AI is making its mark on the real estate industry, but most of its impact happens behind the scenes. Whether these changes help or hinder you as a buyer or seller depends on how your agent uses these tools — and how much you know about what’s happening in the background. To clarify what’s actually ...
Cape Cod, Massachusetts is often viewed as a classic vacation home market where towns slow down in winter and many properties remain vacant for extended periods. However, Jack Bohman, Lead Agent and Co-Founder of The Bohman Hartung Group at Gibson Sotheby’s International Realty, challenges this perception. He argues that Cape Cod maintains steady year-round residential ...
In Hudson County, New Jersey, a typical three-bedroom house can list on a Friday and be under contract by the following Thursday — often for $50,000 over the asking price. For anyone house-hunting in this market, the pattern is familiar: limited showings, multiple listings on a Friday, offers, and little room to negotiate repairs. This ...
Boise’s housing market has reached its highest inventory levels in years, with some neighborhoods now approaching five months of available homes for sale. This marks a sharp departure from the pandemic-era frenzy, when buyers faced less than a month of supply and homes sold within days. For buyers, the shift means more choices and the ...
Just a year ago, buying a home in Buffalo meant competing in bidding wars, waiving inspections, and making snap decisions — sometimes within hours of a new listing. Today, the pace has slowed. Buyers are scheduling inspections, asking more questions, and negotiating harder, even as inventory remains low and demand stays strong. “We’re seeing less ...
For the past five years, many older homeowners in central New Jersey have stayed put, reluctant to move despite homes that no longer fit their needs. Rock-bottom mortgage rates during the pandemic made it hard to justify selling, even as property taxes rose, maintenance demands increased, and empty rooms multiplied. Now, a clear shift is ...
Homes in Delaware’s Wilmington and Pike Creek areas are staying on the market longer than at any time in recent years, giving buyers more time to evaluate their options and negotiate. George Manolakos, an associate broker with Patterson-Schwartz Real Estate who has sold homes in the region since 1988, says the slowdown is evident across ...
Orange County’s housing market has split into two. Some homes attract multiple offers within days, while others sit for weeks with no interest. For buyers and sellers, knowing which side of this divide you’re on could determine whether you save thousands or finally secure the home you want. Buyers have become highly selective, says Kristina ...
The residential real estate industry is approaching a major infrastructure shift as artificial intelligence becomes more embedded in daily life, according to Elliot LaBreche, CEO of Vitalis Smart Communities. He says the growing use of AI-enabled appliances, smart home systems, and household robots will require gigabit symmetrical fiber connectivity, a standard most older apartment buildings ...
Massachusetts introduced a ban on inspection waivers to protect homebuyers from hidden defects and unexpected repair costs. In the Greater Boston market, however, buyers are adapting to competitive conditions in ways that weaken the rule’s intent. Instead of waiving inspections, buyers are offering high inspection caps, some reaching $100,000, to make their offers more competitive ...
High rental costs in Queens are now pushing renters into homeownership, outweighing concerns about elevated mortgage rates. This trend contrasts with the broader national focus on interest rate sensitivity. According to Shanie Baran, CEO and licensed real estate broker at Sovereign Realty of NY, renters paying $3,000 to $3,500 per month for three-bedroom apartments are ...
South Jersey is experiencing an outflow of residents, primarily due to New Jersey’s high property tax burden, according to Michelle Roberts, team lead at The Roberts Realty Team with Keller Williams Realty in Cherry Hill. Roberts says she currently has five clients preparing to list their homes to relocate to lower-tax states. This pattern contrasts ...
Residential buyers in the Chicago market are paying between $800 and $1,000 per transaction for inspections, according to Kevin Burke, team lead at The Kevin Burke Team at RE/MAX 10. These costs often include home inspections, sewer scopes, termite checks, and radon testing. The added expense and complexity are creating opportunities for agents with construction ...
Three years ago, Gerard Rosenberger could predict which homes would sell quickly based on square footage and location. Today, buyers’ first questions have changed — and they rarely start with price or bedroom count. “They want to know if there’s an elevator,” says Rosenberger, co-owner of Marketplace Realty in Margate, New Jersey. “Before we talk ...
