The Kansas City metro area has a median home price around $450,000 and enough inventory variety to serve both first-time buyers and out-of-state relocators. But the factor determining whether a listing sells in a week or sits for more than 30 days isn’t price, neighborhood, or even school district; it’s the condition of the home ...
The assumption that a metro area’s housing market moves as a single unit rarely holds up under scrutiny, but in Scottsdale and Paradise Valley, Arizona, the divergence between price segments has become unusually pronounced. According to Brad Kimmelman, Team Leader and Senior Global Real Estate Advisor with The Hômanity Team at Russ Lyon Sotheby’s International Realty, homes priced ...
A three-bedroom, two-bathroom home with a two-car garage in California can run $800,000 or more. The same home, brand new, in Princeton, Texas, is closing this month for $325,000, and that gap is doing more to shape the Dallas-Fort Worth housing market than any single local trend, according to Nadeem Khan, a Realtor with Crown ...
In parts of the eastern Coachella Valley, parcels that look like obvious development opportunities on paper are worth far less than their location suggests – because they cannot be connected to the electrical grid. The local utility serving that portion of the valley is at capacity, according to Troy Kudlac, Broker – President of KUD ...
Younger home buyers have more information at their fingertips than any generation before them. But in the Coachella Valley’s eastern communities, that information – particularly instant answers generated by AI tools – is making transactions harder to close rather than helping buyers make better decisions. The problem isn’t that buyers are doing research. It’s that ...
Buying a single-family rental in a fast-growing Sun Belt city usually starts with job growth, population trends, and neighborhood quality. What many investors skip entirely is the one factor that can erase all of those advantages: how many new apartments are being built nearby. The argument sounds counterintuitive. You are buying a house, not a ...
The Coachella Valley, the string of desert communities stretching from Palm Springs to Indio in Southern California, operates on a seasonal rhythm that most housing markets don’t share. Luxury second-home buyers arrive in winter. Year-round residents, many of whom need to sell a home elsewhere before purchasing locally, close transactions in summer. Agents who treat ...
The midterm rental segment in coastal San Diego, stays of one to six months, fully furnished, has attracted a wave of new operators over the past two years. Many are former short-term rental hosts pivoting in response to regulatory pressure and seasonal volatility. The result is more supply competing for the same pool of demand, ...
In most American office markets, an 8 to 9 percent vacancy rate would signal room to grow. In Reno, Nevada, it represents the tightest conditions the Class A segment has seen in over 20 years, according to Chad Clemetson, managing partner of NevDex Properties, and yet no one is breaking ground on new supply. Construction ...
An estimated 8 million recreational vehicles are on U.S. roads today, and a growing share of their owners have nowhere to put them when they’re not in use. The mismatch between RV ownership and available storage has been building for years, driven by increasingly restrictive HOA covenants and local zoning ordinances that limit what residents ...
Commercial real estate investors typically pay a premium for stabilized properties: fully renovated, fully leased, and requiring no immediate capital expenditure. In central Arkansas, that logic has flipped. Properties that need work are moving faster than those that don’t, according to Bryce Richardson, president of commercial sales at Brick Real Estate in Faulkner County, Arkansas, ...
Among Southern California’s beach communities, Long Beach occupies an unusual position. While comparable coastal neighborhoods in Manhattan Beach, Newport Beach, or Laguna Beach price most buyers out at $3 million to $10 million for homes near the water, Long Beach still offers beach-adjacent properties in the $1.5 million to $2.5 million range, according to Rick ...
The instinct when relocating is to buy immediately, lock in a home, plant roots, get settled. In the Dallas-Fort Worth market right now, the smarter move for out-of-state buyers is the opposite: rent for a year, study the terrain, then purchase. Buyers who skipped that step during the pandemic overpaid badly, and the ones arriving ...
A broken dishwasher in a managed UK flat feels like a simple problem. Report it, someone fixes it, move on. But a single work order can touch dozens of people and cost hundreds of pounds before anyone picks up a tool, not because the management company is negligent, but because the administrative chain between “my ...
In some of Seattle’s most desirable neighborhoods, the person bidding against you for an older home is not another family. It is an investor who plans to tear the house down and build two or three townhomes in its place. Recent zoning changes in Seattle have made this strategy legal and profitable, according to Eric ...
