The Monterey Peninsula, known for its dramatic coastline and high-profile residents, has become a prime example of California’s housing affordability crisis. Million-dollar starter homes are now standard, and even seasoned professionals are questioning how long the current market can last. Bryan Hermanson has seen the region’s real estate landscape change over decades. As a dual-licensed ...
South Carolina’s land market is facing a severe inventory shortage, exposing the limits of a system that once relied heavily on off-market transactions. Nicholas Ardis, a land professional with National Land Realty who has specialized in acreage sales for a decade, has seen his active listings drop from 40–50 properties during the pandemic to just ...
Over the past forty years, the Richmond real estate market has seen major changes in how buyers approach historic homes and luxury properties. Christopher Small, broker and owner of Park27, has observed these shifts firsthand since starting his career at age 18 in 1982. Small’s entry into real estate was shaped by family experience and ...
Santa Fe’s commercial real estate market stands apart from larger southwestern cities, shaped by steady tourism, government employment, and a fragmented market structure. While broader economic uncertainty and shifting investor sentiment have slowed some markets, Santa Fe’s fundamentals remain stable, offering a clear example of how smaller cities weather economic headwinds and maintain long-term value. ...
Buffalo, New York, is seeing a surge of out-of-state buyers, particularly from high-cost areas like New York and New Jersey. Enas Latif, Team Leader and Licensed Associate Real Estate Broker at HUNT Real Estate ERA, says the influx reflects a broader shift: Americans are prioritizing affordability, quality of life, and proximity to family over job ...
National headlines often miss the sharp neighborhood-level differences that shape Bay Area real estate. Adjacent communities can exhibit dramatically different pricing and demand patterns simultaneously. The Bay Area real estate market behaves differently from most of the country, but many buyers and sellers rely on national data to gauge local trends. This reliance on broad ...
Central Florida’s luxury real estate market has remained stable over the past year, even as rising interest rates and global uncertainty have slowed activity in lower price brackets. According to Bent Danholm, broker and co-owner of Danholm Collection, properties priced at $1.5 million and above, with an average sale price near $2 million, have seen ...
While national real estate commentary often centers on interest rates and affordability, Sheila Smith, Team Lead at RE/MAX Capital City, is watching different signals in Boise, Idaho: the pace of default notices and the number of homeowners nearing or crossing the 20% negative equity threshold. Smith reports a recent surge in default filings, which have ...
In Boise, Idaho, builder pricing and incentives are forcing resale homeowners to compete directly with new construction. Boise, Idaho’s new construction market, presents a scenario that Sheila Smith, Team Lead at RE/MAX Capital City, says she has not seen in her 20-year career: builders are matching or undercutting resale prices while offering incentives such as ...
Recent changes to vacation rental regulations in Sonoma County, California, have erased significant property value in certain neighborhoods. Some sellers are losing 10 to 15 percent of their home’s value when new buyers can no longer operate the property as a short-term rental. The impact is especially pronounced in the Russian River area, according to ...
Ongoing confusion over short-term rental rights has triggered a steep drop in values for Maui, Hawaii’s apartment-zoned vacation condos, leaving buyers and sellers unable to gauge risk or set prices. Legal battles, shifting county policy, and unresolved exemption proposals have frozen market activity and forced a sharp correction in a sector once seen as a ...
Ask most people to picture the Jersey Shore and they conjure a single image – sand, saltwater, maybe a boardwalk. What they don’t picture is the dozen-plus distinct small towns that line that coastline, each with its own character, price point, and way of life. For buyers who haven’t spent time in the area, that ...
For decades, television advertising functioned as a mass-market channel reserved primarily for large brands. High production costs, complex media buying, and steep minimum spend requirements kept independent professionals, including real estate agents, largely out of the medium. That structural barrier is now eroding. As viewing shifts toward connected TV, ad inventory has expanded while automated ...
There is a word you do not hear often enough in luxury real estate: value. The word tends to get left behind somewhere above the $3 million mark, as though properties priced in the mid-to-high single digits exist in a category where price and worth simply stop being related. Bill Melnick of Elyse Harney Real ...
