The latest real estate industry news and announcements
Mortgage industry veteran says consumers are being treated as leads to be sold rather than customers to be served The mortgage industry has a transparency problem that’s costing consumers both time and money, according to Abe Lee, CEO of mortgage technology company Visbl. While other industries have embraced instant, transparent pricing, mortgage lenders continue to ...
In an era where content creators face pressure to constantly feed social algorithms, one real estate expert argues that thoughtful, well-produced content remains the key to building lasting digital authority. Seth Williams, founder of REtipster and a content creator since 2012, says the rush to produce high-volume content often undermines the fundamental goal of building ...
The business case for green building is becoming increasingly clear, with long-term operational savings and rising property values offsetting initial investments, according to certified green realtor and sustainability expert Izumi Tanaka, host of the podcast Home Green Homes. “When you’re considering the total cost of ownership, it makes sense to have those energy efficient equipment,” ...
The head of a financial technology company working in emerging markets says inefficient property verification systems are creating massive barriers to economic development, with some rural banks spending an entire day verifying a single property claim before issuing loans. “A loan officer has to take an entire day and go travel out to the farm… ...
A fundamental shift in buyer behavior is disrupting the traditional property ladder progression in Canadian real estate, according to industry veteran Michael Phinney, President and CEO of Phinney Real Estate. This disruption is creating a ripple effect throughout the market, affecting everything from entry-level condos to luxury properties. The Stalled Domino Effect “There’s sell first, ...
A concerning trend is emerging in Canada’s luxury real estate market as high-net-worth homeowners increasingly look to leave the country, according to Michael Phinney, President and CEO of Phinney Real Estate, one of Royal LePage’s top five teams in Canada. The Tax-Driven Exodus “This year, I’ve heard more than before, there’s a lot of people ...
Real estate technology executive Jackson Reiter argues that systemic inefficiencies in property markets are creating a costly domino effect that impacts everyone from renters to major investors, and he believes artificial intelligence could be the solution. “The inefficiency is making it worse for everyone. And those costs get passed between consumers and the commercial side ...
Despite economic headwinds and market uncertainty, home renovation demand remains surprisingly resilient, according to Block Renovation CEO Julie Kheyfets, who says certain segments of the market are showing particular strength. “Bath and kitchen remodels are always the workhorses of the renovation market,” Kheyfets says, referring specifically to major remodels involving general contractors and potential plumbing ...
A Maine-based real estate leader has pulled back the curtain on what he calls a “three-legged stool” approach to developing genuine market expertise, a system he says has helped his independent brokerage thrive against larger competitors. Dennis Hilton, President of Newcastle Realty, says his firm’s success stems from a rigorous approach to market knowledge that ...
The devastating impact of recent wildfires and extreme weather is driving a fundamental shift in how homes are being built, with resilience becoming as important as sustainability, according to green building expert Izumi Tanaka, host of the podcast Home Green Homes. “People are really looking at building it, not only from the sustainability standpoint, but ...
Commercial real estate owners face a new reality in property insurance as artificial intelligence and data science transform traditional underwriting, according to one industry veteran who argues that decades of accumulated data are now being weaponized to restrict coverage and raise rates. “I often say that I feel like every keystroke I’ve ever put in ...
The rush to implement artificial intelligence risks missing the fundamental point about technology adoption, according to one industry expert with deep experience in both AI and real estate. “The market needs tools that integrate AI into a value chain and AI existing as a horizontal or as a feature is only useful for so long,” ...
Maine’s industrial real estate market is experiencing a significant cooling period after five years of unprecedented growth, according to a veteran broker who sees this as a major shift in one of commercial real estate’s hottest sectors. “Industrial, I think, for the last five years, has probably been the hottest market,” says Samantha Marinko, broker ...
A leading real estate investor is pushing back against widespread predictions that artificial intelligence will decimate office demand, arguing that history shows technological disruption often creates more jobs than it eliminates. “To just assume that humankind will change thousands of years of existence in wanting to leave their homes and go and build things, to ...
Real estate industry veteran Natalie Davis argues that simply including diverse voices isn’t enough – organizations must create environments where people can “show up just as they are,” with their unique cultures and backgrounds celebrated, not just tolerated. The Critical Distinction “When we talk about inclusion itself, we typically think about our space, the environment, ...
