The private lending market is dividing along a single line: how much risk a lender took on when capital was cheap. According to Matthew Coleman, a private lending broker at Vi Capital Lending Group and former builder in Atlanta, who brokers deals through multiple lending sources and has direct visibility into their operations, lenders who ...
When 60 to 70 percent of buyers in a market are spending accumulated real estate wealth rather than current earnings, the market operates by different rules than national economic indicators suggest. In Santa Barbara, that disconnect between price levels and income-based affordability is not a temporary distortion – it is the market’s defining feature, according ...
In most of Bucks County, Pennsylvania, the housing market runs on familiar suburban logic: limited inventory, competitive bidding, and first-time buyers stretching to qualify. In Pipersville, at the county’s northern edge, the math works differently. Farms outnumber listings, acreage is measured in dozens rather than fractions, and the buyers who show up are coming from ...
Prospective homebuyers waiting for mortgage rates to fall may be waiting for conditions that only a major global crisis would create. Current 30-year fixed mortgage rates of about 7.25% are not an anomaly, according to Jason Huerkamp of Huerkamp Home Group in the Twin Cities. That figure matches the historic 50-year average. The low rates ...
Property tax assessments in Jersey City, New Jersey, are growing harder to forecast. As a result, developers working on thin margins are turning to nearby towns where tax structures offer more certainty. The shift may slow the region’s supply of new housing. Jersey City has long led North Jersey’s residential development boom. But Jesse Toledano ...
In Pierce County, Washington, cash offers used to mean leverage. Investors could close fast, skip financing contingencies, and walk away with a discount. That trade-off has broken down, according to Josh Barnard of The Barnard Group with Real Broker – and the shift is rewriting how investors need to approach acquisitions in this market. Barnard, ...
In most housing markets, a pipeline of several thousand new units would raise concerns about oversupply. In Chesterfield County, south of Richmond, that construction is being absorbed without visible pricing pressure – a dynamic that Matthew Henry, who leads the Henry Team and focuses on residential listings in the Chesterfield and South Richmond area, attributes ...
Five years ago, buyers in Darien, Connecticut, paid steep premiums for the right neighborhood. Today, with roughly 6,300 households in a town spanning 12 to 14 square miles and almost no developable land remaining, buyers compete for whatever becomes available – and previously second-tier areas are commanding prices that once belonged exclusively to the town’s ...
For years, luxury buyers in the hills around Los Angeles prioritized views, acreage, and privacy. Insurance was a line item, not a deciding factor. That era appears to be ending. In the West Valley and surrounding fire-prone areas, insurance costs have climbed so steeply – and coverage has become so difficult to secure – that ...
In most Texas housing markets right now, buyers have leverage they have not enjoyed in years. Inventory is up, prices are softening, and seller concessions – credits toward closing costs or interest-rate buydowns – have become a common negotiating tool. But in the luxury corridors west of Dallas, that playbook stops working above a certain ...
In parts of the Midwest where the housing market still favors sellers, a split is emerging that has less to do with location than with condition. Two houses can sit side by side in the same neighborhood, built around the same time, and sell at noticeably different prices. The difference, according to Jean Lewis, who ...
Buyers considering waterfront property anywhere in Florida tend to treat insurance as a dealbreaker before they have priced it. Along the Gulf Coast’s barrier islands, agents say the difference between an alarming quote and a manageable one often comes down to something surprisingly simple: whether the buyer contacts a national carrier or a local insurer ...
Buyers assume a barrier island in hurricane-prone Southwest Florida must be one of the most expensive places to insure a home. On at least one island near Placida, Florida, the opposite may be closer to the truth – and the reason comes down to elevation and flood zone classification, not marketing. Robin Madden, owner of ...
Rising home prices are often blamed on mortgage rates. In Chicago’s western suburbs, the bigger driver is a shortage of homes for sale. Buyers there have spent roughly two years competing for a limited supply of listings, according to Chris Pequet, a broker with Jameson Sotheby’s International Realty. Pequet has worked mainly in the area’s ...
Many sidelined home buyers share the same strategy: wait for interest rates to fall, then buy. That plan assumes the market will hold still while they wait. In Missoula, Montana, Zach Gratton and Chris Funston of GFG Real Estate argue that assumption is wrong. Buyers waiting for lower monthly payments may face higher prices and ...
