Long Island landlords face a significant financial risk: eviction timelines in New York can extend from 12 to 18 months. During that period, property owners may receive no rental income while continuing to pay mortgage obligations, legal fees, and repair costs. Jeffrey Memisha, a licensed sales associate at Realty Advisors Inc., says New York’s tenant-favorable ...
Rising regulatory and compliance costs have pushed the per-unit price of subsidized affordable housing above that of market-rate projects, according to Marc Norman, Associate Dean at NYU School of Professional Studies Schack Institute of Real Estate. Developers now face a system in which building subsidized affordable units often costs more and takes longer than constructing ...
Investor visa qualifications are now a major factor in property purchases in Panama. This trend has created a buyer segment that operates outside traditional real estate norms, says Jeffrey Barton, Managing Director of Punta Pacifica Realty. Panama’s real estate market is seeing more buyers motivated by securing legal residency than by rental income or long-term ...
Jeff Barton, Managing Director of Punta Pacifica Realty, says new pre-construction developments in Panama are priced between $3,500 and $5,000 per square meter, about 40% higher than resale units built between 2010 and 2020. Despite this steep premium, buyers are increasingly choosing new construction, motivated by factors that go well beyond traditional price-per-square-meter calculations. “New ...
The restoration of 100% bonus depreciation through 2029 has triggered a surge of out-of-state investors buying Florida short-term rentals without visiting them. This trend is changing buyer profiles and motivations in Gulf Coast markets. The Invisible Buyer Wave Florida’s short-term rental market is attracting investors who buy properties without visiting them. These buyers are motivated ...
The commercial real estate industry is facing a sharp decline in the effectiveness of cold calling, and Joe Santaularia says artificial intelligence is a major reason. As AI-powered prospecting platforms automate email campaigns, dialing, and personalized outreach at scale, brokers are sending exponentially more messages than ever before. The result, says Santaularia, president of CORFAC ...
Secondary and tertiary markets along interstate corridors are attracting more interest from manufacturers. These companies are seeking lower property costs and reliable labor pools, advantages that now surpass those in primary markets. Steve Zuber, Principal at BARBERMURPHY, reports that his firm is seeing a growing number of companies consolidating operations into single facilities in these ...
A new wave of demand for industrial real estate is emerging in the Midwest as waste-to-energy technology finally becomes economically viable. Facilities that convert solid waste into energy or fuel products, which were once a niche segment, are now attracting significant attention from brokers and investors, especially in secondary markets. Steve Zuber, Principal at BARBERMURPHY, ...
Brooklyn’s townhouse market is seeing a noticeable change in who is buying and how they use these properties. Townhouses, once marketed mainly as single-family homes, are now increasingly bought to house multiple generations of the same family. Tali Berzak, a Compass realtor working in Bedford-Stuyvesant and nearby neighborhoods, says this shift reflects how families are ...
For the past five years, Westchester and Yonkers have become the next step for New York City residents who can no longer afford Manhattan or the outer boroughs. Data supports this story: prices in Yonkers have climbed 6 to 11 percent year over year, with some neighborhoods appreciating even faster. However, beneath these headline numbers ...
Connecticut’s shoreline properties follow a different economic logic than the rest of the state’s residential market. Most homes are bought and sold based on price trends and market cycles. Waterfront properties, however, are increasingly purchased with the intention of being held for generations. This long-term view is fueling persistent price premiums that traditional market models ...
Colliers Executive Vice President David Gabbai, who has spent 36 years in commercial real estate, says the most successful brokers are those who can solve problems creatively when market fundamentals change dramatically. In a landscape where traditional deal structures often break down, Gabbai argues that two qualities, deep relationships and multi-market experience, have become critical ...
Long Island’s residential market is experiencing a housing shortage that stems less from a lack of available properties and more from the impact of mortgage rates, according to a local real estate professional who works directly with buyers and sellers. Jeffrey Memisha, a licensed sales associate at Realty Advisors Inc., says the central issue is ...
A new wave of international buyers using visa programs is reshaping Florida’s residential real estate market. These buyers, often leveraging significant capital and complex structures, are providing price stability even as domestic sales slow. Florida’s Buyer Pool Shifts Toward International Capital The makeup of Florida’s home buyers has changed rapidly in the past year, according ...
The surge of New York City buyers moving to Central Jersey during the pandemic was real but brief, according to Jose Sanchez, Team Leader at The LINK Real Estate Group. At the peak of COVID-19, 60% to 75% of his firm’s buyers were relocating from New York City. Today, that figure has settled to between ...
