After years of intense seller advantage, the Twin Cities housing market has settled into a more balanced state, not a full buyer’s market, but no longer the frantic bidding environment of 2021 and 2022. With mortgage rates holding in the mid-to-upper 6% range and inventory slowly climbing, the dynamics between buyers and sellers are being ...
Residential Real Estate
Categories
If you’re house hunting in Ithaca right now, you’ve probably noticed something strange. Some homes disappear within days of hitting the market. Others, even ones priced reasonably, sit there. It’s not random. There’s a clear pattern emerging, and knowing which side of it you’re on could save you a lot of time and money. Linda ...
Walk into a real estate conversation in Wayne County or the Finger Lakes right now, and one thing becomes clear: not everything is selling the same way. Some properties are gone before the sign goes in the ground. Others linger for months. Knowing which is which could save buyers or sellers serious money. Luke Cino, ...
In parts of Northern New Jersey, high-end listings are moving faster and attracting more competitive offers than entry-level homes. For buyers who assumed affordable properties were the hot ticket, the numbers say otherwise. Mark Slade, founder and team lead of The Mark Slade Homes Team at Keller Williams in Northern New Jersey, tracks weekly sales ...
In most housing markets, expensive homes are the first to slow when conditions tighten. In South Jersey right now, the opposite is happening, and it’s creating distinct opportunities depending on price point and property condition. High-end, fully finished homes are moving quickly, sometimes with multiple offers. Meanwhile, more modestly priced homes that need work are ...
Low inventory in Greater Rochester has created a common assumption among homeowners: list the house, sit back, and let offers roll in. But agents working the market daily say that thinking is costing sellers real money. Matthew Sharman, team leader of The Sharman Team at Real Broker LLC and one of the top-producing agents in ...
After years of runaway appreciation followed by a correction, Dallas home prices have returned to a trajectory closer to their long-term. Many buyers expected that cooling prices would mean less competition and more breathing room. In some segments, that’s true. But in the $250,000 to $500,000 range, where most first-time and move-up buyers are active, ...
Ask a home seller in Myrtle Beach how the market feels right now, and many will say they’re giving too much away. Buyers are negotiating harder. Offers are coming in below asking. Concessions that would have been unthinkable a few years ago are now part of almost every deal. But there’s a number hiding in ...
A clear divide is playing out in New York City real estate. Renovated apartments and townhomes are selling quickly, sometimes before the listing goes live. Older units with dated kitchens and tired bathrooms are sitting for weeks, collecting price reductions while sellers struggle to understand what went wrong. The difference isn’t location or even price. ...
Brooklyn has had quite a run. Neighborhoods that were considered overlooked a decade ago, Bed-Stuy, Crown Heights, Bushwick, have seen townhouse prices jump from $1 million to $2 million to $3 million to $5 million. Sunset Park quietly became one of the borough’s better values. And during COVID, buyers flooded in looking for space, backyards, ...
Walk into a Central Jersey open house this spring, and you’ll notice something quickly: the freshly renovated home down the street had four groups through on Saturday. The one two blocks over, same size, same neighborhood, but with original 1980s bathrooms, is still sitting. That gap between what’s selling fast and what’s collecting dust is ...
It starts with a phone call. Mom can’t manage the house anymore. Dad passed last year. The kids are scattered across four different states, nobody can take extended time off work, and somehow a four-bedroom house full of 40 years of memories needs to be emptied, repaired, listed, and sold, preferably without anyone having a ...
You scroll through a listing, swipe through the photos, and decide in about 30 seconds whether a home is worth a second look. But those same photos are increasingly doing work behind the scenes, helping determine what the home is actually worth. Real estate companies are now using computer vision, AI that can analyze photos ...
