Home prices in Winter Haven have dropped about 3% to 4% over the past year, and the average listing now remains on the market for 74 days before selling. For buyers who have been priced out of Central Florida in recent years, the current slowdown may finally offer an entry point. However, not every home ...
Sarasota’s luxury real estate market has shifted dramatically from its pandemic-era frenzy. Properties that once sparked bidding wars and sold within days are now sitting on the market for months. Waterfront homes that previously attracted multiple offers are lingering, and buyers have more time—and more options—than they have had in years. After a period of ...
In Ontario, some of the most in-demand properties are not newly renovated or recently occupied homes, but long-vacant houses that have sat empty for years or even decades. These properties, often neglected and in need of repair, are being purchased by cash buyers at a rapid pace. Meanwhile, homes bought in the last five years ...
Apartment hunters in Manhattan face a harsh reality: rents are higher than ever and continue to rise. While rental prices in many U.S. cities have stabilized or even declined, Manhattan stands out as a market where prices have climbed steadily for three consecutive years. If your lease renewal includes a sharp increase, or your landlord ...
Florida’s cities and towns have spent decades crafting zoning rules to control building heights, density, and land use. Now, a state law called the Live Local Act allows developers to sidestep many of these local restrictions—if they commit to building affordable housing. Supporters argue that this law is essential to address Florida’s housing shortage and ...
Florida’s real estate market has changed significantly over the past two years. Rising mortgage rates, new condo regulations, and a surge in available homes have shifted the balance of power between buyers and sellers. Here are the three most important trends shaping the market right now—and what they mean for anyone considering a move. Homes ...
Your grandmother gets a frantic call. It’s your voice—panicked, scared—saying you’ve been in an accident and need $5,000 wired immediately. Except you’re fine. You never called. AI cloned your voice from a 10-second social media video. This is the reality of modern scams, where technology makes fraud more challenging to detect and easier to fall ...
A significant obstacle to development in many cities is not zoning or neighborhood opposition, but the lack of clarity in the approval process itself. In Farmington Hills, Michigan, a new system is removing this uncertainty by offering developers unlimited, free pre-application meetings with all relevant municipal departments before any formal plans are submitted. Cristia Brockway, ...
First-time buyers in Sioux Falls are facing a shortage of move-in-ready homes at entry-level prices, leading to challenging negotiations and compromises. While there are plenty of listings in the $200,000 to $250,000 range, few are truly turnkey, creating a mismatch between buyer expectations and available inventory. Rockwell Tornow, a Realtor® with Amy Stockberger Real Estate, ...
Real estate expert Ellen Gvili argues that Category 5 construction standards and advanced hurricane-warning systems make the Florida Keys safer than many earthquake- and tornado-prone regions. Yet, insurance companies continue to charge the region the highest wind premiums in the state. The result is a pricing paradox: lower actual hurricane damage rates but higher insurance ...
Canada’s residential land market has suffered a dramatic collapse over the past two and a half years, with undeveloped land prices down 40 to 50 percent from their peaks, according to Aaron Ulinder, Partner and Executive Vice President at Lennard Commercial Realty in Vancouver. “Land has been hit the hardest, so undeveloped land, and we’ve ...
Sarasota’s residential real estate market is undergoing a significant shift, with builders leveraging aggressive incentive packages that are altering buyer preferences and putting resale sellers at a clear disadvantage. Nazar Bas, a realtor with Coldwell Banker Realty who covers Sarasota, Lakewood Ranch, Parrish, and Bradenton, reports that the landscape has changed sharply over the past ...
Permanent interest rate reductions funded by sellers are becoming the primary form of negotiation in Tampa Bay’s residential real estate market. This shift marks an apparent change in leverage between buyers and sellers as the region moves away from the pandemic-era seller’s market. Chuck Vosburgh, a realtor with NextHome Gulf to Bay, reports that seller-funded ...
Florida’s homeowners insurance crisis has shifted from a secondary concern to the main factor limiting buyer purchasing power in Tampa Bay’s residential market. Chuck Vosburgh, a realtor with NextHome Gulf to Bay, says insurance costs are now so significant that they dictate where and whether clients can afford to buy, often overriding considerations such as ...
Senior housing is entering a period of acute supply pressure as a five-year construction pause meets a surge in demand from aging baby boomers. Andie Edmonds, Senior Vice President at Colliers, says the sector now faces a significant gap between available inventory and the expectations of today’s seniors. “Construction all but stopped in 2020, right? ...
