A national private lender is deliberately avoiding major urban markets, citing regulatory and political conditions that make lending more challenging. H. Jack Miller, President and CEO of Gelt Financial, says the firm now focuses on suburban and smaller urban markets where local laws and regulations are less burdensome. “The big cities are very anti-lender,” Miller ...
Toronto’s luxury real estate market is at a turning point, shaped by government policies, global economic volatility, and changing attitudes among wealthy buyers. After nearly two decades of rapid appreciation, the market is now experiencing what some industry observers call a necessary correction. Andy Taylor, founding member of Sotheby’s International Realty Canada, has spent 23 ...
Some technology providers are abandoning monthly licensing fees in favor of transaction-based revenue sharing, aligning incentives with brokers frustrated by paying for tools and leads that do not guarantee closed deals. How the Current Model Falls Short Real estate and mortgage brokerages have long paid for technology in two primary ways: monthly software-as-a-service fees for ...
Major technology companies are requiring employees to relocate back to expensive urban centers, reversing the pandemic-era migration to more affordable states. Scott Ferree, Senior Vice President of Sales and Marketing at MiniMoves, reports that workers are leaving states like Florida and returning to high-cost tech hubs such as San Francisco, Seattle, and Los Angeles as ...
The residential real estate industry is consolidating transaction activity among a shrinking share of agents, while most licensees have no active business. Ricky Carruth, Chief Housing Analyst at RLTYco and a former top-producing agent, says this change has become both dramatic and rapid. Ten years ago, 82 percent of agents managed at least two active ...
Ultra-luxury branded developments in South Florida are selling faster than unbranded boutique projects, according to agents working in the region’s condo market. This divide has become clear enough that developers without major hospitality brands attached to their buildings are facing slower sales and increased buyer hesitation, even when offering exclusivity, limited unit counts, and desirable ...
Hawaii’s commercial real estate market is changing rapidly due to evolving consumer behaviors, work patterns, and generational preferences. Some trends mirror those on the mainland, but Hawaii’s unique geography, demographics, and investment patterns produce distinct results. After years of steady demand from international and mainland investors, the pandemic accelerated shifts that are now reshaping the ...
The Des Moines, Iowa, real estate market stands out for its steady performance. It offers a clear example of how Midwest cities can remain stable even as national housing trends become volatile. Transaction volumes have returned to levels last seen in 1997, and appreciation has held steady. Des Moines avoids the dramatic price swings and ...
Leaving the city does not mean leaving city prices behind. In the counties and communities within commuting distance of Manhattan, including Westchester to the north and Hudson County and surrounding New Jersey suburbs to the west, proximity to the city and access to established school districts keep prices consistently high. Buyers expecting relief from Manhattan ...
Three years ago, Sacramento’s first-time buyers were fighting for any listing they could find, waiving inspections and bidding over asking just to secure a home. Now, many are bypassing the resale market entirely and heading straight to new construction communities — where they’re finding better deals, lower interest rates, and no competition from other buyers. ...
Last spring in Linwood, New Jersey, homes priced under $650,000 sold almost immediately, often with multiple offers and little time on the market. Just blocks away, properties listed between $700,000 and $900,000 lingered for months. Despite their similar size and location, these homes faced dramatically different markets. This pattern isn’t limited to Linwood. Across South ...
After months of steady activity, Long Island’s real estate market has moved decisively in favor of sellers. Listings are moving quickly, bidding is competitive, and inventory remains tight across Nassau and Suffolk counties. For homeowners who have been waiting to sell, this is the strongest market in years. Across Long Island, homes are attracting multiple ...
Five years ago, South Orange County buyers focused on square footage and school ratings above all else. While those factors still matter, the top priorities have changed. Today, buyers arrive at showings with a new checklist, and CaLee McManus — founder of Monarch Real Estate and a local agent for over 15 years — says ...
A three-bedroom rental property in Hopkinsville, Kentucky, is ready to close. The investor has cash in hand, the seller has agreed to terms, but the deal collapses when the appraisal comes in $40,000 below the contract price. The sale is dead. This scenario is increasingly common on the Kentucky side of the Tennessee-Kentucky border, where ...
After months of rapid sales in Monmouth County, New Jersey, sellers are finally seeing what they have been waiting for: multiple offers and homes selling above asking price. For anyone considering listing a home near the Jersey Shore, current market conditions are especially favorable. Local real estate offices in Spring Lake and nearby shore towns ...
