The typical first-time homebuyer in America is now 40 years old, according to data from the National Association of Realtors cited by Sam Ratner, a Connecticut-based broker and team leader at CTproperties with Keller Williams Realty. Ratner notes that most of these buyers are women, a shift he attributes to a widespread lack of education ...
Manhattan’s residential inventory has fallen to its lowest point since early 2016, setting the city apart from national trends and potentially positioning it for price appreciation while much of the country faces a correction, according to Jared Antin, Executive Director at Brown Harris Stevens. “If you look at the supply dynamic, you have to go ...
Connecticut’s real estate market spans a wide range – from Bridgeport’s affordable neighborhoods to the high-end estates along Greenwich’s Gold Coast. Yet, as Ruth Fiske-Ratner and Sam Ratner, top-producing brokers at CTproperties with Keller Williams Realty, point out, the most successful transactions across all price points share one essential element: a strategic pricing approach, not ...
New England’s real estate market is showing resilience as 2026 begins, even as high interest rates continue to challenge buyers and sellers. Agents across the region are adapting to a landscape that remains fundamentally different from the pandemic-era boom, advising clients to make decisions based on current conditions rather than waiting for rates to return ...
The high cost of housing in New York City continues to push buyers into the suburbs, redrawing the real estate map north of the city and creating new opportunities for agents who closely track migration trends. Rummy Dhanoa, who leads a 150-agent team at eXp Realty and has spent two decades in the region, has ...
Private wealth management divisions at major banks are creating alternative financing channels for Manhattan’s luxury buyers — transactions that rarely appear in conventional lending data, according to industry veteran Steven Cohen, team leader of The Steven Cohen Team. Manhattan’s luxury real estate market is undergoing a marked change in how transactions are financed, says Steven ...
Rising interest rates have dramatically changed how affluent buyers approach real estate in secondary markets, according to William Melnick, associate agent at Elyse Harney Real Estate in Litchfield County, Connecticut. A once-common financing strategy — using cash offers to secure a property, then refinancing to lock in low-cost debt — has vanished, upending both deal ...
Manhattan’s residential real estate market has long moved in predictable cycles, with busy spring seasons and slower holidays. This year, however, Ann Ferguson, principal broker and founder of Ann Ferguson, LLC, observed an unexpected spike in activity in November, typically a slowdown. “For some weird reason in November the market picked up, and that is ...
After years of lagging behind condos, Manhattan co-ops are seeing renewed buyer interest as declining mortgage rates near 6 percent make board-approved properties affordable again. This reversal comes after a long stretch in which stricter approval processes and stringent financial requirements pushed many buyers toward condos. Ann Ferguson, principal broker and founder of Ann Ferguson, ...
Central Jersey’s residential real estate market is moving away from the extreme seller’s advantage that defined the past several years. This shift is creating new options for buyers who had been sidelined by intense competition and high prices. While headline statistics still point to a strong market, changes in inspection negotiations, buyer composition, and investor ...
Rent-to-own arrangements have a mixed reputation in real estate, and Tamera Nielsen, CEO of Burson Home Advisors, says that skepticism is warranted. “Most rent-to-own programs were scammy,” Nielsen says. But she argues that dismissing all alternative ownership models overlooks a key difference between informal landlord deals and professionally managed programs. Nielsen cites a recent case ...
Outdated lending rules are sidelining Miami condo buyers, as federal standards treat building improvements as “deferred maintenance,” forcing many to put down 25% even in buildings that have passed all required inspections. Miami’s condo market is experiencing a financing logjam unrelated to structural safety or reserve funding. Instead, the problem stems from how Fannie Mae’s ...
Jackson Hole’s real estate market operates on a different set of rules than almost any other in the country. With 97% of Teton County owned by federal, state, or local entities and most of the remaining 3% either developed or protected by conservation easements, opportunities for new construction are nearly nonexistent. This extreme scarcity, combined ...
Connecticut’s shoreline communities are experiencing a surge in demand that contrasts with the cooling trends seen in many parts of the country. Driven by buyers prioritizing long-term wealth and exclusive access to waterfront amenities, the market remains firm for properties under $800,000, even as other regions slow. Nicholas Tarquino, a realtor with Carbutti & Co., ...
The North Jersey real estate market has entered a new phase, as higher interest rates and increased inventory are reshaping the dynamics between buyers and sellers. After nearly a decade of steady price appreciation and rapid sales, buyers now hold more negotiating power than they have in years. Agents, investors, and homeowners are adjusting to ...
