A designer argues that dismissing backyard projects as weak financial investments reflects an outdated view, as buyers increasingly prioritize stress relief and quality of life alongside traditional renovation metrics. Rethinking the Resale Value of Outdoor Living Real estate professionals have long advised homeowners that outdoor living upgrades yield weaker financial returns than kitchen or bathroom ...
Joseph DeNaro, a realtor at Realty ONE Group Emerge, says buyers in the luxury secondary home market are more likely to walk away from deals they would have accepted a year ago. This reflects a shift in how economic uncertainty is influencing buyer decisions. DeNaro, who specializes in New Jersey’s beach market, sees this trend ...
Flood insurance is pushing buyers out of coastal real estate markets and creating an affordability barrier that is often overlooked. Joseph DeNaro, a realtor at Realty ONE Group Emerge who specializes in New Jersey beach communities, says flood insurance has become a third major cost factor, along with mortgage rates and property taxes, that removes ...
Financing problems, not appraisal gaps or high rates, have become the leading cause of failed residential real estate deals in Houston. According to Anja Drewes Neidhardt, owner and broker at Anja Drewes Properties, the main culprit is lender incompetence, with critical documentation issues surfacing just days before closing. Rate Shopping Houston home sales are increasingly ...
Across Utah, cities are approving new starter home developments that remain unbuilt, revealing a critical breakdown in how regional infrastructure is funded. The issue is not regulatory resistance or lack of builder interest, but rather the absence of roads, water lines, and utilities needed to support these higher-density communities. As a result, zoning reform alone ...
Neighborhood opposition to starter home developments is typically driven by fears that smaller, more affordable homes will lower property values, increase crime, and introduce social problems in established communities. Steve Waldrip, Senior Advisor for Housing Strategy and Innovation in Utah’s Office of the Governor, acknowledges that while these concerns are common, they are not supported ...
Appraisal-required repairs in as-is sales are derailing a significant number of entry-level home purchases in North Alabama, according to Nina Soden, associate broker at The Soden Team of Legend Realty. Soden reports that financed deals under $250,000 are falling through at higher rates, with property condition emerging as the main obstacle. Many homes at this ...
Florida’s luxury residential developers are facing a visibility problem that few have recognized. Laurie Andrews, President of Cotton & Company, a real estate marketing firm specializing in luxury projects, says the way high-net-worth buyers discover properties has changed rapidly — and the effects are already showing up in sales pipelines. While many developers have blamed ...
Austin’s new construction market is undergoing a clear repricing. Homes that sold for over $1 million two years ago are now entering the market under $900,000, as builders and sellers respond to increased inventory and more selective buyers. Nancy Taute, a Realtor at Compass RE Texas, says this shift marks the end of sellers listing ...
Miami’s luxury condo market is known for its high-profile branded towers – names like Cipriani, St. Regis, and Four Seasons dominate headlines and attract buyers willing to pay a premium for brand recognition. But beneath the surface, a quieter trend is emerging: non-branded luxury developments are offering comparable finishes, top locations, and resort-style amenities at ...
The prestige gap between the Hamptons and New Jersey’s beach towns is narrowing as convenience and pricing reshape luxury buyer preferences in the Northeast. Joseph DeNaro, realtor at Realty ONE Group Emerge and longtime New Jersey shore property owner, says the change is clear. “There’s a lot more New York cars at the beach in ...
Insurance costs are now a primary factor in pricing negotiations and buyer demand in coastal Florida markets. They rival traditional concerns such as financing and location. Scott Reynolds, Team Leader at The Reynolds Team of Compass in Vero Beach, reports that properties with roofs aged 18 to 22 years can carry annual insurance premiums of ...
Austin’s real estate market is showing signs of what local agent Soomin Kim calls “buyer patience fatigue.” After two years of uncertainty, some renters who can afford to buy are reaching their limit and purchasing homes out of frustration rather than optimism. Kim, team leader at Soomin Kim Group (eXp Realty),says recent buyer activity reflects ...
Homebuyers in Prescott, Arizona can now search for properties by typing requests like “three bedrooms near a dog park, no HOA” into an app and get instant results. AI tools generate listing descriptions, digitally stage photos, and predict likely sale prices using thousands of data points. As real estate technology advances rapidly, many buyers and ...
Victoria’s resale condominium market is divided between steady demand for entry-level units and slower sales at higher price points, according to Tony Joe, Team Leader and Broker-Owner of The PRIME Real Estate Team. Joe attributes this divide to competition from single-family homes that compete directly with upscale condos. Elevated Inventory for Higher-Priced Condos Resale condos ...
