The Dallas-Fort Worth housing market is sorting transactions along a single axis: pricing accuracy. Properties listed at market value are moving in under two weeks across a wide range of price points, according to Katherine Hubbard, broker at DFW 1% Listings LLC. Properties listed above market value, often by sellers still anchored to the conditions ...
The Austin housing market spent years as one of the hottest in the country. Now sellers accustomed to fielding dozens of offers are adjusting to a market where buyers have leverage and new construction is setting the terms. According to Laura Ivy Blessing, who leads the Blessed Life Group in Austin and has more than ...
North Carolina’s Research Triangle has ranked among the country’s top relocation destinations for decades, but growth pushing northward into Franklin County, now the second-fastest-growing of the state’s 100 counties, is reshaping the luxury housing market in this part of the state. The buyers arriving are not shopping for production homes in master-planned communities. They are ...
In a county where land for new construction is increasingly scarce, and supply sits below three months, it might seem like any well-maintained home would sell quickly. But in Orange County, California, a subtler sorting mechanism is separating homes that move in 30 days from those that sit for three months. The difference often comes ...
The Austin metro grew faster than any other major U.S. market from 2010 to 2022, according to Ahmad Homidi, a real estate agent with eXp Realty who focuses on new construction in the North Austin corridor. That pace has slowed, but the development pipeline in the northern and western suburbs has not shut off, and ...
Buildings that broke ground during the low-rate environment of 2020 to 2022 are completing at once. The resulting inventory surge is pressuring landlords who expected to hold pricing power. Philadelphia’s rental market is absorbing this wave of new apartment inventory. Developers set it in motion years ago, when they locked in favorable financing during the ...
In central Collin County, Texas, homes priced between $1.3 million and $1.6 million sold briskly during the 2020–2022 run-up. Now they linger on the market. The reason is not poor condition or weak marketing. The buyer who once dominated that price band has disappeared from both directions. When the Middle Disappears According to Sean Elliott, ...
Roughly one-third of residential inventory in Manhattan does not sell on its initial listing and instead cycles through multiple brokers, according to Nikolay Afanasyev, Founder and CEO of City Sphere Property Group, a boutique brokerage covering Manhattan and parts of Brooklyn. Afanasyev attributes the pattern primarily to sellers pricing properties above what the market will ...
Rents in Chicago’s multifamily market are rising faster than in any other major U.S. market, according to Lawrence Dunning, a broker with The Dunning Team at Fulton Grace Realty. Yet buyers and sellers cannot agree on what buildings are worth. Rising construction costs and higher borrowing expenses have created a valuation standoff. Transaction volume is ...
In a Chambersburg-area neighborhood where homes sell for $800,000 and above, one family bought a property for just over $400,000. The discount had nothing to do with location or structural problems. The home was missing a deck. That gap between purchase price and neighborhood ceiling illustrates a pattern Sally Chaplin, of The Chaplin Group, and ...
Washington, D.C. has two property markets operating under entirely different rules, sometimes within the same zip code. Upper northwest single-family homes are selling quickly while urban condos sit unsold for months, according to David Bediz, Founder and Team Leader of Bediz Group, LLC. The divergence has less to do with price than with who the ...
Homes in Philadelphia are taking longer to sell even though housing supply remains limited. The problem isn’t a supply glut. It’s a deepening mismatch between what buyers can afford and what sellers are asking. According to Alona Richardson, a Realtor at OCF Realty LLC, the disconnect is sharpest in the middle of the market, where ...
Investor-renovated homes near downtown San Antonio are sitting unsold for months. The problem isn’t poor renovations or bad pricing. Too many investors targeted the same neighborhoods at the same time. According to Janet Wingrove, team lead and co-founder of Empire Real Estate Team at Keller Williams Heritage, areas that once looked like strong gentrification opportunities ...
Houston’s median sales price ranges from $324,000 to $342,000. These figures suggest a stable, affordable market compared to Austin, Dallas, or coastal metros. But according to Pedro Iznaga, Senior Agent at Redfin Corporation, those numbers hide a more complicated picture. The market doesn’t behave as one entity. It behaves as dozens of distinct micro-markets, each ...
It is tempting, when a listing has sat for a few weeks with no offers, to assume the price is wrong. In many markets, that instinct is correct. But in military-dependent markets like Hampton Roads, Virginia, a stale late-summer listing may not be a pricing problem – it may be a calendar problem, according to ...
