For the past five years, Westchester and Yonkers have become the next step for New York City residents who can no longer afford Manhattan or the outer boroughs. Data supports this story: prices in Yonkers have climbed 6 to 11 percent year over year, with some neighborhoods appreciating even faster. However, beneath these headline numbers ...
Connecticut’s shoreline properties follow a different economic logic than the rest of the state’s residential market. Most homes are bought and sold based on price trends and market cycles. Waterfront properties, however, are increasingly purchased with the intention of being held for generations. This long-term view is fueling persistent price premiums that traditional market models ...
Colliers Executive Vice President David Gabbai, who has spent 36 years in commercial real estate, says the most successful brokers are those who can solve problems creatively when market fundamentals change dramatically. In a landscape where traditional deal structures often break down, Gabbai argues that two qualities, deep relationships and multi-market experience, have become critical ...
Long Island’s residential market is experiencing a housing shortage that stems less from a lack of available properties and more from the impact of mortgage rates, according to a local real estate professional who works directly with buyers and sellers. Jeffrey Memisha, a licensed sales associate at Realty Advisors Inc., says the central issue is ...
A new wave of international buyers using visa programs is reshaping Florida’s residential real estate market. These buyers, often leveraging significant capital and complex structures, are providing price stability even as domestic sales slow. Florida’s Buyer Pool Shifts Toward International Capital The makeup of Florida’s home buyers has changed rapidly in the past year, according ...
The surge of New York City buyers moving to Central Jersey during the pandemic was real but brief, according to Jose Sanchez, Team Leader at The LINK Real Estate Group. At the peak of COVID-19, 60% to 75% of his firm’s buyers were relocating from New York City. Today, that figure has settled to between ...
Since the pandemic, many Pacific Northwest buyers have shifted their priorities toward space, flexibility, and stronger ties to nature, creating fresh demand for island communities. Camano Island, situated between the Canadian border and Seattle, has managed to attract new residents while maintaining its community character. Median home prices currently sit at around $700,000. That may ...
Central Jersey’s residential market is experiencing a new friction point that headline statistics fail to capture: inspection negotiations have become the top reason real estate transactions fall apart, according to Jose Sanchez, Team Leader at The LINK Real Estate Group. “We’re seeing some difficulties with transactions, especially regarding inspections,” Sanchez says. While sellers often assume ...
Ultra-luxury residential markets operate according to economic signals that differ markedly from those driving mainstream housing, creating a distinct real estate economy that Federal Reserve policy barely influences. While most economists and housing analysts focus on mortgage rates and their impact on home sales, a significant segment of the market remains almost entirely unaffected by ...
For decades, the commercial real estate services industry has relied on a fragmented model, with enterprises assembling networks of local specialists to serve national portfolios. Basm Mohsen, founder and CEO of VIRTUALSPACE.xyz, argues that this approach is reaching its limits as companies confront the operational headaches of managing a patchwork of vendors. “Companies have a ...
The industrial real estate market is no longer driven by the traditional process of companies identifying space needs and hiring brokers to fulfill them. According to Joe Santaularia, president of CORFAC International and EVP/Director of Strategic Investor Relationships at Bradford Commercial Real Estate, deals are now emerging from within supply chain professional networks. Brokers who ...
Drive through Greenville, South Carolina, and you’ll see cranes, new storefronts, and neighborhoods that didn’t exist five years ago. But if you want to buy land in the city itself, options are nearly gone. Greenville has run out of developable land, and that scarcity is pushing builders, investors, and homebuyers into surrounding areas at a ...
South Carolina’s Upstate has become one of the Southeast’s fastest-growing regions, fueled by population inflows, job creation, and expanding manufacturing investment. Yet despite this growth, large tracts of land purchased by builders often remain undeveloped for years. This apparent contradiction — strong growth alongside delayed construction — reflects a deliberate shift in how builders approach ...
Connecticut sellers expecting 2022-style bidding wars are discovering that not every listing is selling quickly or at a premium. While headlines still highlight tight inventory and occasional bidding wars, agents across the state report a growing gap between what sellers hope for and how buyers actually behave in 2024. Nicholas Tarquino, realtor with Carbutti & ...
California’s insurance crisis is has emerged largely from the growing scale and cost of wildfires. As insurers pay out billions in claims and reassess their exposure across the state, they have sharply raised premiums, reduced coverage, or left the market altogether. While the headlines often focus on homeowners in fire-prone areas, renters are increasingly feeling ...
