In the western suburbs of Chicago, homeowners who list above market value, banking on the idea that a motivated buyer will negotiate down, are not just sitting on stale listings. According to Michael Berg, a broker covering DuPage County and parts of Cook County, those overpriced homes function as unpaid marketing for every competitively priced ...
Scroll through listings in North Orange County, California, this fall and the market looks like it is softening: price reductions dotting the inventory, homes sitting longer than they did a year ago, sellers pulling back from their original ask. For buyers, it is tempting to read those cuts as a signal that values are falling ...
Selling a home is supposed to be the exit strategy. But for a growing number of homeowners in Las Vegas, the math on a sale does not work right now, and the result is a wave of reluctant landlords entering a rental market that punishes inexperience. Corinne Gordon, a Realtor and co-owner of Hive Real ...
The homes moving quickest in Houston right now are not the ones buyers pin to their vision boards. They are modest starter properties: three bedrooms, two bathrooms, located in the suburbs. Larger, more expensive homes are sitting longer. For first-time buyers holding out for the house they actually want to live in long term, that ...
A well-priced home in good condition in central Pennsylvania typically goes under contract within one to two weeks. A home that misses on either variable, overpriced, poorly maintained, or both, begins to stall after three weeks, triggering a reassessment between agent and seller. That gap between fast-moving and lingering inventory is defining the region’s market, ...
For years, the housing shortage in DuPage County and the surrounding western suburbs of Chicago has had a straightforward explanation: homeowners locked into mortgage rates of 2% or 3% have little financial reason to sell. But a different source of supply is now filling part of that gap: older homeowners who are downsizing, moving into ...
Six cities in the southeast corner of the Phoenix metro are in a seller’s market. A short drive south, in Maricopa, inventory has accumulated to a degree that could take years to absorb. The difference has less to do with demand, which remains relatively healthy across both areas, and more to do with where new ...
The real estate brokerage landscape in Eastern Massachusetts is consolidating, not because smaller firms are failing, but because the operational demands of running one have grown faster than most small shops can staff for. Regulatory shifts at both the state and national level, the pressure to adopt AI tools, and rising client expectations around marketing ...
New-construction homes in the greater Pittsburgh area are selling rapidly, even as buyers openly complain about the build quality of some of the region’s largest homebuilders. That disconnect between persistent demand and known concerns raises a practical question for anyone shopping for a new build: if the market will not punish builders for cutting corners, ...
In most housing markets, buyers settle on a strategy and stick with it. Bid aggressively, or negotiate patiently. Move fast, or take your time. In the Washington, D.C., metro area right now, that single-strategy approach can cost you a home or cost you thousands in overpayment, because conditions on opposite sides of the Potomac are ...
A signed contract used to mark the point where Philadelphia home sellers could exhale. That assumption is breaking down. Buyers who have already signed agreements and put down deposits are backing out before closing, and Alona Richardson, a Realtor with OCF Realty LLC, the largest independent brokerage in Philadelphia, says economic anxiety is driving the ...
Demand in northern New Jersey does not soften evenly. It softens at the edges first, according to Julia Gaffney, team lead of Elevate Real Estate Group at Keller Williams Prosperity Realty. Counties closest to New York City remain fiercely competitive, but further out, in Sussex and western Passaic County, inventory is climbing, open houses are ...
Conventional wisdom says spring is when you sell a house. The flowers are blooming, the yard looks its best, and buyers are out in force. But in northern New Jersey, where inventory has been well below normal for years, waiting for April or May means walking into the heaviest competition of the year. Julia Gaffney, ...
Across the Las Vegas Valley, rental listings are lingering. Properties that once leased in days now sit for weeks, and in some cases, months. The shift has forced property owners to rethink not just what they charge, but what they offer tenants to get them through the door and keep them there. The change is ...
Harris County, Texas, has roughly six months of housing inventory on the ground, and according to one 23-year Houston-area veteran, the slowdown feeding that surplus is not a brief dip. Sandra Marconi, a real estate agent and MAPS coach with Keller Williams in Houston, said the current environment could last far longer than most buyers ...
