The affordable housing crisis in America is not primarily caused by construction costs or financing availability, according to Doug Ressler, Manager of Business Intelligence at Yardi Matrix. Ressler contends that outdated zoning laws are the main obstacle, a reality that many policymakers and developers avoid addressing directly. “The biggest inhibition to manufactured housing is the ...
Florida’s residential real estate market operates on a foundation that sets it apart from much of the country, according to Joe Murphy, team leader of the Joe Murphy Team and a veteran who has closed more than 1,400 homes in 23 years. The distinction is not just about climate or lifestyle, it’s about how buyers ...
A critical financing bottleneck is threatening the progress of affordable housing developments in Florida, according to a leading construction lender. The problem is not construction costs or a lack of demand, but a disconnect between how construction lenders and government-sponsored enterprises (GSEs) underwrite the same projects—specifically regarding property tax treatment under Florida’s Live Local Act. ...
The affordable housing crisis in many secondary markets is worsening unexpectedly: condos and townhomes, once reliable entry points for first-time buyers, are becoming unaffordable due to rising monthly costs unrelated to the purchase price. Koby Bishop, a broker associate with The Group Real Estate in Northern Colorado, reports that surging insurance rates on attached units ...
Nearly half of all new construction buyers in Miami’s luxury real estate market are international, according to Uri Sefchovich, a realtor with Coldwell Banker who focuses on properties above $1 million. This surge marks a decisive shift in how global capital is flowing into Miami, moving beyond the usual seasonal or vacation-home trends. International Buyers ...
Local data from Northern Colorado reveals a real estate market that has consistently outperformed national averages in both appreciation and resilience, contradicting the volatile narrative often presented by national media. This divergence is creating mispricing opportunities for buyers and investors who understand the region’s unique risk profile. Koby Bishop, a broker associate with The Group ...
The real estate industry faces a critical decision point about artificial intelligence that will shape which agents succeed in 2026 and beyond, according to Jeff Quintin, CEO of The Quintin Group. While some agents see AI as a threat to their jobs and others expect it to offer easy shortcuts, Quintin says both views miss ...
In markets with active new development, builders have a structural advantage over individual home sellers, according to Florida Realtor Zach DiFilippo of Coldwell Banker Premier Properties in St. Augustine. DiFilippo points to the vertical integration of builder operations — where construction companies typically own the lender and the title company — as a key reason ...
The New York City office market has changed dramatically in the past two years, driven by more than just return-to-office mandates or the rise of hybrid work. A decisive trend is now determining which buildings succeed and which struggle: tenants with lease flexibility are actively moving to higher-quality buildings and better neighborhoods, often for rents ...
The 2024 hurricane season has heightened concerns about the risk to Florida real estate. Still, the pattern of actual damage tells a more specific story, according to Jose Cardenas, principal at Premier Sotheby’s International Realty. The majority of flood-damaged homes were older, single-story structures built decades before current building codes, not modern construction. “Most of ...
The debate over return-to-office policies has centered on mandates and compliance, but beneath the surface, companies are rethinking the purpose of their office space. Michael Rait, Founder and President of BR Design Associates, says businesses are no longer treating offices simply as places where work is done. Instead, they are redesigning them to support specific ...
Over the past 18 months, the balance of power in commercial real estate leasing has shifted, according to Michael Rait, Founder and President of BR Design Associates. Landlords, responding to tighter supply and steady demand, are no longer simply offering cash allowances for tenant improvements. Instead, they are providing more substantial, standardized build-out packages—often categorized ...
South Florida’s real estate market has cooled sharply from the pandemic-driven surge of 2021-2022, but many homeowners have yet to adjust their expectations. Melissa Galada, a realtor with RJM Real Estate Corp who has served the Boca Raton and Delray Beach markets since 1999, says that sellers who bought during the boom are now the ...
The Phoenix metropolitan area must prepare for an influx of 1.1 million new residents over the next 15 years, a challenge that is already forcing developers, investors, and policymakers to rethink how and where the region can grow. According to Tom Johnston, Executive Director of the WP Carey Center for Real Estate and Finance at ...
Mom-and-pop landlords who built up portfolios of single-family rental homes over decades are discovering their properties are worth far less than anticipated, as institutional buyers focus on income streams rather than individual home values. Tom Johnston, Executive Director of the WP Carey Center for Real Estate and Finance at Arizona State University, says the single-family ...
