A new law intended to protect renters has inadvertently pushed rent-stabilized apartments underground, according to Rachel Fiegler, Co-Founder of Pinpointe Group, who says landlords are increasingly moving listings off public platforms. “Rent stabilized apartments aren’t being advertised online anymore because they can’t bake in the broker fee,” Fiegler says, describing an unintended consequence of New ...
The Orlando housing market has hit a mathematical wall that no amount of optimism can overcome, according to local real estate veteran Brenden Rendo who points to a stark disconnect between income growth and home prices that’s freezing many buyers out of the market. The Numbers Don’t Add Up “Average family income in Oviedo is ...
While many investors remained skeptical of San Francisco’s recovery prospects throughout 2024, one multifamily investment firm was already positioning itself to capitalize on the market’s rebound, a contrarian bet that appears to be paying off. “I know everyone is talking about the Bay Area recovery right now, but I think what is a little different ...
The days of chocolate chip cookies and Sunday-afternoon open houses may be numbered, according to one prominent Texas real estate leader who oversees nearly 3,000 agents across 14 offices. “Sellers do not love Sunday-afternoon open houses with strangers going through their closets and chocolate chip cookies. There is nothing about that that is actually what ...
The luxury real estate market is undergoing a fundamental shift away from traditional mass marketing approaches toward more personalized, relationship-driven services, according to a leading industry expert. “Luxury clients in our area, they’re not just going out there looking to be marketed to with mass media ads. They are wanting to build relationships. They’re looking ...
The Piedmont Triad’s real estate market is experiencing a significant shift in how top-performing brokers approach property marketing, with many now proactively seeking professional staging services, a dramatic change from just a few years ago, according to one industry expert. “We’re seeing a lot more interest as a strategy among some top performing brokers, where ...
The expectations of commercial real estate tenants have fundamentally shifted over the past five years, with sophisticated digital infrastructure becoming a key differentiator for properties, according to one industry expert who sees many owners falling behind market demands. “Tenant need and want and tenant demand has changed in the past five to seven years, and ...
Despite facing competition from well-funded institutional investors, local Texas cash buyers are finding success by emphasizing personal relationships and market knowledge, according to Lisa Martinez, Founder of TX Cash Home Buyers. “Sometimes we do lose out. But then there are some sellers that rather work with a smaller company, kind of more personal, versus just ...
Katie Cline, host of hospitality podcast Suite Success, argues that over-automation is creating a dangerous disconnect between hosts and guests in the short-term rental market. The Human Element in a Digital World According to Cline, while automation tools promise efficiency, they often miss crucial opportunities for personalization that can make or break a guest’s experience. ...
A veteran Detroit broker says the public often fails to understand the increasingly complex role of real estate professionals, comparing agents to ducks that appear to glide smoothly across water while paddling furiously beneath the surface. “It’s harder than we make it look. We make it look really graceful and smooth. It’s like the little ...
Amid soaring coastal real estate prices, investors from across the country and internationally are discovering exceptional value in Detroit’s historic housing stock, according to a veteran local broker who argues these properties offer unique advantages often overlooked by locals themselves. “These houses were built by the auto barons who used excellent, excellent materials to make ...
A new breed of mid-sized real estate operators is emerging, combining institutional-grade expertise with the agility to pursue opportunities across specialty housing sectors, according to one industry leader. “I just joined them in April, which was really exciting. I got to join their executive leadership, and I came from a much larger institutional owner operator,” ...
California’s ambitious housing laws face an ongoing challenge: local governments tasked with implementation often lack understanding of how to properly process lot split applications, according to industry experts working directly with municipalities across the state. The Knowledge Gap “Almost all municipalities legitimately want additional housing and additional units, but they don’t know what they don’t ...
The multifamily housing market is facing a severe and potentially long-lasting supply shortage that could reshape the industry, according to Jason Yarusi, Managing Member of Yarusi Holdings, who warns that construction constraints are creating a widening gap between supply and demand. “We need something on the cusp of, in this decade, 15 million units, and ...
A significant shift is occurring in Toronto’s real estate market as long-term urban homeowners increasingly opt for suburban properties, driven by changing lifestyle needs and financial considerations, according to veteran real estate professional Paul Indrigo of Century 21. “Every property sort of has its life cycle with people,” Indrigo says. “For certain people, depending on ...
