In the market for self-employed borrowers, the best rate isn’t always what wins the loan. Often, it’s whichever lender gets there first. When a broker is working with a freelancer, a small business owner, or a real estate investor seeking a mortgage, that borrower’s loan application often goes out to several lenders at once. In ...
Out-of-town buyers who purchased older barrier-island homes during the COVID boom are discovering that renovation costs and flood-compliance requirements make their properties nearly impossible to improve economically. Florida’s barrier islands have long attracted buyers drawn to waterfront access and established neighborhoods. But a federal regulation that many buyers overlook is reshaping the economics of older ...
The short-term rental boom that swept southwest Florida during the pandemic years is unwinding, and the exit is not clean. According to Michael Byrd, a realtor with Realty One Group MVP, a convergence of municipal restrictions, rising platform fees, and oversupply has left a significant cohort of Airbnb investors unable to service their debt, and ...
With roughly 165 active projects across Miami-Dade and Broward County, buyers can afford to be choosy. Brandon Talalaevsky of Property Pro Partners argues that aggregate inventory numbers miss the real story: which projects meet today’s higher standards and which don’t. When headlines describe Miami’s condo market as slowing, they typically draw on metro-wide or county-level ...
The Silicon Valley luxury market is riding a wave of capital spending on AI infrastructure that even its biggest beneficiaries acknowledge looks overheated. John Young, co-founder of Young Platinum Group at Golden Gate Sotheby’s International Realty, has analyzed Palo Alto housing data across three major downturns over the past 28 years. His conclusion: while the ...
Real estate inventory data in New York’s Hudson Valley may be overstating how constrained the market actually is for buyers, according to Vicki Stent, a licensed real estate salesperson with Coldwell Banker Village Green Realty. Stent says that even during periods when headline inventory numbers pointed to shortage conditions, she was consistently finding suitable properties ...
When homes sit unsold for months in a market with rising inventory, the instinct is to blame interest rates or buyer hesitation. Michelle Chase, Team Leader at The Michelle Chase Team with Home Wise Realty Group, points to a different culprit: agents who take listings at prices they know are too high. Chase has spent ...
First-time commercial tenants in Phoenix are routinely underestimating buildout costs by overlooking two categories that rarely appear in early planning conversations: mandatory safety compliance items and contractor operational overhead. According to Mike Marden, founder of WDS Commercial LLC and WDS Architecture, and a registered commercial architect and general contractor, these blind spots are systematic patterns ...
The investment case for beachfront condos on Marco Island looks compelling on the surface: a resort island where the seasonal population swells from 17,000 to over 60,000 people, a chronic shortage of hotel inventory, and strong demand from visitors seeking Gulf views and beach access. But a significant portion of the condo inventory on the ...
Ask someone from Tampa or Clearwater about Pasco County, and the answer has historically been predictable: old, rural, farmland, nothing going on. According to Cory Byrd, a Realtor with Coldwell Banker F.I. Grey & Son Residential, Inc., who grew up in the Tampa-Clearwater area before relocating to Pasco, that perception was once grounded in reality ...
Sussex County, Delaware, is frequently cited as one of the most tax-friendly places to live in the United States. Property taxes are among the lowest in the nation, and the overall cost of living compares favorably to neighboring states like New Jersey and Maryland. Yet according to Dustin Parker, Founder and CEO of The Parker ...
The traditional housing ladder, where buyers trade up to larger homes as families grow, is breaking down in Portland, according to Carey Hughes, Principal Broker at Carey Hughes Homes. The dramatic gap between pandemic-era mortgage rates and current rates has created a financial barrier so steep that a whole segment of would-be sellers is simply ...
Extreme inventory scarcity is producing a behavioral change among buyers in Wayne, New Jersey, one that is altering negotiating dynamics, lowering purchase standards, and exposing newer agents to a market they are not equipped to navigate. There is a well-documented economic story behind Passaic County’s housing crunch: too few homes, too many buyers, and interest ...
While housing markets across the country have cooled under the weight of elevated interest rates and rising inventory, Vermont’s residential market continues to appreciate. The state’s constrained supply and quality-of-life-driven buyer base are producing outcomes that diverge from nearly every national trend and that gap appears to be widening. Vermont Buyers Aren’t Chasing Rates, They’re ...
New homes are going up across Monmouth County, New Jersey, but they are not putting a dent in the area’s persistent housing shortage. Kyle Golden, a Realtor at CENTURY 21 Thomson & Co., says the county’s supply problem is not a temporary market cycle but a permanent land constraint that new construction cannot meaningfully overcome, ...
