Buyer confusion over lengthy inspection reports, not actual property issues, is causing more transaction failures in today’s real estate market, according to one Pittsburgh agent. While sellers often blame demanding buyers and lenders cite stricter standards, Megan Grenek, a Realtor with Berkshire Hathaway HomeServices The Preferred Realty, argues the real obstacle is that many buyers ...
Statewide safety requirements enacted after Miami’s Surfside collapse have doubled or tripled condo association fees, creating an affordability crisis that is forcing many Florida residents to abandon their homes. Florida’s condominium market is facing a crisis driven not by lack of demand, but by sharply rising costs tied to new state regulations. After the 2021 ...
Coastal real estate markets are experiencing a trend that defies traditional analysis: significant population decline alongside sharp increases in property values. In Ventnor City, New Jersey, the population has dropped about 28% since 2000, yet median home prices now exceed $800,000—more than double the national average. This apparent contradiction reveals a new reality for coastal ...
The automotive retail segment is quietly regaining favor in the net lease market as investor concerns about electric vehicle (EV) disruption subside and buyers focus on the proven strength of established operators. This renewed confidence, according to one industry expert, highlights a broader trend: after a period of hype-driven anxiety, investors are returning to fundamental ...
Outside investors acquiring retail properties in secondary markets with plans to upgrade tenant quality are discovering an uncomfortable reality: financial strategies that promise higher returns on paper often meet resistance from established local business communities. Kelly Schnebly, Partner at Colliers Idaho, says the conflict becomes clear when new landlords attempt to reposition centers dominated by ...
Low mortgage rates from prior years are trapping homeowners in place and fueling a severe inventory shortage in desirable suburban housing markets. Ellen Gonik, a realtor with Coldwell Banker Realty who has worked in Essex County, New Jersey, for 17 years, says this “rate lock-in” effect is preventing the normal turnover of homes, creating ripple ...
Homebuyers relocating to northern New Jersey often arrive with a list of must-haves: top-ranked schools, reasonable commute times to employment centers, diverse communities, and manageable property taxes. But Ellen Gonik, a Coldwell Banker Realty agent with 17 years of experience in Essex County, says buyers quickly learn they cannot meet all of these priorities at ...
Bobby Mathews, team leader at BluSkye Group with RE/MAX Foxfire in Ocala, Florida, says that in retirement-heavy real estate markets, buyer psychology has a more substantial influence on sales than interest rates or Federal Reserve policy. “Sixty percent of the contracts that we have on 55 and over communities are cash contracts,” Mathews says. In ...
The common belief that retirees move once into a 55-and-over community and stay for good is inaccurate, according to Bobby Mathews, team leader at BluSkye Group with RE/MAX Foxfire in Ocala, Florida. Instead, a significant number of retirees relocate multiple times within the same region, often moving between different 55-and-over communities as their real lifestyle ...
The affordable housing crisis in America is not primarily caused by construction costs or financing availability, according to Doug Ressler, Manager of Business Intelligence at Yardi Matrix. Ressler contends that outdated zoning laws are the main obstacle, a reality that many policymakers and developers avoid addressing directly. “The biggest inhibition to manufactured housing is the ...
Florida’s residential real estate market operates on a foundation that sets it apart from much of the country, according to Joe Murphy, team leader of the Joe Murphy Team and a veteran who has closed more than 1,400 homes in 23 years. The distinction is not just about climate or lifestyle, it’s about how buyers ...
A critical financing bottleneck is threatening the progress of affordable housing developments in Florida, according to a leading construction lender. The problem is not construction costs or a lack of demand, but a disconnect between how construction lenders and government-sponsored enterprises (GSEs) underwrite the same projects—specifically regarding property tax treatment under Florida’s Live Local Act. ...
The affordable housing crisis in many secondary markets is worsening unexpectedly: condos and townhomes, once reliable entry points for first-time buyers, are becoming unaffordable due to rising monthly costs unrelated to the purchase price. Koby Bishop, a broker associate with The Group Real Estate in Northern Colorado, reports that surging insurance rates on attached units ...
Nearly half of all new construction buyers in Miami’s luxury real estate market are international, according to Uri Sefchovich, a realtor with Coldwell Banker who focuses on properties above $1 million. This surge marks a decisive shift in how global capital is flowing into Miami, moving beyond the usual seasonal or vacation-home trends. International Buyers ...
A sharp divide has emerged in Florida’s residential real estate market, creating an opening for investors willing to look past surface flaws. Joe Murphy, a team leader who closed 82 transactions in 2025 and has sold over 1,400 homes in his 23-year career, sees a growing gap between what retail buyers want and where real ...
