Outdoor amenities now trump density in community planning, according to 40-year development expert. The COVID-19 pandemic has fundamentally shifted what homebuyers want from master-planned communities, with outdoor spaces and nature access now taking precedence over traditional amenities, according to Lisa Clark, Senior Vice President of Master Planned Communities at W Land Development. The Shift Toward ...
A surge in new construction is forcing existing home sellers to significantly adjust their pricing strategies in Central Florida, according to Michael Dorman of Elevate Real Estate Brokers, who sees a fundamental shift in buyer preferences. The New Construction Challenge “With the new construction taking off, they’re having to come down to be competitive with ...
Recent zoning changes in Boise have created new opportunities for alternative housing development, with both ADUs (Accessory Dwelling Units) and co-living arrangements gaining traction among investors, according to Jonna Weber, founder of the Idaho Real Estate Investor Network. Regulatory Shifts Drive Opportunity “Boise recently revamped their whole code, zoning codes, and so it’s making it ...
A stark divide is emerging in Florida’s housing market between sellers who can afford to wait out challenging conditions and those forced to make aggressive price cuts, according to veteran real estate agent Jacqueline Coleman of Coldwell Banker. The Market Bifurcation “I have a seller who has increased that price where most people are reducing, ...
Industry expert argues rising costs are forcing innovation in transaction fee structures. The convergence of record-high home prices and mortgage rates has created an unprecedented affordability crisis that’s driving demand for alternative transaction models, according to Nico Jodin, CEO of digital real estate platform Beycome. The Affordability Squeeze “The price of housing never be that ...
The next generation of electrical contractors is transforming their traditional business model by embracing smart home technology, according to Dan Ross, VP at smart home technology company Brilliant. This shift represents both a cultural change and a significant business opportunity in an industry historically focused on basic wiring installations. The New Face of Electrical Contracting ...
The traditional home inspection report filled with static photos and technical jargon is becoming obsolete, according to one industry expert who argues that video documentation is revolutionizing how property conditions are documented and disputes are resolved. “A picture is worth 1,000 words, but a video is worth 10,000 and provides irrefutable evidence as to what ...
A perfect storm of economic and regulatory challenges has created the worst environment for new construction in nearly 80 years, according to one prominent Chicago developer who sees alarming parallels to post-war building constraints. “I’ve arrived at the thinking that we’re at the most difficult time to build since World War II, because everything seems ...
The Los Angeles luxury real estate market is facing a growing crisis that has nothing to do with interest rates or property values – skyrocketing insurance costs in fire-prone areas are derailing transactions before they even begin, according to a leading market expert. “Before we even write an offer, we say, talk to some insurance ...
Katie Cline, host of hospitality podcast Suite Success, says high urban housing costs are driving a new investment strategy she calls “buying your second home first,” and it’s working better than traditional approaches for many city dwellers. The Numbers Game “The median sold price of a home in Manhattan was $1.3 million,” Cline says, describing ...
The Austin real estate market is experiencing an unprecedented psychological shift, with buyer hesitancy reaching levels that suggest deeper concerns beyond just interest rates, according to a veteran market observer. “One of the biggest things I’m noting is that there is a lot of buyer hesitancy,” says Ryan Gomillion, Director of Operations at Gill, Denson ...
Miami’s luxury real estate landscape is undergoing a dramatic transformation driven by an influx of young tech professionals, forcing mature buildings to rethink their amenity offerings and service models. “Florida demography is changing drastically, and it’s not a retired state anymore,” says Gisele Saygi, Co-Founder of A-List Managers. “There’s so many youngsters, from technology companies ...
Miami’s international buyer landscape is undergoing a significant shift, with traditional Canadian snowbirds retreating while South American investors show renewed interest, particularly in new construction projects, according to Maite Munoz of Prime One Realty. The Canadian Cooling “Travel to the US is down from the Canadian side,” Munoz says, pointing to multiple factors including tariffs, ...
A concerning trend is emerging in the Los Angeles luxury real estate market, where some agents are abandoning traditional commission structures for flat fees that one industry expert warns could ultimately hurt sellers. “These sellers are meeting with other listing agent potentials, and they’re going, ‘I’ll just do it for 20 grand. Like, forget even ...
Facing mounting regulatory requirements and rising interest rates, New York City building boards are developing innovative funding strategies beyond traditional assessments and loans, according to Julie Schechter, Partner at Fox Rothschild. The Financial Squeeze “A lot of buildings were forced to get creative on alternative ways of raising money,” Schechter says, noting that traditional funding ...
