Banks re-entered the construction lending market in 2025 with compressed spreads and competitive terms. Still, developers report that a shortage of available equity, not debt, remains the main obstacle to new construction starts. Despite easier access to financing, capital remains tied up in existing projects that have not yet been sold or refinanced, preventing investors ...
Intensifying rental competition in San Francisco directly preceded the surge in the condo market in January 2026. High-income renters, pushed out by bidding wars and escalating rents, moved quickly into the buyer pool, according to Tim Gullicksen, Team Lead at Gullicksen Group, Corcoran Icon Properties. The connection between the two markets confirms that San Francisco’s ...
Stress in commercial real estate lending is not distributed evenly across the banking sector. Institutions with assets between $2 billion and $50 billion are generating a disproportionate share of distressed asset liquidation mandates in the Midwest and Southeast, according to Edward Durnil, President and CEO of Tranzon Asset Advisors. The pattern suggests that a lender’s ...
Kirk Hudson, Broker at Baird & Warner, reports a significant increase in LGBTQ+ individuals relocating to Chicago from other states, citing safety, representation, and legal protections as the primary reasons. Unlike previous years, most new arrivals are choosing to rent before considering homeownership, a pattern Hudson attributes to the uncertainty of moving for safety rather ...
Property tax hikes and landlord business practices are pushing qualified renters out of Chicago neighborhoods, making it harder for residents to move from renting to owning, according to Kirk Hudson, Broker at Baird & Warner. The resulting barrier to homeownership is driven by rental inflation, not mortgage rates. How Chicago’s 2024 Property Tax Increases Pushed ...
Rising construction costs are forcing affordable housing developers in Florida to pause or abandon projects that were financially viable just 18 months ago. Miles Alexander III, Founder and Managing Partner at Alexander Goshen, says higher material prices, persistent labor shortages, and elevated interest rates are making it difficult to bring new affordable units to market. ...
The pandemic triggered a sharp divide in San Francisco’s housing market: single-family homes gained value while condos lost ground, according to Tim Gullicksen, Team Lead at Gullicksen Group, Corcoran Icon Properties. The divide persisted through 2025 and only began to reverse in early 2026, revealing a lasting shift in what buyers prioritize in urban housing. ...
The National Association of Realtors’ new commission transparency requirements have reshaped how real estate agents operate in California, separating buyer’s agent compensation from seller-side commissions and making payment structures explicit. Hiram Aviles, Team Leader at Aviles Real Estate Group, in Irvine, calls it the most significant industry development in three decades. The rules have eliminated ...
Construction lenders and developers are locked in a prolonged dispute over draw package standards, with each side blaming the other for the lack of progress. Both say they want standardized draw package formats to streamline funding requests, yet neither has moved to resolve the deadlock. Will Mitchell, Co-Founder and CEO of Rabbet, a construction finance ...
National media outlets frequently report on real estate trends using broad statistics that have little bearing on specific local markets. The gap between what consumers see on cable news and the realities in their neighborhoods is creating confusion, according to Nicholas Christopher, Team Leader at Christopher Property Group. Christopher says buyers and sellers in South ...
If you’ve ever wondered why some developers always seem to build in the right place at the right time, it’s not just about deep pockets or industry connections. The real edge is access to information that, while technically public, is difficult for most people to find or interpret. Daniel Heller witnessed this dynamic firsthand during ...
Just a year ago, buyers in Southwest Florida who offered below the asking price risked being ignored. Today, starting negotiations well under list price is not only accepted but often effective. Mary Bartos, team leader of The Bartos Group at Premiere Plus Realty, recently helped a buyer secure a home after starting negotiations $350,000 below ...
Amery, Wisconsin, about an hour from Minneapolis–St. Paul is one of many small cities actively seeking housing and business development. Unlike rural towns that merely express interest in growth, Amery is putting land and incentives directly on the table. The city owns nearly 20 acres of developable land within its limits, fully serviced with water, ...
A house listed for $599,000 in Wayne, New Jersey, recently drew a line of buyers out the door. When offers closed, it sold for over $700,000, more than $100,000 above the asking price. Far from being an outlier, this kind of bidding war has become the norm in northern New Jersey’s residential market. While much ...
