Investors acquiring residential and multifamily properties in Queens often proceed with purchases without conducting thorough structural inspections, according to Stella Shalamova, Sales Representative at EXIT Realty First Choice. The gap between marketing claims of “good deals” and issues uncovered during inspections, such as foundation damage, deferred maintenance, and hidden repair costs, can expose buyers to ...
In a residential real estate market defined by fast sales and strong buyer competition, one operational change may reduce the number of deals that fall through during inspections. Johnny Guan, team leader at The JG Team in Ocean and Monmouth Counties, New Jersey, says conducting inspections before listing a property has improved his deal completion ...
For many buyers, Staten Island occupies an unusual place in the New York City housing market. It is fully part of NYC, with the same municipal services, tax structure, and transit connections. Yet its housing stock and pricing often look very different from what buyers encounter in Manhattan, Brooklyn, or Queens. Single-family homes are far ...
In an industry built on relationships, handshakes, and property tours, Vlado Konatar from Kona Realty Group just closed one of his most unusual transactions. A buyer in Croatia, who has never set foot in the United States, purchased a million-dollar Sarasota property after seeing the Kona Realty Group founder in a social media video. A ...
Most people assume luxury buyers in New York City are motivated by status. The bigger the price tag, the better. In practice, the opposite is closer to the truth. In New York, price does not necessarily indicate value. Two apartments in the same building can trade at materially different prices per square foot depending on ...
Billionaire-funded “Ambition Accelerated” initiative positions Gold Coast as unified business capital while corporate relocations accelerate The $10 Million Regional Marketing Play Ken Griffin and Stephen Ross each contributed $5 million to launch “Ambition Accelerated,” a national campaign targeting CEOs and founders in high-cost cities with messaging positioning South Florida’s Gold Coast as a unified economic ...
Pinal County, located between Phoenix and Tucson, has become one of Arizona’s fastest-growing regions, issuing more than 3,000 single-family permits in 2024 alone. This surge in development underscores the county’s appeal for homebuilders and new residents. Still, it also exposes deep challenges in water policy that now dictate where and how new housing can be ...
Building a custom luxury home in Florida can quickly turn from a dream project into a costly ordeal. Unlike traditional home purchases, which typically involve fixed prices and clear deliverables, custom home construction operates under a system that often leaves buyers exposed to significant financial risk, especially in the luxury segment, where cost overruns of ...
In Bergen County, buyers who delay homeownership while waiting for lower interest rates or more inventory may miss out on approximately 9% annual home price appreciation. According to Cathy Banu, team leader of the Cathy Banu Real Estate Team at Keller Williams Village Square Realty, the financial and emotional costs of waiting often outweigh the ...
Investors targeting northern New Jersey should focus on small multifamily residential properties in commuter rail towns, according to Cathy Banu, team leader of the Cathy Banu Real Estate Team at Keller Williams Village Square Realty. Banu warns that office buildings and short-term rental models in Bergen County present significant risks and are unlikely to deliver ...
Broad statements about Queens real estate often overlook how individual neighborhoods respond differently to rising interest rates and economic pressure. According to Stella Shalamova, sales representative at EXIT Realty First Choice, some Queens neighborhoods saw only minor price declines during the 2008 market collapse, while others are experiencing larger corrections in the current cycle. This ...
Residential transactions in Bergen County, New Jersey are being limited by a long-term shortage of homes for sale, not by interest rates, according to local agents who say national housing coverage overlooks the primary issue in the area. Inventory Shortage Reflects Long-Term Structural Shift National real estate coverage often attributes slower home sales to higher ...
The American housing affordability crisis has changed dramatically over the past thirty years, now affecting a far wider range of households than ever before. Once considered a problem limited to low-income residents in major cities, the crisis now affects middle-class families with six-figure incomes in regions across the country. Rising costs, stagnant wages, and supply ...
The North Alabama real estate market has moved past the volatility of the pandemic years and is settling into a more stable, sustainable rhythm. While the days of weekend sales and bidding wars are over, the region continues to benefit from job growth and steady relocation activity, keeping foundational demand strong. Nina Soden, team leader ...
Richmond, Virginia’s real estate market has changed dramatically over the past century, moving from post-Civil War construction to today’s technology-driven industry. At the center of this evolution is John Finn Jr. of United Real Estate Richmond, whose family’s involvement in property and construction spans five generations. Finn’s experience offers a detailed view of how the ...
