Three years ago, buying a house in Austin and listing it on Airbnb almost guaranteed steady income. Today, the landscape has changed dramatically. Nearly 13,000 short-term rentals now compete for guests — triple the number from seven years ago — forcing hosts to rethink their approach. Lucas Piper has witnessed this change firsthand. He began ...
The repair inspection period is now the leading cause of contract cancellations in residential real estate, according to Tony Ray Baker, associate at The Tony Ray Baker Team at RE/MAX Fine Properties. Baker, who reports a 99% closing rate over 31 years, says most deals that collapse do so during repair negotiations, not because of ...
Infrastructure efficiency and practical amenities are overtaking brand prestige as the main drivers of ultra-high-net-worth migration to South Florida, with Fort Lauderdale attracting buyers who want to avoid the congestion of competing luxury markets. While Miami and Palm Beach remain the focus of international real estate attention, Fort Lauderdale is drawing a different but equally ...
Over the past five years, the priorities of Tampa’s luxury homebuyers have changed dramatically. Formal dining rooms and sprawling backyards have faded from the top of wish lists, replaced by concerns about storm safety and low-maintenance living. According to Jose Cardenas, real estate advisor and principal at Premier Sotheby’s International Realty, buyers now ask about ...
Ultra-high-net-worth buyers in South Florida are turning away from custom construction projects and favoring turnkey properties, marking a clear change in how the region’s luxury real estate operates. According to Tim Elmes, Founder and Lead Agent at Elmes Group at Compass, the appetite for building or finishing homes from scratch has faded since the pandemic. ...
San Tan Valley’s incorporation marks the largest single shift from county to city governance in U.S. history, with about 100,000 residents moving from Pinal County jurisdiction to self-governance in a single transition. Stephen Miller, District 3 Supervisor for Pinal County, said the move followed three separate votes over fifteen years, prompted by residents’ frustration with ...
Arizona’s assured water supply certificate requirement has stalled residential development in Pinal County for nearly a decade, even as nearby regions facing identical restrictions resolved the issue within months. Since 2013, the Arizona Department of Water Resources (ADWR) has blocked new residential subdivisions in Pinal County by labeling all pending water certificate applications “incomplete” without ...
The idea that high interest rates are keeping first-time buyers out of Bergen County’s housing market misses the real obstacle, according to Gina Gerszberg, broker salesperson at Douglas Elliman Real Estate. While rates get most of the attention, Gerszberg says the real hurdle for new buyers is the size of the down payment needed to ...
Sarasota’s real estate market is experiencing a surge in new construction, with large developments drawing buyers away from existing homes and creating new challenges for existing homeowners. While thousands of new houses are rising in communities like Sea Flower and Lakewood Ranch, homeowners listing older properties are struggling to attract buyers and are being forced ...
For years, many would-be Florida buyers have hesitated, citing rising property taxes, insurance costs, and concerns about hurricanes. But a major policy shift could soon change that equation. The governor’s office is advancing a proposal to provide significant property tax relief for Florida homeowners, including the potential elimination of property taxes for those with a ...
Heading into 2025, analysts were nearly unanimous: falling interest rates and growing inventory would finally hand first-time buyers their moment. Starter homes under $300,000 would move fast. The entry-level market would boom. It did — just not where anyone expected. Site-built starter homes are sitting. Meanwhile, manufactured housing communities in Phoenix and Largo, Florida are ...
Idaho has long promised affordability and opportunity. In Canyon County’s housing market, that promise is getting harder to keep. Investors are rapidly purchasing a wide range of properties — from single-family homes to condos and townhouses — while first-time buyers are finding it increasingly difficult to compete. Yet the market isn’t monolithic. Investor activity is ...
The era of pandemic-driven real estate in Hampton Roads, when homes sold within days regardless of season, has ended. Sellers accustomed to immediate offers and bidding wars now face a slower, more deliberate market. Dan Patton, a realtor with Prodigy Realty LLC, says the region has returned to a normal seasonal market, where homes listed ...
While national headlines focus on mortgage rates as the main force shaping the housing market, John Finn, Jr., Senior Managing Broker at United Real Estate Richmond, says this misses the real problem: a persistent shortage of homes for sale. According to Finn, the main constraint isn’t financing — it’s inventory — and that scarcity is ...
As Phoenix’s housing market grows more competitive, locals are paying close attention to a handful of neighborhoods where new investment, infrastructure, and job growth are quietly taking hold. These areas aren’t the ones dominating headlines or sparking bidding wars like Scottsdale or Arcadia, but they’re seeing steady momentum as buyers and developers move in ahead ...
