The new construction market in South Florida has split into sharply distinct segments, with pricing strategies diverging to the point that communities across the street are operating in entirely different markets. According to Raymond Fernandez, a relocation specialist at eXp Realty who focuses on new construction in Palm Beach County, builders’ approaches and incentives have ...
Major real estate owners entering New York City’s property tax system often encounter a dysfunctional appeals process that does not meet the standards of a global financial center. Instead of rigorous valuation reviews and structured appeals, owners face an understaffed, expedited, and unpredictable process. When institutional investors acquire commercial property in New York City, they ...
Over the past two years, venture capital investors have favored startups with AI in their pitch decks, often driving company valuations up by 20%. This enthusiasm is now shaping commercial real estate decisions in ways that concern Mandi Wedin, Founder and CEO of Feroce Real Estate Advisors. Wedin, who advises institutional investors and operators on ...
According to Linda Fleischer of Coldwell Banker Realty, insurance costs—not property values—now determine whether waterfront deals close in Tampa Bay The Tampa Bay residential market is undergoing a significant reset, driven not by property values or desirability, but by the rising monthly cost of flood insurance. Linda Fleischer, a licensed real estate agent with Coldwell ...
The office development industry is confronting a new reality in the wake of COVID-19, according to Spencer Levine, president of RAL Companies. With remote work now a viable option for many employees, office space must compete on experience rather than necessity. Levine contends that hospitality design principles, long tested in hotels and resorts, provide a ...
Swimming pools have shifted from a minor home upgrade to a central factor that divides suburban housing markets, according to a veteran broker who says the pandemic caused one of the most significant changes in residential real estate valuation in recent memory. Matt Mobley, broker and owner of Hancock Realty Group in Clermont, Florida, says ...
The residential real estate market is stuck in a prolonged period of imbalance, as the gap between rental and ownership costs prevents the usual price correction, according to Matt Mobley, broker and owner of Hancock Realty Group in Clermont, Florida. Mobley argues that this disconnect is keeping home values from adjusting downward at the pace ...
Jonathan Miller, President and CEO of Miller Samuel Inc., says the explosion of housing market data on social media has created widespread confusion and made source credibility as crucial as the data itself. As more information circulates online, Miller warns that the quality and reliability of that information have declined, making it harder for both ...
The widespread shift to remote and hybrid work has left office and retail real estate with more space than companies now need, creating a long-term oversupply that persists regardless of return-to-office mandates. As interest-only commercial loans mature, owners face a refinancing crisis intensified by sharply higher rates. Chad Cummings, a managing attorney at Cummings & ...
Florida’s post-Surfside condominium safety reforms were intended to prevent another deadly building collapse. But according to Chad Cummings, a managing attorney at Cummings & Cummings Law, specializing in real estate law, the new inspection and reserve requirements have created an affordability crisis for elderly and retired residents on fixed incomes. “If your HOA dues were ...
Rising insurance costs in coastal markets are quietly redirecting short-term rental (STR) investment away from traditional hubs like Florida toward secondary markets with better risk-adjusted returns. Emir Dukic, CEO of Rabbu, an STR marketplace platform, says this shift is happening essentially out of public view but is having a profound impact on where capital is ...
While Sarasota’s lifestyle amenities and steady in-migration from other states continue to attract attention, one local real estate professional points to a less-discussed factor contributing to the area’s declining sales volume: the disappearance of Canadian buyers. Reeny Kaney, a top 3% producing realtor with RE/MAX Alliance Group in Sarasota, attributes the market’s slowdown to three ...
Competitive bidding at commercial real estate foreclosure auctions is providing a concrete signal that the market may be entering the initial phase of recovery, according to Mandi Wedin, Founder and CEO of Feroce Real Estate Advisors, who closely monitors auction results as an indicator of capital flow. “An interesting item I look for regularly is ...
“New York hasn’t become particularly affordable now that we’ve essentially outlawed short-term rentals,” according to Bram Gallagher, Director of Economics & Forecasting at AirDNA, highlighting the disconnect between regulatory intent and actual outcomes. He contends that the focus on short-term rentals offers a quick fix for politicians but sidesteps the more difficult work of addressing ...
A year ago, Naples condos moved quickly, with buyers snapping up units amid steady demand and relatively predictable monthly costs. That dynamic has now reversed. While single-family home prices in Naples have risen 3.2% over the past year, median condo values have fallen 8%, as buyers grow more cautious and listings linger longer on the ...
