Jeff Barton, Managing Director of Punta Pacifica Realty, says new pre-construction developments in Panama are priced between $3,500 and $5,000 per square meter, about 40% higher than resale units built between 2010 and 2020. Despite this steep premium, buyers are increasingly choosing new construction, motivated by factors that go well beyond traditional price-per-square-meter calculations. “New ...
The restoration of 100% bonus depreciation through 2029 has triggered a surge of out-of-state investors buying Florida short-term rentals without visiting them. This trend is changing buyer profiles and motivations in Gulf Coast markets. The Invisible Buyer Wave Florida’s short-term rental market is attracting investors who buy properties without visiting them. These buyers are motivated ...
Despite predictions that AI and online platforms would make real estate agents obsolete, Manhattan buyers still rely on human expertise to close deals, even when paying all cash. The rise of real estate technology has made some believe agents are losing relevance. Buyers begin their searches with AI tools or online platforms, and venture capital ...
AI-powered search is rapidly changing how buyers discover real estate agents and properties. This shift is creating new winners and losers, but many brokers haven’t noticed yet. Rummy Dhanoa, Team Leader and Principal Broker at eXp Realty, says most agents are still relying on outdated digital strategies while a small group is already adapting to ...
Connecticut’s shoreline properties follow a different economic logic than the rest of the state’s residential market. Most homes are bought and sold based on price trends and market cycles. Waterfront properties, however, are increasingly purchased with the intention of being held for generations. This long-term view is fueling persistent price premiums that traditional market models ...
Long Island’s residential market is experiencing a housing shortage that stems less from a lack of available properties and more from the impact of mortgage rates, according to a local real estate professional who works directly with buyers and sellers. Jeffrey Memisha, a licensed sales associate at Realty Advisors Inc., says the central issue is ...
The surge of New York City buyers moving to Central Jersey during the pandemic was real but brief, according to Jose Sanchez, Team Leader at The LINK Real Estate Group. At the peak of COVID-19, 60% to 75% of his firm’s buyers were relocating from New York City. Today, that figure has settled to between ...
Central Jersey’s residential market is experiencing a new friction point that headline statistics fail to capture: inspection negotiations have become the top reason real estate transactions fall apart, according to Jose Sanchez, Team Leader at The LINK Real Estate Group. “We’re seeing some difficulties with transactions, especially regarding inspections,” Sanchez says. While sellers often assume ...
Drive through Greenville, South Carolina, and you’ll see cranes, new storefronts, and neighborhoods that didn’t exist five years ago. But if you want to buy land in the city itself, options are nearly gone. Greenville has run out of developable land, and that scarcity is pushing builders, investors, and homebuyers into surrounding areas at a ...
South Carolina’s Upstate has become one of the Southeast’s fastest-growing regions, fueled by population inflows, job creation, and expanding manufacturing investment. Yet despite this growth, large tracts of land purchased by builders often remain undeveloped for years. This apparent contradiction — strong growth alongside delayed construction — reflects a deliberate shift in how builders approach ...
Florida’s coastal real estate market is moving into a new phase as inventory levels rise and buyers become more selective. Nowhere is this more evident than in Vero Beach, a barrier island community situated between the Atlantic Ocean and the Intracoastal Waterway. After years of pandemic-fueled scarcity, the market is adjusting to a landscape where ...
While much of the country faces housing market uncertainty, northern Bergen County remains one of the most resilient markets in the region. Local data and agent reports show a sharp contrast between the county’s continued strength and the broader national slowdown, with several structural factors keeping demand high and inventory tight. Inventory Shortage Remains the ...
Just a few years ago, Spartanburg, South Carolina, was often dismissed by real estate professionals as too undeveloped and too distant from Greenville’s activity to attract serious growth. Today, that perception has changed. Land prices are rising in the area, national and local builders are buying up property, and the city has emerged as the ...
While much of the national real estate conversation focuses on high interest rates and affordability concerns, Milford, Connecticut, is charting its own course. The coastal city’s housing market remains notably resilient, powered by cash buyers whose motivations and resources set them apart from the broader market. This dynamic is shaping both opportunities and challenges that ...
Connecticut sellers expecting 2022-style bidding wars are discovering that not every listing is selling quickly or at a premium. While headlines still highlight tight inventory and occasional bidding wars, agents across the state report a growing gap between what sellers hope for and how buyers actually behave in 2024. Nicholas Tarquino, realtor with Carbutti & ...
