Developers in Santa Fe are delaying or halting projects amid tariff volatility and political uncertainty, making construction costs impossible to predict. With prices for pipes, steel, and other essential materials fluctuating weekly, project budgets cannot be set reliably, causing paralysis throughout the development pipeline. According to Tai Bixby, Senior Associate at Real Estate Advisors LLC, ...
After several years in which buyers routinely accepted unfavorable contract terms and absorbed costs that traditionally fell to sellers, the balance in South Jersey real estate negotiations is beginning to shift. Matt Donnelly, a Realtor with Century 21 Alliance in Gloucester County, reports that buyers are no longer automatically agreeing to extra costs or conditions ...
St. Paul’s effort to revive its downtown is built around a nonprofit development corporation that takes on projects private developers have deemed too risky or unprofitable. This approach, modeled after similar strategies in other cities, signals a new way for distressed urban markets to begin recovering when traditional investment stalls. After the pandemic, the expectation ...
The Bay Area housing market has split into two sharply different tracks. Single-family homes priced above $2 million are now selling for more than their 2022 peaks, while condos and townhomes in some areas have dropped as much as 30 percent from their highs. According to Spencer Hsu, Team Lead at eXp Realty, this divide ...
Bay Area single-family home prices have reached new records despite high interest rates, defying national trends and challenging the traditional belief that mortgage costs are the primary force behind real estate markets. According to Spencer Hsu, Team Lead at eXp Realty of California, Bay Area buyers are largely insulated from rate fluctuations because their purchasing ...
Many would-be investors assume Santa Fe’s commercial real estate market is reserved for deep-pocketed developers or industry insiders. In reality, smaller investors are finding viable opportunities, often by setting aside the conventional wisdom that keeps others on the sidelines. Tai Bixby, a senior associate at Real Estate Advisors LLC and a 20-year veteran of Santa ...
Investors buying vacation rental condominiums on the Gulf Coast pay higher fees and face longer approval times when using national lending platforms or out-of-state lenders. Local real estate professionals say financing for income-producing condos is fundamentally different from primary residence mortgages, and lenders without regional experience often struggle to meet specific requirements efficiently. Kristy Bushaw, ...
Across the New York metropolitan region, higher interest rates are making it harder for traditional commercial real estate investors to justify acquisitions, slowing investment sales and changing who is driving transactions. Jason Horowitz, Broker of Record at Triforce Commercial Real Estate, says many properties that once attracted investor demand no longer produce viable returns at ...
Silicon Valley’s real estate market is slowing down, and immigration policy uncertainty is a bigger factor than mortgage rates. That is the assessment of Amol Heda, Broker Associate at KW Bay Area Estates in Los Gatos. Heda says skilled immigrants on H-1B visas and similar programs, who make up a large share of the Bay ...
Philadelphia is experiencing a reversal in migration trends. Empty nesters who moved to the city before the pandemic are now returning to the suburbs. This shift reflects changing perceptions of city living since COVID-19 and growing concerns over public school quality, both of which are contributing to higher condo turnover and reduced demand for urban ...
Buyer activity in New Jersey shore communities has declined sharply over the past four years. Properties that once attracted 20 to 30 competing offers now typically receive only two or three serious bids. Steven Kozusko, a Realtor with CENTURY 21 Thomson & Co., says this steep drop in competition is changing how deals are made ...
Extended delays in Brevard County’s planning process are forcing developers to commit to land purchases long before they know if their projects will be viable under future market conditions. The result is a growing mismatch between when developers sign purchase agreements and when they can actually break ground. This challenge is reshaping how deals are ...
International real estate developers entering the US market face a capital access barrier unrelated to their financial strength or project quality. The main obstacle is not underwriting standards but the relationship-driven nature of US lending, which prioritizes local track record and trust over foreign credentials. US lenders evaluate foreign developers as unproven operators, regardless of ...
As artificial intelligence becomes capable of replicating voices, generating content, and creating convincing digital personas, real estate professionals with authentic personal brands and industry credibility hold a clear advantage that AI cannot easily duplicate. James Huang, Managing Director of Commercial Real Estate at RESAAS Services Inc., says the rise of AI-generated content is making trust ...
Scottsdale’s luxury real estate market is undergoing a decisive shift in what buyers value most. Location now eclipses traditional metrics like square footage and bedroom count. Kevin Weil, Associate at RE/MAX Excalibur, reports that affluent buyers are paying premiums for homes near urban centers such as Old Town and Kierland. At the same time, properties ...
