The residential real estate market is facing an affordability crisis that is not simply the result of temporary interest rate hikes, according to Joseph Bograd, a team leader at Bograd Team with 25 years of experience in Pennsylvania, New Jersey, and Florida. Bograd argues that the financial calculations that once allowed middle-class buyers to purchase ...
A growing disconnect defines Pacific Northwest real estate: many sellers believe listing their home is enough, even as market conditions demand a far more strategic approach to achieve a sale. Ellen Bohn, managing partner at The Agency Camano Island, says this distinction is crucial as properties spend more time on the market and buyers grow ...
Wellington’s real estate market has changed sharply since the post-COVID surge, but Jim Corbin, an associate at Illustrated Properties with nearly five decades in the business, says the slowdown is often misunderstood. Properties that once sold within days now linger for 30, 60, or even 120 days, but Corbin insists this does not signal a ...
As Naples residential sales have fallen 20% and inventory has reached five-year highs, one brokerage’s strict pricing strategy is producing measurable results. Kathryn Zangrilli, broker/owner of Broker Brothers LLC, says her firm closed over 50 deals last year by refusing to take on overpriced listings—even if it means turning down potential business. “We won’t take ...
Wellington’s real estate market stands apart from other Florida markets due to a powerful, recurring economic engine: an annual international equestrian event that brings thousands of wealthy competitors and their teams to the area for 13 weeks each year. Jim Corbin of Illustrated Properties, a Wellington real estate agent since 1978, says this influx has ...
A massive reclassification of bank loans mandated by federal regulators in 2024 has revealed a $1.5 trillion exposure that may represent one of the financial system’s most significant hidden risks, according to a veteran distressed debt investor who tracks regulatory developments. Bill Bymel, founder and CEO of First Lien Capital, says the Federal Reserve’s requirement ...
A demographic shift is underway in the Pacific Northwest’s real estate markets, disrupting the simple narrative of pandemic-driven migration. On Camano Island, a lifestyle-focused community north of Seattle, agents are seeing unusual buyer patterns: a simultaneous influx of first-time buyers and a wave of downsizing seniors. Ellen Bohn, managing partner at The Agency Camano Island, ...
St. Petersburg’s real estate market is facing a pricing mismatch that standard metrics fail to capture, according to veteran agent Joshua Neitz. While official data shows home prices down five to six percent year-over-year, Neitz says these numbers obscure a deeper problem: sellers routinely list homes above market value, leading to artificial price reductions that ...
The legal structure underlying property ownership may matter more than purchase price when evaluating Caribbean real estate investments, according to an industry expert who has navigated multiple international jurisdictions over nearly two decades. David Kafka, broker/owner of RE/MAX 1st Choice Belize, argues that property rights should outweigh price when Americans compare Caribbean markets. He notes ...
Lancaster, Pennsylvania’s residential market is booming with 10.7% year-over-year home price appreciation and multiple high-rise apartment projects coming online. But according to one veteran developer, the assumption that residential density automatically revitalizes downtown commercial districts is proving dangerously wrong. John Meeder, President of Meedcor Development, has watched Lancaster add hundreds of new units in apartment ...
First-time homebuyers in Rhode Island are systematically losing to investors and cash buyers – not because they lack resources, but because they’re pursuing the wrong strategy entirely, according to one industry professional who’s witnessed the competitive dynamics firsthand. Walt Buteau, a real estate advisor at Engel & Völkers Oceanside, argues that the conventional wisdom about ...
Rhode Island’s housing inventory crisis isn’t just about homeowners clinging to low mortgage rates—it’s about a complex web of psychological barriers creating what one industry expert calls a “domino effect” of market paralysis. Walt Buteau, a real estate advisor at Engel & Völkers Oceanside who transitioned from investigative journalism to real estate in 2024, argues ...
Brokerage executives are finding that traditional financial statements alone no longer provide the clarity needed to run a successful real estate business. According to Cheryl Wellman, Chief Financial Officer at AccountTECH and former controller at Premier Sotheby’s International Realty, financial reports frequently show what happened to profitability but fail to explain why results changed or ...
The South Florida luxury condo market is experiencing a dramatic split that’s reshaping buyer behavior across the region. While older condos have seen prices drop 46%, new construction has surged 50%, according to market data – a divergence that industry professionals say reflects fundamental structural changes rather than typical market fluctuations. Kirsten Smith, a Realtor ...
Lancaster, Pennsylvania markets itself as developer-friendly, but according to one veteran developer, the city’s complex permitting processes and cultural preferences create significant barriers for outside capital – a dynamic that may protect local interests while limiting the resources needed for large-scale urban revitalization. According to John Meeder, President of Meeder Development Corporation, Lancaster’s mix of ...
