Conventional wisdom would suggest that in 2024, Memphis’s most expensive homes would linger on the market while affordable starter homes attract multiple offers. Instead, the opposite is true. High-end properties are moving quickly, while entry-level listings are seeing more days on market, fewer showings, and less competition than anticipated. For buyers searching under $400,000, the ...
After months of rapid sales and intense competition, Memphis homebuyers are finally seeing the market move in their favor. Properties are staying on the market longer, sellers are offering new incentives, and buyers are taking more time — often touring several homes before making a decision. This shift marks a significant change from the fast-paced ...
“Most people still believe you need 20% down to purchase a home,” says Ricki Fitzpatrick, a realtor with Keller Williams Realty in Memphis. “I’ve had clients come with just their earnest money deposit and get a check back at closing.” Despite persistent misconceptions, the home-buying process in Memphis is more accessible than most realize. These ...
Home prices in Winter Haven have dropped about 3% to 4% over the past year, and the average listing now remains on the market for 74 days before selling. For buyers who have been priced out of Central Florida in recent years, the current slowdown may finally offer an entry point. However, not every home ...
For years, homeowners’ association (HOA) communities were considered safe bets in Central Florida: well-maintained, predictable, and easy to sell. Today in Winter Haven, buyers are actively avoiding them. Homes without HOA fees are selling quickly, while similar properties inside gated communities are lingering on the market for weeks. If you’re searching for a home or ...
Sarasota’s luxury real estate market has shifted dramatically from its pandemic-era frenzy. Properties that once sparked bidding wars and sold within days are now sitting on the market for months. Waterfront homes that previously attracted multiple offers are lingering, and buyers have more time—and more options—than they have had in years. After a period of ...
In Ontario, some of the most in-demand properties are not newly renovated or recently occupied homes, but long-vacant houses that have sat empty for years or even decades. These properties, often neglected and in need of repair, are being purchased by cash buyers at a rapid pace. Meanwhile, homes bought in the last five years ...
Apartment hunters in Manhattan face a harsh reality: rents are higher than ever and continue to rise. While rental prices in many U.S. cities have stabilized or even declined, Manhattan stands out as a market where prices have climbed steadily for three consecutive years. If your lease renewal includes a sharp increase, or your landlord ...
Florida’s cities and towns have spent decades crafting zoning rules to control building heights, density, and land use. Now, a state law called the Live Local Act allows developers to sidestep many of these local restrictions—if they commit to building affordable housing. Supporters argue that this law is essential to address Florida’s housing shortage and ...
Florida’s real estate market has changed significantly over the past two years. Rising mortgage rates, new condo regulations, and a surge in available homes have shifted the balance of power between buyers and sellers. Here are the three most important trends shaping the market right now—and what they mean for anyone considering a move. Homes ...
A 20-year-old realtor closing nine deals in his first nine months in the Sioux Falls market is unusual. But according to Rockwell Tornow, Realtor® of Amy Stockberger Real Estate, his early success is not about luck or favorable market conditions. Instead, he attributes it to two factors that younger agents can use more effectively than ...
First-time buyers in Sioux Falls are facing a shortage of move-in-ready homes at entry-level prices, leading to challenging negotiations and compromises. While there are plenty of listings in the $200,000 to $250,000 range, few are truly turnkey, creating a mismatch between buyer expectations and available inventory. Rockwell Tornow, a Realtor® with Amy Stockberger Real Estate, ...
Real estate expert Ellen Gvili argues that Category 5 construction standards and advanced hurricane-warning systems make the Florida Keys safer than many earthquake- and tornado-prone regions. Yet, insurance companies continue to charge the region the highest wind premiums in the state. The result is a pricing paradox: lower actual hurricane damage rates but higher insurance ...
Canada’s residential land market has suffered a dramatic collapse over the past two and a half years, with undeveloped land prices down 40 to 50 percent from their peaks, according to Aaron Ulinder, Partner and Executive Vice President at Lennard Commercial Realty in Vancouver. “Land has been hit the hardest, so undeveloped land, and we’ve ...
Sarasota’s residential real estate market is undergoing a significant shift, with builders leveraging aggressive incentive packages that are altering buyer preferences and putting resale sellers at a clear disadvantage. Nazar Bas, a realtor with Coldwell Banker Realty who covers Sarasota, Lakewood Ranch, Parrish, and Bradenton, reports that the landscape has changed sharply over the past ...
