Coastal Connecticut’s real estate boom is creating unexpected ripple effects inland, with secondary markets like Waterbury seeing unprecedented price appreciation and competition, according to one veteran Connecticut agent. Rudolph Perkins, a Coldwell Banker agent with over two decades of experience in the Connecticut market, says Waterbury properties are now routinely selling above asking price, a ...
The real estate industry stands on the brink of a technological transformation that will fundamentally change how properties are evaluated and presented, according to one industry expert. “We’re now seeing a transition…there’s a technology shift that everyone is aware of, and we’re now just trying to figure out how this applies in the real estate ...
While many builders are inserting escalation clauses to protect against rising material costs, one Connecticut firm is taking the opposite approach, absorbing most cost increases rather than passing them to buyers. “We take a lot of pride in being an at-risk builder…once you sign a contract with us, if materials end up costing more, whether ...
While much of the nation grapples with market uncertainty and growing inventory, Connecticut faces a persistent and intensifying housing shortage that shows no signs of easing, according to a veteran builder in the state. “Here in Connecticut, we have kind of a unique situation. We continue to have record level shortage in housing here. So ...
Los Angeles real estate expert Sara Skelton, a Realtor at eXP Realty and host of The LA Real Estate Podcast, says California’s property insurance market is rapidly contracting, creating a new crisis for homeowners and buyers in high-risk areas. The Shrinking Market “As of a couple of years ago, there was only two insurance companies ...
The solution to America’s housing affordability crisis might not require building a single new structure, according to Craig Curelop, co-founder of The FI Team at eXp Realty. Instead, he argues that reimagining how we use existing single-family homes could dramatically expand housing availability almost overnight. “With our current infrastructure, we could basically 6-7-8 times the ...
A critical gap exists in South Florida’s residential market that most developers have overlooked, according to Jerad Graham, Development Principal at Kastelo Development. “The medium density residential hasn’t been built for both economic reasons and also for policy and regulatory reasons,” Graham says, highlighting an opportunity that could reshape the region’s housing landscape. The Market ...
In an era of increasing housing transience, one sector stands out for its remarkable stability: manufactured housing communities, where average tenancy stretches nearly two decades, according to one industry leader. “The average tenant in our communities stays for over 17 years,” says Michael Anise, CEO of FG Communities. “A lot of them just pass it ...
Urban infill development in Florida is undergoing a dramatic transformation, as developers find creative ways to maximize compact sites while delivering luxury amenities. Jerad Graham, Development Principal at Kastelo Development, says this evolution requires rethinking traditional approaches to space utilization. The Challenge of Urban Sites “Because it’s an urban infill project and not built out ...
The real estate industry’s debate over off-market listings has largely focused on ultra-luxury properties and celebrity privacy concerns. However, Michele Harrington, CEO of First Team Real Estate, argues this narrative misses a crucial market segment: everyday families seeking convenience and minimal disruption during the sales process. The Hidden Value of Pre-Market Strategy “If I could ...
“Many people are fearful. They don’t want to experience that situation again,” explains Asher Walli, a real estate agent with Charles Rutenberg Realty who has been serving Florida’s Pinellas County area for nearly eight years. After experiencing three consecutive hurricanes in late 2024, the St. Petersburg-Clearwater-Tampa real estate market is undergoing significant changes that could ...
The Pacific Northwest’s small communities face a complex balancing act: maintaining their historic charm while addressing modern housing needs and state mandates for increased density. Gig Harbor, Washington, a picturesque waterfront city of 13,000 residents, exemplifies this challenge as it works to shift from a single-family residential enclave into a more diverse housing market. Eric ...
While real estate technology companies tout digital solutions as essential for agent success, Michele Harrington, CEO of First Team Real Estate, presents a contrasting reality: many top-producing agents still rely on basic tools like spreadsheets, challenging conventional wisdom about technology adoption in real estate. The Technology Adoption Gap “In reality, 80% of agents are never ...
A veteran Pennsylvania real estate agent is pulling back the curtain on a surprising market dynamic that challenges conventional wisdom about today’s housing landscape: properties just one township apart can face dramatically different market conditions, with one drawing 40+ potential buyers while another struggles to attract interest. Nicholas “Nick” Vandekar, a Real Estate Agent with ...
In a surprising shift, buyers in Philadelphia’s competitive Main Line market are increasingly choosing new construction over existing homes, not necessarily for the appeal of new features, but to avoid the emotional toll of bidding wars, according to one veteran real estate agent. Nicholas “Nick” Vandekar of Realty ONE Group Advocates has observed a clear ...
