Gerard Hagan, co-owner and agent at The Best Edmonton Real Estate Team, argues that the most costly mistakes real estate buyers make are emotional, not analytical. According to Hagan, buyers often become attached to properties and justify financial decisions after the fact, fixate on minor inspection issues that have little impact on long-term value, and ...
Gerard Hagan, co-owner and agent at The Best Edmonton Real Estate Team, argues that Edmonton’s housing market is shaped by forces that set it apart from most North American cities. Unlike markets driven primarily by population growth or employment diversity, Edmonton’s real estate sector is closely tied to oil prices and the performance of the ...
Picture this: you find the perfect waterfront condo in Fort Lauderdale, but your insurance quote comes back at $30,000 a year. That adds $2,500 to your monthly expenses, making the property suddenly unaffordable. For buyers and owners in Florida, skyrocketing insurance costs are now a central factor in homebuying decisions—sometimes stopping deals in their tracks. ...
Sarasota’s housing market is seeing renewed attention in several overlooked neighborhoods. After years of focus on barrier islands and downtown high-rises, buyers are expanding their searches to areas that offer value, walkability, and unique character. Local agents report increased interest in a handful of communities where new businesses are opening, more buyers are touring homes, ...
For years, Chicago’s parking requirements have blocked the construction of thousands of apartments citywide. The rule was straightforward: nearly every new apartment required a dedicated parking space. In practice, this meant that many buildings could not add more units, even when there was room, because there simply wasn’t space for additional parking. As a result, ...
Central Florida’s 55-and-over communities have long been a magnet for snowbirds – retirees who split their time between homes up north and a winter escape in places like Winter Haven and Lakeland. That pattern is now changing. Seasonal buyers are retreating, inventory is rising, and the profile of buyers is shifting. If you are considering ...
You find the perfect Naples home, make an offer, and go under contract. Then, two weeks later, you walk away. This scenario is becoming increasingly common in Naples real estate, and it’s not because buyers can’t secure financing. Instead, they’re backing out due to second thoughts or the lure of better deals. Mike Shoaff, a ...
San Antonio’s real estate market has moved through three distinct phases over the past 20 years, according to veteran agent Jerry Newman. His perspective offers valuable context for today’s market, where inventory levels have begun to normalize, and both buyers and sellers are reassessing their strategies. The Buyer’s Market Era When Jerry Newman of Brown ...
Out-of-state buyers leaving high-cost markets are rapidly altering San Antonio’s real estate landscape, creating a split market that could threaten the city’s longstanding affordability advantage. The Coastal Exodus Arrives in San Antonio San Antonio has become a leading destination for homebuyers moving away from expensive coastal regions, according to Jerry Newman, a realtor with Brown ...
A significant demographic change is underway along Florida’s coast, as migration patterns shift established norms of where affluent buyers settle. According to Stephen Dutcher, a broker associate with Illustrated Properties who has worked in Martin County real estate since 1983, buyers from Miami-Dade, Broward, and Palm Beach counties are moving north to Martin and St. ...
Florida’s coastal real estate markets are experiencing a supply problem that isn’t driven by construction capacity or a lack of land. Instead, according to veteran broker Stephen Dutcher, homeowners with low pandemic-era mortgage rates are economically trapped in their homes, creating an artificial inventory shortage that distorts the market in ways previous cycles have not. ...
Since the Surfside condo collapse, Miami’s condominium market has divided sharply between older buildings and new construction. According to Nayla Benitez, associate broker with Berkshire Hathaway HomeServices EWM Realty, new mandatory safety regulations have not reassured buyers as intended. Instead, she says, they have deepened skepticism toward older properties and accelerated a local affordability crisis. ...
Builder-offered rate buydowns are drawing buyers away from resale homes in Jacksonville, creating a market split where financing terms, not home quality, determine buyer decisions, according to Jan Rice, a licensed realtor with Momentum Realty Jacksonville. A Growing Divide in Mortgage Rates Jacksonville’s residential market is seeing a pronounced gap in financing options. While national ...
Inventory glut and weak buyer demand have created a two-tier market in Jacksonville, where only sellers willing to cut prices are closing deals, according to Jan Rice, a licensed realtor with Momentum Realty Jacksonville. As of November, about 11,000 homes are listed on the MLS, with roughly 8,000 of those sitting unsold for more than ...
Carlo Batts, Principal and CEO of Reduxx Group, says media coverage of Philadelphia’s real estate market is missing the region’s actual development story. While most reports focus on Fishtown, Northern Liberties, Center City, and Rittenhouse Square, Batts argues that the real growth and opportunity lie in the first and second ring suburbs, communities with regional ...
