The pandemic triggered a sharp divide in San Francisco’s housing market: single-family homes gained value while condos lost ground, according to Tim Gullicksen, Team Lead at Gullicksen Group, Corcoran Icon Properties. The divide persisted through 2025 and only began to reverse in early 2026, revealing a lasting shift in what buyers prioritize in urban housing. ...
Rising construction costs are forcing affordable housing developers in Florida to pause or abandon projects that were financially viable just 18 months ago. Miles Alexander III, Founder and Managing Partner at Alexander Goshen, says higher material prices, persistent labor shortages, and elevated interest rates are making it difficult to bring new affordable units to market. ...
Construction lenders and developers are locked in a prolonged dispute over draw package standards, with each side blaming the other for the lack of progress. Both say they want standardized draw package formats to streamline funding requests, yet neither has moved to resolve the deadlock. Will Mitchell, Co-Founder and CEO of Rabbet, a construction finance ...
National media outlets frequently report on real estate trends using broad statistics that have little bearing on specific local markets. The gap between what consumers see on cable news and the realities in their neighborhoods is creating confusion, according to Nicholas Christopher, Team Leader at Christopher Property Group. Christopher says buyers and sellers in South ...
In Northern New Jersey, tighter bank lending standards have steered developers away from speculative single-family homes and toward projects with reliable rental income. According to Robert Abbott, President and Broker of Record at Berkshire Hathaway HomeServices Abbott Realtors, banks in Bergen and Rockland counties are now reluctant to finance projects without a built-in rental income ...
Workforce housing developers continue to face strong resistance from existing residents who often misunderstand what modern affordable housing projects actually provide, according to Miles Alexander III, Founder and Managing Partner at Alexander Goshen. The firm, which develops mixed-use and multifamily projects across Florida, Texas, and Georgia, reports that community opposition remains one of the most ...
Real estate agents who avoid tough pricing conversations with sellers are creating problems that extend well beyond a single failed deal, according to Nicholas Christopher, Team Leader at Christopher Property Group. In New Jersey, sellers who do not understand current market conditions often chase falling prices with repeated reductions, spend unnecessarily on marketing, and ultimately ...
The National Association of Realtors’ new commission transparency requirements have reshaped how real estate agents operate in California, separating buyer’s agent compensation from seller-side commissions and making payment structures explicit. Hiram Aviles, Team Leader at Aviles Real Estate Group, in Irvine, calls it the most significant industry development in three decades. The rules have eliminated ...
National analysts have repeatedly predicted real estate corrections of 10–50% over the past two years. Hampton Roads has continued to resist those forecasts. Hampton Roads’ resilience stems from a structural advantage most markets lack: a steady flow of military-driven population turnover. According to Dan Patton, a realtor with Prodigy Realty LLC, about 5,000 military members ...
Many experienced residential real estate agents are turning down commercial opportunities with their own clients, not because they lack the skills, but because they perceive commercial real estate as too complex and intimidating. Michael Mito, Commercial Division Director at United Real Estate | Partners, sees this firsthand as he mentors residential agents who hesitate to ...
The repair inspection period is now the leading cause of contract cancellations in residential real estate, according to Tony Ray Baker, associate at The Tony Ray Baker Team at RE/MAX Fine Properties. Baker, who reports a 99% closing rate over 31 years, says most deals that collapse do so during repair negotiations, not because of ...
Infrastructure efficiency and practical amenities are overtaking brand prestige as the main drivers of ultra-high-net-worth migration to South Florida, with Fort Lauderdale attracting buyers who want to avoid the congestion of competing luxury markets. While Miami and Palm Beach remain the focus of international real estate attention, Fort Lauderdale is drawing a different but equally ...
Ultra-high-net-worth buyers in South Florida are turning away from custom construction projects and favoring turnkey properties, marking a clear change in how the region’s luxury real estate operates. According to Tim Elmes, Founder and Lead Agent at Elmes Group at Compass, the appetite for building or finishing homes from scratch has faded since the pandemic. ...
San Tan Valley’s incorporation marks the largest single shift from county to city governance in U.S. history, with about 100,000 residents moving from Pinal County jurisdiction to self-governance in a single transition. Stephen Miller, District 3 Supervisor for Pinal County, said the move followed three separate votes over fifteen years, prompted by residents’ frustration with ...
Arizona’s assured water supply certificate requirement has stalled residential development in Pinal County for nearly a decade, even as nearby regions facing identical restrictions resolved the issue within months. Since 2013, the Arizona Department of Water Resources (ADWR) has blocked new residential subdivisions in Pinal County by labeling all pending water certificate applications “incomplete” without ...
