Media headlines calling Cape Coral the worst housing market in America have sparked concern. Still, local real estate leader James Sommers, Team Leader at James Sommers Team, says these narratives overlook key facts about how the market is actually functioning. Instead of a collapse, Sommers sees Cape Coral returning to pre-pandemic sales activity, with transactions ...
A steady migration is redrawing the real estate landscape in secondary markets like Pensacola, as more buyers leave established neighborhoods and city centers in favor of rural properties with acreage. Local real estate professionals say this shift is not just a matter of lifestyle preference but is systematically altering demand patterns and development boundaries across ...
In off-grid communities across the Hudson Valley, infrastructure risks that rarely appear in market data are quietly derailing real estate transactions at the inspection stage. While the real estate industry routinely tracks financing issues, appraisal gaps, and inspection problems, one overlooked factor has become the leading cause of failed deals in areas without municipal infrastructure: ...
Homebuyers in coastal real estate markets are increasingly at risk of misjudging what they can genuinely afford. According to Lorraine Weber, a Long Island realtor specializing in post-Hurricane Sandy communities, many buyers focus on negotiating the lowest purchase price while overlooking the factors that actually determine their monthly housing costs. This oversight, she says, can ...
Sergio Sciortino, a broker associate with Keller Williams Village Square Realty and a 25-year veteran of the Bergen County market, says the gap between pandemic-era mortgage rates and today’s borrowing costs has fundamentally changed seller behavior. Many homeowners who locked in rates below 4%, some as low as 2% or 3%, are now opting to ...
Home sellers may be losing thousands of dollars when real estate agents avoid discussing professional staging, according to Fiorenza Bilak, founder and CEO of Stage The Space, LLC. While staging is widely recognized as a tool that helps homes sell faster and for higher prices, Bilak says misunderstandings about cost, timing, and impact often prevent ...
Oversupply, rising costs, and tougher regulations have exposed how fragile the short-term rental model really was – and why so many investors are now facing losses, foreclosures, or a forced reset. Short-term rentals (STRs) were once the darling of residential investment, offering seemingly endless returns during the post-COVID boom. But that trend has shifted profoundly ...
While headlines focus on Brooklyn’s soaring median prices, the real action in New York real estate is happening at the ground level, where the pace of deals is outstripping what most buyers – and even some agents – expect. Patrick Dominique, a realtor at One Stop Agency specializing in Queens, Nassau County, and Brooklyn, says ...
In Bergen County’s current real estate market, where homes routinely sell above asking price and inventory remains tight, the biggest obstacle to closing deals is not price but property condition. Paula Clark, a 30-year industry veteran and team leader of The Paula Clark Group, reports that inspection contingencies have become the primary source of negotiation—and ...
Bergen County, New Jersey, stands apart from other suburban markets, maintaining strong home prices despite broader affordability pressures. The key factor is its unmatched proximity to Manhattan, which creates demand that neighboring regions cannot match. According to Paula Clark, a 30-year real estate veteran and team leader at The Paula Clark Group, this geographic advantage ...
The Florida Keys luxury real estate market is showing a counterintuitive trend: sales of canal-front homes have surged nearly 59% over the past year, even as average prices have dropped by 9%. At first glance, this divergence might suggest distress or weakening demand. But according to Michaela Walters, Broker Associate at Walters Luxury Group, the ...
Florida’s coastal real estate markets are facing a marked shift in international participation, as Canadian and European buyers pull back and foreign owners list properties at a higher rate. According to Bob Ruiz, a realtor with Ruiz Group SRQ at William Raveis Real Estate, this reversal is adding pressure to markets already struggling with excess ...
A growing management gap between corporate leadership and field agents is reshaping the real estate industry, according to Bill Crespo, CEO and founder of Path2PRO Coaching. Many brokerage organizations are led by executives with no direct experience in real estate sales or managing agents, creating a disconnect that is opening the door for institutional consolidators ...
Rising inventory in Northeast Florida has changed how real estate agents approach pricing, according to Shelby Hodges, team leader at The Shelby Hodges Group in St. Augustine. Instead of setting a firm listing price based on their expertise, agents now present sellers with a data-driven price range and allow them to choose the final number, ...
While most real estate investors focus on interest rates and access to capital, a different risk is quietly derailing more commercial property deals: environmental liabilities hidden in properties with long operational histories. John Paul Teague, a partner at Musick, Peeler & Garrett LLP who recently closed what he calls “probably the second largest real estate ...
