The Caribbean real estate market operates on fundamentally different financing principles than North American markets, creating both significant barriers to entry and extraordinary opportunities for investors with available capital, according to an industry expert. David Kafka, broker/owner of RE/MAX 1st Choice Belize, says financing remains one of the most misunderstood elements of Caribbean real estate. ...
The real estate brokerage industry is under increasing pressure to reduce costs while maintaining high service standards. As physical office spaces become more expensive and competition grows, brokerages are adopting integrated technology platforms to improve efficiency, support agents, and remain viable in a changing market. Cheryl Wellman, Chief Financial Officer at AccountTECH, has more than ...
The luxury real estate market is experiencing rapid technological advancement, with artificial intelligence and data analytics now essential for navigating an increasingly complex landscape. As market conditions evolve and buyer expectations rise, forward-thinking brokerages are leveraging technology to maintain a competitive edge while delivering the personalized service expected by high-net-worth clients. Rod Watson, founder of ...
Over the past decade, social media has become a major force in real estate business development. Joseph Bograd, leader of The Bograd Team, has leveraged digital marketing to expand his real estate operations from Pennsylvania into Florida and New Jersey, amassing more than 300,000 social media followers in the process. Building a Business Amid Crisis ...
Licensed contractor Tara Whitley shares her experience with Contractor Training Center’s (CTC’s) NASCLA exam preparation program. Tara Whitley, a general contractor working in Onslow County, North Carolina, recently completed Contractor Training Center’s NASCLA exam preparation course. After successfully obtaining her general contractor’s license, Whitley shared her candid review of the program that helped her transition ...
Rhode Island’s real estate market faces a mix of low inventory, changing buyer expectations, and increased competition. For agents starting or growing their careers in this environment, success depends on local knowledge, adaptability, and a willingness to approach problems creatively. Walt Buteau, a real estate advisor with Engel & Völkers Oceanside, entered the field full-time ...
The 110-acre CNH Industrial site in Burr Ridge, Illinois, highlights a common challenge in suburban America: when a major employer leaves, communities must decide how to balance new development with maintaining local character and stable finances. Burr Ridge is responding to such a challenge by changing how it plans for major redevelopment, aiming to avoid past missteps ...
Secondary markets across the United States are navigating new realities in the wake of the pandemic, but few illustrate these complexities as clearly as Lancaster, Pennsylvania. While residential home prices have climbed 10.7% year-over-year to a median of $280,000, the city’s commercial sector is facing significant obstacles. This divergence highlights both the strengths and the ...
The South Florida luxury real estate market is experiencing a clear bifurcation, with the $2-5 million segment showing resilience while other price points face challenges, according to an agent working directly in the region’s high-end market. Kirsten Smith, a Realtor Associate at Douglas Elliman Real Estate specializing in luxury properties, says different market segments are ...
Florida’s real estate market is experiencing a contract failure epidemic, with over 18% of buyers walking away from deals in October alone – but according to one experienced broker, the problem isn’t what most industry professionals think it is. Kathryn Zangrilli, broker-owner of Broker Brothers LLC with 25 years of experience across Jacksonville and Naples ...
The South Florida industrial real estate market is moving past the volatility that followed the pandemic-era surge, with investors and owners settling into a new phase defined by more realistic pricing and renewed deal activity. After a period of uncertainty, brokers and buyers are reporting a measurable uptick in transactions and a clearer sense of ...
Wellington’s equestrian industry has created a unique real estate ecosystem where vacant land commands million-dollar-per-acre premiums and international buyers from 27 countries compete for properties based on proximity to horse shows rather than traditional amenities, according to a veteran agent with nearly five decades of local market experience. Jim Corbin, an associate at Illustrated Properties ...
South Florida’s condo market is experiencing a dramatic affordability crisis as insurance costs and regulatory changes drive maintenance fees to levels that are pricing out local buyers, according to a veteran real estate professional with nearly five decades of market experience. Jim Corbin, an associate at Illustrated Properties who has been active in Wellington real ...
Tampa Bay is making headlines as a leading foreclosure market nationally, but according to St. Petersburg realtor Joshua Neitz, the data tells a misleading story. The foreclosure surge isn’t evidence of a broad housing crisis – it’s the collapse of a specific investor class that over-leveraged on short-term rental properties during the pandemic boom. Neitz ...
A veteran real estate professional in the Pacific Northwest is challenging sellers to confront an uncomfortable truth about their pricing strategies, arguing that many properties are merely “on the market” rather than genuinely “for sale.” Ellen Bohn, managing partner at The Agency Camano Island, says this distinction has become essential as conditions have moved away ...
