Rhode Island’s house-flipping market remains active, but investors are struggling with rising acquisition costs that are reducing the profitability of renovation projects. Walt Buteau, a real estate advisor at Engel & Völkers Oceanside who specializes in investment properties and flips, says the challenge is not a lack of interest but a sharp increase in prices ...
The Central Florida real estate market is undergoing a significant correction, with local factors in Winter Haven revealing shifts in buyer behavior, inventory, and pricing that differ from broader regional trends. Patricia de Graaff of RE/MAX Heritage Professionals, a Dutch-born real estate agent with nearly a decade of experience in Winter Haven, provides a close-up ...
Jacksonville’s real estate market has shifted from the breakneck pace of the pandemic to a more balanced, sustainable environment, offering new opportunities for buyers and sellers who understand the region’s current dynamics. Homes now sell at an average of 93.5% of list price, a notable decline from the 100–105% premiums seen during the height of ...
South Florida’s luxury real estate market is undergoing rapid change, with oceanfront condominiums facing intense pressures from new regulations and soaring costs, while single-family homes in prime locations continue to attract affluent buyers seeking second and third residences. Lynne Gewant, a veteran broker with Coldwell Banker Realty specializing in Boca Raton and Highland Beach for ...
The real estate development landscape in California is undergoing a significant shift, driven by new legislation and powered by innovative technology platforms that are changing how developers identify and evaluate opportunities. At the forefront of this change is Deepblocks, a proptech company that has positioned itself as a critical tool for navigating California’s evolving housing ...
Real estate professionals are discussing fee disclosure practices as the industry continues implementing changes following recent settlements and regulatory updates. Various state associations are developing disclosure forms and guidance documents as agents and brokerages adapt to new negotiation frameworks where buyers and sellers directly negotiate compensation with their respective agents. Courtney Poulos, Founder and CEO ...
Seller psychology and demographic trends are creating a housing shortage in Rhode Island that extends far beyond the 20% of homeowners holding onto low mortgage rates, according to local real estate advisor Walt Buteau of Engel & Völkers Oceanside. Rhode Island’s inventory crisis is often blamed on homeowners with sub-4% mortgages who are unwilling to ...
Jacksonville’s real estate landscape has become significantly more challenging for resale sellers, according to Terry Sadowski, a Realtor with RE/MAX Specialists and former new home sales professional. Sadowski warns that outdated pricing tactics are no longer effective as builders roll out aggressive incentives to attract buyers, intensifying competition and forcing resellers to adapt or risk ...
Jacksonville’s real estate market has shifted decisively away from the frenzied conditions of the pandemic years, with homes now selling at an average of 93.5 percent of list price—down sharply from the 100 to 105 percent seen just 18 months ago. According to Terry Sadowski, a Realtor with RE/MAX Specialists and a Jacksonville-area agent since ...
Recent building safety legislation enacted after the Surfside collapse has fundamentally changed the balance of supply and demand in Miami’s luxury condo market, but not in the way most expected. Joelle Oiknine, Senior Global Real Estate Advisor at One Sotheby’s International Realty, reports that mandatory building assessments are now shaping distinct buyer and seller behaviors ...
While St. Johns County continues to attract the bulk of buyer attention in Northeast Florida, some areas remain undervalued despite solid fundamentals and new development. According to Terry Sadowski, a Realtor with RE/MAX Specialists who has worked across Jacksonville, St. Johns County, and Clay County for nearly four decades, buyers willing to look beyond the ...
Despite headlines suggesting a slowdown in Miami’s luxury real estate, the market is not experiencing a uniform decline. Instead, it is splitting into distinct tiers, with ultra-luxury properties above $10 million selling rapidly while homes in the $1–5 million range face mounting inventory and sluggish demand. Joelle Oiknine, Senior Global Real Estate Advisor at One ...
The Florida residential real estate market is suffering from slow response times and complacency among local agents, according to Joseph Bograd, team leader of The Bograd Team. When Bograd tried to rent a property in Florida four years ago, he experienced delays that would be unacceptable in his Pennsylvania market, and he immediately recognized an ...
South Florida’s condominium market is facing a crisis driven not by sale prices but by the soaring insurance premiums that are baked into monthly association fees. As those master-policy costs climb, the fees tied to them have doubled or even tripled, leaving many entry-level units effectively out of reach for the buyers who once relied ...
Connecticut’s residential real estate market is showing signs of normalization after years of volatility, with gradual interest rate reductions and stabilized inventory levels creating what market participants characterize as a healthier transactional environment. Rob Marucci, broker-owner of Better Living Realty LLC, reports that the Connecticut market has moved away from the multiple-offer scenarios and rapid ...
