Banks re-entered the construction lending market in 2025 with compressed spreads and competitive terms. Still, developers report that a shortage of available equity, not debt, remains the main obstacle to new construction starts. Despite easier access to financing, capital remains tied up in existing projects that have not yet been sold or refinanced, preventing investors ...
The pandemic triggered a sharp divide in San Francisco’s housing market: single-family homes gained value while condos lost ground, according to Tim Gullicksen, Team Lead at Gullicksen Group, Corcoran Icon Properties. The divide persisted through 2025 and only began to reverse in early 2026, revealing a lasting shift in what buyers prioritize in urban housing. ...
Rising construction costs are forcing affordable housing developers in Florida to pause or abandon projects that were financially viable just 18 months ago. Miles Alexander III, Founder and Managing Partner at Alexander Goshen, says higher material prices, persistent labor shortages, and elevated interest rates are making it difficult to bring new affordable units to market. ...
Workforce housing developers continue to face strong resistance from existing residents who often misunderstand what modern affordable housing projects actually provide, according to Miles Alexander III, Founder and Managing Partner at Alexander Goshen. The firm, which develops mixed-use and multifamily projects across Florida, Texas, and Georgia, reports that community opposition remains one of the most ...
Real estate agents who avoid tough pricing conversations with sellers are creating problems that extend well beyond a single failed deal, according to Nicholas Christopher, Team Leader at Christopher Property Group. In New Jersey, sellers who do not understand current market conditions often chase falling prices with repeated reductions, spend unnecessarily on marketing, and ultimately ...
National media outlets frequently report on real estate trends using broad statistics that have little bearing on specific local markets. The gap between what consumers see on cable news and the realities in their neighborhoods is creating confusion, according to Nicholas Christopher, Team Leader at Christopher Property Group. Christopher says buyers and sellers in South ...
In Northern New Jersey, tighter bank lending standards have steered developers away from speculative single-family homes and toward projects with reliable rental income. According to Robert Abbott, President and Broker of Record at Berkshire Hathaway HomeServices Abbott Realtors, banks in Bergen and Rockland counties are now reluctant to finance projects without a built-in rental income ...
Real estate listings have become sharper and more responsive, with better photos, clearer descriptions, and faster replies. But the impact of AI in real estate goes far beyond surface improvements. Behind the scenes, AI is altering who can participate in major development projects, how quickly deals close, and even which types of properties reach the ...
Just a year ago, buyers in Southwest Florida who offered below the asking price risked being ignored. Today, starting negotiations well under list price is not only accepted but often effective. Mary Bartos, team leader of The Bartos Group at Premiere Plus Realty, recently helped a buyer secure a home after starting negotiations $350,000 below ...
Just a year ago, first-time buyers in North Florida faced a punishing market. Bidding wars, waived inspections, and offers above asking price were common, shutting out many who hoped to buy their first home. At the same time, luxury properties sold quickly, often to cash buyers or investors who could close in days. Now, the ...
Walk into a Miami real estate office in 2024, and you’ll hear a surprising reality: $7 million homes are selling within days, but $600,000 condos can sit on the market for months. Despite high mortgage rates, Florida’s high-end segment is moving rapidly, while mid-tier properties face a slowdown. If you’re not clear on which market ...
Tim Kriebel doesn’t just see houses when he looks at new developments — he sees whether people will need to drive every time they want a gallon of milk. For him, that’s the key problem with most suburban development: it forces residents into their cars for nearly every daily need. Kriebel is the mayor of ...
After a period of caution in 2023 and early 2024, banks are returning to construction lending, opening new opportunities for technology platforms that address the sector’s complex documentation and collaboration needs. The renewed activity is prompting both lenders and developers to reconsider how technology can close the gaps where information breaks down, funding stalls, and ...
The Chicago residential market is changing, shaped by evolving buyer expectations, rising rents, and shifting neighborhood appeal. For Kirk Hudson, a broker associate with Baird & Warner, real estate remains rooted in people and relationships — not just closing deals. Hudson’s route to real estate was unconventional. While managing a Starbucks, a friend who was ...
