Micro-market differences in the lower Hudson Valley are creating buying opportunities many house hunters overlook, according to Jason Madison, a licensed real estate salesperson with Stevens Real Estate who covers Orange, Dutchess, and Ulster counties. What appears to be one market is actually a patchwork of distinct local economies separated by short drives. “In the ...
According to a local realtor, inspection findings are the most common reason home sales fall through at the Jersey Shore, as buyers regain leverage and refuse to accept unresolved property defects. After years when financing and appraisal shortfalls dominated real estate headlines, Dylan Smith, a realtor with Chris Smith Realty in Spring Lake, New Jersey, ...
A realtor with a corporate pricing background says many agents rely on intuition rather than formal pricing methods. She argues this can lead to overpricing and lower seller proceeds, especially as markets normalize. Carly Ringer, a realtor with Keller Williams Realty Spring Lake who spent 13 years analyzing pricing and advertising for major corporations before ...
A new pattern is taking hold in Jersey Shore real estate: sellers are increasingly willing to walk away from deals during the inspection period, confident that backup buyers are ready to step in. But Carly Ringer, a realtor with Keller Williams Realty Spring Lake and 13 years of corporate pricing analytics experience, says the strategy ...
Within a 100-mile stretch of Florida’s Gulf Coast, rules for short-term rentals vary so widely that identical properties can operate legally in one county and be banned in the next, leaving investment outcomes dependent on local regulations rather than property quality. The Regulatory Patchwork Florida’s short-term rental market is divided by local regulations that can ...
Anyone considering buying or selling property in Texas is entering a market that looks very different from how it did just a few years ago. Downtown office towers in Houston are sitting vacant and being considered for apartment conversions, large-scale data center projects are driving up demand for land near power infrastructure in Houston and ...
After a difficult 2023, the commercial real estate lending market has rebounded. Lenders are actively competing for deals again, and transaction volume has surged. However, according to Brandon Chicotsky, Managing Principal at God Bless Retirement, this recovery has come with a lasting change in how assets are evaluated and financed. Chicotsky describes the shift simply: ...
The Wilmington rental market shows a clear split in performance by bedroom count, a factor now determining which properties succeed and which struggle. Catherine Huffman, co-owner of Keyrenter Wilmington, reports that rents for three-bedroom and larger homes have increased year over year, while two-bedroom units have declined over the same period. “Three bedrooms and up ...
A mountain pass separating Wyoming from Idaho marks more than a geographic boundary. It reflects a 6.5% tax difference, influencing where affluent real estate buyers invest. Traditionally, real estate agents in vacation markets have advised clients based on lifestyle factors such as recreation, scenery, and amenities. Samuel Haack, associate broker at Berkshire Hathaway HomeServices Brokers ...
Hartford’s effort to convert vacant office buildings into housing reveals the limits of adaptive reuse as a large-scale solution. The city’s experience shows the idea is appealing, but execution challenges often make broad policy goals unworkable. David Steuber, Executive Director of the Capital Region Development Authority (CRDA), says the main obstacle is that each building ...
A local broker says rising home values and property taxes that often exceed $30,000 a year are creating an affordability problem in Bergen County and could threaten long-term market stability. Christian Di Stasio, broker associate and managing principal at the Christian Di Stasio Group, says the challenge is not a temporary market fluctuation but a ...
The rapid expansion of artificial intelligence in the United States is driving unprecedented demand for data center infrastructure. Yet in many secondary and tertiary markets, local opposition, often fueled by misunderstandings about data center operations, has become a major barrier to new development. Steve Zuber, Principal at BARBERMURPHY, says that in much of the Midwest, ...
In most parts of the country, a $5 million home would dominate the luxury market. In Silicon Valley, it can feel almost ordinary. In this elite pocket of California, properties priced between $5 million and $10 million are lingering for weeks and often facing price reductions, while estates above $15 million are attracting multiple offers ...
Public construction projects are supposed to be carefully priced to protect taxpayer money. But for decades, contractors have relied on guesswork when estimating costs for materials, labor, and equipment. The difference between bids can be enormous, and when estimates miss the mark, communities often pay the price through delays, budget overruns, or fewer projects completed ...
In today’s moderate-price real estate markets, even a small pricing mistake can mean the difference between a quick sale and a listing that goes stale. That’s the reality Lynn LaForme, a top-producing agent at Showcase Realty in Waterbury, Connecticut, encounters daily. With over $120 million in residential sales, LaForme says the days of “testing the ...
