The most competitive segment of the Twin Cities housing market isn’t where most people assume. In the south metro – an area spanning Burnsville, Lakeville, Prior Lake, and surrounding communities – the lower end moves quickly and the upper end has been surprisingly active. The middle of the market is stuck, squeezed by a dynamic ...
Inventory in the Austin, Texas metro has loosened considerably since the pandemic-era frenzy. Buyers browsing online listings could reasonably conclude they have time to deliberate, compare, and negotiate. In the northwest suburbs – communities along the Highway 183 corridor running through Cedar Park, Leander, and Round Rock – that conclusion holds for most of the ...
Most housing markets along the California coast have loosened over the past two years as interest rates climbed and buyer urgency faded. Santa Barbara’s south coast – stretching from Carpinteria through Goleta – has loosened too, but from a starting point so tight that the current inventory level still registers as a seller’s market. With ...
A town of fewer than a thousand people would not normally register on an investor’s radar. But in Paw Paw, Illinois – roughly an hour south of Rockford and a couple hours west of Chicago – residential listings are moving under contract within weeks, prices have climbed from the $50,000–$70,000 range to the mid-$200s in ...
Most discussions of farmland values center on crop yields, commodity prices, and interest rates. In the dairy country of western Wisconsin, a different buyer is driving the market: the recreational hunter. Whitetail deer hunters have pushed per-acre prices beyond what agricultural economics alone would justify, creating a land market where habitat quality, trail camera history, ...
Move-in-ready homes on Chicago’s Northwest Side haven’t disappeared. They’ve just moved to the top of most buyers’ price range. With mortgage rates hovering near 7 percent and purchasing power compressed, a growing number of buyers in neighborhoods like Edison Park, Norwood Park, and Edgebrook are shifting their search toward homes that need work – a ...
Most housing markets describe low inventory as a supply problem. In Hartsdale, a small community in lower Westchester County about 30 minutes north of Manhattan by train, the shortage is a turnover problem, according to Rey Hollingsworth Falu, broker at Hollingsworth Real Estate Group. Homeowners who locked in mortgage rates between 2.5% and 3% during ...
Austin’s residential real estate market is moving in two directions at once. The resale segment is facing challenges, particularly for some homeowners who purchased between 2021 and early 2024 and now have limited equity or may owe more than their homes would sell for. New construction, meanwhile, is attracting buyers through financing incentives, driven by ...
The conventional picture of a healthy housing market assumes activity across the price spectrum, first-time buyers at the bottom, move-up buyers in the middle, and luxury purchasers at the top. In the Kansas City metro, that middle layer has largely gone quiet. Upper-end buyers are transacting, entry-level buyers are finding ways in with family financial ...
Most Florida markets that lose 25 to 30 percent of their home values are in decline. On a ferry-access barrier island off the coast of Englewood in Charlotte County, the drop is producing something different: a functioning market reorganizing around a lower price band, with rebuilt housing stock and buyers who are willing to pay ...
In the part of southern Illinois that runs through Randolph and Perry counties toward the Missouri line, the housing market operates at a scale most metro buyers would not recognize. The area has little commercial property and few businesses, according to Nona Shaw, an agent with Tri County Realty, and the market is thin enough ...
A resale home in Royse City, Texas, has been sitting on the market for over ten months. A nearby resale property closer to downtown Dallas went under contract in 16 days. Both are in the same metro area, served by the same agent. The difference is not location alone – it is what new-construction builders ...
Durham’s housing market is sorting homes by condition and price. Emily Godrich of Heart NC Realty Group sees both outcomes: her two most recent Durham listings each sold within five days with multiple offers, while other homes in the market are not selling right away. Pricing has had to adjust as well. “We’ve had to ...
A year ago, newer private lending fund managers were writing offering memorandums with relatively loose language. Today, those same documents read differently, stricter concentration limits, double-underwriting requirements, and pledges of conservative asset allocation that would have seemed unnecessary in a more optimistic climate, according to Scott Ward, owner of The Ward Company and its subsidiaries, ...
In Hampton Roads, Virginia, home to 13 military bases and every branch of service, the question behind a home purchase is not only whether the house works now, but what happens to it when orders arrive. Erin Ward, who leads a residential team at LPT Network HRVA Homes in Norfolk, says many military buyers in ...
