Real estate agents who avoid tough pricing conversations with sellers create problems that extend well beyond a single failed deal, according to Nicholas Christopher, Team Leader at Christopher Property Group. Sellers who do not understand current market conditions often respond with repeated price reductions, spend unnecessarily on marketing, and ultimately blame the agent when the ...
In Central New Jersey’s rural real estate market, failed deals are increasingly driven by inspection issues rather than affordability or rising mortgage rates. According to Laura Doyle, broker at Century 21 Action Plus Realty, the leading reason transactions collapse in her area is problems uncovered with well water and septic systems, problems neither buyers nor ...
The industrial real estate market is splitting into two distinct tracks. While demand for large-format warehouses is cooling, operators of small-bay warehouse properties, defined as spaces of 10,000 square feet or less, are reporting near-full occupancy and waitlists. Jim Sapp, Founder and CEO of RISE Commercial District, attributes this divide to lasting changes in how ...
A California law requiring balcony inspections has created a split in the state’s housing market, making many condominium buildings difficult to finance and sell. At the same time, single-family homes continue to attract strong buyer demand. Kevin DaSilva, Team Leader at Kevin DaSilva Group at eXp Realty, says the law requires condo associations to complete structural ...
The January 2025 wildfires in Palisades and Altadena caused a dramatic distortion in the Los Angeles coastal housing market, with home prices in some areas rising 32 percent year-over-year by spring, the steepest increase since 2014–2015. Kevin DaSilva, Team Leader at Kevin DaSilva Group at eXp Realty, says the fires forced thousands of affluent households to ...
Atlanta condominium homeowners’ association fees are rising at a pace that is changing the economics of urban ownership. In several buildings, year-over-year fee increases now exceed 40 percent. Jeremy Smith, a condominium sales specialist at Engel & Völkers Atlanta, reports that his own building in Buckhead will see a 46 percent increase in 2026, pushing ...
Physical inspections have become the leading cause of failed home sales in supply-constrained markets. Younger buyers who have already stretched their budgets are increasingly facing unexpected repair costs they cannot afford. Janice Lee, Team Lead and Luxury Property Director at Berkshire Hathaway HomeServices California Properties, says the gap between what buyers can afford to purchase ...
National real estate headlines describing a buyer’s market are misleading buyers who enter highly sought-after micro-markets only to find tight supply, strong demand, and competitive bidding. Janice Lee, Team Lead and Luxury Property Director at Berkshire Hathaway HomeServices California Properties, says broad trends fail to capture what is actually happening in specific neighborhoods, school districts, ...
Manhattan’s luxury real estate market was widely expected to cool this year as high mortgage rates, economic uncertainty, and ongoing concerns about office vacancies dampened demand. Yet, at new condo developments, the atmosphere tells a different story: bidding wars, all-cash offers, and rapid closings are now common. In contrast, grand pre-war co-ops — those with ...
High-profile sales in South Florida are drawing national attention: a Google founder paid $173 million for a Miami mansion, and a Microsoft exec spent a similar amount on lots in Palm Beach. But beneath these record-setting deals, the reality for most buyers and sellers in Palm Beach County is more complicated. While ultra-luxury properties are ...
In New Jersey’s residential market, buyers are routinely paying more for properties even when identical or better alternatives are available at lower prices. This repeated disregard for a core principle in real estate appraisal, known as the principle of substitution, raises questions about how buyers evaluate homes and what drives their decisions. According to Lilly ...
In New York’s Hudson Valley, you might expect high mortgage rates – now hovering around 6% to 7% – to push more people into renting. Instead, landlords are cutting rents, offering move-in specials, and watching units sit vacant for weeks. At the same time, homes priced under $500,000 are still selling quickly, with many going ...
Walk through any Silicon Valley neighborhood today, and you’ll spot a clear pattern: some homes sell within days, attracting multiple offers, while others linger for weeks and see price cuts. This divide is not random. The market has split into two distinct segments, each with its own rules and pressures. The dividing line is $3 ...
After several years in which buyers routinely accepted unfavorable contract terms and absorbed costs that traditionally fell to sellers, the balance in South Jersey real estate negotiations is beginning to shift. Matt Donnelly, a Realtor with Century 21 Alliance in Gloucester County, reports that buyers are no longer automatically agreeing to extra costs or conditions ...
St. Paul’s effort to revive its downtown is built around a nonprofit development corporation that takes on projects private developers have deemed too risky or unprofitable. This approach, modeled after similar strategies in other cities, signals a new way for distressed urban markets to begin recovering when traditional investment stalls. After the pandemic, the expectation ...
