Rising regulatory and compliance costs have pushed the per-unit price of subsidized affordable housing above that of market-rate projects, according to Marc Norman, Associate Dean at NYU School of Professional Studies Schack Institute of Real Estate. Developers now face a system in which building subsidized affordable units often costs more and takes longer than constructing ...
Jeff Barton, Managing Director of Punta Pacifica Realty, says new pre-construction developments in Panama are priced between $3,500 and $5,000 per square meter, about 40% higher than resale units built between 2010 and 2020. Despite this steep premium, buyers are increasingly choosing new construction, motivated by factors that go well beyond traditional price-per-square-meter calculations. “New ...
Despite predictions that AI and online platforms would make real estate agents obsolete, Manhattan buyers still rely on human expertise to close deals, even when paying all cash. The rise of real estate technology has made some believe agents are losing relevance. Buyers begin their searches with AI tools or online platforms, and venture capital ...
Over the past five years, a disconnect between traditional staging and buyer preferences has quietly reshaped the Brooklyn townhouse market. According to Tali Berzak, a Compass realtor specializing in Bed Stuy, Crown Heights, and Bushwick, sales outcomes often hinge on whether a home’s presentation matches the style that Brooklyn buyers expect. This shift has changed ...
Brooklyn’s townhouse market is seeing a noticeable change in who is buying and how they use these properties. Townhouses, once marketed mainly as single-family homes, are now increasingly bought to house multiple generations of the same family. Tali Berzak, a Compass realtor working in Bedford-Stuyvesant and nearby neighborhoods, says this shift reflects how families are ...
For the past five years, Westchester and Yonkers have become the next step for New York City residents who can no longer afford Manhattan or the outer boroughs. Data supports this story: prices in Yonkers have climbed 6 to 11 percent year over year, with some neighborhoods appreciating even faster. However, beneath these headline numbers ...
Connecticut’s shoreline properties follow a different economic logic than the rest of the state’s residential market. Most homes are bought and sold based on price trends and market cycles. Waterfront properties, however, are increasingly purchased with the intention of being held for generations. This long-term view is fueling persistent price premiums that traditional market models ...
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 ...
