Along Florida’s Scenic Highway 30A – a stretch of coastal communities in the Panhandle – a clear divide has emerged between beachfront resale homes and newly built properties farther inland. Older homes closest to the water are increasingly sitting on the market, often after multiple price cuts and limited showings. By contrast, new construction just ...
You’ve found the perfect Florida beach house. The photos are stunning, the location checks every box, and the price feels consistent with other coastal homes you’ve seen. But there’s a question many buyers don’t confront until after closing: what will this property actually cost to own year after year? Randy Rintala, an associate broker with ...
Some parts of Miami have become prohibitively expensive, pushing investors, developers, and even local buyers to look beyond the city’s most established neighborhoods. As prices climb in the urban core, attention is shifting to areas that sit just outside the spotlight but show clear signs of momentum. Magic City, Little River, and key parcels along ...
While much of the country is seeing slower sales and price cuts, Rochester, Minnesota, stands out as an exception. Despite national headlines about a cooling market, this mid-sized city is maintaining its momentum, with inventory remaining tight and prices continuing to climb. Local buyers and sellers have noticed that homes in Rochester are still moving ...
Open houses in Jacksonville look very different today from how they did just a few years ago. In 2021 and 2022, many homes attracted multiple offers within days of listing, often selling above asking price. Buyers frequently waived inspections to stay competitive, and sellers had little reason to negotiate on price or terms. That pace ...
Just three months ago, Jacksonville homebuyers were scrambling to compete – making rushed offers, paying well above asking price, and agreeing to buy homes “as is” without the usual safety nets. Today, that pressure has eased. Buyers have regained leverage, and the shift is changing how both sides approach the market. After years of sellers ...
Central Florida’s retirement communities are facing an unprecedented supply of homes, signaling a sharp change in how Americans approach retirement housing. Market data from Polk County shows that the long-standing snowbird model – where retirees maintain a primary residence up north and a winter home in Florida – is collapsing due to rising costs, resulting ...
The belief that real estate can deliver quick profits is being tested in Florida, where market conditions have shifted sharply since the pandemic boom. According to Randall Rintala, Associate Broker at Berkshire Hathaway HomeServices Beach Properties of Florida, buyers need to rethink their expectations about how and when real estate investments pay off. Rintala, who ...
Florida’s real estate market is in the midst of a reset that is exposing a divide between experienced professionals and agents who relied on the pandemic boom to generate easy commissions. As the market normalizes, Randall Rintala, Associate Broker at Berkshire Hathaway HomeServices Beach Properties of Florida, sees a clear separation between agents who can ...
The real estate industry is facing a change in how clients discover agents, one that could surpass the impact of social media, according to Alex Mayer, a real estate agent with Rochester Area Homes by Alex in Rochester, Minnesota. Mayer believes that the adoption of generative AI tools for consumer research is already underway, and ...
Central Florida’s residential market is seeing a clear divide: homes without homeowners associations (HOAs) are selling faster and attracting far more interest than similar properties governed by HOAs. This trend, highlighted by recent sales activity, challenges long-standing development patterns and signals a marked change in buyer priorities. Patricia de Graaff, broker associate at RE/MAX Heritage ...
Miami property management executive Joseph Hunike, COO of Threshold, says the South Florida property management industry is failing to meet even basic professional standards. As investment flows into Miami from across the U.S. and abroad, many property managers are not providing the communication and financial transparency that investors expect in other major markets. Hunike describes ...
With mortgage rates above 6.5%, leading real estate teams are shifting away from urgency-based sales tactics and focusing on educating buyers about price negotiation and future refinancing. This reversal from pandemic-era messaging is helping qualified buyers make more confident decisions, according to one multi-state sales director. Nate Armstrong, Chief Sales Director at K2 Omni Group, ...
Real estate teams nationwide are encountering a consistent ceiling in growth, typically stalling at about 15 to 20 agents. Nate Armstrong, Chief Sales Director at K2 Omni Group, which operates in five states, says the cause isn’t market conditions or insufficient leads. Instead, it’s a structural flaw: most teams are led by individuals who cannot ...
The idea that banks can indefinitely extend troubled commercial real estate loans is likely overstated, according to Bill Bymel, founder and CEO of First Lien Capital LP. While regulatory forbearance and creative loan restructuring have allowed banks to avoid recognizing losses, Bymel contends that structural and political forces will eventually require banks to confront the ...
