Upstate South Carolina’s commercial real estate market is facing a critical shortage of vacant land, according to Maggie Steck, broker in charge at Freedom Commercial. Steck, who has specialized in land sales across the region since 2020, says Greenville’s most desirable areas are now fully claimed, leaving developers with few options besides moving into riskier ...
The key tool real estate agents have used for decades to determine accurate home prices no longer works in Omaha, according to one of Nebraska’s highest-producing agents. The result is a market where even seasoned professionals admit they are operating with significant uncertainty. Nicki Headen, a realtor with eXp Realty and one of the state’s ...
RAL Companies president Spencer Levine says that avoiding trend-driven design is now a critical survival strategy for developers, as project timelines grow longer and market cycles become less predictable. Real estate development faces a timing challenge that most in the industry avoid discussing, according to Levine. Projects that take three to five years from conception ...
Silicon Valley’s luxury real estate market has split into sharply defined tiers, according to Chris Iverson, a realtor at Golden Gate Sotheby’s International Realty. Ultra-luxury homes above $15 million are selling rapidly, and entry-level listings under $3 million attract intense competition. But between $5 and $10 million, buyers are pausing, hesitating, or simply leaving the ...
Silicon Valley’s ability to attract top talent is being undermined by the region’s extreme housing costs, which often derail recruitment efforts for senior executives before negotiations can even begin. Chris Iverson, a luxury realtor with Golden Gate Sotheby’s International Realty who specializes in executive relocations, says the issue is not compensation or career opportunities, but ...
Ontario’s distressed property market is being driven by mounting financial stress that rarely appears in foreclosure statistics or power-of-sale filings, according to Sebastian Jania, co-founder of Ontario Property Buyers. Instead of formal defaults, Jania says a growing number of owners are selling properties they have held for decades, pushed by broader financial strain rather than ...
Ontario’s real estate market is approaching a mortgage reset crisis that will be more severe than what is unfolding in the United States, according to Sebastian Jania, co-founder of Ontario Property Buyers. The cause is not property values or general economic trends, but the structure of Canadian mortgages. Jania points out that Ontario’s standard five-year ...
Gerard Hagan, co-owner and agent at The Best Edmonton Real Estate Team, says Edmonton’s real estate market follows clear seasonal cycles that create unique opportunities for buyers, especially those interested in new construction. While spring is known for peak activity, maximum inventory, and heightened buyer competition, Hagan points out that winter offers a strategic advantage ...
For many Chicago buyers, the traditional path to homeownership is getting harder to follow. Higher mortgage rates and rising single-family home prices have pushed monthly payments beyond what feels workable. As a result, more buyers are rethinking what ownership looks like – and turning to small apartment buildings instead. “We’re seeing a lot less institutional ...
Breaking into real estate is often tricky for newcomers, especially those without established networks or years of experience. Yet in Sioux Falls, South Dakota, 20-year-old Rockwell Tornow is showing that a combination of favorable market conditions, strong brokerage support, and personal commitment can help new agents gain early traction. Since going full-time in May and ...
Nashville’s real estate market is showing clear signs of a downturn, according to longtime professionals who have tracked the city’s cycles for decades. After thirty years of rapid price growth—average home values have climbed from under $100,000 to more than $400,000—current market indicators point to an imminent correction. Distressed Properties Surge, Pointing to Underlying Stress ...
Cristia Brockway’s interest in urban planning began in childhood, when she built miniature cities from paper in her bedroom. Now, as Director of Economic Development for Farmington Hills, Michigan, she applies that early fascination to the practical challenges of guiding one of Michigan’s key suburban markets through a period of rapid change. A Personal Connection ...
Naples has officially shifted out of its pandemic-era frenzy. After two years of record pricing and homes selling within days, inventory has climbed, listings are sitting longer, and price reductions are becoming part of the conversation again. Sellers who once expected quick deals and multiple offers are now facing longer timelines and tougher negotiations, especially ...
Staten Island’s real estate market is adjusting to new realities as rising interest rates and limited housing supply reshape buyer and seller behavior. With median home prices now around $700,000 and annual appreciation between 4% and 8%, Staten Island remains attractive to New Yorkers seeking more space and relative affordability. Still, the pace and nature ...
Since the 2008 financial crisis, hard money lending has primarily focused on short-term fix-and-flip projects, with most lenders catering almost exclusively to real estate investors. Yet some industry veterans have maintained a broader approach, targeting borrower segments that mainstream lenders typically ignore. Geoffrey Ball, President and Mortgage Loan Originator at HD Lending, is one such ...
