Central Jersey’s residential market is experiencing a new friction point that headline statistics fail to capture: inspection negotiations have become the top reason real estate transactions fall apart, according to Jose Sanchez, Team Leader at The LINK Real Estate Group. “We’re seeing some difficulties with transactions, especially regarding inspections,” Sanchez says. While sellers often assume ...
Ultra-luxury residential markets operate according to economic signals that differ markedly from those driving mainstream housing, creating a distinct real estate economy that Federal Reserve policy barely influences. While most economists and housing analysts focus on mortgage rates and their impact on home sales, a significant segment of the market remains almost entirely unaffected by ...
Drive through Greenville, South Carolina, and you’ll see cranes, new storefronts, and neighborhoods that didn’t exist five years ago. But if you want to buy land in the city itself, options are nearly gone. Greenville has run out of developable land, and that scarcity is pushing builders, investors, and homebuyers into surrounding areas at a ...
South Carolina’s Upstate has become one of the Southeast’s fastest-growing regions, fueled by population inflows, job creation, and expanding manufacturing investment. Yet despite this growth, large tracts of land purchased by builders often remain undeveloped for years. This apparent contradiction — strong growth alongside delayed construction — reflects a deliberate shift in how builders approach ...
Just a few years ago, Spartanburg, South Carolina, was often dismissed by real estate professionals as too undeveloped and too distant from Greenville’s activity to attract serious growth. Today, that perception has changed. Land prices are rising in the area, national and local builders are buying up property, and the city has emerged as the ...
Connecticut sellers expecting 2022-style bidding wars are discovering that not every listing is selling quickly or at a premium. While headlines still highlight tight inventory and occasional bidding wars, agents across the state report a growing gap between what sellers hope for and how buyers actually behave in 2024. Nicholas Tarquino, realtor with Carbutti & ...
Real estate sales operate differently from other high-value transactions, according to Jason Madison, a licensed real estate salesperson with Stevens Real Estate. He spent 16 years in automotive sales before moving into real estate in 2022. Madison says real estate clients expect a relationship before discussing a transaction. “There’s nobody I’ve met who will let ...
California’s insurance crisis is has emerged largely from the growing scale and cost of wildfires. As insurers pay out billions in claims and reassess their exposure across the state, they have sharply raised premiums, reduced coverage, or left the market altogether. While the headlines often focus on homeowners in fire-prone areas, renters are increasingly feeling ...
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 ...
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 ...
After years of momentum-driven buying, investor behavior in Connecticut’s residential real estate market has changed dramatically. Buyers who once purchased properties sight unseen are now walking away from deals that fail to meet financial criteria, according to Lynn LaForme, a realtor at Showcase Realty who specializes in multifamily properties in the Waterbury area. During the ...
