The Los Angeles luxury real estate market is facing a growing crisis that has nothing to do with interest rates or property values – skyrocketing insurance costs in fire-prone areas are derailing transactions before they even begin, according to a leading market expert. “Before we even write an offer, we say, talk to some insurance ...
Mortgage industry expert warns of fundamental shift in homebuying journey that could reshape realtor-lender dynamics A dramatic shift in homebuyer behavior could upend traditional real estate relationships, according to Bruce Gehrke, Director of Lending Intelligence at J.D. Power. “Up to 50% of younger borrowers are now talking to lenders before they talk to real estate ...
Katie Cline, host of hospitality podcast Suite Success, says high urban housing costs are driving a new investment strategy she calls “buying your second home first,” and it’s working better than traditional approaches for many city dwellers. The Numbers Game “The median sold price of a home in Manhattan was $1.3 million,” Cline says, describing ...
The Austin real estate market is experiencing an unprecedented psychological shift, with buyer hesitancy reaching levels that suggest deeper concerns beyond just interest rates, according to a veteran market observer. “One of the biggest things I’m noting is that there is a lot of buyer hesitancy,” says Ryan Gomillion, Director of Operations at Gill, Denson ...
The construction industry should brace for rising material costs despite seemingly calm Producer Price Index (PPI) reports, according to a leading economist who warns that current metrics may be masking significant upcoming price pressures. Ken Simonson, Chief Economist at Associated General Contractors of America, argues that the complex nature of global supply chains and recent ...
Miami’s luxury real estate landscape is undergoing a dramatic transformation driven by an influx of young tech professionals, forcing mature buildings to rethink their amenity offerings and service models. “Florida demography is changing drastically, and it’s not a retired state anymore,” says Gisele Saygi, Co-Founder of A-List Managers. “There’s so many youngsters, from technology companies ...
The self-storage industry is experiencing a dramatic shift toward larger facilities as rising costs and operational efficiencies push developers to build bigger, according to Charles Kao, Managing Partner at Twin Oaks Capital. This trend marks a significant departure from historical development patterns and signals changing economics in the sector. The New Minimum Viable Size “We’re ...
An unexpected economic indicator is emerging as a powerful predictor of consumer behavior: rental prices. According to Jonas Bordo, CEO of rental marketplace Dwellsy, rental data has become a crucial metric for understanding broader economic trends, particularly in retail spending. “If you understand what’s happening with the rent, it tells you a lot about what’s ...
The housing affordability crisis has reached a point where solutions can no longer come from traditional approaches alone. As Ian Cahoon, Director of Innovation at Ivory Innovations, observes, “People realize that, ‘the kids are not gonna be able to afford a house’. It starts to be, ‘these people over here have this problem to now ...
The commercial real estate landscape has changed over the past year, with industrial properties emerging as a bright spot amid broader market uncertainty. While institutional capital has largely remained on the sidelines, local investors with ready capital are finding opportunities in select asset classes, particularly small bay industrial flex and outdoor storage facilities. Matthew Antonis, ...
Miami’s international buyer landscape is undergoing a significant shift, with traditional Canadian snowbirds retreating while South American investors show renewed interest, particularly in new construction projects, according to Maite Munoz of Prime One Realty. The Canadian Cooling “Travel to the US is down from the Canadian side,” Munoz says, pointing to multiple factors including tariffs, ...
A concerning trend is emerging in the Los Angeles luxury real estate market, where some agents are abandoning traditional commission structures for flat fees that one industry expert warns could ultimately hurt sellers. “These sellers are meeting with other listing agent potentials, and they’re going, ‘I’ll just do it for 20 grand. Like, forget even ...
The rise of artificial intelligence and large language models (LLMs) is forcing real estate data providers to confront a pivotal strategic decision, according to Jonas Bordo, CEO of rental marketplace Dwellsy. The industry faces a challenge similar to what the music industry encountered with Napster: how to adapt to new distribution channels without undermining their ...
Ken Jacobsmeyer, Associate Director of Investments at Marcus & Millichap, has observed a dramatic shift in how net lease properties are being evaluated and purchased compared to recent years. Gone are the days of quick deals with minimal scrutiny, he argues, as investors return to core real estate principles. The New Due Diligence “It’s not ...
Facing mounting regulatory requirements and rising interest rates, New York City building boards are developing innovative funding strategies beyond traditional assessments and loans, according to Julie Schechter, Partner at Fox Rothschild. The Financial Squeeze “A lot of buildings were forced to get creative on alternative ways of raising money,” Schechter says, noting that traditional funding ...
