Long Island landlords face a significant financial risk: eviction timelines in New York can extend from 12 to 18 months. During that period, property owners may receive no rental income while continuing to pay mortgage obligations, legal fees, and repair costs. Jeffrey Memisha, a licensed sales associate at Realty Advisors Inc., says New York’s tenant-favorable ...
Real estate investors often focus on market timing and interest rates. However, Kerie Choiniere, a real estate agent with Venture Real Estate and an active investor in distressed properties, says the most expensive mistakes usually result from inadequate property inspection and assessment before purchase. Choiniere’s own recent experience highlights the risk. She bought a property in ...
Real estate agents in Connecticut’s fix-and-flip market are increasingly competing on operational and financial expertise rather than sales ability alone. Some agents are providing investors with detailed financial projections — including purchase price, renovation costs, and estimated resale value — before any offer is made. Jay Osorno, a realtor at Alpha Capital who shifted from ...
Rising regulatory and compliance costs have pushed the per-unit price of subsidized affordable housing above that of market-rate projects, according to Marc Norman, Associate Dean at NYU School of Professional Studies Schack Institute of Real Estate. Developers now face a system in which building subsidized affordable units often costs more and takes longer than constructing ...
Investor visa qualifications are now a major factor in property purchases in Panama. This trend has created a buyer segment that operates outside traditional real estate norms, says Jeffrey Barton, Managing Director of Punta Pacifica Realty. Panama’s real estate market is seeing more buyers motivated by securing legal residency than by rental income or long-term ...
Jeff Barton, Managing Director of Punta Pacifica Realty, says new pre-construction developments in Panama are priced between $3,500 and $5,000 per square meter, about 40% higher than resale units built between 2010 and 2020. Despite this steep premium, buyers are increasingly choosing new construction, motivated by factors that go well beyond traditional price-per-square-meter calculations. “New ...
The restoration of 100% bonus depreciation through 2029 has triggered a surge of out-of-state investors buying Florida short-term rentals without visiting them. This trend is changing buyer profiles and motivations in Gulf Coast markets. The Invisible Buyer Wave Florida’s short-term rental market is attracting investors who buy properties without visiting them. These buyers are motivated ...
The commercial real estate industry is facing a sharp decline in the effectiveness of cold calling, and Joe Santaularia says artificial intelligence is a major reason. As AI-powered prospecting platforms automate email campaigns, dialing, and personalized outreach at scale, brokers are sending exponentially more messages than ever before. The result, says Santaularia, president of CORFAC ...
Despite predictions that AI and online platforms would make real estate agents obsolete, Manhattan buyers still rely on human expertise to close deals, even when paying all cash. The rise of real estate technology has made some believe agents are losing relevance. Buyers begin their searches with AI tools or online platforms, and venture capital ...
Secondary and tertiary markets along interstate corridors are attracting more interest from manufacturers. These companies are seeking lower property costs and reliable labor pools, advantages that now surpass those in primary markets. Steve Zuber, Principal at BARBERMURPHY, reports that his firm is seeing a growing number of companies consolidating operations into single facilities in these ...
A new wave of demand for industrial real estate is emerging in the Midwest as waste-to-energy technology finally becomes economically viable. Facilities that convert solid waste into energy or fuel products, which were once a niche segment, are now attracting significant attention from brokers and investors, especially in secondary markets. Steve Zuber, Principal at BARBERMURPHY, ...
Over the past five years, a disconnect between traditional staging and buyer preferences has quietly reshaped the Brooklyn townhouse market. According to Tali Berzak, a Compass realtor specializing in Bed Stuy, Crown Heights, and Bushwick, sales outcomes often hinge on whether a home’s presentation matches the style that Brooklyn buyers expect. This shift has changed ...
Brooklyn’s townhouse market is seeing a noticeable change in who is buying and how they use these properties. Townhouses, once marketed mainly as single-family homes, are now increasingly bought to house multiple generations of the same family. Tali Berzak, a Compass realtor working in Bedford-Stuyvesant and nearby neighborhoods, says this shift reflects how families are ...
For the past five years, Westchester and Yonkers have become the next step for New York City residents who can no longer afford Manhattan or the outer boroughs. Data supports this story: prices in Yonkers have climbed 6 to 11 percent year over year, with some neighborhoods appreciating even faster. However, beneath these headline numbers ...
AI-powered search is rapidly changing how buyers discover real estate agents and properties. This shift is creating new winners and losers, but many brokers haven’t noticed yet. Rummy Dhanoa, Team Leader and Principal Broker at eXp Realty, says most agents are still relying on outdated digital strategies while a small group is already adapting to ...
