KeyCrew's Consumer Real Estate Coverage
Condominium projects originally designed for sale are converting to rental use across Quebec, adding inventory to a market where vacancy is already rising, and rents are falling. For small landlords who bought properties during the post-COVID boom, these conversions introduce competitors that national housing data does not capture until units are actually listed, according to ...
If you own a home in southern New Hampshire right now, selling it probably won’t be your problem. Homes still move quickly, often at or above asking price. The real challenge – the one that catches sellers off guard – is figuring out where you’re going next. In a market this competitive, selling without a ...
A home listed at $350,000 in Bakersfield, California, looks like a bargain compared to what the same money buys in Los Angeles or the Bay Area. But out-of-town investors keep making the same mistake: they chase the purchase price and ignore whether the rental income can actually service the debt. Ernesto Osuna, Broker/Owner of D ...
For years, real estate observers in the Philadelphia metro region described South Jersey as undervalued – a suburban stretch with beach access and lower taxes that hadn’t caught up to its northern counterpart. That description is outdated, according to Shelby Morgan, Broker/Owner of Morgan Capital Real Estate in Marlton, New Jersey. Prices in parts of ...
Two years ago in the Buffalo metro, getting a home often meant going over the asking price. Buyers approved for $350,000 would bid $360,000 and figure out the difference later. That era is over. According to Lawrence Blaber, a Realtor with WNY Metro Roberts Realty who works with both homeowners and investors across the Buffalo ...
You found the house. It is 10:30 on a Tuesday night; you are scrolling through listing photos on your phone, and you have three questions you want answered right now. You fill out a contact form. Nobody responds until the next afternoon. By then, you have moved on, or worse, another buyer has moved faster. ...
For more than two years, market watchers in the greater Houston area have been bracing for a surge of foreclosures. The logic seemed sound: pandemic-era moratoriums expired, interest rates jumped, and homeowners who stretched too thin would inevitably fall behind. But the wave hasn’t arrived – at least not in the form anyone predicted. What’s ...
Buyers relocating to South Jersey from New York or North Jersey often arrive expecting a bargain. Home prices are lower, lots are bigger, and commute access to Philadelphia remains strong. But the sticker price is only half the equation, and property taxes blindside people who haven’t done their homework, according to Maria Robles, a Realtor ...
Investors who purchased Cleveland apartment buildings in 2021 or 2022 with 3% mortgages and top-of-market pricing now face a sale price gap they cannot close. Mortgage rates sit in the six-and-a-half-percent range, which means buyers today need higher cap rates to make the numbers work, and higher cap rates mean lower prices. Owners who stretched ...
National stories about softening prices in Florida, Arizona, and parts of Texas suggest buyers everywhere hold the cards. In the Minneapolis-St. Paul metro, that assumption is costing buyers deals. Minnesota does not move like those headline-grabbing markets, says Bryan Vant Hof, a Realtor with RE/MAX Advantage Plus and The Minnesota Real Estate Team. Vant Hof ...
Daily JetBlue service from Vero Beach to Boston and New York ends in December. That loss would normally signal trouble for a small Florida luxury market built on Northeast transplants. Instead, barrier island sales are up nearly 28 percent year over year, according to Ben Bryk, co-founding principal of Vero Premier Properties, the Signature Division ...
Three luxury high-rise projects are going up along the Fort Lauderdale and Pompano Beach waterfront: a Waldorf Astoria, a W Hotel property, and a Ritz-Carlton tower. For investors watching South Florida, this kind of branded development pipeline signals institutional confidence in a corridor’s future. But the opportunity these buildings represent requires a longer holding period ...
It sounds backward, but in New York’s Hudson Valley, paying a higher price for a home in good condition may cost less overall than buying a cheaper fixer-upper. Renovation costs have climbed so sharply that the discount on a home needing work often doesn’t cover the cost of fixing it. A higher purchase price can ...
National headlines about soaring flood insurance have made barrier-island buying sound like a financial minefield. But in Ocean City, New Jersey, buyers routinely arrive bracing for five-figure annual premiums and find the actual cost far lower. That gap between perception and reality, according to one agent with 37 years in the market, may be steering ...
Most private owners in Dallas-Fort Worth (DFW) don’t learn the true cost of their custom home or renovation until the design is fully complete. By then, changing anything means starting over. This budget shock is largely preventable. Preventing it means adopting a practice that public infrastructure projects have used for years. On public projects such ...
