A family calls a real estate agent looking to lease a property. They have strong credit scores, clean tax records, and enough cash to cover a double security deposit plus first month’s rent, roughly $8,000. What they don’t have is any idea they could buy a home instead. That scenario, described by Gisselle Maldonado, a ...
A well-priced home in good condition in central Pennsylvania typically goes under contract within one to two weeks. A home that misses on either variable, overpriced, poorly maintained, or both, begins to stall after three weeks, triggering a reassessment between agent and seller. That gap between fast-moving and lingering inventory is defining the region’s market, ...
For years, the housing shortage in DuPage County and the surrounding western suburbs of Chicago has had a straightforward explanation: homeowners locked into mortgage rates of 2% or 3% have little financial reason to sell. But a different source of supply is now filling part of that gap: older homeowners who are downsizing, moving into ...
The most common misconception among first-time homebuyers has not changed much over the years: they believe they need a large down payment and excellent credit to qualify for a mortgage. In parts of Los Angeles County where median home prices sit around $500,000, that belief keeps would-be buyers on the sidelines, paying rent while assuming ...
Six cities in the southeast corner of the Phoenix metro are in a seller’s market. A short drive south, in Maricopa, inventory has accumulated to a degree that could take years to absorb. The difference has less to do with demand, which remains relatively healthy across both areas, and more to do with where new ...
The real estate brokerage landscape in Eastern Massachusetts is consolidating, not because smaller firms are failing, but because the operational demands of running one have grown faster than most small shops can staff for. Regulatory shifts at both the state and national level, the pressure to adopt AI tools, and rising client expectations around marketing ...
Across the Las Vegas Valley, rental listings are lingering. Properties that once leased in days now sit for weeks, and in some cases, months. The shift has forced property owners to rethink not just what they charge, but what they offer tenants to get them through the door and keep them there. The change is ...
Kootenai County’s housing market splits cleanly by price, and the split reveals something less obvious than typical supply-and-demand math: the fastest-moving homes and the slowest-moving homes are being shaped by two entirely different sets of buyers. Cody Fenske, who leads Apex Realty Partners with EXP Realty in Kootenai County, works primarily with out-of-state buyers and ...
Builders in the North Dallas suburbs have enough standing inventory – and enough willingness to discount – that they are effectively setting the terms for the entire housing market. Resale sellers who price correctly and maintain their homes well are still finding that properties sit, not because of any flaw in the home, but because ...
Nationally, housing inventory is rising, and leverage is shifting toward buyers. Chicago is not following that pattern. Inventory remains tight, particularly in single-family homes, and the structural reason is straightforward, according to Zohaib Khurshid, a listing agent with RE/MAX Premier: homeowners locked into mortgage rates of two or three percent have little financial incentive to ...
Most residential markets follow seasonal patterns shaped by school calendars and weather. Hampton Roads, Virginia, follows those too, but layered on top is a second cycle driven by military Permanent Change of Station orders, known as PCS moves. With Norfolk Naval Base, Oceana, Coast Guard installations, and Air Force facilities spread across the region, the ...
Most residential real estate markets are driven by people who need a place to live. California’s high desert, the stretch of communities surrounding Joshua Tree National Park, from Palm Springs southwest of the Morongo Valley, Yucca Valley, and Twentynine Palms, operates on a different ratio. Roughly 75 percent of buyers in this market are purchasing ...
Thousands of homes burned in Pacific Palisades. The neighborhood is mid-rebuild, partially a ghost town, and priced roughly 20% below where it stood before the fire. In most residential markets, those conditions would signal distress. In Palisades, they are attracting a specific kind of capital: investors buying single-family homes at a discount, renting them for ...
In most metro-adjacent housing markets, demand does not rise and fall evenly. It moves geographically, spreading outward from the employment center in a pattern that rewards close attention to where buyers are landing and where they are pulling back. In North Jersey, that pattern is playing out with unusual clarity right now, and the implications ...
Homes priced above half a million dollars in Collin County are moving steadily. Below that threshold, they sit, sometimes for weeks, because the buyers who need them most can rent for less than a mortgage payment would cost. That dynamic defines the current state of one of the Dallas-Fort Worth metroplex’s fastest-growing counties, according to ...
