Permanent interest rate reductions funded by sellers are becoming the primary form of negotiation in Tampa Bay’s residential real estate market. This shift marks an apparent change in leverage between buyers and sellers as the region moves away from the pandemic-era seller’s market. Chuck Vosburgh, a realtor with NextHome Gulf to Bay, reports that seller-funded ...
Florida’s homeowners insurance crisis has shifted from a secondary concern to the main factor limiting buyer purchasing power in Tampa Bay’s residential market. Chuck Vosburgh, a realtor with NextHome Gulf to Bay, says insurance costs are now so significant that they dictate where and whether clients can afford to buy, often overriding considerations such as ...
Senior housing is entering a period of acute supply pressure as a five-year construction pause meets a surge in demand from aging baby boomers. Andie Edmonds, Senior Vice President at Colliers, says the sector now faces a significant gap between available inventory and the expectations of today’s seniors. “Construction all but stopped in 2020, right? ...
Investors who acquired Class A industrial properties in Atlanta’s top submarkets as recently as four months ago are now facing immediate valuation losses of 20% or more, according to a broker directly involved in current transactions. These price declines are already evident in live deal data, though they have not yet been reflected in published ...
Industry veteran Jeff Beggins warns that a combination of federal and state policy shifts will soon drive a surge in demand for Florida residential real estate, leaving investors with fewer opportunities to buy at current prices. Florida’s residential real estate market is approaching a turning point, according to Jeff Beggins, Chief Evolution Officer at CENTURY ...
Florida’s coastal real estate markets follow a consistent recovery timeline after hurricanes, according to Jeff Beggins, Chief Evolution Officer at CENTURY 21 Beggins Enterprises. Beggins says this pattern creates a specific window for investors willing to act before the data confirms a rebound. “Typically, it’s 18 to 24 months after hurricane impact that you get ...
The holiday season brings a spike in financial activity across the real estate industry. Title companies rush to close deals before year-end, investors hurry to finalize acquisitions, and agents juggle numerous transactions. According to identity theft protection experts, this increased activity creates ideal conditions for scammers who use urgency and distraction to steal payment information ...
The real estate services industry is facing a sharp change in customer expectations around security. According to industry insiders, the debate is no longer about whether to offer scam protection, but how quickly companies can add it to their service packages. James Harkins, head of business development at American Identity Group, a firm that partners ...
Florida’s insurance crisis has dominated real estate headlines in recent years, with many industry observers citing rising premiums as a major obstacle to home sales. However, Nazar Bas, a realtor with Coldwell Banker Realty who works with both investors and residential buyers in Sarasota and nearby markets, says insurance is no longer the deal-breaker many ...
Healthcare real estate transactions are taking longer to complete, and the slowdown is driven more by rising concerns about federal funding stability than by weak demand or poor market fundamentals. According to Andie Edmonds, Senior Vice President at Colliers, landlords and tenants are now scrutinizing funding sources more closely before entering long-term agreements, creating new ...
Buyer preferences are changing rapidly in residential real estate, with first-floor primary suites—bedroom, bathroom, and closet space located on the main level—now driving demand among multiple buyer segments. Sarah Peters, Team Leader at eXp Luxury Realty, says these features have moved beyond their origins as accessibility accommodations to become mainstream selling points that influence pricing ...
A clear pattern is developing in mature suburban real estate markets around major cities, according to Sarah Peters, Team Leader at eXp Luxury Realty. Walkability has moved beyond a lifestyle perk to become a decisive factor in pricing, changing the competitive landscape and limiting access for some buyers. “We’re seeing major trends with baby boomers ...
The aviation hangar development sector is facing a sharp divide between new and existing rental rates. New hangar facilities are commanding rents 60-70% higher than older inventory at the same airports. Despite the steep increase, tenants are accepting these higher rates because the alternative is remaining on waitlists that can stretch for years. Cary Goldberg, ...
The Florida Keys present a real estate scenario that often confuses investors: the same historic preservation guidelines and zoning restrictions that create long permitting processes and costly restoration requirements also underpin the market’s resilience during downturns, according to Ellen Gvili, global real estate advisor at Ocean Sotheby’s International Realty. “The Key West market is one ...
The real estate industry faces a serious data challenge, according to Jeff Beggins, Chief Evolution Officer at CENTURY 21 Beggins Enterprises. Market reports that claim Tampa is “down modestly” or that Pinellas County prices have dropped 12% year-over-year, he argues, do not reflect what buyers and sellers actually experience on the ground. “I don’t think ...
