Austin’s multifamily market is grappling with significant oversupply, particularly in the luxury segment, as developers’ aggressive building programs have outpaced population growth, according to a veteran local property manager. “We built all these brand new units, and we just don’t have the population coming here now,” says Mike Martine, VP of Martine Properties, describing what ...
The credit bureaus’ practice of selling consumer mortgage application data without explicit consent represents a “categorically wrong” violation of privacy that needs immediate reform, according to Brendan McKay, Chief Advocacy Officer of the Broker Action Coalition. “The credit bureaus are private, publicly traded companies on stock exchanges, and they get to sell consumer data without ...
The Austin real estate market is in a period of adjustment. After an unprecedented surge during the pandemic years, activity has slowed and the landscape is shifting. Mike Martine, Vice President of Martine Properties, a family-owned real estate company that has served Austin since 1979, has witnessed these changes firsthand. “The market noticeably slowed after ...
After a historic run of rapid appreciation, the South Florida real estate market is beginning to cool. Larry Mastropieri, Broker and Owner of The Mastropieri Group, a boutique luxury brokerage serving the region, puts it plainly. “The real estate market is softening. That’s probably the most accurate, fair way to say what’s happening,” he says. ...
With over 15 years in the Tampa Bay real estate market and a team that consistently closes around 300 transactions annually, Jeffrey Borham, Team Owner of Team Borham at eXp Realty, offers a perspective that challenges national narratives about Florida’s real estate market. His insights reveal opportunities that may be overlooked by those relying solely ...
Florida’s real estate market may no longer be grabbing headlines for record-breaking growth, but that does not mean it is in decline. According to Tim Weisheyer, President of Florida Realtors, the state is undergoing a long-overdue correction. “Florida was on a major increase pre-pandemic, and the pandemic only accelerated that growth with new residents moving ...
While housing affordability dominates headlines and rectangular apartment blocks multiply across urban landscapes, one development firm is charting a different course. Cedar Street Partners is prioritizing thoughtful design, mixed-use functionality, and community benefits in ways that serve multiple stakeholders simultaneously. “We’re focused on creating places that people will enjoy and savor. We don’t have enough ...
California’s housing crisis has reached a critical point and one organization is working to shift the tide. What began over 25 years ago as a San Francisco-based initiative, the Housing Action Coalition has grown into a statewide advocacy group pushing for more housing across all income levels and reshaping how the state approaches development. “If ...
As affordable housing challenges grow across American cities, DePaul University’s Institute for Housing Studies (IHS) has developed an effective model where research directly informs real-world housing strategies. Unlike conventional academic research often limited to scholarly journals, IHS produces actionable insights that community organizations, policymakers, and developers can readily implement. “Our applied research model is intended ...
With office vacancy rates nearing 20% and many older buildings failing to draw tenants, Washington, D.C. is confronting a major commercial real estate challenge. At the same time, city officials and developers see potential to rethink and repurpose parts of the nation’s capital. “Real estate evolves over time. It changes. It shouldn’t be something that ...
Home values in Stamford, Connecticut, have climbed sharply in recent years, reshaping the market for both buyers and sellers. Properties that once sold for under $700,000 are now approaching or surpassing the million-dollar mark. “A house that sold for $650,000 in 2019 is now listing at $899,000 and selling for close to a million,” says ...
The palm-lined streets of Bel Air, Pacific Palisades, and other prestigious neighborhoods north of Sunset Boulevard have long represented the pinnacle of California luxury living. But a combination of climate change, devastating wildfires, and insurance industry upheaval is significantly altering the economics of high-end real estate in these coveted areas. “When you’re buying a house ...
With median home prices exceeding $800,000 and many residents spending over half their income on rent, California’s housing crisis requires decisive action. Two significant policy approaches are gaining traction: strengthened housing element requirements through Senate Bill 828 and the expansion of ministerial approval processes that eliminate lengthy, unpredictable reviews. “Building more housing isn’t going to ...
In today’s evolving commercial real estate landscape, data-driven decision making has transitioned from competitive advantage to absolute necessity. As organizations navigate the complexities of hybrid work models, cost optimization, and sustainability requirements, occupancy intelligence has emerged as a critical tool for forward-thinking CRE leaders. “Traditional methods of planning and allocating space based on headcount alone ...
“Housing has become unaffordable, so people are now viewing renting as a positive alternative where you can save money and invest it elsewhere,” observes Rob Golfi, Team Leader at RE/MAX Golfi Team, highlighting a significant change in how North Americans approach housing. For decades, the traditional path to financial security has been clear: buy a ...
