A local broker says rising home values and property taxes that often exceed $30,000 a year are creating an affordability problem in Bergen County and could threaten long-term market stability. Christian Di Stasio, broker associate and managing principal at the Christian Di Stasio Group, says the challenge is not a temporary market fluctuation but a ...
As hundreds of new single-family homes are built each month in the Wilmington area, many landlords are purchasing properties based on personal preference rather than actual rental market data, according to Catherine Huffman, co-owner of Keyrenter Wilmington. This disconnect is leading to a growing number of underperforming rentals, with more vacancies and lower rents than ...
As most of the residential real estate market cools from pandemic-era highs, one segment is moving at a surprising pace: small investment properties. According to Jillian Kemmerer, owner and associate broker at Luxe Homes Real Estate LLC in Scranton, Pennsylvania, duplexes and triplexes are attracting buyers far faster than traditional single-family homes. “If anything is ...
Rising utility costs are eroding rental property returns in ways many investors overlook, according to Jillian Kemmerer, who manages more than 400 rental properties at Luxe Homes Real Estate LLC. “Utility costs are skyrocketing,” Kemmerer says. “And if the landlords have to absorb those costs, there’s really no way to mitigate that.” This pressure is ...
In most parts of the country, a $5 million home would dominate the luxury market. In Silicon Valley, it can feel almost ordinary. In this elite pocket of California, properties priced between $5 million and $10 million are lingering for weeks and often facing price reductions, while estates above $15 million are attracting multiple offers ...
In today’s moderate-price real estate markets, even a small pricing mistake can mean the difference between a quick sale and a listing that goes stale. That’s the reality Lynn LaForme, a top-producing agent at Showcase Realty in Waterbury, Connecticut, encounters daily. With over $120 million in residential sales, LaForme says the days of “testing the ...
South Florida’s affordable housing shortage is forcing architects and developers to rethink how they design, finance, and operate new projects. The challenge goes far beyond cutting costs; it requires a complete recalibration of what makes a project viable in a market shaped by new workforce housing requirements and rising development expenses. Nicolas Pinzon, Associate Principal ...
Manhattan residential buyers are making a costly mistake by focusing solely on interest rates, according to Justin Neissani, a licensed real estate salesperson at The Corcoran Group. Although many buyers hesitate to act because mortgage rates are in the six percent range, Neissani argues that this narrow focus overlooks a key market reality: the purchase ...
The real estate industry is still grappling with the fallout from a series of high-profile lawsuits that challenged how agents are paid and how those payments are made clear to buyers. The main issue was that in many transactions, although the seller paid the buyer’s agent’s commission at closing, that money came from the home ...
California’s affordable housing debate is dominated by calls to build more units, faster. Lawmakers announce new construction projects. Advocates push for streamlined approvals. Headlines celebrate ribbon-cuttings for new developments. But behind the scenes, a quieter crisis is unfolding. The challenge is not just building new housing – it’s keeping existing affordable buildings financially stable so ...
The Dallas-Fort Worth rental market, long seen as attractive to investors, is showing signs of a cash-flow crisis. Despite steady buyer interest and continued investment in rental acquisitions, many investors report that their properties are not generating the income they expected. Justin Nimergood, a real estate advisor with Nimergood Real Estate in partnership with Epique ...
A senior real estate executive says the widely reported weakness in the Florida condo market is overstated because overpriced listings distort the data. At the same time, well-priced properties continue to sell at a steady pace. The Statistical Distortion Florida’s condominium market has attracted negative headlines for over a year: prices are falling, listings linger ...
High-net-worth buyers are increasingly purchasing Florida luxury real estate through financial intermediaries, often without plans to live in the homes. The shift is reshaping pricing strategies, marketing, and negotiation dynamics across the state’s top luxury markets. The Intermediary Takeover A new model is emerging in Florida’s luxury real estate scene, according to Chris Anthony, senior ...
The residential development industry faces a fundamental mismatch between how it finances projects and how high-performance construction creates value, according to Cary DeCamp, Managing Director of Kala Performance Homes. This disconnect explains why passive house and similar building standards remain niche, even though they offer long-term economic benefits. DeCamp says that the main obstacle is ...
Most homebuyers never realize that the new house they purchased is likely built to low-quality standards, according to Cary DeCamp, Managing Director of Kala Performance Homes. He says the gap between what buyers expect and what they actually receive is both common and costly. “They have no idea how thin the walls are. They have ...
