Rising inventory usually signals a cooling market. In the Minneapolis–St. Paul metro, it signals something else: more people choosing to move at the same time. The Twin Cities are carrying their highest housing inventory since 2018 or 2019, yet transaction volume has risen in step – producing a busy market with more options rather than ...
The short-term rental boom that swept through New York’s Hudson Valley during the pandemic years has given way to a less forgiving environment. Regulations are tightening across municipalities, operational costs have risen, and supply has flooded the market as second-home owners listed their properties on rental platforms simultaneously. STR investors are pulling back, and a ...
The starter home in South Jersey used to cost around $250,000. That number has shifted upward by roughly $100,000 to $150,000 depending on the county, pushing the introductory price into the $350,000 to $400,000 range, according to Maria Robles, a Realtor Associate Broker with Real Broker, LLC, who has worked the South Jersey market for ...
For years, real estate observers in the Philadelphia metro region described South Jersey as undervalued – a suburban stretch with beach access and lower taxes that hadn’t caught up to its northern counterpart. That description is outdated, according to Shelby Morgan, Broker/Owner of Morgan Capital Real Estate in Marlton, New Jersey. Prices in parts of ...
Two years ago in the Buffalo metro, getting a home often meant going over the asking price. Buyers approved for $350,000 would bid $360,000 and figure out the difference later. That era is over. According to Lawrence Blaber, a Realtor with WNY Metro Roberts Realty who works with both homeowners and investors across the Buffalo ...
For more than two years, market watchers in the greater Houston area have been bracing for a surge of foreclosures. The logic seemed sound: pandemic-era moratoriums expired, interest rates jumped, and homeowners who stretched too thin would inevitably fall behind. But the wave hasn’t arrived – at least not in the form anyone predicted. What’s ...
Buyers relocating to South Jersey from New York or North Jersey often arrive expecting a bargain. Home prices are lower, lots are bigger, and commute access to Philadelphia remains strong. But the sticker price is only half the equation, and property taxes blindside people who haven’t done their homework, according to Maria Robles, a Realtor ...
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 ...
Home prices in the Dallas-Fort Worth metro are declining, but the cost of building anything continues to climb. That disconnect, cheaper finished homes, more expensive inputs, is compressing builder profits and creating budget surprises for owners who haven’t priced a project recently, according to Vamsi Emani, Chief Cost Estimator at Aguirre Project Resources (APR) in ...
Ocean City, New Jersey, is a barrier island in Cape May County where generations of families have vacationed, rented, and eventually bought property. The town bills itself as “America’s Greatest Family Resort,” and its dry-town status and family-friendly character have created a buyer pool that renews itself decade after decade, largely from the Philadelphia metro, ...
National stories about softening prices in Florida, Arizona, and parts of Texas suggest buyers everywhere hold the cards. In the Minneapolis-St. Paul metro, that assumption is costing buyers deals. Minnesota does not move like those headline-grabbing markets, says Bryan Vant Hof, a Realtor with RE/MAX Advantage Plus and The Minnesota Real Estate Team. Vant Hof ...
Daily JetBlue service from Vero Beach to Boston and New York ends in December. That loss would normally signal trouble for a small Florida luxury market built on Northeast transplants. Instead, barrier island sales are up nearly 28 percent year over year, according to Ben Bryk, co-founding principal of Vero Premier Properties, the Signature Division ...
For much of 2023 and 2024, Texas multifamily operators were fighting a war of attrition; new supply flooded Sun Belt markets, concessions became standard practice, and occupancy rates slipped across the board. Now, as that supply wave recedes and short-term loans originated in 2021 and 2022 reach maturity, a different dynamic is emerging: lender-owned assets ...
Nightly rate compression is no longer a temporary correction in the short-term rental market; it’s a structural condition. Competition has intensified, supply has caught up with demand in many markets, and pricing tools alone cannot restore the margins operators enjoyed four or five years ago. The operators pulling ahead now aren’t necessarily the ones with ...
Bergen County has long been one of northern New Jersey’s most competitive residential markets; good schools, proximity to Manhattan, and distinct town-by-town character keep demand high. But affordability constraints and persistently tight inventory are now pushing a growing share of would-be Bergen buyers into Passaic, Essex, Morris, and Union counties, according to Heather Corrigan, a ...
