The Bay Area housing market has split into two sharply different tracks. Single-family homes priced above $2 million are now selling for more than their 2022 peaks, while condos and townhomes in some areas have dropped as much as 30 percent from their highs. According to Spencer Hsu, Team Lead at eXp Realty, this divide ...
In Florida’s Cape Coral, a 1978 ranch with brown siding sits next to a brand-new build with gray modern finishes. Both are priced similarly, but the new construction is very likely the one that will sell first. The reason comes down, at least partly, to supply. Cape Coral’s vast inventory of buildable lots — roughly ...
Bay Area single-family home prices have reached new records despite high interest rates, defying national trends and challenging the traditional belief that mortgage costs are the primary force behind real estate markets. According to Spencer Hsu, Team Lead at eXp Realty of California, Bay Area buyers are largely insulated from rate fluctuations because their purchasing ...
Investors buying vacation rental condominiums on the Gulf Coast pay higher fees and face longer approval times when using national lending platforms or out-of-state lenders. Local real estate professionals say financing for income-producing condos is fundamentally different from primary residence mortgages, and lenders without regional experience often struggle to meet specific requirements efficiently. Kristy Bushaw, ...
If you looked only at agents’ appointment books and weekend open houses, you might think the housing market was finally picking up steam. Mortgage-rate cuts have improved buyer confidence and increased market activity. The problem is that – at least so far – that activity hasn’t translated into increased sales. Rates have slipped somewhat from ...
Silicon Valley’s real estate market is slowing down, and immigration policy uncertainty is a bigger factor than mortgage rates. That is the assessment of Amol Heda, Broker Associate at KW Bay Area Estates in Los Gatos. Heda says skilled immigrants on H-1B visas and similar programs, who make up a large share of the Bay ...
Philadelphia is experiencing a reversal in migration trends. Empty nesters who moved to the city before the pandemic are now returning to the suburbs. This shift reflects changing perceptions of city living since COVID-19 and growing concerns over public school quality, both of which are contributing to higher condo turnover and reduced demand for urban ...
Buyer activity in New Jersey shore communities has declined sharply over the past four years. Properties that once attracted 20 to 30 competing offers now typically receive only two or three serious bids. Steven Kozusko, a Realtor with CENTURY 21 Thomson & Co., says this steep drop in competition is changing how deals are made ...
Scottsdale’s luxury real estate market is undergoing a decisive shift in what buyers value most. Location now eclipses traditional metrics like square footage and bedroom count. Kevin Weil, Associate at RE/MAX Excalibur, reports that affluent buyers are paying premiums for homes near urban centers such as Old Town and Kierland. At the same time, properties ...
A stunning view and an attractive price can make any Florida Keys home seem irresistible. But experienced local agents warn that the real costs often hide beneath the surface — especially along the waterfront, where saltwater and storms can cause damage that most buyers overlook. Michaela Walters, broker associate at Walters Luxury Group in the ...
Many Houston homeowners are facing a sudden spike in monthly housing costs due to sharply higher insurance premiums and property taxes. Even if you haven’t changed anything about your home, you might find yourself paying hundreds more each month than you were a year ago. For landlords, especially those with just one or two properties, ...
In much of Connecticut, $400,000 no longer stretches very far — especially in cities like Bridgeport or Danbury, where that budget often falls short of a spacious single-family home. In Waterbury, however, buyers can still find a 2,500-square-foot house in a solid neighborhood, with good schools nearby, and sometimes even have money left over. Lynn ...
Pricing a home has traditionally required hours of manual research, spreadsheets, and guesswork. Now, AI-powered tools can generate a property valuation in under half a minute — and they’re becoming accessible to everyone from professional investors to first-time homebuyers. Tools like Bricked AI, a comping platform used by investors and agents nationwide, are emblematic of ...
Bergen County, New Jersey has long been one of the most sought-after luxury markets in the Northeast. Homes regularly trade at $2 million and above, buyers are sophisticated, and sellers know it. Understanding how the process really works — before you start touring homes — can save you time, money, and a great deal of ...
Scottsdale’s real estate market is being shaped less by local buyers and more by an influx of affluent out-of-state buyers purchasing second homes. According to Kevin Weil, Associate at RE/MAX Excalibur, second-home buyers are providing critical price support, even as other signs point to a slowing market. While many observers focus on primary residence demand ...
