The Long Island real estate market is grappling with the same inventory shortages and economic uncertainty seen nationwide, but with distinct local characteristics — especially in its cooperative housing segment. Agents and buyers alike are adjusting to a landscape defined by limited supply, evolving affordability, and shifts in buyer priorities. Abraham Kanfer, a realtor with ...
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 ...
Wilmington, North Carolina’s rental market is experiencing steady growth, driven primarily by small-scale property investors rather than large institutional buyers. Even as coastal insurance costs rise and rapid development brings new hurdles, individual landlords remain the main force behind local rental housing. Catherine Huffman, owner of Keyrenter Wilmington, a property management company in North Carolina, ...
While much of Florida’s traditional real estate market has slowed in 2024, short-term rental (STR) investment along the Gulf Coast remains robust. Rich Clover, a realtor with Savvy STR Agents who works exclusively with short-term rental properties, closed 20 transactions last year in the Bradenton area. Nineteen of those buyers were from out of state, ...
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 ...
While many U.S. housing markets have cooled or shifted toward buyers, Bergen County, New Jersey, remains one of the few high-priced suburban areas where sellers continue to hold the advantage. This persistent seller’s market, in contrast to broader national trends, highlights how local factors such as proximity to New York City, strong demand from commuters, ...
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 ...
In supply-constrained markets, first-time homebuyers are often drawn to move-in-ready homes. Still, veteran Bergen County real estate team leader Cheryl Cooper argues this convenience can become a costly financial trap. Cooper, who leads The Cheryl Cooper Group in Bergen County, New Jersey, says the widely accepted belief that a “perfect” home is the best investment ...
Rising renovation costs and strict preservation rules are causing a spike in failed transactions in some of the country’s most sought-after rural luxury markets. In places like Litchfield County, Connecticut, the historic architecture and controlled development that once attracted buyers are now creating new challenges, according to William Melnick, associate agent at Elyse Harney Real ...
The long-standing idea of buying a fixer-upper in the countryside and restoring it over time is quickly losing ground in affluent second-home markets. William Melnick, associate agent at Elyse Harney Real Estate, says a clear generational divide is reshaping buyer demand and putting new pressure on the supply of move-in-ready homes. “I don’t think Generation ...
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, ...
Real estate development in the United States is shaped not by federal policy but by thousands of local decisions across the country. Daniel Heller, CEO and co-founder of ReZone (recently acquired by Shovels AI), argues that this fragmentation leads to a core market inefficiency: information that is technically public often remains functionally out of reach ...
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 ...
