Grande Prairie, Alberta, is facing an unprecedented housing shortage that has upended the way homes are bought and sold. Active listings have collapsed from 410 single-family homes to just 61, according to Chris Cline, a leading Realtor at Grassroots Realty Group who has tracked the market for nearly 20 years. With a population of about ...
Fort Wayne city officials were given a bold promise by Swa, a global planning and landscape architecture firm: invest in top-tier public riverfront spaces, and private developers will respond with nearly $10 of private investment for every public dollar spent. Alec Johnson, Deputy Director of Redevelopment for the City of Fort Wayne, says that prediction ...
The Southwest Florida luxury market has spent the past three years doing something that might look like stagnation: sales volumes have returned to pre-pandemic levels, prices have stabilized, and homes are taking longer to sell. Compared to the frenzy of 2021, this market has lost momentum. But Mary Bartos, team leader at The Bartos Group ...
Colorado’s new tenant protection laws, enacted in spring and summer 2024, are driving many small landlords out of the rental market, says Christine Belin, a Denver-based real estate broker at Evernest. While these laws aim to protect renters, Belin argues they are forcing mom-and-pop landlords, those who own just one or a few properties, to ...
Demand for large, sprawling homes in the Hudson Valley is falling, and the decline extends beyond affordability. Instead, an apparent change in buyer preferences is driving investors and developers to rethink residential projects throughout the area. Susan Onderdonk, a real estate salesperson with Howard Hanna Rand Realty who has worked in the Greenwood Lake area ...
Florida’s single-family rental market is facing a breakdown in investment viability as insurance, property tax, and HOA fee increases have outpaced rental income growth, according to William Ward, founder of A-Ward Winning Realty. Ward says these rising costs have made it nearly impossible for investors to achieve positive cash flow, forcing many to abandon the ...
Existing homes around $800,000 are now at a structural pricing disadvantage in North Florida, and price reductions alone cannot bridge the gap created by a surge in new construction, according to John Richardson, Global Real Estate Advisor at ONE Sotheby’s International Realty. The rise of builder inventory is dividing the market, leaving many sellers of ...
Vacation rental deals in Gatlinburg are increasingly collapsing during the home inspection phase, according to Deanna Workman, a Realtor with Century 21 Legacy GP. But Workman says this trend reflects more than just routine inspection issues. Instead, it points to a pattern of investors underestimating actual property costs, then using inspection contingencies to back out ...
While short-term rental (STR) markets across much of the U.S. are cooling with falling occupancy rates and increased competition, Oklahoma is charting its own course. Driven by a mix of special events, infrastructure projects, and migration from higher-cost states, the state’s STR sector is producing opportunities for operators who understand its unique landscape. Libby Ross, ...
Denver’s residential investment market is undergoing a significant realignment as rising costs, new regulations, and tighter financing reshape how investors approach property acquisition. Christine Belin, a real estate broker and property management consultant with Evernest who has spent ten years working in Colorado’s investment sector, outlines how both institutional and individual investors are adjusting to ...
The move from corporate sales to real estate is not always straightforward, but for some professionals, the skills developed in the business world can provide a decisive advantage. Justin Nimergood, team leader at Nimergood Real Estate, transitioned from managing $150 million in sales at Cisco Systems to leading a high-performance real estate team in Dallas-Fort ...
National real estate coverage often focuses on interest rates, speculating about Federal Reserve moves, mortgage rates dipping below 6 percent, and how payment changes affect buyers. These questions fill headlines and shape industry sentiment. But this lens misses the mark in luxury coastal markets, where most buyers do not rely on financing at all. Mary ...
Conventional wisdom in real estate says buyers should wait for lower interest rates before making a purchase. But in the Hudson Valley and similar regional markets, this approach is leaving would-be buyers further behind each year. The real challenge is not just affordability, but a persistent lack of homes for sale caused by homeowners who ...
Vacation rental occupancy rates in Gatlinburg have plunged from peaks of 80 percent in 2021 to about 53 percent today, according to Deanna Workman, a REALTOR® with Century 21 Legacy GP who specializes in Smoky Mountains properties. Workman says the cause is not fewer tourists or new regulations, but a flood of new vacation rentals ...
Short-term rental (STR) investors are accumulating far more credit card debt than the average American, not because of poor money management but due to a structural mismatch between how properties generate income and how expenses are scheduled. According to Stefan St. Marie, Co-Founder and CTO of Revnest, this growing debt burden is a direct result ...
