In Florida’s Cape Coral, a 1978 ranch with brown siding sits next to a brand-new build with gray modern finishes. Both are priced similarly, but the new construction is very likely the one that will sell first. The reason comes down, at least partly, to supply. Cape Coral’s vast inventory of buildable lots — roughly ...
Bay Area single-family home prices have reached new records despite high interest rates, defying national trends and challenging the traditional belief that mortgage costs are the primary force behind real estate markets. According to Spencer Hsu, Team Lead at eXp Realty of California, Bay Area buyers are largely insulated from rate fluctuations because their purchasing ...
Investors buying vacation rental condominiums on the Gulf Coast pay higher fees and face longer approval times when using national lending platforms or out-of-state lenders. Local real estate professionals say financing for income-producing condos is fundamentally different from primary residence mortgages, and lenders without regional experience often struggle to meet specific requirements efficiently. Kristy Bushaw, ...
If you looked only at agents’ appointment books and weekend open houses, you might think the housing market was finally picking up steam. Mortgage-rate cuts have improved buyer confidence and increased market activity. The problem is that – at least so far – that activity hasn’t translated into increased sales. Rates have slipped somewhat from ...
Most property management firms are laser-focused on the top line. Frank Gervasio, Director of Finance at OneWall Communities, says that’s exactly where they go wrong. Here’s a number that should make any property owner pause: a single lost lease, just $1,000 a month, can cost five times that amount to recover. Yet many ownership groups ...
As New York developers wrestle with tighter sites and rising construction costs, one German-engineered solution is making the case that smarter parking starts at the drawing board. Parking is rarely the first thing a developer wants to talk about. It’s expensive, it consumes valuable square footage, and in dense urban markets like New York, it ...
Miami’s residential development market is entering a phase where the difference between committed developers and those seeking short-term gains will become clear, according to industry leaders preparing for a softer sales environment. After several years of pandemic-driven demand and rapid migration, the market has shifted decisively in favor of buyers. Experienced developers do not see ...
Florida’s real estate market is recalibrating after the pandemic boom, but agents who blend technology with deep local ties are finding new ways to grow. In Vero Beach, the partnership of Ben Bryk and J. Vance Brinkerhoff shows how mixing traditional relationship-building with advanced marketing tools can drive results, even as conditions become more challenging. ...
The tri-state area’s real estate market operates on sharp, predictable seasonal cycles. Still, recent political and economic shifts are disrupting these patterns and forcing investors and agents to rethink their strategies. Lilly Shamam, a veteran realtor with Keller Williams Realty East Monmouth, brings over 30 years of experience in both appraisal and sales, including opening ...
Silicon Valley’s real estate market is slowing down, and immigration policy uncertainty is a bigger factor than mortgage rates. That is the assessment of Amol Heda, Broker Associate at KW Bay Area Estates in Los Gatos. Heda says skilled immigrants on H-1B visas and similar programs, who make up a large share of the Bay ...
Philadelphia is experiencing a reversal in migration trends. Empty nesters who moved to the city before the pandemic are now returning to the suburbs. This shift reflects changing perceptions of city living since COVID-19 and growing concerns over public school quality, both of which are contributing to higher condo turnover and reduced demand for urban ...
Buyer activity in New Jersey shore communities has declined sharply over the past four years. Properties that once attracted 20 to 30 competing offers now typically receive only two or three serious bids. Steven Kozusko, a Realtor with CENTURY 21 Thomson & Co., says this steep drop in competition is changing how deals are made ...
The North Bay real estate market stands apart from national trends, according to Steven Cozza, team leader at Compass in Petaluma, California. While many regions across the U.S. have seen inventory rebound or even surge, Sonoma and Marin counties remain defined by a severe shortage of available homes. This persistent scarcity is forcing buyers and ...
South Carolina is at the center of the Southeast’s ongoing population boom, attracting buyers from across the country with its lower taxes, strong schools, and recreational amenities. The Columbia-Lexington area highlights this trend, where luxury homes are selling as quickly as entry-level properties, defying the national slowdown in high-end real estate. Wendell Arsi, founder of ...
While much of the country’s housing market is cooling, the San Gabriel Valley stands out for its continued strength. In this region east of Los Angeles, multiple offers remain common, and inventory is tight, defying expectations of a buyer’s market that dominates national headlines. Janice Lee, a 41-year real estate veteran and luxury property director ...
