Help, advice and practical how-to-guides for real estate investors
The head of a financial technology company working in emerging markets says inefficient property verification systems are creating massive barriers to economic development, with some rural banks spending an entire day verifying a single property claim before issuing loans. “A loan officer has to take an entire day and go travel out to the farm… ...
A fundamental shift in buyer behavior is disrupting the traditional property ladder progression in Canadian real estate, according to industry veteran Michael Phinney, President and CEO of Phinney Real Estate. This disruption is creating a ripple effect throughout the market, affecting everything from entry-level condos to luxury properties. The Stalled Domino Effect “There’s sell first, ...
A concerning trend is emerging in Canada’s luxury real estate market as high-net-worth homeowners increasingly look to leave the country, according to Michael Phinney, President and CEO of Phinney Real Estate, one of Royal LePage’s top five teams in Canada. The Tax-Driven Exodus “This year, I’ve heard more than before, there’s a lot of people ...
While luxury buyers chase turnkey properties in Greenwich’s competitive market, they’re overlooking significant opportunities in land development, according to Danielle Claroni, Senior Global Real Estate Advisor at Sotheby’s International Realty. “There are parcels available, and some of them are in really fantastic neighborhoods,” Claroni says. “But people don’t want to wait the two years it ...
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 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 ...
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 ...
While much of Florida’s real estate market grapples with declining sales and price corrections, one segment remains remarkably resilient according to local experts: properties near military installations. “Military stays really, really solid. If you’re an agent that works with military, you’re still doing really well,” says Olivia Catanese, team leader at Coldwell Banker‘s 30A division. ...
A remarkable trend is emerging in Dearborn, Michigan, where local coffee shops are rapidly expanding into national franchise operations, according to Angela Fortino, Deputy Director of Economic Development at the City of Dearborn. “We are self-proclaimed the coffee capital. We have over 35 unique coffee roasting and cafe businesses,” Fortino says, highlighting how one local ...
The surge in real estate professionals launching podcasts has revealed a critical flaw in how many approach the medium, according to Tomás Fonseca, CEO of Icons of Real Estate, who warns that lack of clear vision is derailing many would-be podcasters before they begin. “We always like to attach an objective to the podcast. We ...
Property expert says economic development initiatives are creating unexpected retail opportunities in secondary markets. A wave of semiconductor manufacturing investment is reshaping the retail landscape in unexpected corners of Texas, according to one leading retail property investor who sees these economic development initiatives creating compelling new opportunities. “Sherman is seeing tremendous investment from chip manufacturing ...
The path to acquiring distressed properties in New York City involves far more than just negotiating with banks, according to Sean Sedaghatpour, Principal of Elisheva Realty. He says success requires navigating a complex web of city agencies, violations, and regulatory requirements that can make or break a deal. The Hidden Regulatory Hurdles “In New York, ...
Vail’s luxury real estate market is being driven by more than just skiing, with international buyers and world-class cultural amenities creating year-round demand, according to a leading local broker. “There are certain times of the year, like around Easter, that you hear more Spanish on the streets than you do English,” says Mark Gordon, Owner/Broker ...
Expert calls for increased education and support to help more women build wealth through property investment. The commercial real estate industry faces a dramatic gender imbalance that represents both a challenge and an opportunity, according to veteran investor Monick Halm. The Scale of the Gap “Only about 31% of all real estate investors are female, ...
