miles of glistening beaches on the Jersey shore. A hotspot for couples and families on retreat, picturesque beach towns often find themselves renting out vacation homes year round. Whether making an escape for just the weekend or an entire summer, it is very much tradition for guests to rent fully furnished homes rather than hotels to stay in. With homes being rented by the weekend, week or month, investors of vacation properties are known to see a better than average return on their investments. There are some New Jersey real estate companies that have now turned to dealing exclusively in the outlay of beach properties.
San Diego Real Estate News
BioMed Realty Trust Reports Fourth Quarter and Full-Year 2011 Financial Results - Sacramento Bee
BioMed Realty Trust Reports Fourth Quarter and Full-Year 2011 Financial Results Sacramento Bee By BioMed Realty Trust, Inc. SAN DIEGO, Feb. 8, 2012 -- /PRNewswire/ -- BioMed Realty Trust, Inc. (NYSE: BMR), a real estate investment trust focused on Providing Real Estate to the Life Science Industry®, today announced financial results for the ... |
Real estate field reacts to SD MLS's data idea - U-T San Diego
Real estate field reacts to SD MLS's data idea U-T San Diego Real estate bloggers in San Diego and elsewhere applauded and booed the San Diego region's MLS after it said it will allow members to enter their contact information into a new field that could be featured prominently on real estate search sites such ... |
HOTELS IN S.D., DEL MAR FOR SALE - U-T San Diego
HOTELS IN S.D., DEL MAR FOR SALE U-T San Diego Two Del Mar-area hotels valued at more than $100 million are being marketed for sale by their owner, Orange County-based Sunstone Hotel Investors, a national real estate trade publication has reported. The 281-room San Diego Marriott Del Mar, ... |
Kilroy Realty Corporation Prices Offering of Common Stock - MarketWatch (press release)
Kilroy Realty Corporation Prices Offering of Common Stock MarketWatch (press release) For over 60 years, KRC has owned, developed, acquired and managed real estate assets, consisting primarily of Class A real estate properties in the coastal regions of Los Angeles, Orange County, San Diego County, the San Francisco Bay Area and greater ... |
BioMed Realty Trust to buy Cambridge Place for $119m - Boston Globe
 GlobeSt.com | BioMed Realty Trust to buy Cambridge Place for $119m Boston Globe By Chris Reidy BioMed Realty Trust Inc., a San Diego-based real estate investment trust that focuses on the life sciences industry, said it has agreed to buy Cambridge Place for $119 million. When completed, the transaction would expand BioMed's real ... BioMed Realty Trust to Acquire Cambridge Place For $119 Million BioMed To Take on Cambridge Place for $119M |