New York State has led the nation in historic tax credit projects over the past decade, completing more projects than the next three states combined. Yet, behind these numbers, developers face significant hurdles related to timing and project preparation that often go unrecognized. Michael Puma, Principal and Project Manager at Preservation Studios, says that while ...
The residential real estate market is facing an affordability crisis that is not simply the result of temporary interest rate hikes, according to Joseph Bograd, a team leader at Bograd Team with 25 years of experience in Pennsylvania, New Jersey, and Florida. Bograd argues that the financial calculations that once allowed middle-class buyers to purchase ...
A growing disconnect defines Pacific Northwest real estate: many sellers believe listing their home is enough, even as market conditions demand a far more strategic approach to achieve a sale. Ellen Bohn, managing partner at The Agency Camano Island, says this distinction is crucial as properties spend more time on the market and buyers grow ...
Wellington’s real estate market has changed sharply since the post-COVID surge, but Jim Corbin, an associate at Illustrated Properties with nearly five decades in the business, says the slowdown is often misunderstood. Properties that once sold within days now linger for 30, 60, or even 120 days, but Corbin insists this does not signal a ...
As Naples residential sales have fallen 20% and inventory has reached five-year highs, one brokerage’s strict pricing strategy is producing measurable results. Kathryn Zangrilli, broker/owner of Broker Brothers LLC, says her firm closed over 50 deals last year by refusing to take on overpriced listings—even if it means turning down potential business. “We won’t take ...
Wellington’s real estate market stands apart from other Florida markets due to a powerful, recurring economic engine: an annual international equestrian event that brings thousands of wealthy competitors and their teams to the area for 13 weeks each year. Jim Corbin of Illustrated Properties, a Wellington real estate agent since 1978, says this influx has ...
A demographic shift is underway in the Pacific Northwest’s real estate markets, disrupting the simple narrative of pandemic-driven migration. On Camano Island, a lifestyle-focused community north of Seattle, agents are seeing unusual buyer patterns: a simultaneous influx of first-time buyers and a wave of downsizing seniors. Ellen Bohn, managing partner at The Agency Camano Island, ...
As real estate companies accelerate their move to digital platforms, one Pacific Northwest broker argues the industry is overlooking a crucial asset: the ability for clients to walk in and build a personal relationship with a broker. While much of the real estate industry has spent the last decade investing in online platforms, Ellen Bohn, ...
St. Petersburg’s real estate market is facing a pricing mismatch that standard metrics fail to capture, according to veteran agent Joshua Neitz. While official data shows home prices down five to six percent year-over-year, Neitz says these numbers obscure a deeper problem: sellers routinely list homes above market value, leading to artificial price reductions that ...
Real estate agents struggling to motivate buyers in today’s high-rate environment may be approaching the problem from the wrong angle, according to one team director who says the key is reframing the entire conversation around what buyers can control versus what they can’t. Nate Armstrong, Chief Sales Director at K2 Omni Group, has developed a ...
Lancaster, Pennsylvania’s residential market is booming with 10.7% year-over-year home price appreciation and multiple high-rise apartment projects coming online. But according to one veteran developer, the assumption that residential density automatically revitalizes downtown commercial districts is proving dangerously wrong. John Meeder, President of Meedcor Development, has watched Lancaster add hundreds of new units in apartment ...
First-time homebuyers in Rhode Island are systematically losing to investors and cash buyers – not because they lack resources, but because they’re pursuing the wrong strategy entirely, according to one industry professional who’s witnessed the competitive dynamics firsthand. Walt Buteau, a real estate advisor at Engel & Völkers Oceanside, argues that the conventional wisdom about ...
Rhode Island’s housing inventory crisis isn’t just about homeowners clinging to low mortgage rates—it’s about a complex web of psychological barriers creating what one industry expert calls a “domino effect” of market paralysis. Walt Buteau, a real estate advisor at Engel & Völkers Oceanside who transitioned from investigative journalism to real estate in 2024, argues ...
The South Florida luxury condo market is experiencing a dramatic split that’s reshaping buyer behavior across the region. While older condos have seen prices drop 46%, new construction has surged 50%, according to market data – a divergence that industry professionals say reflects fundamental structural changes rather than typical market fluctuations. Kirsten Smith, a Realtor ...
The South Florida luxury real estate market is experiencing a clear bifurcation, with the $2-5 million segment showing resilience while other price points face challenges, according to an agent working directly in the region’s high-end market. Kirsten Smith, a Realtor Associate at Douglas Elliman Real Estate specializing in luxury properties, says different market segments are ...
