Strategic underpricing is now the norm in Long Island’s real estate market, turning the asking price into a marketing device rather than a true indicator of what sellers expect to receive. This approach has created confusion, particularly for first-time buyers who rely on outdated advice. Jeffrey Memisha, a licensed sales associate at Realty Advisors Inc., ...
Minneapolis eliminated single-family zoning citywide, allowing duplexes and triplexes in neighborhoods previously limited to detached homes. This change led to more construction and kept rents stable or falling, according to Marc Norman, Associate Dean at NYU School of Professional Studies Schack Institute of Real Estate. The city achieved this without affordability mandates, suggesting that zoning ...
Florida’s ongoing construction boom has created a labor market in which skilled subcontractors wield more power than builders or clients, and a shortage of experienced tradespeople has become a persistent barrier to project timelines and costs. This constraint is especially acute in the luxury custom sector, where projects require a level of craftsmanship that few ...
Multi-family properties can offer a faster, more accessible path to homeownership than single-family homes. Still, most buyers are unaware of this option, according to Tameeka Williams, a real estate salesperson at KFortuna All Aspects Realty. Williams explains that financing for multi-family properties is structured differently: lenders underwrite these loans based on projected rental income rather ...
The Canadian housing market is not a single, unified system — it is a collection of distinct local markets shaped by varying supply and demand, policy decisions, and migration patterns. Yet national coverage often treats Toronto, Vancouver, Calgary, and Edmonton as if they respond to the same forces. This approach overlooks a key trend evident ...
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 ...
