Austin’s new construction market is undergoing a clear repricing. Homes that sold for over $1 million two years ago are now entering the market under $900,000, as builders and sellers respond to increased inventory and more selective buyers. Nancy Taute, a Realtor at Compass RE Texas, says this shift marks the end of sellers listing ...
The prestige gap between the Hamptons and New Jersey’s beach towns is narrowing as convenience and pricing reshape luxury buyer preferences in the Northeast. Joseph DeNaro, realtor at Realty ONE Group Emerge and longtime New Jersey shore property owner, says the change is clear. “There’s a lot more New York cars at the beach in ...
Indiantown is attracting industrial projects from Martin County by offering faster permitting and fewer regulatory hurdles, according to Village Manager Taryn Kryzda. Developers increasingly choose Indiantown over Martin County to avoid long approvals and extra environmental rules. A recent example highlights the difference: a pump testing facility for rocket engines spent 18 months trying to ...
Insurance costs are now a primary factor in pricing negotiations and buyer demand in coastal Florida markets. They rival traditional concerns such as financing and location. Scott Reynolds, Team Leader at The Reynolds Team of Compass in Vero Beach, reports that properties with roofs aged 18 to 22 years can carry annual insurance premiums of ...
Austin’s real estate market is showing signs of what local agent Soomin Kim calls “buyer patience fatigue.” After two years of uncertainty, some renters who can afford to buy are reaching their limit and purchasing homes out of frustration rather than optimism. Kim, team leader at Soomin Kim Group (eXp Realty),says recent buyer activity reflects ...
Investors entering the Austin real estate market expecting steady monthly cash flow often overlook a fundamental obstacle: Texas’s high property taxes. According to Soomin Kim, Team Leader at Soomin Kim Group (eXp Realty), many out-of-state buyers misjudge Austin’s investment landscape by focusing on rental income without fully accounting for the state’s tax structure. As a ...
Victoria’s resale condominium market is divided between steady demand for entry-level units and slower sales at higher price points, according to Tony Joe, Team Leader and Broker-Owner of The PRIME Real Estate Team. Joe attributes this divide to competition from single-family homes that compete directly with upscale condos. Elevated Inventory for Higher-Priced Condos Resale condos ...
Manufacturing business valuations are increasingly tied to tariff policy and geopolitical risk. Brokers are adjusting pricing multiples based on trade conditions rather than relying solely on historical cash flow. Kerrian Latty, a business broker with Better Homes and Gardens Real Estate Gaetano Marra Homes, reports that manufacturing businesses, which once sold for 4 to 5 ...
Administrative transitions in Washington significantly influence office, industrial, and retail real estate across Maryland, Virginia, and the District of Columbia. According to Chris LeBarton, Director of Research at KLNB, the Mid-Atlantic differs from most U.S. commercial markets. Its demand patterns are tied directly to federal budgets, research funding, and government employment levels, rather than standard ...
Indiantown has halted new development after determining its aging water system has reached full capacity, even as residential builders propose projects that could significantly expand the community. The situation highlights the gap between development demand and utility capacity in Florida’s inland markets. The Village of Indiantown stopped approving new projects in 2023 after an engineering review ...
Connecticut’s fix-and-flip market does not follow the typical seasonal slowdown seen in traditional home sales. Instead, many investors seek properties during the winter, when most residential buyers pause their searches. Jay Osorno, a realtor at Alpha Capital Realty who works primarily with investors, says his clients acquire renovation projects in December and January. They do ...
After years of rapid sales and bidding wars, Houston’s residential real estate market is defined by hesitation and longer listing periods. Buyers now monitor properties for weeks before acting, a behavior shift that is extending transaction timelines and creating new psychological hurdles for both sides of the deal. From Bidding Wars to Waiting Games Houston-area ...
New Orleans property owners are grappling with a stark economic contradiction. While the average home price in the city is 15 percent below the national average, the typical cost of homeownership is 15 percent above it. Michael Mito, Commercial Division Director at United Real Estate | Partners, says this imbalance between property values and ownership ...
Long Island’s residential real estate market is defying national trends tied to mortgage rates, with intense buyer demand persisting despite higher borrowing costs. Susan MacDonald, a real estate salesperson at Daniel Gale Sotheby’s International Realty, says the region’s inventory shortage has now lasted for six years, creating competition that overwhelms available supply regardless of financing ...
Despite the rise of digital marketing and AI-driven platforms, some agents who focus primarily on online presence struggle to build lasting businesses. Agents who invest in community engagement and in-person networking often build steadier, long-term practices. Tony Joe, Team Leader and Broker-Owner of The PRIME Real Estate Team in Victoria, British Columbia, has built a ...
