The insurance crisis that disrupted Southwest Florida’s real estate market throughout 2024 is easing rapidly, with insurance quotes dropping nearly 50% from peak levels, according to Kevin Shelly, broker and owner of Kevin Shelly Realty. This sharp decline in insurance costs is stabilizing coastal property transactions that had previously stalled or collapsed due to unaffordable ...
The luxury condominium market in South Florida is facing a glut of high-end supply aimed at a shrinking pool of ultra-wealthy buyers, according to Eric Scheffler, Co-Founder and Managing Partner at Invictus Real Estate Partners. Scheffler, a New York-based expert with 31 years of experience and $2 billion in recent deals, warns that current development ...
Construction innovation company Juno, which first made waves with its mass-timber, kit-of-parts apartment system, is entering the next stage of its evolution as an owner’s-rep and prefab strategy partner, according to Co-Founder and Chief Operating Officer Jen Canchola. In a recent interview, Canchola detailed how the company’s recent pivot led to a complete overhaul of ...
Local real estate expert Jennifer Vigoa recently provided a detailed comparison of single-family homes, townhouses, and condominiums in Palm Beach County, offering buyers and investors a clear look at current trends and market performance in key areas. Market Comparison Overview Vigoa, who works across Boca Raton, Delray Beach, and Wellington, emphasized that single-family homes are ...
In the competitive world of residential real estate, Keypr has introduced a new approach to commission costs that are often seen as untouchable. In a recent interview, John Asher, CEO of Keypr, discussed how the company is addressing one of the industry’s most established pricing structures. “Keypr is our solution to update how to buy ...
Even well-funded proptech companies with nearly $40 million in backing can encounter capital allocation challenges that force strategic pivots. Rentberry’s recent withdrawal from modular housing construction highlights the often-overlooked economics of real estate development for platform companies. The rental platform, which serves 4 million monthly users globally, launched an initiative targeting digital nomads and travelers ...
Keypr, a real estate technology company, is reshaping how home buyers handle property transactions with its platform that integrates artificial intelligence and strategic professional support. In a recent interview, John Asher, CEO of Keypr, discussed how their solution is being used in the Ontario residential market. “We have painstakingly created our own real time market ...
The luxury real estate market in Miami is experiencing a counterintuitive trend where dramatic price reductions do not signal a genuine market correction, according to Ignacio Villanueva, Senior Director of Luxury Sales at Compass. In a recent interview, Villanueva shared insights on how headlines about market crashes often misrepresent the true pricing dynamics. “You saw ...
Home prices in Jacksonville Beach have risen 12.8 percent year-over-year, far outpacing the broader Jacksonville market. However, condominiums in the area are experiencing a sharp downturn, creating a widening gap between property types that is reshaping the local real estate landscape. David Corbitt, broker at 1 Percent Lists First Coast, describes the performance split as ...
After years of intense competition and multiple offers, Miami’s luxury real estate market has shifted in favor of buyers, creating new negotiation opportunities according to local experts Carolina Lopez and Katherine Lopez of ONE Sotheby’s International Realty. In a recent interview, the Lopez sisters discussed how market dynamics have changed and why they’re advising clients ...
Recent analysis of resident maintenance experiences is providing new insights into multifamily lease renewal patterns, according to Ray Hespen, CEO and Co-founder of Property Meld. In a recent interview, Hespen shared findings from research involving over 110,000 first-year leases, revealing how specific maintenance issues during the initial 90 days can significantly impact residents’ decisions to ...
In today’s real estate market, basic maintenance outweighs cosmetic upgrades, and even significant price reductions often fail to revive properties that linger on the market. According to Angie Heitzer of Summer House Realty, buyers are increasingly unwilling to consider homes that require immediate repairs, signaling a shift in how sellers should prepare their properties. “Once ...
Guest House has introduced a streamlined process for preparing homes for market, according to Alex Ryden, Founder and CEO of Guest House. In a recent interview, Ryden explained how their tech-enabled solution is improving the residential real estate sector by bringing multiple services onto a single platform. “Traditionally, to group all these services together, you’re ...
The residential market in Pensacola is undergoing a significant shift in pricing strategy effectiveness, according to veteran broker Alexis Bolin of Keller Williams Gulf Coast. With 47 years of experience, Bolin asserts that traditional markup pricing approaches are no longer working, while strategic competitive pricing is producing multiple offers even amid higher interest rates. “In ...
The Tampa Bay rental market is facing an affordability challenge, with nearly 10% of tenants unable to pay rent on time, according to local property management expert Lei Cheng. In a recent interview, Cheng discussed how rising costs and declining rental income are straining tenants, property managers, and homeowners. “Out of the 700 rentals we ...
