San Jose’s housing shortage is not a temporary market fluctuation but the result of physical constraints that prevent meaningful new development. Theresa Wellman, founder of Homeowner Experience Real Estate Inc., points to the region’s geography as the main factor: Silicon Valley is surrounded by the ocean on three sides and hemmed in by mountains, leaving ...
Jersey City’s real estate market has undergone a dramatic shift over the past decade, moving from overlooked pockets of development to a citywide condo market that now draws buyers to every neighborhood. Once seen primarily as a cheaper alternative to Manhattan, Jersey City is now a destination in its own right, with buyers prioritizing the ...
Median-priced condos purchased at the peak of Austin, Texas’s 2022 housing boom have lost value. Average rents have dropped from $2,400 to $1,900 per month, according to Kasey Jorgenson, broker and founder of Jorgenson Real Estate. The downturn has created a glut of rental inventory. Owners unable to sell at acceptable prices have turned to ...
A surge in post-wildfire insurance costs and new short-term rental bans have created a glut of Maui, Hawaii, condominiums with few qualified buyers, according to Mino McLean, broker with Island Sotheby’s International Realty. The shift, driven by the August 2023 Lahaina wildfires and the passage of Bill 9, has left thousands of units effectively out ...
Real estate markets in Queens and Long Island are moving at a pace that ignores traditional seasonal slowdowns, with deals closing steadily even during periods that were once considered quiet. Giuseppe Gregorio, associate broker at NY Space Finders Inc., says the current momentum is unlike anything he has seen in his career. Advances in technology ...
The Connecticut real estate market is moving away from the frenzied pace of the pandemic years, with longer days on market and fewer bidding wars pointing to a return to greater balance. This shift is changing how buyers and sellers approach transactions, and real estate professionals across the region are adapting to a landscape defined ...
While many U.S. housing markets face affordability issues, rising interest rates, and sluggish activity, New Jersey’s residential market is demonstrating unusual strength. In Monmouth County, luxury waterfront homes are attracting offers $200,000 above asking price, and buyer demand remains high even as borrowing costs climb. Amanda Cruz, Team Lead at The Amanda Cruz Group of ...
The Long Island residential market is defying expectations about affordability and the impact of higher interest rates, as severe inventory shortages push home prices to record levels in traditionally middle-market neighborhoods. In East Meadow, a Nassau County community long known for its accessible prices and strong schools, half of all homes now list for more ...
The New Jersey Shore real estate market remains stable, with properties under $800,000 selling quickly while higher-end homes see longer listing periods. After a surge in demand during the pandemic, the region has settled into a year-round market, attracting permanent residents from urban areas who are seeking a different pace of life. Maria Jakubik, a ...
Northern Michigan’s waterfront real estate market is finding a new balance after several years of rapid sales, with local agents noting a return to more measured buyer behavior and steadier pricing. The region, known for its Lake Michigan shoreline and numerous inland lakes, is defined by limited supply and strong long-term demand — a combination ...
Big Bear, California, has become a bellwether for changes rippling through mountain resort real estate. With over 40 years in the business, Mark Dolan, Broker/Office Manager at RE/MAX Big Bear, has seen the community move from a classic second-home destination to a more complex, year-round market. The trends in Big Bear reflect broader changes in ...
Over the past decade, artificial intelligence has moved from a niche experiment to a driving force in the real estate industry. While many companies are only now testing AI’s potential, a small group of early adopters has spent years building solutions that shape how property data is used and understood. Restb.ai is one such company. ...
The rolling hills of Central Virginia have become a prime destination for high-end buyers seeking a mix of rural beauty and urban sophistication. In Charlottesville and its surrounding counties, lifestyle appeal, geographic constraints, and new economic drivers have transformed a once-quiet university town into one of Virginia’s most competitive real estate markets. Peter Wiley, broker ...
The Los Angeles real estate market is undergoing a notable adjustment as buyers and sellers adapt to higher interest rates, rising insurance costs, and an increase in available homes. After years of rapid price growth and intense competition, the balance of power is shifting, creating new challenges and opportunities for everyone involved. This evolution is ...
The U.S. commercial real estate lending market is undergoing a significant realignment as institutional investors shift toward safer credit positions, creating both challenges and opportunities for borrowers in a more complex financing environment. John Randall, Head of National Production for Debt and Structured Finance at Colliers, oversees the firm’s national debt and equity operations. Randall ...
