Bay Area single-family home prices have reached new records despite high interest rates, defying national trends and challenging the traditional belief that mortgage costs are the primary force behind real estate markets. According to Spencer Hsu, Team Lead at eXp Realty of California, Bay Area buyers are largely insulated from rate fluctuations because their purchasing ...
Many would-be investors assume Santa Fe’s commercial real estate market is reserved for deep-pocketed developers or industry insiders. In reality, smaller investors are finding viable opportunities, often by setting aside the conventional wisdom that keeps others on the sidelines. Tai Bixby, a senior associate at Real Estate Advisors LLC and a 20-year veteran of Santa ...
Investors buying vacation rental condominiums on the Gulf Coast pay higher fees and face longer approval times when using national lending platforms or out-of-state lenders. Local real estate professionals say financing for income-producing condos is fundamentally different from primary residence mortgages, and lenders without regional experience often struggle to meet specific requirements efficiently. Kristy Bushaw, ...
Across the New York metropolitan region, higher interest rates are making it harder for traditional commercial real estate investors to justify acquisitions, slowing investment sales and changing who is driving transactions. Jason Horowitz, Broker of Record at Triforce Commercial Real Estate, says many properties that once attracted investor demand no longer produce viable returns at ...
Silicon Valley’s real estate market is slowing down, and immigration policy uncertainty is a bigger factor than mortgage rates. That is the assessment of Amol Heda, Broker Associate at KW Bay Area Estates in Los Gatos. Heda says skilled immigrants on H-1B visas and similar programs, who make up a large share of the Bay ...
Philadelphia is experiencing a reversal in migration trends. Empty nesters who moved to the city before the pandemic are now returning to the suburbs. This shift reflects changing perceptions of city living since COVID-19 and growing concerns over public school quality, both of which are contributing to higher condo turnover and reduced demand for urban ...
Buyer activity in New Jersey shore communities has declined sharply over the past four years. Properties that once attracted 20 to 30 competing offers now typically receive only two or three serious bids. Steven Kozusko, a Realtor with CENTURY 21 Thomson & Co., says this steep drop in competition is changing how deals are made ...
Extended delays in Brevard County’s planning process are forcing developers to commit to land purchases long before they know if their projects will be viable under future market conditions. The result is a growing mismatch between when developers sign purchase agreements and when they can actually break ground. This challenge is reshaping how deals are ...
International real estate developers entering the US market face a capital access barrier unrelated to their financial strength or project quality. The main obstacle is not underwriting standards but the relationship-driven nature of US lending, which prioritizes local track record and trust over foreign credentials. US lenders evaluate foreign developers as unproven operators, regardless of ...
As artificial intelligence becomes capable of replicating voices, generating content, and creating convincing digital personas, real estate professionals with authentic personal brands and industry credibility hold a clear advantage that AI cannot easily duplicate. James Huang, Managing Director of Commercial Real Estate at RESAAS Services Inc., says the rise of AI-generated content is making trust ...
Scottsdale’s luxury real estate market is undergoing a decisive shift in what buyers value most. Location now eclipses traditional metrics like square footage and bedroom count. Kevin Weil, Associate at RE/MAX Excalibur, reports that affluent buyers are paying premiums for homes near urban centers such as Old Town and Kierland. At the same time, properties ...
Houston’s housing market is following a path distinct from the sharper downturns seen in Austin, Boston, and other major metros. Mark Lee, Co-Founder and Partner at Absolute Properties, points to the city’s economic diversification and steady population growth as key factors that have prevented the severe corrections seen in other markets. Lee observes that housing ...
Scottsdale’s real estate market is being shaped less by local buyers and more by an influx of affluent out-of-state buyers purchasing second homes. According to Kevin Weil, Associate at RE/MAX Excalibur, second-home buyers are providing critical price support, even as other signs point to a slowing market. While many observers focus on primary residence demand ...
When the National Association of Realtors (NAR) settlement changed how real estate commissions are handled, many in the industry expected listing agents’ pay to fall. The prevailing view was that sellers would stop paying buyer’s agents, and listing agents would have to lower their own fees to remain competitive. According to Brian Maser, Founder and ...
California’s proposed billionaire tax is prompting wealthy residents to buy more real estate to protect their assets, according to Suzanne Dyer, Realtor® at The Dyer Group at Strand Hill. The proposal targets individuals with a net worth above $1 billion but exempts real estate investments from the wealth calculation. As a result, wealthy Californians are ...
