An increase in home renovations is reshaping Long Island through upgrades to existing properties rather than new development. Instead of selling and moving to larger homes, many homeowners are expanding their current properties. This shift redirects capital and labor away from the traditional resale market. According to Susan MacDonald, a real estate salesperson at Daniel ...
In New Jersey’s Ocean and Monmouth Counties, a new dynamic is reshaping the housing market: investors are routinely outbidding traditional homebuyers, pushing prices beyond what owner-occupants can justify. Johnny Guan, founder at The JG Team, says this trend is now a defining feature of the region’s real estate landscape. “I’m watching investors pay more, willing ...
The St. Petersburg real estate market is undergoing a significant recovery after the severe hurricanes of late 2024, while also moving away from the seller-driven frenzy that defined the past several years. Agents and teams now face a landscape that demands new strategies, greater client education, and a clear understanding of shifting market forces. Jake ...
In an industry built on relationships, handshakes, and property tours, Vlado Konatar from Kona Realty Group just closed one of his most unusual transactions. A buyer in Croatia, who has never set foot in the United States, purchased a million-dollar Sarasota property after seeing the Kona Realty Group founder in a social media video. A ...
Most people assume luxury buyers in New York City are motivated by status. The bigger the price tag, the better. In practice, the opposite is closer to the truth. In New York, price does not necessarily indicate value. Two apartments in the same building can trade at materially different prices per square foot depending on ...
Billionaire-funded “Ambition Accelerated” initiative positions Gold Coast as unified business capital while corporate relocations accelerate The $10 Million Regional Marketing Play Ken Griffin and Stephen Ross each contributed $5 million to launch “Ambition Accelerated,” a national campaign targeting CEOs and founders in high-cost cities with messaging positioning South Florida’s Gold Coast as a unified economic ...
Building a custom luxury home in Florida can quickly turn from a dream project into a costly ordeal. Unlike traditional home purchases, which typically involve fixed prices and clear deliverables, custom home construction operates under a system that often leaves buyers exposed to significant financial risk, especially in the luxury segment, where cost overruns of ...
In Bergen County, buyers who delay homeownership while waiting for lower interest rates or more inventory may miss out on approximately 9% annual home price appreciation. According to Cathy Banu, team leader of the Cathy Banu Real Estate Team at Keller Williams Village Square Realty, the financial and emotional costs of waiting often outweigh the ...
Broad statements about Queens real estate often overlook how individual neighborhoods respond differently to rising interest rates and economic pressure. According to Stella Shalamova, sales representative at EXIT Realty First Choice, some Queens neighborhoods saw only minor price declines during the 2008 market collapse, while others are experiencing larger corrections in the current cycle. This ...
A fragmented underwriting system creates persistent delays as regional processing centers struggle with national deal volume. The Small Business Administration (SBA) loan process is contributing to delays in business acquisitions, with closing times often stretching four to five times longer than the 45-day timelines some banks advertise. Kerrian Latty, a Realtor and business broker at Better ...
The North Alabama real estate market has moved past the volatility of the pandemic years and is settling into a more stable, sustainable rhythm. While the days of weekend sales and bidding wars are over, the region continues to benefit from job growth and steady relocation activity, keeping foundational demand strong. Nina Soden, team leader ...
Richmond, Virginia’s real estate market has changed dramatically over the past century, moving from post-Civil War construction to today’s technology-driven industry. At the center of this evolution is John Finn Jr. of United Real Estate Richmond, whose family’s involvement in property and construction spans five generations. Finn’s experience offers a detailed view of how the ...
Florida’s ongoing construction boom has created a labor market in which skilled subcontractors wield more power than builders or clients, and a shortage of experienced tradespeople has become a persistent barrier to project timelines and costs. This constraint is especially acute in the luxury custom sector, where projects require a level of craftsmanship that few ...
Florida’s luxury residential development market is undergoing rapid change as artificial intelligence (AI) alters how buyers search for, evaluate, and select properties. This shift comes as the market moves past the pandemic-driven buying surge into a more stable, measured pace, forcing developers and marketers to adapt quickly or risk losing ground. Laurie Andrews, President of ...
The Canadian housing market is not a single, unified system — it is a collection of distinct local markets shaped by varying supply and demand, policy decisions, and migration patterns. Yet national coverage often treats Toronto, Vancouver, Calgary, and Edmonton as if they respond to the same forces. This approach overlooks a key trend evident ...
