Outdated price expectations from the 2022–2023 peak are causing a standoff in the Naples luxury market. Sellers remain anchored to record prices from two years ago, while buyers, facing an 11-month supply of inventory, expect significant discounts. This disconnect has led to a slowdown in transactions and rising inventory. “If a home sold at $800,000 ...
The Florida coastal real estate market is undergoing a sharp correction, but according to one veteran broker, the roots of the problem go beyond typical market cycles. Randall Rintala, Associate Broker at Berkshire Hathaway HomeServices Beach Properties of Florida, says many agents misled buyers during the COVID boom by presenting inflated rental income projections based ...
Naples’ condo market is facing what one experienced agent calls a structural affordability crisis: post-hurricane assessment hikes of 20 to 30 percent are changing buyer behavior and widening the performance gap between condos and single-family homes, a trend that may persist for years. “I’ve seen now almost $1,000 a month in assessment fees. So that’s ...
While analysts warn about potential oversupply in Miami’s luxury housing market, new construction is commanding record premiums and strong demand. According to Joelle Oiknine, Senior Global Real Estate Advisor at One Sotheby’s International Realty, buyers are paying far more for pre-construction and newly delivered properties than for older inventory, upending traditional assumptions about how supply ...
Image Source: KeyCrew Media, generated with Google Imagen 4 As Zohran Mamdani prepares to take office, uncertainty around his housing agenda is prompting many New Yorkers to reassess their plans – creating ripple effects from New Jersey to the Sun Belt. Zohran Mamdani’s election as the next mayor of New York City has created a ...
Along Florida’s Scenic Highway 30A – a stretch of coastal communities in the Panhandle – a clear divide has emerged between beachfront resale homes and newly built properties farther inland. Older homes closest to the water are increasingly sitting on the market, often after multiple price cuts and limited showings. By contrast, new construction just ...
You’ve found the perfect Florida beach house. The photos are stunning, the location checks every box, and the price feels consistent with other coastal homes you’ve seen. But there’s a question many buyers don’t confront until after closing: what will this property actually cost to own year after year? Randy Rintala, an associate broker with ...
Some parts of Miami have become prohibitively expensive, pushing investors, developers, and even local buyers to look beyond the city’s most established neighborhoods. As prices climb in the urban core, attention is shifting to areas that sit just outside the spotlight but show clear signs of momentum. Magic City, Little River, and key parcels along ...
Buying a home is one of the most important financial decisions most people ever make. What often gets overlooked is that it isn’t one decision at all, but a sequence of approvals, deadlines, and handoffs — and at several points along the way, small mistakes can quietly turn into expensive ones. Alex Mayer, a real ...
While much of the country is seeing slower sales and price cuts, Rochester, Minnesota, stands out as an exception. Despite national headlines about a cooling market, this mid-sized city is maintaining its momentum, with inventory remaining tight and prices continuing to climb. Local buyers and sellers have noticed that homes in Rochester are still moving ...
Buying or renting a home today looks very different from how it did even a few years ago. What once involved hours of scrolling, slow paperwork, and educated guesswork is increasingly guided by algorithms that promise speed, clarity, and confidence. Artificial intelligence is now embedded in many of the tools people use to search for ...
Open houses in Jacksonville look very different today from how they did just a few years ago. In 2021 and 2022, many homes attracted multiple offers within days of listing, often selling above asking price. Buyers frequently waived inspections to stay competitive, and sellers had little reason to negotiate on price or terms. That pace ...
Your home has been on the market for three weeks. You’ve cleaned the house, staged the rooms, and even dropped the asking price by five thousand dollars. Still, no offers. Meanwhile, the house down the street — which appears less appealing — just went under contract in five days. In Jacksonville’s current market, selling a ...
Just three months ago, Jacksonville homebuyers were scrambling to compete – making rushed offers, paying well above asking price, and agreeing to buy homes “as is” without the usual safety nets. Today, that pressure has eased. Buyers have regained leverage, and the shift is changing how both sides approach the market. After years of sellers ...
Central Florida’s retirement communities are facing an unprecedented supply of homes, signaling a sharp change in how Americans approach retirement housing. Market data from Polk County shows that the long-standing snowbird model – where retirees maintain a primary residence up north and a winter home in Florida – is collapsing due to rising costs, resulting ...
