In Colorado’s foothills real estate markets, buyers are increasingly using the inspection contingency to mask hesitation rather than address real property defects. The inspection contingency is the contract clause that lets buyers back out of a purchase based on a home inspection. Jillian Petrash of Jump Living, a boutique brokerage serving Evergreen and the broader ...
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In most real estate markets, transaction volume tracks interest rates, job growth, and inventory. In Evergreen, Colorado – a mountain community roughly 30 minutes west of Denver, sitting between 7,500 and 8,500 feet in elevation – the pattern is different. Most buyers and sellers are acting on personal circumstances, not market timing, according to Jillian ...
The 2-1 buydown was supposed to be a bridge. Buyers who locked in mortgages two to three years ago at rates near 7% used the program to ease into ownership, paying two percentage points less in year one, one point less in year two, and the full rate in year three. The implicit bet was ...
A condo has long been the natural first step for budget-conscious buyers. It is usually cheaper than a detached home, requires less maintenance, and sits closer to urban job centers. But in Boulder, Colorado, and across the Denver metro area, many first-time buyers are skipping condos and choosing single-family homes instead. The reasons go beyond ...
Buyers entering the Boulder, Colorado real estate market expecting a relaxed pace are getting a different experience. Despite national headlines about sluggish activity, well-priced listings in the Front Range market are generating enough competition that some first-time buyers cycle through multiple contracts before securing a property, not because they are being outbid every time, but ...
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Few housing markets have topped national competitiveness rankings as reliably as Rochester, New York, where listings are so scarce that each one draws a crowd. Jason Mancuso, a team leader with the Anthony Butera Team at Keller Williams Realty Greater Rochester, says those rankings match what his agents have lived for years. Lately, though, something ...
Across South Florida, condominium supply has been building since the state tightened safety rules after the 2021 building collapse in Surfside. In Broward County, that surplus has not tipped into crisis, but it has changed how transactions play out. Buyers have more units to choose from, and they have responded by refusing to overpay. “I ...
Across much of the Mid-Atlantic, the balance of power in housing has tipped toward buyers this fall. Mortgage rates have climbed over the past year, raising monthly payments and shrinking what many buyers can borrow. Fewer buyers can stretch their budgets, and those who can are negotiating harder. “We’ve seen the market turn very quickly ...
In most housing markets, price softening spreads more or less evenly across segments. In Collier County, Florida – home to Naples and ranked among the top three U.S. metro areas for its share of millionaire households – the market has split into two distinct tiers. Homes priced at a million dollars and above are still ...
Most relocation stories begin with a job offer. In Dallas, some begin with a college acceptance letter. Across the U.S., the reasons people move are changing as the people moving get older. Repeat buyers, those trading one home for another, are now older than at any point since the National Association of Realtors began its ...
For much of the past five years, apartment owners could count on rent growth to absorb rising expenses. That math no longer holds. Rent increases have slowed, insurance and utility costs have kept climbing, and the difference is coming straight out of net operating income. Bill Douglas, CEO of OpticWise and co-author of Peak Property ...
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