A 20-year-old realtor closing nine deals in his first nine months in the Sioux Falls market is unusual. But according to Rockwell Tornow, Realtor® of Amy Stockberger Real Estate, his early success is not about luck or favorable market conditions. Instead, he attributes it to two factors that younger agents can use more effectively than ...
The broadcast media brokerage market has changed dramatically since the 2008 financial crisis. Transaction volumes have fallen nearly 80% from 2019 levels, and large-scale deals are far less common. Still, for those operating in this specialized segment of commercial real estate, opportunities remain for buyers who understand the distinctive dynamics of radio station ownership and ...
Linda Fleischer of Coldwell Banker Realty says fear of unpredictable HOA increases is making Florida condos nearly unsellable to the demographic that should want them most. Florida’s condominium market is facing a crisis that goes beyond recent changes to reserve requirements and new mandates for special assessments. According to Linda Fleischer, a licensed real estate ...
The public construction industry faces a pricing disorder that surpasses the confusion of pre-Internet real estate, according to one industry insider. While residential homebuyers once struggled to value properties without reliable sales data, contractors bidding on public infrastructure projects face even greater information gaps—resulting in bids on identical projects that can differ by millions of ...
Ohio developers face a permitting problem unrelated to market demand or project quality, according to Brian Lorenz, Director of Planning and Permitting for the Ohio House of Representatives. Instead, Lorenz says, developers must navigate overlapping jurisdictions that require the same permit applications to be submitted multiple times—often with conflicting requirements that can make projects economically ...
The short-term rental market has reached a turning point after several years of volatility. Key performance metrics have stabilized, and investment conditions are improving for the first time since the pandemic-driven boom. Industry data shows occupancy rates have stopped their multi-year decline, while cash flow metrics for new acquisitions have recovered to their highest levels ...
Pinellas County’s coastal real estate market is undergoing a period of rapid adjustment, shaped by new regulations, hurricane impacts, and changing economic conditions. For investors and industry professionals, understanding these shifts is essential to identifying both risks and emerging opportunities in a market that has moved far from its recent post-pandemic highs. Mark Hartman, leader ...
The Tampa Bay real estate market is undergoing a period of adjustment as buyers and sellers contend with the lingering effects of recent hurricanes, rising insurance costs, and uncertain economic conditions. Local agents describe a market defined by cautious optimism, selective buyer activity, and evolving pricing patterns. Hurricane Impact Leaves Ongoing Market Challenges The hurricanes ...
Florida’s real estate market is contending with a wave of regulatory changes that are altering how developers, investors, and property owners approach projects. From sweeping condominium reforms following the Surfside collapse to debated affordable housing mandates, these laws are creating both hurdles and new opportunities across the state. A Virtual Law Practice in a Changing ...
Connecticut’s commercial real estate market is experiencing record activity, fueled by an influx of New York buyers and growing interest from institutional investors. Amid this surge, boutique brokerages are proving they can compete with national firms by emphasizing exclusive tenant representation and personalized service. Kravet Realty LLC, led by Jeff Kravet, exemplifies how smaller firms ...
Builder-offered rate buydowns are drawing buyers away from resale homes in Jacksonville, creating a market split where financing terms, not home quality, determine buyer decisions, according to Jan Rice, a licensed realtor with Momentum Realty Jacksonville. A Growing Divide in Mortgage Rates Jacksonville’s residential market is seeing a pronounced gap in financing options. While national ...
The belief that real estate can deliver quick profits is being tested in Florida, where market conditions have shifted sharply since the pandemic boom. According to Randall Rintala, Associate Broker at Berkshire Hathaway HomeServices Beach Properties of Florida, buyers need to rethink their expectations about how and when real estate investments pay off. Rintala, who ...
The Chicago real estate market attracts professionals from many backgrounds, but few combine performance skills and personal engagement like Sherry Watkins, Real Estate Broker Associate at Baird & Warner. A professional opera singer who moved into real estate during the pandemic, Watkins has found her two careers reinforce each other in practical ways. From Stage ...
Real estate teams nationwide are encountering a consistent ceiling in growth, typically stalling at about 15 to 20 agents. Nate Armstrong, Chief Sales Director at K2 Omni Group, which operates in five states, says the cause isn’t market conditions or insufficient leads. Instead, it’s a structural flaw: most teams are led by individuals who cannot ...
The real estate development landscape in California is undergoing a significant shift, driven by new legislation and powered by innovative technology platforms that are changing how developers identify and evaluate opportunities. At the forefront of this change is Deepblocks, a proptech company that has positioned itself as a critical tool for navigating California’s evolving housing ...
