A significant pricing war is taking shape in Florida real estate markets, as builders use deep discounts and below-market mortgage rates to move inventory. This strategy, according to veteran realtor Bob Ruiz of Ruiz Group SRQ at William Raveis Real Estate, has created a market where homeowners who bought in the past two years cannot ...
Conventional wisdom often casts oil-dependent real estate markets as risky, prone to dramatic swings in home values when energy prices fall. Yet Chris Cline of Grassroots Realty Group, a REALTOR® with 19 years of experience in Grand Prairie, Alberta, argues this view overlooks how economic structure can insulate a city from the worst effects of ...
According to Joseph Keshi, founder and CEO of Keshman Property Management, investors often focus on cap rates, appreciation, and tax advantages when evaluating markets. However, Keshi argues that legal differences—especially those related to eviction—directly affect investment performance. Nowhere is this clearer than in how long it takes to remove a non-paying tenant. Keshi describes a ...
A practical solution to Connecticut’s housing shortage is gaining traction in Danbury: converting vacant or underused hotels and motels into apartments. Waleed Albakry, Planning Director for the City of Danbury, says the city is among the top municipalities in Connecticut for this type of adaptive reuse, turning long-closed hotel properties into new residential buildings with ...
The Manhattan office market is seeing tenants stay put at a rate not explained by workplace trends, but by the economics of construction. According to David Badner, Managing Director at Norman Bobrow & Co., tenants are now far more likely to renew existing leases than relocate, as the costs of building out a new space ...
High mortgage rates and persistent home prices are forcing buyers in Northern Virginia to reconsider where they can afford to live, according to Desiree Rejeili, Principal/Owner of Desiree Sells Homes LLC. Rejeili, who works with buyers across the region, says that neighborhoods once considered the default for move-up buyers, such as Arlington and Alexandria, are ...
A Wisconsin city administrator argues that communities within an hour of major metropolitan areas offer better economic conditions and more motivated municipal partners than the crowded urban markets that typically attract developers’ interest. Real estate developers may be ignoring viable opportunities in smaller regional markets due to outdated assumptions, according to Alex Mansfield, City Administrator ...
Developers may be passing over viable projects in smaller communities because local zoning codes are too complex to understand, according to one Wisconsin city administrator leading a complete overhaul of his city’s regulations. Alex Mansfield, City Administrator of Amery, Wisconsin, says the city’s zoning codes—last fully codified in 2004—have become so lengthy and contradictory that ...
When Fort Wayne released a request for qualifications (RFQ) for its North River District master development, city officials anticipated three to five responses from mostly regional developers—a typical turnout for a city of its size. Instead, they received proposals from 20 national firms, far exceeding expectations and signaling a significant shift in how national developers ...
The surge in AI data center development is often framed as a race to secure capital, power, and advanced technology. But according to George Teodorescu, COO of InfraPartners, these factors no longer determine which projects get built. Instead, the most significant constraint is local planning and developers’ engagement with the communities where they plan to ...
Real estate investment companies function as market makers, buying and selling contracts continuously, regardless of economic cycles. But Andrew Farnell, National Transaction Coordinator at Elite Closing Solutions, says this model carries a hidden vulnerability that becomes acute during periods of market uncertainty. When transactions drag on beyond their anticipated timelines, the risk of failure rises ...
Suburban real estate values are being redefined, according to Connecticut broker Todd Gibbons, who says the longstanding appeal of rural seclusion has given way to a new priority: paying more for homes and condos within walking distance of shops, restaurants, and downtown amenities. Gibbons, Founder and Principal of Boost Real Estate Group, points to recent ...
Grande Prairie, Alberta, is facing an unprecedented housing shortage that has upended the way homes are bought and sold. Active listings have collapsed from 410 single-family homes to just 61, according to Chris Cline, a leading Realtor at Grassroots Realty Group who has tracked the market for nearly 20 years. With a population of about ...
Fort Wayne city officials were given a bold promise by Swa, a global planning and landscape architecture firm: invest in top-tier public riverfront spaces, and private developers will respond with nearly $10 of private investment for every public dollar spent. Alec Johnson, Deputy Director of Redevelopment for the City of Fort Wayne, says that prediction ...
The Southwest Florida luxury market has spent the past three years doing something that might look like stagnation: sales volumes have returned to pre-pandemic levels, prices have stabilized, and homes are taking longer to sell. Compared to the frenzy of 2021, this market has lost momentum. But Mary Bartos, team leader at The Bartos Group ...
