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 ...
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 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 ...
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 ...
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 dramatic shift toward new construction is reshaping Florida’s real estate market, driven largely by buyers seeking to avoid escalating insurance costs on older properties, according to one local expert. “What we’re seeing is people, families want new construction, they want lower insurance,” says Olivia Catanese, team leader at Coldwell Banker‘s 30A division. “With these ...
While many independent brokerages struggle to compete in an increasingly digital real estate landscape, one Maine firm has found success by combining traditional community presence with cutting-edge technology, and refusing acquisition offers from national franchises. “We’re one of those independent firms that loves Main Street foot traffic in a day when everything is digital,” says ...
A veteran New Jersey real estate expert argues that determining the right listing price has become increasingly complex, with seller expectations often working against their own interests in today’s market. “The biggest challenge is that discussing and agreeing to a launch price with a seller is one of the biggest challenges,” says Mark Slade, CEO ...
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 ...
Florida homebuyers obsessing over interest rates may be missing opportunities to build equity, according to a veteran broker who argues the focus on rates over prices could prove costly in the long run. “I don’t think they’re going to see the prices go down,” says Garrett Decker, Broker Associate at NextHome At The Beach. “I ...
Eastern Europe is emerging as an unexpected hotspot in the global luxury real estate landscape, with Romania leading the charge, according to a leading industry expert. “Romania has just been a very robust environment, 25 years as a developing country now, and the infrastructure there and the population looks amazing,” says Michael Jalbert, CEO of ...
Challenging long-held assumptions about real estate wealth creation, one industry leader argues that renting while investing the savings elsewhere may actually generate substantially better returns than traditional homeownership. Richard Ross, CEO of Quinn Residences, points to emerging research suggesting that renters who invest their housing cost savings could end up “$10,000 to $30,000 better off ...
A veteran DC-area real estate expert is challenging the way institutional investors view the DMV market, particularly their outdated perceptions of Arlington and other close-in suburbs. “I saw this during my time at Aetna,” says Chris Ott, now with the Keri Shull Team at eXp Realty, drawing on his experience managing a $400 million commercial ...
