Metro Detroit remains one of the few major metropolitan areas where an investor can acquire a property for under $100,000, put in rehab work, and still generate positive cash flow. That affordability continues to attract capital from across the country, but financing these deals and structuring them to survive a missed assumption requires more nuance ...
A few years ago, buyers in the Hudson Valley were putting offers on anything available. Homes needing work, homes in unfamiliar towns, homes that didn’t quite fit, all moved quickly in a market defined by urgency. That dynamic has shifted. The market hasn’t slowed in volume, but buyers have become selective in ways that are ...
Builders in the Houston suburbs of Katy and Cypress are offering incentive packages large enough to make new construction cheaper than comparable resale homes, a reversal that is forcing existing homeowners into concessions and leaving resale inventory sitting longer than it has in years. The compression between new and resale pricing has created a market ...
The assumption that tight inventory means a frozen market doesn’t hold in the towns just west of New York City. In Nutley, Bloomfield, and Belleville – a cluster of residential communities roughly ten miles from Manhattan – homes are selling quickly enough that annual transaction counts are running closer to normal than monthly inventory snapshots ...
For years, offsite and modular construction occupied a familiar position in housing conversations: promising in theory, unproven at scale, and haunted by high-profile failures from the last decade. That position is changing, not because the technology suddenly became viable, but because the economics of conventional construction have deteriorated to the point where developers are actively ...
A city of roughly 68,000 to 72,000 people does not typically support 34 simultaneous new-home developments. But Celina, Texas, one of the fastest-growing cities in the United States over the past five years, is operating at a pace that forces resale homeowners into direct competition with publicly traded builders who adjust pricing on weekly data ...
Bakersfield’s housing market sits in an unusual position for California: median prices around $400,000, rising inventory, and builders actively offering credits and rate buydowns to attract first-time buyers. The result is a market where resale sellers who ignore what’s happening next door, sometimes literally next door to a new construction community, are watching their listings ...
The common shorthand for Nashville’s housing market, either “still hot” or “finally cooling,” misses what’s actually happening on the ground. According to Kortney Wilson, Founder & Team Leader of The Kortney Wilson Group at eXp Realty, the metro area is behaving less like a single market and more like a collection of distinct submarkets, each ...
Most real estate websites still greet visitors with a contact form, a passive tool that asks for information before offering anything in return. That model is increasingly out of step with how buyers actually shop: browsing has shifted heavily into evenings and weekends, attention spans have compressed, and the rise of zero-click search, where consumers ...
Rising inventory usually signals a cooling market. In the Minneapolis–St. Paul metro, it signals something else: more people choosing to move at the same time. The Twin Cities are carrying their highest housing inventory since 2018 or 2019, yet transaction volume has risen in step – producing a busy market with more options rather than ...
The starter home in South Jersey used to cost around $250,000. That number has shifted upward by roughly $100,000 to $150,000 depending on the county, pushing the introductory price into the $350,000 to $400,000 range, according to Maria Robles, a Realtor Associate Broker with Real Broker, LLC, who has worked the South Jersey market for ...
For years, real estate observers in the Philadelphia metro region described South Jersey as undervalued – a suburban stretch with beach access and lower taxes that hadn’t caught up to its northern counterpart. That description is outdated, according to Shelby Morgan, Broker/Owner of Morgan Capital Real Estate in Marlton, New Jersey. Prices in parts of ...
You found the house. It is 10:30 on a Tuesday night; you are scrolling through listing photos on your phone, and you have three questions you want answered right now. You fill out a contact form. Nobody responds until the next afternoon. By then, you have moved on, or worse, another buyer has moved faster. ...
For more than two years, market watchers in the greater Houston area have been bracing for a surge of foreclosures. The logic seemed sound: pandemic-era moratoriums expired, interest rates jumped, and homeowners who stretched too thin would inevitably fall behind. But the wave hasn’t arrived – at least not in the form anyone predicted. What’s ...
Investors who purchased Cleveland apartment buildings in 2021 or 2022 with 3% mortgages and top-of-market pricing now face a sale price gap they cannot close. Mortgage rates sit in the six-and-a-half-percent range, which means buyers today need higher cap rates to make the numbers work, and higher cap rates mean lower prices. Owners who stretched ...
