While much of the country is seeing the housing market slow and buyers gain leverage, northern Bergen County remains under conditions that favor sellers. Local properties routinely sell above asking price, and inventory remains tight despite a slight increase in listings. These factors have kept the market competitive and prices rising, even as other regions ...
The tokenization of real estate assets is moving from theory to practice as technical infrastructure improves and regulatory pathways become clearer. Institutional investors are beginning to consider blockchain-based property investments, and companies such as OFA Group are building the systems needed to support this shift. Thomas Gaffney, COO of NASDAQ-listed OFA Group, has worked in ...
The multifamily development landscape in the New York metropolitan area presents significant challenges for small-scale developers, from complex regulations to rising construction costs. Yet some developers are finding ways to keep projects viable in what is now the world’s most expensive construction market. James Smithmeyer, founder of JMJ Contracting and Development LLC, has built a ...
The real estate franchise landscape is undergoing significant change as experienced leaders seek alternatives to the dominant national brands. Jay Olshonsky, a 43-year commercial real estate veteran and former CEO of NAI Global, has placed himself at the forefront of this shift by acquiring Sperry Commercial Real Estate and partnering in the Sea Glass residential ...
The real estate media industry is undergoing rapid technological change, and Tom Sparks, the new owner of the We Get Around Network (WGAN), is at the center of this evolution. Sparks has built a business that merges photography, technology, and education, creating a hub for property technology professionals and redefining how real estate media services ...
For years, analyzing real estate deals was a slow and often skipped process for many investors. Manual comping—reviewing comparable sales to estimate a property’s value—typically took five minutes or more per property. This bottleneck meant that only the most promising deals received scrutiny, while many potential opportunities were passed over. Now, artificial intelligence is compressing ...
Recent challenges in the real estate industry have highlighted the difference between agents who achieve lasting results and those who rely on short-term trends. As transaction volumes decline and competition intensifies, only a subset of professionals continues to outperform the market. Their advantage lies not in flashy tactics but in disciplined execution of fundamentals that ...
Lenders are changing the way they finance short-term rental (STR) properties, shifting from evaluating buyer creditworthiness to assessing property income performance. This change is altering which STR investments can access institutional capital and how quickly deals can close. Stefan St. Marie, Co-Founder and CTO of Revnest, explains that more lenders are now using debt service ...
The real estate industry is undergoing a significant change in how professionals are educated and prepared for the workforce. At Arizona State University’s Center for Real Estate and Finance, Executive Director Thomas Johnston is working to close the gap between traditional academic curricula and the practical skills now required in a rapidly evolving market. Johnston’s ...
The short-term rental (STR) investment market is shifting from projection-based decisions to data-driven analysis. Buyers now emphasize verified historical performance over seller-provided estimates, addressing a persistent weakness for STR investors: reliance on unverified, often inflated, revenue projections. Stefan St. Marie, Founder of Revnest, has a background in both the vacation rental industry at Vacasa and ...
Obtaining a home equity loan once meant weeks of paperwork, collecting tax returns, pay stubs, and waiting for approvals. Now, some lenders are granting loans in as little as five days – with no documents required. Mark Fisher, Regional Vice President at UNMB Home Loans Inc. and a veteran of the mortgage industry since 2011, ...
Over the past five years, roughly 30 to 40 companies have tried to tokenize real estate assets using blockchain technology. According to David Rose, founder and CEO of USREM and a fifth-generation real estate professional, all of these attempts have failed. Rose argues that the problem is not technical incompetence, but a fundamental misunderstanding of ...
Tokenized real estate is often pitched as a breakthrough for investors: blockchain technology, the argument goes, allows you to buy and sell property shares instantly, unlocking liquidity in an asset class that’s usually locked up for years. But the reality is more nuanced. Tokenization does not automatically make real estate liquid, and understanding the real ...
When you buy or sell a home, part of what you’re paying for goes beyond your agent’s time and expertise. Behind every transaction is typically a real estate brokerage covering a wide range of costs that directly affect how smoothly your deal moves forward. Those behind-the-scenes expenses shape everything from the technology your agent uses ...
Renting an apartment in Miami has become faster and less personal. Instead of phone calls and waiting days for responses, renters can now apply, get approved, and secure an apartment in under an hour – all without speaking to a person. This shift to automation is changing every step of the rental process in Miami. ...
