A 20-year-old realtor closing nine deals in his first nine months in the Sioux Falls market is unusual. But according to Rockwell Tornow, Realtor® of Amy Stockberger Real Estate, his early success is not about luck or favorable market conditions. Instead, he attributes it to two factors that younger agents can use more effectively than ...
First-time buyers in Sioux Falls are facing a shortage of move-in-ready homes at entry-level prices, leading to challenging negotiations and compromises. While there are plenty of listings in the $200,000 to $250,000 range, few are truly turnkey, creating a mismatch between buyer expectations and available inventory. Rockwell Tornow, a Realtor® with Amy Stockberger Real Estate, ...
Real estate expert Ellen Gvili argues that Category 5 construction standards and advanced hurricane-warning systems make the Florida Keys safer than many earthquake- and tornado-prone regions. Yet, insurance companies continue to charge the region the highest wind premiums in the state. The result is a pricing paradox: lower actual hurricane damage rates but higher insurance ...
Canada’s residential land market has suffered a dramatic collapse over the past two and a half years, with undeveloped land prices down 40 to 50 percent from their peaks, according to Aaron Ulinder, Partner and Executive Vice President at Lennard Commercial Realty in Vancouver. “Land has been hit the hardest, so undeveloped land, and we’ve ...
Sarasota’s residential real estate market is undergoing a significant shift, with builders leveraging aggressive incentive packages that are altering buyer preferences and putting resale sellers at a clear disadvantage. Nazar Bas, a realtor with Coldwell Banker Realty who covers Sarasota, Lakewood Ranch, Parrish, and Bradenton, reports that the landscape has changed sharply over the past ...
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 ...
