Soaring land acquisition costs, infrastructure expenses, and permitting fees are adding $50,000 to $60,000 to the cost of every new home in the Orlando area before construction even begins, according to Brenden Rendo, Real Estate Broker at NextHome. These upfront costs are reshaping the economics of entry-level housing in Central Florida, pushing realistic starting prices ...
Connecticut brought together 60 to 70 stakeholders — including environmental attorneys, licensed environmental professionals, consultants, and municipal representatives — who met monthly from December 2020 through May 2025 to draft regulations replacing the state’s longstanding Transfer Act. The process was exhaustive and detailed. While the group quickly agreed on major principles, such as moving from ...
Connecticut’s urban centers are filled with vacant, decaying industrial sites that companies have kept off the market for decades to avoid the state’s Transfer Act requirements. These abandoned properties represent missed opportunities for density and walkability in the very locations where the state wants to encourage growth. A new release-based cleanup system, set to take ...
While mortgage rates remain the focus of most real estate coverage, a separate affordability crisis is emerging in Hampton Roads as insurance premiums and property taxes climb sharply. These increases are raising monthly housing costs by 11-12% — even before factoring in interest rates — creating a structural affordability problem that lower rates alone cannot ...
The Bergen County residential market has split into clear tiers based on location, with properties in flood zones, on busy streets, or near railroad tracks now taking much longer to sell. During the pandemic, almost any home would move quickly, regardless of its location. Now, buyers are scrutinizing location as the primary non-negotiable factor in ...
You keep hearing that fiber internet is on the way. It’s hard not to get excited — fiber usually brings faster speeds and a steadier connection, especially when everyone in the house or your neighborhood is online at once. Maybe your provider sent a mailer, or crews have marked the sidewalks, or neighbors mentioned upcoming ...
Regulatory pressure is pushing lenders to resolve troubled commercial loans, prompting some highly leveraged property owners to sell and creating opportunities for cash buyers. For the past several years, commercial real estate lenders and borrowers have relied on loan modifications and maturity extensions to delay recognizing losses on struggling properties. This practice, widely known as ...
The average age of first-time homebuyers in St. Petersburg, Florida, has reached 40, reflecting limited affordability and constrained inventory that continue to discourage younger buyers. Jake Maisner, COO and Partner at Jac Smith Group with Keller Williams St. Pete Realty, says that despite a recent uptick in listings following the fall 2024 hurricanes, the new ...
Two major hurricanes in fall 2024 flooded properties across St. Petersburg, creating a surge of damaged inventory and changing how agents price and market homes. Jake Maisner, COO and Partner at Jac Smith Group with Keller Williams St. Pete Realty, says the flooding pushed a large number of damaged properties onto the market, forcing agents ...
In many real estate markets, entry-level homes sell quickly while luxury listings take longer to move. But in Boca Raton and Delray Beach, the opposite is currently true. Million-dollar homes are attracting rapid offers, while properties under $500,000 are sitting on the market for weeks or even months. This reversal surprises both buyers and sellers ...
Buyers who spent the past two years waiting for lower interest rates are now returning to the Austin market, even though rates remain elevated. According to Nancy Taute, Realtor at Compass RE Texas, many buyers who stayed on the sidelines for 12 to 24 months believe further waiting no longer makes sense. This marks a ...
Utah housing officials warn that structural problems in mortgage financing are pricing most residents out, even as new construction increases. According to Steve Waldrip, Senior Advisor for Housing Strategy and Innovation in Utah’s Office of the Governor, traditional mortgage systems now serve only a narrow slice of the population, and the gap is widening. “In ...
Lenders across Long Island are now treating accessory dwelling units, including basement apartments and mother-daughter setups, as income-generating assets rather than liabilities. According to Perry Pappas, team leader of The Perry Pappas Team with Coldwell Banker American Homes, the shift in underwriting standards is changing how buyers qualify for mortgages and how sellers market their ...
A growing number of coliving properties are reporting bad debt levels of 11-12%, with landlords unable to cover mortgage payments when just one or two rooms go vacant, according to Clara Arroyave, Founder and CEO of Coliving Cashflow. The coliving model itself does not cause this financial strain. Instead, financial pressure often stems from investors ...
Hotel owners are facing a profitability squeeze that extends beyond rising interest rates. Brent Jaynes, Managing Partner at Leisure Real Estate Advisors, says operators are contending with sharp, simultaneous increases in insurance, labor, and commodity costs that cannot be offset by raising room rates alone. This pressure on cash flow is changing day-to-day operations and ...
