Permanent interest rate reductions funded by sellers are becoming the primary form of negotiation in Tampa Bay’s residential real estate market. This shift marks an apparent change in leverage between buyers and sellers as the region moves away from the pandemic-era seller’s market. Chuck Vosburgh, a realtor with NextHome Gulf to Bay, reports that seller-funded ...
Florida’s homeowners insurance crisis has shifted from a secondary concern to the main factor limiting buyer purchasing power in Tampa Bay’s residential market. Chuck Vosburgh, a realtor with NextHome Gulf to Bay, says insurance costs are now so significant that they dictate where and whether clients can afford to buy, often overriding considerations such as ...
Industry veteran Jeff Beggins warns that a combination of federal and state policy shifts will soon drive a surge in demand for Florida residential real estate, leaving investors with fewer opportunities to buy at current prices. Florida’s residential real estate market is approaching a turning point, according to Jeff Beggins, Chief Evolution Officer at CENTURY ...
Florida’s coastal real estate markets follow a consistent recovery timeline after hurricanes, according to Jeff Beggins, Chief Evolution Officer at CENTURY 21 Beggins Enterprises. Beggins says this pattern creates a specific window for investors willing to act before the data confirms a rebound. “Typically, it’s 18 to 24 months after hurricane impact that you get ...
Florida’s insurance crisis has dominated real estate headlines in recent years, with many industry observers citing rising premiums as a major obstacle to home sales. However, Nazar Bas, a realtor with Coldwell Banker Realty who works with both investors and residential buyers in Sarasota and nearby markets, says insurance is no longer the deal-breaker many ...
Buyer preferences are changing rapidly in residential real estate, with first-floor primary suites—bedroom, bathroom, and closet space located on the main level—now driving demand among multiple buyer segments. Sarah Peters, Team Leader at eXp Luxury Realty, says these features have moved beyond their origins as accessibility accommodations to become mainstream selling points that influence pricing ...
A clear pattern is developing in mature suburban real estate markets around major cities, according to Sarah Peters, Team Leader at eXp Luxury Realty. Walkability has moved beyond a lifestyle perk to become a decisive factor in pricing, changing the competitive landscape and limiting access for some buyers. “We’re seeing major trends with baby boomers ...
The Florida Keys present a real estate scenario that often confuses investors: the same historic preservation guidelines and zoning restrictions that create long permitting processes and costly restoration requirements also underpin the market’s resilience during downturns, according to Ellen Gvili, global real estate advisor at Ocean Sotheby’s International Realty. “The Key West market is one ...
The real estate industry faces a serious data challenge, according to Jeff Beggins, Chief Evolution Officer at CENTURY 21 Beggins Enterprises. Market reports that claim Tampa is “down modestly” or that Pinellas County prices have dropped 12% year-over-year, he argues, do not reflect what buyers and sellers actually experience on the ground. “I don’t think ...
The Sarasota real estate market is dividing sharply along geographic lines, with planned communities like Lakewood Ranch continuing to attract buyers and investment while outlying areas that surged during the pandemic are now seeing prices fall. This divergence marks a significant shift from the broad-based appreciation that characterized the market just a few years ago. ...
Sarah Peters, team leader at eXp Luxury Realty, has leveraged her background as a teacher to build a $50 million real estate team in Bucks County, Pennsylvania. Her transition from education to real estate began in 2018, driven by a desire for a more flexible schedule for her family. What started as a practical career ...
The Tampa Bay real estate market offers a clear example of how headline statistics can obscure what buyers and sellers actually experience. While official data suggests a neutral market with roughly five months of inventory, agents on the ground report a very different environment. Chuck Vosburgh, a realtor with NextHome Gulf to Bay who shifted ...
Phoenix’s Camelback corridor and surrounding luxury neighborhoods are experiencing a surge in high-end real estate transactions, fueled by the technology sector’s expansion and an ongoing influx of California buyers. Recent sales data show that while the ultra-luxury market remains resilient, mid-tier segments are more sensitive to interest rate changes, creating distinct dynamics across price points. ...
The average downsizer reduces their living space by just 100 square feet – a statistic that surprises most people considering a move, according to Ryan Bruen of The Bruen Team at Coldwell Banker Realty in Morristown, New Jersey. “When I share that statistic with clients, the reaction is always the same: confusion, followed by skepticism,” ...
The impact of historically low mortgage rates from 2020-2021 extends beyond typical market dynamics of reduced inventory and limited transactions. Real estate professionals report that the lock-in effect influences household decisions about relocation, divorce, and major life transitions in ways that compound over multiple years. Scott Spelker of The Spelker Team with Coldwell Banker in ...
