A studio apartment in downtown Akron currently rents for about $1,000 per month. For a two-bedroom unit, expect to pay between $1,200 and $2,000, depending on the building and the quality of finishes. Compared to Cleveland, these prices are relatively low – downtown Akron rents are less than half of what you would pay in ...
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As real estate prices in established Midwest markets climb beyond the reach of many adaptive reuse projects, developers are reconsidering where to invest. According to one industry executive, secondary markets are positioned to benefit from an apparent economic reality: the cost of acquiring and converting buildings in legacy cities remains dramatically lower than in their ...
Downtown Akron is in the midst of a development surge, with 700 to 800 residential units in various stages of planning and construction across six major projects. City leaders are aiming to add 1,200 new downtown housing units by 2030, a target that, if met, would significantly reshape the urban core. Christopher Hardesty, Executive Director ...
Investors who purchased Cleveland apartment buildings in 2021 or 2022 with 3% mortgages and top-of-market pricing now face a sale price gap they cannot close. Mortgage rates sit in the six-and-a-half-percent range, which means buyers today need higher cap rates to make the numbers work, and higher cap rates mean lower prices. Owners who stretched ...
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The youth sports tourism industry has grown large enough to anchor entire mixed-use developments, not just stadiums or standalone facilities, but full districts of hotels, retail, restaurants, and multifamily housing built around tournament-capable venues. In Lebanon, Ohio, a development group is betting that a field sports facility focused on soccer and lacrosse can serve as ...
In Cleveland’s multifamily investment market, the frenzied pace of 2021 and 2022 has given way to something more measured. Properties that once drew multiple offers within days of listing are now sitting longer. Sellers who acquired buildings during the low-rate era are discovering that what they paid and what the market will bear today are ...
Mention Cleveland to most real estate investors and the reaction is predictable: affordable, stable, and unremarkable. That perception is increasingly out of step with what is actually happening on the ground. Inventory is tight, multiple-offer situations are common, and sellers who prepare their homes correctly are routinely exceeding asking prices by significant margins. For those ...
While national headlines focus on affordability challenges and rate-locked sellers, Cincinnati is telling a different story. For agents working the market daily, the city offers a combination of low entry prices, strong rental yields, and a buyer base that is moving up the economic ladder rather than being priced out of it. Flor de Maria ...
Skyrocketing insurance premiums in Florida are wiping out cash flow on rental properties that would otherwise be sound investments. John Bastidas, President and Founder of DSCR Investor Loanz, says the insurance crisis has changed the investment landscape in one of the country’s busiest real estate markets. For many investors, the numbers no longer work. They ...
The debt service coverage ratio (DSCR) lending market is expanding rapidly as investors seek alternatives to traditional real estate financing. Experienced investors and newcomers alike are turning to loans based on a property’s rental cash flow rather than personal income, reshaping how investors structure and execute residential real estate deals across the country. John Bastidas, ...
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Spokane’s residential market has settled into a pattern that rewards discipline and punishes nostalgia. Sellers who list based on what they remember from a few years ago – when homes drew multiple offers within days – are finding that the market has moved on without them, according to Kim Hagel-Barkley of The Barkley Group in ...
The gap between Houston’s residential market and its coastal neighbor shows what happens when short-term rental speculation meets a correction. Harris County, Texas, currently has roughly six months of housing inventory – enough to classify it as a balanced-to-soft market where sellers need to price carefully and present homes in strong condition. But the sharper ...
The U.S. rental market built aggressively during the pandemic era, particularly in Sunbelt cities like Nashville, Austin, and Dallas. Now much of that new inventory, especially high-end apartments, is sitting partially empty, competing for renters whose budgets have tightened considerably since construction began. The disconnect is straightforward: developers built expensive Class A apartments in markets ...
In most American markets, holding a property for ten or twelve years builds a cushion of equity. In Manhattan, that assumption no longer holds across large segments of the market, according to Nikolay Afanasyev, Founder & CEO of CITY SPHERE Property Group, a boutique brokerage covering Manhattan and parts of Brooklyn. Rising building carrying costs, ...
For buyers waiting on the largest purchase of their lives, the appraisal process is one of the last black boxes in a home purchase. Turnaround time isn’t a single number; it’s the sum of scheduling, inspection, report production, quality review, and any revision cycles that follow, and thin appraiser panels and uncontrolled revision cycles are ...
The company has already published over 5,000 articles in collaboration with over 1,800 market experts across all 50 states, powered by a tech-forward approach to research and reporting. MIAMI, FL – July 28, 2026: KeyCrew Media, the expert-sourced real estate news network, today unveiled KeyCrew Local, a network of local real estate news sites and ...
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