Naples has officially shifted out of its pandemic-era frenzy. After two years of record pricing and homes selling within days, inventory has climbed, listings are sitting longer, and price reductions are becoming part of the conversation again. Sellers who once expected quick deals and multiple offers are now facing longer timelines and tougher negotiations, especially ...
Linda Fleischer of Coldwell Banker Realty says fear of unpredictable HOA increases is making Florida condos nearly unsellable to the demographic that should want them most. Florida’s condominium market is facing a crisis that goes beyond recent changes to reserve requirements and new mandates for special assessments. According to Linda Fleischer, a licensed real estate ...
The real estate market is facing a persistent inventory shortage, not because of strong buyer demand, but because homeowners who locked in low mortgage rates during the pandemic are unwilling to sell, according to Staten Island broker associate Kevin Borgersen. This supply constraint, he argues, is hindering transactions and reshaping how the market functions. Borgersen, ...
California has expanded its permanent supportive housing stock in recent years. Still, Brad West, Policy Specialist at the Supportive Housing Alliance, warns that the sector now faces a crisis most policymakers overlook: the lack of operating subsidies. While public discussion often focuses on construction financing and land, West says the real bottleneck is the ongoing ...
The multifamily acquisition market is splitting into two distinct channels with very different economics, according to one acquisitions executive who has closed over $300 million in transactions. While institutional capital typically targets properties marketed publicly through major brokerages, a growing group of operators is finding better pricing and deal structures by negotiating directly with owners ...
Raymond Fernandez, a relocation specialist with eXp Realty in Palm Beach County, has seen a striking trend: new construction now accounts for roughly 75% of his clients’ purchases, nearly eight times the estimated 10% market share of new builds in the county overall. This imbalance suggests that relocating buyers—especially those from outside Florida—are driving a ...
The new construction market in South Florida has split into sharply distinct segments, with pricing strategies diverging to the point that communities across the street are operating in entirely different markets. According to Raymond Fernandez, a relocation specialist at eXp Realty who focuses on new construction in Palm Beach County, builders’ approaches and incentives have ...
According to Linda Fleischer of Coldwell Banker Realty, insurance costs—not property values—now determine whether waterfront deals close in Tampa Bay The Tampa Bay residential market is undergoing a significant reset, driven not by property values or desirability, but by the rising monthly cost of flood insurance. Linda Fleischer, a licensed real estate agent with Coldwell ...
As Austin’s short-term rental (STR) market expands to roughly 13,000 active listings, one property manager is outperforming competitors by turning away most opportunities and focusing on quality over quantity. Austin’s STR inventory has nearly tripled since 2017, growing from around 4,500 to 13,000 properties. Lucas Piper, owner and founder of Five Star Vacation Home Rentals, ...
Swimming pools have shifted from a minor home upgrade to a central factor that divides suburban housing markets, according to a veteran broker who says the pandemic caused one of the most significant changes in residential real estate valuation in recent memory. Matt Mobley, broker and owner of Hancock Realty Group in Clermont, Florida, says ...
The residential real estate market is stuck in a prolonged period of imbalance, as the gap between rental and ownership costs prevents the usual price correction, according to Matt Mobley, broker and owner of Hancock Realty Group in Clermont, Florida. Mobley argues that this disconnect is keeping home values from adjusting downward at the pace ...
Florida’s post-Surfside condominium safety reforms were intended to prevent another deadly building collapse. But according to Chad Cummings, a managing attorney at Cummings & Cummings Law, specializing in real estate law, the new inspection and reserve requirements have created an affordability crisis for elderly and retired residents on fixed incomes. “If your HOA dues were ...
While Sarasota’s lifestyle amenities and steady in-migration from other states continue to attract attention, one local real estate professional points to a less-discussed factor contributing to the area’s declining sales volume: the disappearance of Canadian buyers. Reeny Kaney, a top 3% producing realtor with RE/MAX Alliance Group in Sarasota, attributes the market’s slowdown to three ...
“New York hasn’t become particularly affordable now that we’ve essentially outlawed short-term rentals,” according to Bram Gallagher, Director of Economics & Forecasting at AirDNA, highlighting the disconnect between regulatory intent and actual outcomes. He contends that the focus on short-term rentals offers a quick fix for politicians but sidesteps the more difficult work of addressing ...
A year ago, Naples condos moved quickly, with buyers snapping up units amid steady demand and relatively predictable monthly costs. That dynamic has now reversed. While single-family home prices in Naples have risen 3.2% over the past year, median condo values have fallen 8%, as buyers grow more cautious and listings linger longer on the ...
