Just a few years ago, buyers searching for homes along the New Jersey Shore could ask for nearly anything — closing cost help, mold removal, new appliances — and sellers often agreed. That era is over. In Monmouth and Ocean Counties, the advantage has shifted back to sellers, and buyers who push for concessions are ...
If you’re planning to buy or sell in Jersey City, you’re entering a market that looks very different from just a year or two ago. The days of rapid bidding wars and runaway prices are over. Instead, buyers have more time to make decisions, sellers are offering incentives, and both sides are focused on what ...
After several years of rapid, no-conditions bidding wars, homebuyers are now approaching purchases with greater caution and negotiation. Buyers who once rushed to secure homes are now insisting on repairs and including conditions in their offers, leading to more complex deals and transaction chains not seen since 2017. Andra Arnold, broker and team lead at ...
New Jersey loses about 18% of its residents each year, yet the state’s housing market remains defined by tight supply, high prices, and fierce competition. Nicole Romanik, a licensed real estate sales associate at Keller Williams Village Square Realty, says the contradiction highlights a gap between statewide migration trends and local housing realities. “In the ...
Chicago is widely viewed as a high-tax real estate market. This reputation overlooks a key fact: investment properties in the city are taxed at lower rates than owner-occupied homes, and rental income is strong enough that taxes rarely prevent solid investment returns. Property taxes are often cited as a major obstacle for real estate investors ...
New multifamily construction starting in 2025 dropped sharply from the 2021 peak, deepening a supply shortage in the affordable housing market that is unlikely to be resolved for years. Amy Rubenstein, CEO of Clear Investment Group, says the situation is most difficult in C-class workforce housing, where new construction was already rare, and supply typically ...
Traditional banks are re-entering the distressed multifamily lending market after a two-year retreat, according to Amy Rubenstein, CEO of Clear Investment Group. Regulatory changes have reduced bank reserve requirements, and interest rate expectations have stabilized. Banks are now competing directly with private debt funds that captured significant market share during their absence. “When banks pulled ...
New weekly data shows Austin’s residential housing market tightening more than most industry reports suggest, challenging the widely held view of ongoing oversupply. According to Jen Berbas, Founder and Team Lead at Berbas Group, there are now 9% fewer homes for sale in central Austin compared to the same week last year, and 7% more ...
Short-term rental (STR) investors are stepping back from residential properties in resort markets as acquisition costs have risen faster than rental income, fundamentally changing the buyer landscape in destinations like Whitefish, Montana. During the pandemic, STR investment drove a surge in buyer activity in resort areas. That thesis of buying properties to generate high rental ...
Experienced buyers in Montana’s Flathead Valley are changing their approach to real estate. Rather than rushing to compete, they are becoming more selective and patient — a clear sign that the urgency of the pandemic-era resort market has faded. In Whitefish, the buyers who know the market best are slowing down. Sonja Burgard, a realtor ...
Commercial real estate lenders are conducting highly localized due diligence that goes well beyond traditional underwriting, according to Logan Freeman, managing broker at Midwest CRE Advisors. Lenders now factor in neighborhood crime rates, school quality, demographic trends, and three- to five-year area outlooks when making financing decisions. As a result, brokers must approach two to ...
Scroll through Fort Lauderdale’s property listings and a stark contrast emerges: waterfront estates priced at $20 million are selling briskly, while mid-tier homes linger on the market for months. Even as much of Florida’s housing market slows, the city’s ultra-luxury segment is accelerating, drawing a distinct group of high-net-worth buyers and reshaping local real estate ...
After three weeks without offers, a seller in Denver dropped the price of a three-bedroom home from $800,000 to $775,000 and added a $5,000 closing cost credit — the property sold within five days. Just two years ago, this scenario would have been rare. During the pandemic boom, Denver homes often sold for $50,000 to ...
You’re about to close on a home in upcountry Maui when your lender delivers an insurance quote: $4,200 a year, far above what you expected. Or you receive notice that your longtime insurer is exiting Hawaii altogether. For buyers and homeowners across Maui, insurance costs have moved from a minor line item to a major ...
Scottsdale’s real estate market is no longer moving in unison. While luxury homes in Paradise Valley are setting new price records, condos under $400,000 are losing value and sitting unsold for months. This growing divide is creating sharply different conditions for buyers and sellers, depending on their price point and neighborhood. Jennifer Wilson, a Scottsdale-based ...
