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 ...
When real estate deals fall apart, agents often blame the home inspection. MLS listings routinely cite “inspection issues” or claim “buyer did not perform” when properties return to the market. But Artur Tyszka, co-lead of the Tyszka Team at Keller Williams in Wayne, New Jersey, says this explanation misses the real problem. “Most deals fall ...
Florida’s coastal real estate markets are facing a marked shift in international participation, as Canadian and European buyers pull back and foreign owners list properties at a higher rate. According to Bob Ruiz, a realtor with Ruiz Group SRQ at William Raveis Real Estate, this reversal is adding pressure to markets already struggling with excess ...
Rising inventory in Northeast Florida has changed how real estate agents approach pricing, according to Shelby Hodges, team leader at The Shelby Hodges Group in St. Augustine. Instead of setting a firm listing price based on their expertise, agents now present sellers with a data-driven price range and allow them to choose the final number, ...
Earlier this year, an overseas property owner discovered a costly breakdown in communication with his Miami property manager. After weeks without updates or rent transfers, he learned the manager had covered building expenses out of pocket and was redirecting rent to reimburse himself—without informing the owner. The dispute ended up in court, but the situation ...
A significant pricing war is taking shape in Florida real estate markets, as builders use deep discounts and below-market mortgage rates to move inventory. This strategy, according to veteran realtor Bob Ruiz of Ruiz Group SRQ at William Raveis Real Estate, has created a market where homeowners who bought in the past two years cannot ...
A practical solution to Connecticut’s housing shortage is gaining traction in Danbury: converting vacant or underused hotels and motels into apartments. Waleed Albakry, Planning Director for the City of Danbury, says the city is among the top municipalities in Connecticut for this type of adaptive reuse, turning long-closed hotel properties into new residential buildings with ...
High mortgage rates and persistent home prices are forcing buyers in Northern Virginia to reconsider where they can afford to live, according to Desiree Rejeili, Principal/Owner of Desiree Sells Homes LLC. Rejeili, who works with buyers across the region, says that neighborhoods once considered the default for move-up buyers, such as Arlington and Alexandria, are ...
Suburban real estate values are being redefined, according to Connecticut broker Todd Gibbons, who says the longstanding appeal of rural seclusion has given way to a new priority: paying more for homes and condos within walking distance of shops, restaurants, and downtown amenities. Gibbons, Founder and Principal of Boost Real Estate Group, points to recent ...
Grande Prairie, Alberta, is facing an unprecedented housing shortage that has upended the way homes are bought and sold. Active listings have collapsed from 410 single-family homes to just 61, according to Chris Cline, a leading Realtor at Grassroots Realty Group who has tracked the market for nearly 20 years. With a population of about ...
Fort Wayne city officials were given a bold promise by Swa, a global planning and landscape architecture firm: invest in top-tier public riverfront spaces, and private developers will respond with nearly $10 of private investment for every public dollar spent. Alec Johnson, Deputy Director of Redevelopment for the City of Fort Wayne, says that prediction ...
The Southwest Florida luxury market has spent the past three years doing something that might look like stagnation: sales volumes have returned to pre-pandemic levels, prices have stabilized, and homes are taking longer to sell. Compared to the frenzy of 2021, this market has lost momentum. But Mary Bartos, team leader at The Bartos Group ...
Colorado’s new tenant protection laws, enacted in spring and summer 2024, are driving many small landlords out of the rental market, says Christine Belin, a Denver-based real estate broker at Evernest. While these laws aim to protect renters, Belin argues they are forcing mom-and-pop landlords, those who own just one or a few properties, to ...
