If you only read the headlines, you might think “agentic AI” in real estate is taking over deals, negotiating with clients, and running transactions on autopilot. The reality on the ground looks very different – and in some ways more interesting. Across brokerage, mortgage, property management, and construction, agentic AI is reshaping daily work, just ...
Private wealth management divisions at major banks are creating alternative financing channels for Manhattan’s luxury buyers — transactions that rarely appear in conventional lending data, according to industry veteran Steven Cohen, team leader of The Steven Cohen Team. Manhattan’s luxury real estate market is undergoing a marked change in how transactions are financed, says Steven ...
In supply-constrained markets, first-time homebuyers are often drawn to move-in-ready homes. Still, veteran Bergen County real estate team leader Cheryl Cooper argues this convenience can become a costly financial trap. Cooper, who leads The Cheryl Cooper Group in Bergen County, New Jersey, says the widely accepted belief that a “perfect” home is the best investment ...
Rising renovation costs and strict preservation rules are causing a spike in failed transactions in some of the country’s most sought-after rural luxury markets. In places like Litchfield County, Connecticut, the historic architecture and controlled development that once attracted buyers are now creating new challenges, according to William Melnick, associate agent at Elyse Harney Real ...
The long-standing idea of buying a fixer-upper in the countryside and restoring it over time is quickly losing ground in affluent second-home markets. William Melnick, associate agent at Elyse Harney Real Estate, says a clear generational divide is reshaping buyer demand and putting new pressure on the supply of move-in-ready homes. “I don’t think Generation ...
Rising interest rates have dramatically changed how affluent buyers approach real estate in secondary markets, according to William Melnick, associate agent at Elyse Harney Real Estate in Litchfield County, Connecticut. A once-common financing strategy — using cash offers to secure a property, then refinancing to lock in low-cost debt — has vanished, upending both deal ...
Manhattan’s residential real estate market has long moved in predictable cycles, with busy spring seasons and slower holidays. This year, however, Ann Ferguson, principal broker and founder of Ann Ferguson, LLC, observed an unexpected spike in activity in November, typically a slowdown. “For some weird reason in November the market picked up, and that is ...
After years of lagging behind condos, Manhattan co-ops are seeing renewed buyer interest as declining mortgage rates near 6 percent make board-approved properties affordable again. This reversal comes after a long stretch in which stricter approval processes and stringent financial requirements pushed many buyers toward condos. Ann Ferguson, principal broker and founder of Ann Ferguson, ...
Real estate development in the United States is shaped not by federal policy but by thousands of local decisions across the country. Daniel Heller, CEO and co-founder of ReZone (recently acquired by Shovels AI), argues that this fragmentation leads to a core market inefficiency: information that is technically public often remains functionally out of reach ...
High-net-worth buyers are fundamentally changing Miami’s real estate market by refusing to consider properties that require any post-purchase work. This new buyer mindset, driven by comparisons with other luxury markets, is forcing sellers to raise their standards or risk prolonged listing times and price cuts. Madeleine Romanello, a broker associate with the Romanello Villar Group, ...
While headlines highlight Florida’s affordability crisis and a median home price near $400,000, a quieter trend is unfolding in Wesley Chapel and Pasco County. Here, builder incentives are making homeownership possible for buyers who previously believed it was out of reach. Whitney Lohr, team leader at Florida Living Group within Berkshire Hathaway HomeServices, has seen ...
While national headlines highlight a slowdown in new construction, several master-planned communities in Wesley Chapel are seeing steady buyer demand. According to Whitney Lohr, team leader at Florida Living Group within Berkshire Hathaway HomeServices, the key difference is a new development model that brings together multiple builders and a wider range of options than the ...
Real estate CEO Daniel Kaufman argues that following institutional capital into hot markets is a recipe for underperformance. His firm’s early exits from now-oversupplied markets illustrate how moving against the herd can yield better results. Conventional real estate wisdom advises following institutional money. When large investors enter a market, their presence is seen as a ...
The main criticism of modular construction in real estate is that if factory-built modules do not cost less per square foot than traditional construction, the model fails. Daniel Kaufman, president of Kaufman & Company, argues this misses the real value in today’s construction environment. “Our biggest savings are time,” Kaufman says. “Getting a project completed ...
Rent-to-own arrangements have a mixed reputation in real estate, and Tamera Nielsen, CEO of Burson Home Advisors, says that skepticism is warranted. “Most rent-to-own programs were scammy,” Nielsen says. But she argues that dismissing all alternative ownership models overlooks a key difference between informal landlord deals and professionally managed programs. Nielsen cites a recent case ...
