High rental costs in Queens are now pushing renters into homeownership, outweighing concerns about elevated mortgage rates. This trend contrasts with the broader national focus on interest rate sensitivity. According to Shanie Baran, CEO and licensed real estate broker at Sovereign Realty of NY, renters paying $3,000 to $3,500 per month for three-bedroom apartments are ...
South Jersey is experiencing an outflow of residents, primarily due to New Jersey’s high property tax burden, according to Michelle Roberts, team lead at The Roberts Realty Team with Keller Williams Realty in Cherry Hill. Roberts says she currently has five clients preparing to list their homes to relocate to lower-tax states. This pattern contrasts ...
Real estate investment performance is often determined long before construction starts or a property opens. While many developers focus on acquisitions, financing, or construction execution, the real difference between success and failure is whether a deal is properly validated before capital is committed. Early-stage assumptions about demand, cost, and performance frequently go unchecked—and those gaps ...
Residential buyers in the Chicago market are paying between $800 and $1,000 per transaction for inspections, according to Kevin Burke, team lead at The Kevin Burke Team at RE/MAX 10. These costs often include home inspections, sewer scopes, termite checks, and radon testing. The added expense and complexity are creating opportunities for agents with construction ...
The influx of out-of-state buyers is reshaping Pocatello’s newly built homes market. While these buyers see new homes as more affordable than what they left behind, local buyers often see the same properties as too expensive to afford. In Pocatello, about 75 percent of new homes buyers come from out of state, while only about ...
The mortgage industry’s shift toward call centers, digital-first platforms, and price-driven marketing has eroded trust and left many borrowers unable to distinguish true advisory value from the lure of the lowest advertised rates. Josh Lewis, owner of BuyWise Mortgage, says this race to the bottom on price is producing some of the worst borrower outcomes ...
St. Paul’s downtown recovery strategy highlights a core reality of urban real estate. In distressed city centers, properties are never neutral. They either help drive revitalization or deepen decline, leaving little room for gradual stabilization. Traditional thinking about downtown turnarounds assumes that slow, incremental improvements and patient investment will eventually steady struggling urban cores. However, ...
Five years ago, Central New Jersey buyers often prioritized large backyards and formal dining rooms. Today, those features rarely come up in early conversations. Instead, buyers begin their search by focusing on practical lifestyle needs such as internet reliability, commute times to New York City, walkability to downtown areas, and overall daily convenience. Alex Monaco, ...
San Clemente, California, once a mostly local market, is now drawing a steady flow of investors and second-home buyers from Los Angeles, inland Orange County, and out of state. Recent deals include a Tustin doctor purchasing a four-unit property for part-time use while renting out the remaining units, and a Pasadena couple buying a small ...
While national real estate coverage focuses on inventory surpluses and market corrections, Central New Jersey’s residential market continues to operate under very different conditions. Inventory levels remain about 40 to 50 percent below 2019 benchmarks, according to Robert Webb, broker associate at RE/MAX Supreme and lead agent of the Destination NJ Home Selling Team. This ...
Simultaneous buy-sell transactions have become routine in South Orange County, California, marking a clear break from the multiple-offer environment that dominated the market three years ago. According to Leilani Serrao-Baker, founder and Realtor at Civitas Realty, buyers with contingencies are no longer at the bottom of the offer pile. Sellers are increasingly willing to accept ...
A single median price often summarizes Santa Barbara’s residential market, but this figure conceals a sharp divide between high-end luxury homes and the broader market. Combining sales from Montecito and Hope Ranch with those from more typical neighborhoods creates a misleading impression of overall strength and masks declines across most price segments. According to Mark ...
Out-of-state investors are driving up prices for rental properties in Des Moines, Iowa, by accepting lower returns than local buyers have traditionally required. According to Scott Wendl, broker/owner of RE/MAX Precision in Des Moines, this shift is making it harder for local investors to justify purchasing duplexes, triplexes, and fourplexes at current prices. Wendl says ...
In high-demand suburbs including Naperville and Aurora, Illinois, more buyers are walking away from deals after winning bidding wars. The cause is not inspection or financing issues, but immediate regret, according to Lisa Byrne, team lead at The Byrne Group at Baird & Warner. Byrne describes this pattern as buyer fickleness, suggesting the market’s apparent ...
Sheila Smith Oliver, Founder and Principal Broker at Dwellverse Group, reports that Abilene, Texas, is attracting a surge of investor interest that now rivals activity in Austin and Dallas. The catalyst is not lifestyle amenities or tourism, but infrastructure. Major data center developments and long-term construction projects are fueling demand for furnished rentals among workers ...
