A dramatic rise in Pensacola’s median home prices is forcing local investors to rethink their target price points and investment strategies, according to veteran real estate investor Mike Hamby. “The median price of a house in Pensacola has gone up to about 310 [thousand] this year. When I moved here in 2020 it was 190,” ...
Short-term rentals are transforming from community concern to economic catalyst, according to Guesty CFO Gil Vassoly, who argues the sector creates ripple effects of prosperity throughout local neighborhoods. “Short-term rentals are actually a way to uplift the entire community, not just financially, but creating this atmosphere,” Vassoly says, pointing to emerging data on visitor behavior. ...
The St. Augustine real estate market is nearing a pivotal moment that buyers should consider, according to Thomas Quigg, a licensed residential real estate agent with Coldwell Banker Premier Properties. In a recent interview, Quigg shared his perspective on how current market conditions may represent the best buying opportunity in years. “I guess my opinion ...
A notable shift in Southwest Florida’s buyer demographics is altering the local real estate landscape, according to Brett Ellis of Ellis Team – Keller Williams Realty Fort Myers. The combination of Canadian property owners leaving the area and the potential for political migration from northern cities is creating new demand patterns that many agents are ...
Although Cape Coral has been labeled by media as having “the worst market in the nation right now for foreclosures,” a surprising trend is challenging assumptions about distressed markets, according to Felicia Saraceno, Market Director at Keller Williams Realty – Marco Island. Despite Cape Coral’s elevated foreclosure numbers, the city is outperforming more prestigious markets ...
Arizona’s short-term rental market has seen a major shift, with most Airbnb investors leaving the platform due to oversaturation, according to Melissa Bailey, a real estate professional with Jason Mitchell Group. This marks a significant change from the pandemic-driven boom that made Arizona a prime location for vacation rental investments. “A lot of people are ...
A new trend is emerging in Orlando’s luxury real estate market, with the vast majority of high-end buyers actively steering clear of homeowners association communities, according to Yashmit Gutierrez, a sales associate at EXP Realty. This preference challenges the common belief that luxury buyers seek out managed communities with extensive amenities. “In my opinion, what ...
Arizona’s housing market is facing an unusual problem: even as inventory has surged 24.7% year-over-year, buyers are finding it harder than ever to make purchasing decisions. The abundance of available homes is overwhelming rather than assisting buyers, according to Melissa Bailey, a real estate professional with Jason Mitchell Group. “Even though we have a higher ...
A notable migration trend is transforming Orlando’s luxury real estate market, with California buyers increasingly opting for Central Florida over established high-end destinations like Miami. This shift is driven primarily by affordability, marking a change in luxury buyer preferences, according to Yashmit Gutierrez, a sales associate at EXP Realty specializing in the Orlando area. Market ...
Artificial intelligence is delivering measurable energy savings in commercial buildings through an approach that requires no changes to physical infrastructure. Trane Technologies’ BrainBox AI system has demonstrated the ability to achieve 15% efficiency improvements by overlaying intelligent controls onto existing building management systems, according to Scott Tew, Sustainability and Managing Director of the Center for ...
The residential market in Northeast Florida saw a striking 40% price surge during the COVID period, followed by a notable correction that pulled values back by 10% to 15% across the city, according to Tobin Bossola of Coldwell Banker Vanguard Realty. In a recent interview, Bossola discussed how this price volatility is reshaping Jacksonville’s real ...
First-time homebuyers in Arizona are increasingly backing out of contracts at the last minute due to anxiety over payments, leading to legal disputes and financial repercussions that go beyond losing a deposit. This shift in buyer behavior comes as higher interest rates create hesitation, even among those who are financially qualified. “We’ve had more first-time ...
South Florida’s investment property market is seeing a surge in investor activity, but the traditional entry points that once made the market accessible have largely vanished, according to Denise Madan of EXP Realty. With 25 years in the business, Madan notes a significant change in investor behavior and market dynamics that is transforming real estate ...
While national real estate media often highlight stories of high demand and low supply, the situation in Jacksonville is noticeably different, according to veteran real estate agent Tobin Bossola of Coldwell Banker Vanguard Realty. In a recent interview, Bossola questioned the prevailing national narrative, emphasizing that Florida markets are experiencing conditions that run counter to ...
The small business acquisition market in Pennsylvania is seeing increased demand from a new generation of buyers, according to Kristi May of The K Team. In a recent interview, May shared her perspective on emerging opportunities and shifting demographics in the local business acquisition landscape. Market Overview and Shifting Buyer Demographics “I’m hearing from people ...
