Demand for apartments remains strong, but high construction costs, financing challenges, land shortages and regulations will slow development in the coming months.
Sellers have been turning to auctions when conventional sales methods don’t work, but some are seeing lower-than-expected sale prices or no sale at all.
High financing costs, geopolitics and AI innovations are among the most pressing topics facing real estate in the year ahead, the Counselors of Real Estate said.
Many homeowners would rather do smaller projects themselves, such as interior painting and installing light fixtures, to save money instead of hiring a pro.
Rentership rates are lower in metros where it’s been more affordable to buy a home. Cape Coral has the lowest share of renter households among the metros analyzed.