A new challenge is emerging in Central Florida’s real estate market: homeowners who bought at the height of the pandemic boom are finding themselves unable to sell without taking a loss, creating a potential surge of distressed sales in neighborhoods that had previously remained stable. Patricia de Graaff, a licensed realtor and broker associate with ...
Two consecutive hurricane seasons have divided Sarasota’s waterfront real estate market, with newer, hurricane-resistant homes commanding significant price advantages while older properties linger on the market and face rising costs. Sarasota’s luxury waterfront market is undergoing a measurable shift driven by recent storm performance. According to Laura Pearson, real estate advisor at Premier Sotheby’s International ...
The U.S. housing market is weighed down by a vast inventory of low-rate mortgages that could help unfreeze sales, but a fundamental flaw in how Multiple Listing Service (MLS) data is handled means buyers rarely see these opportunities. Andy Taylor, founder and CEO of RetroRate, estimates that about 22% of all homes with mortgages have ...
For more than two decades, real estate technology companies have built consumer-facing search tools and agent platforms. Yet a core problem persists: the data powering these systems is often unreliable, inconsistent, and fragmented across states and counties. Andy Taylor, founder and CEO of RetroRate and former VP of Product at Redfin, says the challenge of ...
While national housing markets show signs of slowing, Rochester, Minnesota, faces a severe inventory shortage. The city currently has about one-third the homes for sale it would need for a balanced market, according to a local real estate agent. Alex Mayer, a real estate agent with Rochester Area Homes by Alex, says the supply gap ...
The Naples real estate market is returning to its traditional seasonal cycle, according to a longtime local agent, as the predictable January–April sales surge reemerges after three years of pandemic-driven, year-round demand. This shift is causing confusion among agents and market watchers who became accustomed to constant activity during the COVID period, but who may ...
Outdated price expectations from the 2022–2023 peak are causing a standoff in the Naples luxury market. Sellers remain anchored to record prices from two years ago, while buyers, facing an 11-month supply of inventory, expect significant discounts. This disconnect has led to a slowdown in transactions and rising inventory. “If a home sold at $800,000 ...
Naples’ condo market is facing what one experienced agent calls a structural affordability crisis: post-hurricane assessment hikes of 20 to 30 percent are changing buyer behavior and widening the performance gap between condos and single-family homes, a trend that may persist for years. “I’ve seen now almost $1,000 a month in assessment fees. So that’s ...
While analysts warn about potential oversupply in Miami’s luxury housing market, new construction is commanding record premiums and strong demand. According to Joelle Oiknine, Senior Global Real Estate Advisor at One Sotheby’s International Realty, buyers are paying far more for pre-construction and newly delivered properties than for older inventory, upending traditional assumptions about how supply ...
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 ...
