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 ...
Tampa is attracting a new class of ultra-wealthy buyers who already own properties in cities like London, Dubai, and New York, according to Jose Cardenas, principal at Premier Sotheby’s International Realty. These buyers are not first-time homeowners or typical investors. Instead, they are adding Tampa to their global portfolios for its unique lifestyle offering rather ...
In Texas real estate, most property owners closely track price per square foot and monthly rent as their primary metrics. However, Sergio Grado, a Texas-based business development consultant of GradCoDistributors, LLC with years of experience in commercial and residential development, says the real factor stabilizing property budgets is often overlooked: maintenance contracts. “The key thing ...
Florida’s coastal markets, especially Sarasota, are seeing a surge in new-home construction, altering both the supply landscape and investment opportunities. Ray Collins, a realtor at Coldwell Banker Realty, describes a development scale that is reshaping how buyers and investors approach market timing and property selection. “There’s a lot of new construction going on right now ...
Many commercial real estate investors are sidelining themselves by holding out for double-digit cap rates that are nearly impossible to find, according to Larry Gotcher, owner and principal agent at Resource Realty Group in Michigan. Gotcher, who closes between $100 million and $150 million in income-producing property transactions annually, says outdated return expectations are preventing ...
Walk into a Sunday open house in Key West’s historic Old Town, and you’ll see a different scene than just two years ago. Instead of buyers lining up outside Victorian cottages and bidding over the asking price, most listings now see just a few showings each weekend. Homes that once sold in under a week ...
Sioux Falls, South Dakota, continues to attract new residents at a rapid pace, defying expectations for a city known for harsh winters and unpredictable weather. People are moving in from the coasts, large metropolitan areas, and smaller towns throughout the Midwest. They come for job opportunities, affordable living, and a strong sense of community that ...
Three months ago, buying a home in Omaha meant submitting an offer within days, often waiving inspections and competing in bidding wars. Now, the balance has shifted. Buyers are taking their time, sellers are making concessions, and the pace of sales has slowed. For those who have been waiting for more favorable conditions, the window ...
You’ve found the ideal lot in Kansas City. Zoning is in order, the numbers work, and your architect has drawn up the plans. But before construction begins, there’s a hidden obstacle that could halt your project – and it’s not related to permits or financing. In several Kansas City neighborhoods, neighborhood associations wield significant influence. ...
When Intel announced its multi-billion-dollar semiconductor facility in Licking County, Ohio, the impact quickly spread beyond the factory’s footprint. Neighboring townships, once expecting only gradual growth, are now facing a surge in demand for housing, data centers, and commercial buildings. These communities are rushing to update zoning laws and infrastructure plans, all while trying to ...
