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 ...
A severe housing shortage along Oregon’s northern coast is forcing employers to take extraordinary measures to maintain operations, according to industry expert Rashelle Newmyer, who points to growing opportunities for strategic investment in the region. The Worker Housing Crisis “Rogue Breweries in Newport, Oregon, sometimes they’ll shuttle in people from Portland to come work at ...
A surprising trend is emerging in Connecticut’s competitive housing market: young buyers are increasingly relying on family wealth and unconventional funding sources to compete in an environment where traditional financing often falls short. “It’s interesting how, all of a sudden, now that the market’s challenging, people are coming out of the woodwork with cash,” observes ...
A significant demographic shift is reshaping Connecticut’s real estate landscape, as longtime residents increasingly look south for retirement, according to one of the state’s top real estate professionals. “Now I’m kind of seeing an exodus, not of [COVID buyers], but Connecticut people like moving to the Carolinas and Florida,” says Jill Taylor, Managing Director at ...
Leading luxury real estate expert cautions that excessive personalization is creating resale challenges in high-end market Highly personalized luxury homes are becoming increasingly difficult to sell, according to veteran Coldwell Banker agent Marilyn Profit, who warns that over-customization is emerging as a significant challenge in the high-end real estate market. The Customization Conundrum “When sellers ...
A growing wave of homeowners in Florida’s coastal communities are abandoning properties not due to market conditions, but repeated flooding events, according to a veteran real estate broker who sees climate impacts reshaping neighborhood dynamics. “A lot of people in Port Orange and Daytona Beach have flooded two, three times, and they’re saying ‘You know ...
The rising cost and complexity of insuring waterfront properties is fundamentally reshaping coastal real estate markets, according to Kevin Donovan, a waterfront specialist broker with COMPASS. The Insurance Tipping Point “Insurance considerations have become a critical factor in waterfront transactions, often influencing both pricing and buyer decisions,” Donovan explains. The veteran broker has observed a ...
The luxury waterfront real estate sector is experiencing a technological revolution that goes far beyond virtual tours, according to Kevin Donovan, a seasoned waterfront property specialist at COMPASS. Digital Evolution in Property Evaluation “Technology has transformed how we present and evaluate waterfront properties. It’s not just about virtual tours anymore, we’re using advanced mapping tools ...
