Residential transactions in Bergen County, New Jersey are being limited by a long-term shortage of homes for sale, not by interest rates, according to local agents who say national housing coverage overlooks the primary issue in the area. Inventory Shortage Reflects Long-Term Structural Shift National real estate coverage often attributes slower home sales to higher ...
In Bergen County, buyers who delay homeownership while waiting for lower interest rates or more inventory may miss out on approximately 9% annual home price appreciation. According to Cathy Banu, team leader of the Cathy Banu Real Estate Team at Keller Williams Village Square Realty, the financial and emotional costs of waiting often outweigh the ...
Investors targeting northern New Jersey should focus on small multifamily residential properties in commuter rail towns, according to Cathy Banu, team leader of the Cathy Banu Real Estate Team at Keller Williams Village Square Realty. Banu warns that office buildings and short-term rental models in Bergen County present significant risks and are unlikely to deliver ...
Broad statements about Queens real estate often overlook how individual neighborhoods respond differently to rising interest rates and economic pressure. According to Stella Shalamova, sales representative at EXIT Realty First Choice, some Queens neighborhoods saw only minor price declines during the 2008 market collapse, while others are experiencing larger corrections in the current cycle. This ...
The American housing affordability crisis has changed dramatically over the past thirty years, now affecting a far wider range of households than ever before. Once considered a problem limited to low-income residents in major cities, the crisis now affects middle-class families with six-figure incomes in regions across the country. Rising costs, stagnant wages, and supply ...
The North Alabama real estate market has moved past the volatility of the pandemic years and is settling into a more stable, sustainable rhythm. While the days of weekend sales and bidding wars are over, the region continues to benefit from job growth and steady relocation activity, keeping foundational demand strong. Nina Soden, team leader ...
Richmond, Virginia’s real estate market has changed dramatically over the past century, moving from post-Civil War construction to today’s technology-driven industry. At the center of this evolution is John Finn Jr. of United Real Estate Richmond, whose family’s involvement in property and construction spans five generations. Finn’s experience offers a detailed view of how the ...
Strategic underpricing is now the norm in Long Island’s real estate market, turning the asking price into a marketing device rather than a true indicator of what sellers expect to receive. This approach has created confusion, particularly for first-time buyers who rely on outdated advice. Jeffrey Memisha, a licensed sales associate at Realty Advisors Inc., ...
Minneapolis eliminated single-family zoning citywide, allowing duplexes and triplexes in neighborhoods previously limited to detached homes. This change led to more construction and kept rents stable or falling, according to Marc Norman, Associate Dean at NYU School of Professional Studies Schack Institute of Real Estate. The city achieved this without affordability mandates, suggesting that zoning ...
The outdoor living design industry is moving beyond basic deck construction, led by professionals who recognize that homeowners now want more than visual upgrades; they want spaces that relieve daily stress. Paul Lafrance, founder of Paul Lafrance Design and former host of HGTV’s “Decked Out,” is at the forefront of this trend, reframing outdoor spaces ...
Florida’s luxury residential development market is undergoing rapid change as artificial intelligence (AI) alters how buyers search for, evaluate, and select properties. This shift comes as the market moves past the pandemic-driven buying surge into a more stable, measured pace, forcing developers and marketers to adapt quickly or risk losing ground. Laurie Andrews, President of ...
The Canadian housing market is not a single, unified system — it is a collection of distinct local markets shaped by varying supply and demand, policy decisions, and migration patterns. Yet national coverage often treats Toronto, Vancouver, Calgary, and Edmonton as if they respond to the same forces. This approach overlooks a key trend evident ...
Florida’s real estate market is undergoing a period of adjustment, with international buyers stepping in as domestic investors pull back. The state’s enduring appeal, combined with new technology and changing buyer priorities, is reshaping how properties are bought, sold, and managed in 2024. A Market Defined by Adaptation No one has witnessed Florida’s real estate ...
Southwest Florida’s luxury real estate market is holding steady as it moves into 2026, with local professionals reporting stable conditions even as high-end markets in other parts of the country face greater uncertainty. Marco Island, a key luxury destination in the region, illustrates this resilience. Sales volumes have returned to pre-pandemic levels, with 813 homes ...
The Hudson Valley real estate market remains highly competitive, bucking the national trend of cooling sales and rising inventory. Cash buyers remain a dominant force, and many properties continue to sell above asking price, even as other parts of the country see slower activity. While national headlines often focus on interest rate changes as the ...
