The longtime California residence of the late art collector and philanthropist Chara Schreyer has popped up for sale, asking just over $8.2 million. WTSPĬhara Schreyer’s Longtime California Home Hits the Market for $8.2 Million In Tampa, buyers are paying, on average, close to 43% more than what that home should be worth. In fact, the Sunshine State has nine out of the top 15 “most overvalued and steadily rising metro areas” for home buyers in the U.S. The Tampa Bay area is home to the most overvalued housing market in Florida-a state with its fair share of overheating markets-according to data from Florida Atlantic University. Tampa Bay Is Florida’s Most Overvalued Market Now the worst case scenario would end with home values remaining flat. It’s a major reversal of the firm’s earlier predictions, which had Melbourne home values expected to plunge as much as 12% this year. Economists at PropTrack have estimated that the city’s dwellings could end 2023 up by 2% compared to where they started the year, and rise another 3% in the following 12 months. Melbourne Home Values Poised to Rise A$40,000 By the End of 2024Ī typical home in Melbourne, Australia, could be worth as much A$40,000 (US$26,140) more by the end of 2024, according to fresh predictions for the city’s property market.
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