According to a local realtor, inspection findings are the most common reason home sales fall through at the Jersey Shore, as buyers regain leverage and refuse to accept unresolved property defects. After years when financing and appraisal shortfalls dominated real estate headlines, Dylan Smith, a realtor with Chris Smith Realty in Spring Lake, New Jersey, ...
A realtor with a corporate pricing background says many agents rely on intuition rather than formal pricing methods. She argues this can lead to overpricing and lower seller proceeds, especially as markets normalize. Carly Ringer, a realtor with Keller Williams Realty Spring Lake who spent 13 years analyzing pricing and advertising for major corporations before ...
A new pattern is taking hold in Jersey Shore real estate: sellers are increasingly willing to walk away from deals during the inspection period, confident that backup buyers are ready to step in. But Carly Ringer, a realtor with Keller Williams Realty Spring Lake and 13 years of corporate pricing analytics experience, says the strategy ...
Within a 100-mile stretch of Florida’s Gulf Coast, rules for short-term rentals vary so widely that identical properties can operate legally in one county and be banned in the next, leaving investment outcomes dependent on local regulations rather than property quality. The Regulatory Patchwork Florida’s short-term rental market is divided by local regulations that can ...
After a difficult 2023, the commercial real estate lending market has rebounded. Lenders are actively competing for deals again, and transaction volume has surged. However, according to Brandon Chicotsky, Managing Principal at God Bless Retirement, this recovery has come with a lasting change in how assets are evaluated and financed. Chicotsky describes the shift simply: ...
The Wilmington rental market shows a clear split in performance by bedroom count, a factor now determining which properties succeed and which struggle. Catherine Huffman, co-owner of Keyrenter Wilmington, reports that rents for three-bedroom and larger homes have increased year over year, while two-bedroom units have declined over the same period. “Three bedrooms and up ...
A mountain pass separating Wyoming from Idaho marks more than a geographic boundary. It reflects a 6.5% tax difference, influencing where affluent real estate buyers invest. Traditionally, real estate agents in vacation markets have advised clients based on lifestyle factors such as recreation, scenery, and amenities. Samuel Haack, associate broker at Berkshire Hathaway HomeServices Brokers ...
Hartford’s effort to convert vacant office buildings into housing reveals the limits of adaptive reuse as a large-scale solution. The city’s experience shows the idea is appealing, but execution challenges often make broad policy goals unworkable. David Steuber, Executive Director of the Capital Region Development Authority (CRDA), says the main obstacle is that each building ...
After years of momentum-driven buying, investor behavior in Connecticut’s residential real estate market has changed dramatically. Buyers who once purchased properties sight unseen are now walking away from deals that fail to meet financial criteria, according to Lynn LaForme, a realtor at Showcase Realty who specializes in multifamily properties in the Waterbury area. During the ...
Advances in digital tools are enabling volunteer HOA boards to assume management duties previously handled by traditional firms. The change could reshape how the nation’s 70,000 homeowners’ associations operate. According to HOA Start CEO Clayton Thompson, the property management industry faces a threat many firms have yet to acknowledge. He predicts that within five to ...
A local broker says rising home values and property taxes that often exceed $30,000 a year are creating an affordability problem in Bergen County and could threaten long-term market stability. Christian Di Stasio, broker associate and managing principal at the Christian Di Stasio Group, says the challenge is not a temporary market fluctuation but a ...
As hundreds of new single-family homes are built each month in the Wilmington area, many landlords are purchasing properties based on personal preference rather than actual rental market data, according to Catherine Huffman, co-owner of Keyrenter Wilmington. This disconnect is leading to a growing number of underperforming rentals, with more vacancies and lower rents than ...
As most of the residential real estate market cools from pandemic-era highs, one segment is moving at a surprising pace: small investment properties. According to Jillian Kemmerer, owner and associate broker at Luxe Homes Real Estate LLC in Scranton, Pennsylvania, duplexes and triplexes are attracting buyers far faster than traditional single-family homes. “If anything is ...
Rising utility costs are eroding rental property returns in ways many investors overlook, according to Jillian Kemmerer, who manages more than 400 rental properties at Luxe Homes Real Estate LLC. “Utility costs are skyrocketing,” Kemmerer says. “And if the landlords have to absorb those costs, there’s really no way to mitigate that.” This pressure is ...
The rapid expansion of artificial intelligence in the United States is driving unprecedented demand for data center infrastructure. Yet in many secondary and tertiary markets, local opposition, often fueled by misunderstandings about data center operations, has become a major barrier to new development. Steve Zuber, Principal at BARBERMURPHY, says that in much of the Midwest, ...
