Dearborn’s housing market is facing unprecedented demand driven by unique cultural factors, with capacity to immediately absorb thousands of new units, according to Angela Fortino, Deputy Director of Economic Development at the City of Dearborn. “We can absorb 1,500 units in the next 10 years easily, like we could use them now today. On top ...
A significant transformation is underway in Florida’s vacation rental market, with dramatically falling returns forcing investors to reconsider long-held strategies, according to one local real estate expert. “We are 30% down this year from last year on sales and numbers,” reports Olivia Catanese, team leader at Coldwell Banker‘s 30A division. “Rental projections were making maybe ...
Real estate technology executive Jackson Reiter argues that systemic inefficiencies in property markets are creating a costly domino effect that impacts everyone from renters to major investors, and he believes artificial intelligence could be the solution. “The inefficiency is making it worse for everyone. And those costs get passed between consumers and the commercial side ...
Despite economic headwinds and market uncertainty, home renovation demand remains surprisingly resilient, according to Block Renovation CEO Julie Kheyfets, who says certain segments of the market are showing particular strength. “Bath and kitchen remodels are always the workhorses of the renovation market,” Kheyfets says, referring specifically to major remodels involving general contractors and potential plumbing ...
A Maine-based real estate leader has pulled back the curtain on what he calls a “three-legged stool” approach to developing genuine market expertise, a system he says has helped his independent brokerage thrive against larger competitors. Dennis Hilton, President of Newcastle Realty, says his firm’s success stems from a rigorous approach to market knowledge that ...
The real estate industry’s traditional focus on sales scripts and closing techniques may be undermining the very relationships agents seek to build, according to one industry leader who argues that authentic presence, not persuasion tactics, is the key to sustainable success. Aaron Hendon, Managing Broker at Christine & Company, says the science of human connection ...
The devastating impact of recent wildfires and extreme weather is driving a fundamental shift in how homes are being built, with resilience becoming as important as sustainability, according to green building expert Izumi Tanaka, host of the podcast Home Green Homes. “People are really looking at building it, not only from the sustainability standpoint, but ...
Commercial real estate owners face a new reality in property insurance as artificial intelligence and data science transform traditional underwriting, according to one industry veteran who argues that decades of accumulated data are now being weaponized to restrict coverage and raise rates. “I often say that I feel like every keystroke I’ve ever put in ...
Real estate investors are falling into a dangerous trap of endless education without action, according to Lauren Aumond, host of the Adulting Is Easy podcast. The Tampa Bay-based investor argues this “self-help porn” phenomenon is preventing many aspiring investors from taking their crucial first steps into the market. The Education Comfort Zone “Just because you’ve ...
A Pennsylvania real estate professional is sounding the alarm about the loss of historic properties, arguing that the industry needs to shift its focus toward preservation rather than demolition. “I see so many historic properties being torn down and the items inside just being tossed or dumped into landfills,” says Alan Moose, a Realtor with ...
The path to success in real estate requires more than just getting licensed and hanging a shingle, according to a Pennsylvania agent who made his own dramatic career pivot after decades in counseling and education. “Be courageous and don’t get disheartened when it doesn’t happen immediately,” advises Alan Moose, now a Realtor with Berkshire Hathaway ...
The rush to implement artificial intelligence risks missing the fundamental point about technology adoption, according to one industry expert with deep experience in both AI and real estate. “The market needs tools that integrate AI into a value chain and AI existing as a horizontal or as a feature is only useful for so long,” ...
Maine’s industrial real estate market is experiencing a significant cooling period after five years of unprecedented growth, according to a veteran broker who sees this as a major shift in one of commercial real estate’s hottest sectors. “Industrial, I think, for the last five years, has probably been the hottest market,” says Samantha Marinko, broker ...
A leading real estate investor is pushing back against widespread predictions that artificial intelligence will decimate office demand, arguing that history shows technological disruption often creates more jobs than it eliminates. “To just assume that humankind will change thousands of years of existence in wanting to leave their homes and go and build things, to ...
Real estate industry veteran Natalie Davis argues that simply including diverse voices isn’t enough – organizations must create environments where people can “show up just as they are,” with their unique cultures and backgrounds celebrated, not just tolerated. The Critical Distinction “When we talk about inclusion itself, we typically think about our space, the environment, ...
