Sergio Sciortino, a broker associate with Keller Williams Village Square Realty who has worked in Bergen County for over 25 years, says the buyer mix at open houses and in transactions has returned to pre-pandemic norms, despite continued media reports of ongoing urban migration. “I read those headlines too, and I saw all that, and ...
Insurance underwriting standards have become powerful gatekeepers in coastal Florida real estate, forcing homeowners to replace functioning building components to meet requirements that often have little to do with the property’s actual condition. Kathy Batterton, team leader of The Kathy Batterton Team in Pensacola, says her team’s recent experience shows how insurance carriers now control ...
Media headlines calling Cape Coral the worst housing market in America have sparked concern. Still, local real estate leader James Sommers, Team Leader at James Sommers Team, says these narratives overlook key facts about how the market is actually functioning. Instead of a collapse, Sommers sees Cape Coral returning to pre-pandemic sales activity, with transactions ...
A steady migration is redrawing the real estate landscape in secondary markets like Pensacola, as more buyers leave established neighborhoods and city centers in favor of rural properties with acreage. Local real estate professionals say this shift is not just a matter of lifestyle preference but is systematically altering demand patterns and development boundaries across ...
A growing number of experienced multifamily operators are moving away from outsourcing property services to third-party vendors, instead building internal companies that manage everything from construction to insurance. Aaron Manoucheri, co-founder of Manoucheri Brothers, says this approach is a direct response to rising vendor costs and a belief that operational control is now a key ...
When Forty Two Plus LLC, led by founder Jay Olshonsky, acquired Sperry to join its existing Sea Glass franchise, the company faced a challenge familiar to multi-brand operators: how to operate two distinct real estate franchises without creating brand confusion, internal competition, or operational inefficiency. Olshonsky, who serves as CEO of both Sea Glass and ...
In off-grid communities across the Hudson Valley, infrastructure risks that rarely appear in market data are quietly derailing real estate transactions at the inspection stage. While the real estate industry routinely tracks financing issues, appraisal gaps, and inspection problems, one overlooked factor has become the leading cause of failed deals in areas without municipal infrastructure: ...
The residential real estate market is seeing a shift in how properties are bought and sold, especially in areas where lifestyle and amenities matter more than proximity to job centers. Jay Olshonsky, founder of Forty Two Plus LLC and CEO of Sea Glass, a recently expanded residential franchise, sees the main opportunity not in challenging ...
Homebuyers in coastal real estate markets are increasingly at risk of misjudging what they can genuinely afford. According to Lorraine Weber, a Long Island realtor specializing in post-Hurricane Sandy communities, many buyers focus on negotiating the lowest purchase price while overlooking the factors that actually determine their monthly housing costs. This oversight, she says, can ...
Sergio Sciortino, a broker associate with Keller Williams Village Square Realty and a 25-year veteran of the Bergen County market, says the gap between pandemic-era mortgage rates and today’s borrowing costs has fundamentally changed seller behavior. Many homeowners who locked in rates below 4%, some as low as 2% or 3%, are now opting to ...
With rapid appreciation no longer a given, investors are shifting their focus to dependable income and the equity gained through disciplined amortization. The era of effortless real estate appreciation, fueled by historically low interest rates and post-pandemic fervor, has definitively ended, forcing a painful but necessary philosophical reset among investors. For years, many sought wealth ...
While headlines focus on Brooklyn’s soaring median prices, the real action in New York real estate is happening at the ground level, where the pace of deals is outstripping what most buyers – and even some agents – expect. Patrick Dominique, a realtor at One Stop Agency specializing in Queens, Nassau County, and Brooklyn, says ...
In Bergen County’s current real estate market, where homes routinely sell above asking price and inventory remains tight, the biggest obstacle to closing deals is not price but property condition. Paula Clark, a 30-year industry veteran and team leader of The Paula Clark Group, reports that inspection contingencies have become the primary source of negotiation—and ...
Bergen County, New Jersey, stands apart from other suburban markets, maintaining strong home prices despite broader affordability pressures. The key factor is its unmatched proximity to Manhattan, which creates demand that neighboring regions cannot match. According to Paula Clark, a 30-year real estate veteran and team leader at The Paula Clark Group, this geographic advantage ...
The Florida Keys luxury real estate market is showing a counterintuitive trend: sales of canal-front homes have surged nearly 59% over the past year, even as average prices have dropped by 9%. At first glance, this divergence might suggest distress or weakening demand. But according to Michaela Walters, Broker Associate at Walters Luxury Group, the ...
