Victoria’s resale condominium market is divided between steady demand for entry-level units and slower sales at higher price points, according to Tony Joe, Team Leader and Broker-Owner of The PRIME Real Estate Team. Joe attributes this divide to competition from single-family homes that compete directly with upscale condos. Elevated Inventory for Higher-Priced Condos Resale condos ...
Foreclosures in Arizona are increasing after years of minimal activity. More homeowners are falling behind on payments, and more properties are entering the foreclosure process. While the situation is not yet a crisis, the trend marks a shift in the Arizona housing market that both buyers and sellers should take note of. “We’re not seeing ...
Manufacturing business valuations are increasingly tied to tariff policy and geopolitical risk. Brokers are adjusting pricing multiples based on trade conditions rather than relying solely on historical cash flow. Kerrian Latty, a business broker with Better Homes and Gardens Real Estate Gaetano Marra Homes, reports that manufacturing businesses, which once sold for 4 to 5 ...
Administrative transitions in Washington significantly influence office, industrial, and retail real estate across Maryland, Virginia, and the District of Columbia. According to Chris LeBarton, Director of Research at KLNB, the Mid-Atlantic differs from most U.S. commercial markets. Its demand patterns are tied directly to federal budgets, research funding, and government employment levels, rather than standard ...
Indiantown has halted new development after determining its aging water system has reached full capacity, even as residential builders propose projects that could significantly expand the community. The situation highlights the gap between development demand and utility capacity in Florida’s inland markets. The Village of Indiantown stopped approving new projects in 2023 after an engineering review ...
New Orleans property owners are grappling with a stark economic contradiction. While the average home price in the city is 15 percent below the national average, the typical cost of homeownership is 15 percent above it. Michael Mito, Commercial Division Director at United Real Estate | Partners, says this imbalance between property values and ownership ...
Long Island’s residential real estate market is defying national trends tied to mortgage rates, with intense buyer demand persisting despite higher borrowing costs. Susan MacDonald, a real estate salesperson at Daniel Gale Sotheby’s International Realty, says the region’s inventory shortage has now lasted for six years, creating competition that overwhelms available supply regardless of financing ...
An increase in home renovations is reshaping Long Island through upgrades to existing properties rather than new development. Instead of selling and moving to larger homes, many homeowners are expanding their current properties. This shift redirects capital and labor away from the traditional resale market. According to Susan MacDonald, a real estate salesperson at Daniel ...
In New Jersey’s Ocean and Monmouth Counties, a new dynamic is reshaping the housing market: investors are routinely outbidding traditional homebuyers, pushing prices beyond what owner-occupants can justify. Johnny Guan, founder at The JG Team, says this trend is now a defining feature of the region’s real estate landscape. “I’m watching investors pay more, willing ...
Housing affordability challenges now extend beyond low-income households and affect households earning over $100,000 in cities such as Denver, Seattle, and Dallas. According to Marc Norman, Associate Dean at NYU School of Professional Studies Schack Institute of Real Estate, these households are increasingly rent burdened and eligible for affordable housing programs. He describes this as ...
In Tampa Bay, the typical signs of a cooling real estate market — rising inventory, higher interest rates, and cautious builders — are not translating into lower land prices. Listings have increased, interest rates have doubled since mid-2022, and national builders have scaled back on land acquisitions. Yet, sellers remain firm on their asking prices. ...
Residential transactions in Bergen County, New Jersey are being limited by a long-term shortage of homes for sale, not by interest rates, according to local agents who say national housing coverage overlooks the primary issue in the area. Inventory Shortage Reflects Long-Term Structural Shift National real estate coverage often attributes slower home sales to higher ...
In Bergen County, buyers who delay homeownership while waiting for lower interest rates or more inventory may miss out on approximately 9% annual home price appreciation. According to Cathy Banu, team leader of the Cathy Banu Real Estate Team at Keller Williams Village Square Realty, the financial and emotional costs of waiting often outweigh the ...
Broad statements about Queens real estate often overlook how individual neighborhoods respond differently to rising interest rates and economic pressure. According to Stella Shalamova, sales representative at EXIT Realty First Choice, some Queens neighborhoods saw only minor price declines during the 2008 market collapse, while others are experiencing larger corrections in the current cycle. This ...
A fragmented underwriting system creates persistent delays as regional processing centers struggle with national deal volume. The Small Business Administration (SBA) loan process is contributing to delays in business acquisitions, with closing times often stretching four to five times longer than the 45-day timelines some banks advertise. Kerrian Latty, a Realtor and business broker at Better ...
