Permanent interest rate reductions funded by sellers are becoming the primary form of negotiation in Tampa Bay’s residential real estate market. This shift marks an apparent change in leverage between buyers and sellers as the region moves away from the pandemic-era seller’s market. Chuck Vosburgh, a realtor with NextHome Gulf to Bay, reports that seller-funded ...
Florida’s homeowners insurance crisis has shifted from a secondary concern to the main factor limiting buyer purchasing power in Tampa Bay’s residential market. Chuck Vosburgh, a realtor with NextHome Gulf to Bay, says insurance costs are now so significant that they dictate where and whether clients can afford to buy, often overriding considerations such as ...
Industry veteran Jeff Beggins warns that a combination of federal and state policy shifts will soon drive a surge in demand for Florida residential real estate, leaving investors with fewer opportunities to buy at current prices. Florida’s residential real estate market is approaching a turning point, according to Jeff Beggins, Chief Evolution Officer at CENTURY ...
Florida’s coastal real estate markets follow a consistent recovery timeline after hurricanes, according to Jeff Beggins, Chief Evolution Officer at CENTURY 21 Beggins Enterprises. Beggins says this pattern creates a specific window for investors willing to act before the data confirms a rebound. “Typically, it’s 18 to 24 months after hurricane impact that you get ...
Florida’s insurance crisis has dominated real estate headlines in recent years, with many industry observers citing rising premiums as a major obstacle to home sales. However, Nazar Bas, a realtor with Coldwell Banker Realty who works with both investors and residential buyers in Sarasota and nearby markets, says insurance is no longer the deal-breaker many ...
Buyer preferences are changing rapidly in residential real estate, with first-floor primary suites—bedroom, bathroom, and closet space located on the main level—now driving demand among multiple buyer segments. Sarah Peters, Team Leader at eXp Luxury Realty, says these features have moved beyond their origins as accessibility accommodations to become mainstream selling points that influence pricing ...
A clear pattern is developing in mature suburban real estate markets around major cities, according to Sarah Peters, Team Leader at eXp Luxury Realty. Walkability has moved beyond a lifestyle perk to become a decisive factor in pricing, changing the competitive landscape and limiting access for some buyers. “We’re seeing major trends with baby boomers ...
The Florida Keys present a real estate scenario that often confuses investors: the same historic preservation guidelines and zoning restrictions that create long permitting processes and costly restoration requirements also underpin the market’s resilience during downturns, according to Ellen Gvili, global real estate advisor at Ocean Sotheby’s International Realty. “The Key West market is one ...
The Sarasota real estate market is dividing sharply along geographic lines, with planned communities like Lakewood Ranch continuing to attract buyers and investment while outlying areas that surged during the pandemic are now seeing prices fall. This divergence marks a significant shift from the broad-based appreciation that characterized the market just a few years ago. ...
Nashville’s distressed property market is showing early signs of a significant increase, even as overall market activity remains subdued for the holidays. According to Moren Adenubi, owner and managing broker at Crown Realty Experts, the underlying numbers point to a growing wave of bank-owned properties that most market observers have yet to notice. In December ...
Wichita-based real estate investor Joseph Hamer of ReeceNichols South Central Kansas, says medium-term rentals are gaining traction as a practical alternative to both traditional long-term leases and the increasingly regulated short-term rental market. By focusing on tenants who stay one to six months – mainly travel nurses, aerospace workers, and corporate relocations – Hamer reports ...
Industry veteran says the biggest misconception in Pinellas County real estate isn’t about hurricanes or insurance – it’s sellers refusing to accept that post-pandemic pricing was an aberration, not the new normal. In Pinellas County’s residential real estate market, the main obstacle to sales isn’t hurricane damage, insurance costs, or even high interest rates. According ...
New milestone inspection and reserve study requirements have triggered a wave of forced repairs and special assessments, strangling condo values across coastal Florida, according to a veteran Tampa Bay real estate professional. The regulatory response to the 2021 Champlain Towers South collapse in Surfside may have inflicted more harm on Florida’s condo market than the ...
A surprising hiring trend is emerging among successful real estate teams in secondary markets: many top agents started their careers in education. Joseph Hamer’s team at ReeceNichols South Central Kansas is entirely made up of current or former educators, a structure he says is intentional and reflects a clear insight into what makes agents effective ...
First-time homebuyers in Omaha are making a costly financial error by waiting to accumulate larger down payments before entering the market, according to one of the region’s top-producing agents. The numbers behind these decisions, she contends, show that many buyers misunderstand how wealth is actually built through real estate. Nicki Headen, a realtor with eXp ...
