South Florida’s industrial development is increasingly focused on multi-tenant properties, as builders respond to slowing absorption in the large single-tenant sector and heightened demand for smaller, flexible industrial spaces. According to Jason Abitbol, Senior Investment Advisor at APEX Capital Realty, developers are shifting priorities to align with current market realities. Current Development Assessment Absorption rates ...
Pennsylvania broker Joseph Bograd, team leader of The Bograd Team, argues that current market conditions are removing underqualified agents and producing a more professional, competent agent population. While some in the industry view agent attrition as a crisis, Bograd describes it as a necessary adjustment that benefits clients and the real estate profession as a ...
Hundreds of churches across America are facing abandonment and deterioration, and a regulatory bottleneck in the federal historic tax credit program is blocking their adaptive reuse. Preservation experts warn this problem is growing more urgent, with few viable solutions in sight. Michael Puma, principal at Preservation Studios, has overseen about 60% of New York State’s ...
New York State has led the nation in historic tax credit projects over the past decade, completing more projects than the next three states combined. Yet, behind these numbers, developers face significant hurdles related to timing and project preparation that often go unrecognized. Michael Puma, Principal and Project Manager at Preservation Studios, says that while ...
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 ...
