Central Virginia’s real estate market functions as a set of distinct submarkets rather than a single, unified market. According to Peter Wiley, broker and owner of Corcoran Wiley, areas like Free Union, Keswick, Somerset, and the neighborhoods of downtown Charlottesville, Va., each have unique characteristics, price points, and buyer profiles. This fragmentation gives local brokers ...
Not long ago, Connecticut homebuyers had rigid checklists: the right town, the right school district, the right floor plan. Today, those same buyers are making trade-offs they would have dismissed just years before. This isn’t about settling; it’s about adapting to a tougher market. Understanding why buyers are now more flexible can help you navigate ...
Five years ago, a new suburban home often stretched 3,500 square feet. Today, the same builder might offer you 2,800 — and argue it’s the better deal. The difference isn’t just size. It’s insulation, windows, air sealing, and long-term costs that most buyers never thought to ask about. “The easiest way to pay for performance ...
If you’ve been watching the Jersey City real estate market, you’ve likely noticed an emerging pattern: single-family homes are lingering on the market, while two- and three-family properties are selling quickly. Sandy Cuevas, sales associate with Weichert Realtors specializing in North Jersey, says the trend is being driven by buyers seeking ways to manage today’s ...
If you’re considering buying, selling, or renting in Atlanta, you’re entering a market that is changing more quickly than many realize. The rules that governed real estate here for the past few years no longer apply. Mortgage rates have risen sharply, price reductions are happening sooner, and renters are seeing incentives reappear after years of ...
If you’ve noticed new apartment towers with ground-floor restaurants or shopping centers adding office space in your neighborhood, you’re seeing South Florida’s most significant real estate shift in years. Instead of building single-use homes or retail, developers are creating compact neighborhoods where residents can live, work, shop, and socialize within walking distance — minimizing the ...
You’ve finally found the Manhattan apartment that checks all your boxes. The price fits your budget, the location is ideal, and you’re ready to make an offer. Yet, the deal unravels — and almost always for the same two preventable reasons: moving too slowly, and working with attorneys and lenders who don’t know the Manhattan ...
California’s mountain resort communities are seeing a significant change in who lives there and how homes are used. For decades, Big Bear followed an 80/20 rule: about 80% of homes were owned by part-time residents, with only 20% occupied by full-time locals. According to Mark Dolan, broker at RE/MAX Big Bear, this ratio is now ...
A growing number of East Bay, California, home buyers are searching for properties that serve both child-rearing and elder care needs, according to Victoria Bell, a realtor with Better Homes and Gardens Real Estate in Berkeley. This focus on multigenerational living is changing what buyers consider desirable in affluent markets, as families seek homes that ...
Property values along the South Jersey Shore, New Jersey, continue to rise even as the number of sales drops sharply. This pattern is driven by long-term inventory constraints rather than typical demand cycles. According to Gerard Rosenberger, co-owner and sales associate at Marketplace Realty, transaction volume has fallen to just 50-60% of pre-pandemic levels. Still, ...
Waterfront property development in northern Michigan faces structural obstacles that keep inventory tight, according to Sander Scott, broker and owner of Net Real Estate. Shoreline in Leelanau, Grand Traverse, Benzie, and Antrim counties is restricted by federal and state parks, land conservancies, and environmental regulations governing wetlands and critical dunes. In areas where private ownership ...
Properties listed above market value are creating a new class of distressed sellers who end up accepting lower offers than they could have received with competitive initial pricing, according to Patrick Gorman, team leader at the Gorman Group Realtors at Keller Williams Main Street. This marks a clear shift in pricing strategy, as the traditional practice ...
Sellers in New York’s Hudson Valley are discovering an uncomfortable truth: record home prices don’t guarantee a quick sale. The median has climbed to an all-time high of $350,000, yet homes are lingering on the market, offers are getting scarce, and the bidding wars of the pandemic years are gone. For buyers, that’s good news. ...
Litchfield County, Connecticut, is known for its classic New England colonials and 18th-century farmhouses, many of them lovingly restored. But in today’s market, a clear divide has emerged: move-in-ready antique homes are selling quickly, while properties needing renovation are lingering unsold. For buyers looking for a weekend retreat or a family home near one of ...
Open a front door at a Bergen County open house today, and you’ll likely find a crowded sign-in sheet, buyers submitting offers within days, and sellers fielding multiple bids on homes under $800,000. While much of the country has shifted to a slower, more balanced housing market, Bergen County remains firmly in seller’s territory. Homes ...
