Long Island’s residential market is experiencing a housing shortage that stems less from a lack of available properties and more from the impact of mortgage rates, according to a local real estate professional who works directly with buyers and sellers. Jeffrey Memisha, a licensed sales associate at Realty Advisors Inc., says the central issue is ...
A new wave of international buyers using visa programs is reshaping Florida’s residential real estate market. These buyers, often leveraging significant capital and complex structures, are providing price stability even as domestic sales slow. Florida’s Buyer Pool Shifts Toward International Capital The makeup of Florida’s home buyers has changed rapidly in the past year, according ...
The surge of New York City buyers moving to Central Jersey during the pandemic was real but brief, according to Jose Sanchez, Team Leader at The LINK Real Estate Group. At the peak of COVID-19, 60% to 75% of his firm’s buyers were relocating from New York City. Today, that figure has settled to between ...
Since the pandemic, many Pacific Northwest buyers have shifted their priorities toward space, flexibility, and stronger ties to nature, creating fresh demand for island communities. Camano Island, situated between the Canadian border and Seattle, has managed to attract new residents while maintaining its community character. Median home prices currently sit at around $700,000. That may ...
A West Palm Beach broker argues that combining real estate, development, and design expertise creates advantages in evaluating and marketing high-end properties that traditional agents cannot match. For decades, real estate brokerage has relied on a generalist approach, with agents expected to handle a wide range of property types and price points. But in West ...
Central Jersey’s residential market is experiencing a new friction point that headline statistics fail to capture: inspection negotiations have become the top reason real estate transactions fall apart, according to Jose Sanchez, Team Leader at The LINK Real Estate Group. “We’re seeing some difficulties with transactions, especially regarding inspections,” Sanchez says. While sellers often assume ...
Ultra-luxury residential markets operate according to economic signals that differ markedly from those driving mainstream housing, creating a distinct real estate economy that Federal Reserve policy barely influences. While most economists and housing analysts focus on mortgage rates and their impact on home sales, a significant segment of the market remains almost entirely unaffected by ...
Drive through Greenville, South Carolina, and you’ll see cranes, new storefronts, and neighborhoods that didn’t exist five years ago. But if you want to buy land in the city itself, options are nearly gone. Greenville has run out of developable land, and that scarcity is pushing builders, investors, and homebuyers into surrounding areas at a ...
South Carolina’s Upstate has become one of the Southeast’s fastest-growing regions, fueled by population inflows, job creation, and expanding manufacturing investment. Yet despite this growth, large tracts of land purchased by builders often remain undeveloped for years. This apparent contradiction — strong growth alongside delayed construction — reflects a deliberate shift in how builders approach ...
Just a few years ago, Spartanburg, South Carolina, was often dismissed by real estate professionals as too undeveloped and too distant from Greenville’s activity to attract serious growth. Today, that perception has changed. Land prices are rising in the area, national and local builders are buying up property, and the city has emerged as the ...
Connecticut sellers expecting 2022-style bidding wars are discovering that not every listing is selling quickly or at a premium. While headlines still highlight tight inventory and occasional bidding wars, agents across the state report a growing gap between what sellers hope for and how buyers actually behave in 2024. Nicholas Tarquino, realtor with Carbutti & ...
Real estate sales operate differently from other high-value transactions, according to Jason Madison, a licensed real estate salesperson with Stevens Real Estate. He spent 16 years in automotive sales before moving into real estate in 2022. Madison says real estate clients expect a relationship before discussing a transaction. “There’s nobody I’ve met who will let ...
California’s insurance crisis is has emerged largely from the growing scale and cost of wildfires. As insurers pay out billions in claims and reassess their exposure across the state, they have sharply raised premiums, reduced coverage, or left the market altogether. While the headlines often focus on homeowners in fire-prone areas, renters are increasingly feeling ...
Micro-market differences in the lower Hudson Valley are creating buying opportunities many house hunters overlook, according to Jason Madison, a licensed real estate salesperson with Stevens Real Estate who covers Orange, Dutchess, and Ulster counties. What appears to be one market is actually a patchwork of distinct local economies separated by short drives. “In the ...
According to a local realtor, inspection findings are the most common reason home sales fall through at the Jersey Shore, as buyers regain leverage and refuse to accept unresolved property defects. After years when financing and appraisal shortfalls dominated real estate headlines, Dylan Smith, a realtor with Chris Smith Realty in Spring Lake, New Jersey, ...
