This spring, Michelle Alonso, a realtor with The Alonso Team at RE/MAX Gateway in Santa Clarita, saw the local housing market change direction. For several weeks, mortgage rates dipped below 6% — the lowest in 3 years — drawing buyers back in. Homes that had sat on the market suddenly attracted multiple offers. But in ...
Three years ago, Silicon Valley buyers raced to outbid each other, waived inspections, and often paid tens of thousands above asking price to secure a home. Today, buyers are still paying over list — but they’re moving more deliberately, weighing their options, and pushing for better terms. Linda Baker, founder of Milestone Realty in Silicon ...
While many mountain towns experienced dramatic swings during the pandemic — bidding wars followed by sudden slowdowns — Santa Fe, New Mexico, charted a different course. The city’s real estate market remained stable, avoiding the boom-and-bust cycles that left buyers and sellers scrambling in places like Boise or Aspen. When COVID-19 hit in 2020, remote ...
If you’re following the Washington, D.C. real estate market, conflicting headlines can be confusing. Some reports warn of a slowdown, while others highlight record-breaking sales. Both are accurate — but only for certain segments. The reality is a sharply divided market, where the type of home and price point determine whether a property sells quickly ...
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 ...
