Three luxury high-rise projects are going up along the Fort Lauderdale and Pompano Beach waterfront: a Waldorf Astoria, a W Hotel property, and a Ritz-Carlton tower. For investors watching South Florida, this kind of branded development pipeline signals institutional confidence in a corridor’s future. But the opportunity these buildings represent requires a longer holding period ...
It sounds backward, but in New York’s Hudson Valley, paying a higher price for a home in good condition may cost less overall than buying a cheaper fixer-upper. Renovation costs have climbed so sharply that the discount on a home needing work often doesn’t cover the cost of fixing it. A higher purchase price can ...
A gap is forming in San Antonio’s luxury home market. Homes that listed near a million dollars just a few years ago are now trading in the $700,000 to $760,000 range. These are sharp discounts that would normally attract a rush of buyers. But the buyers who can actually act on those prices are almost ...
Developers are increasingly betting that buyers will pay coastal prices for water they can’t get to the coast for. Engineered lagoons and machine-made surf breaks have moved from novelty amenity to core sales pitch across landlocked and desert markets – Texas, the desert Southwest, and now southern Utah – with several of the resulting communities ...
San Antonio has long attracted relocating buyers, military families on PCS orders, civilian contractors, and professionals priced out of Austin, because of its relative affordability. But the math that once made the market accessible is now working against both sides of the transaction simultaneously. Sellers who locked in mortgage rates below 3.5% recognize that even ...
A Brooklyn resident spending an hour on the subway to reach midtown Manhattan could swap that commute for a Metro-North train ride of comparable length, and arrive home to a four-bedroom house with a yard instead of a one-bedroom co-op, according to Thomas Klug, Broker & Owner of Hudson Valley Premier Properties Realty, who has ...
In central New Jersey’s Monmouth County, where bidding wars and over-asking sales are routine, the hottest zip codes are not always where the best investment math lives. According to Jonathan Gruebel, a Realtor with Coldwell Banker Realty who has worked the Monmouth County market for more than 30 years, value increases as buyers move south, ...
Some property managers on Florida’s Space Coast are giving landlords a counterintuitive recommendation: price your unit slightly below what you think it’s worth. The local rental market isn’t seeing dramatic vacancies, but units also aren’t renting instantly. The argument is that tenant quality and turnover costs matter more than squeezing a few extra percentage points ...
The narrative around Joshua Tree’s short-term rental market has settled into a simple story: the boom ended, and what’s left is a cautionary tale. The reality on the ground is more nuanced. The correction that began in 2022 didn’t eliminate opportunity in the high desert; it redistributed it, punishing generic properties while leaving experiential, well-positioned ...
Construction technology has attracted billions in venture capital on the promise that software and automation would bring costs down. But for owners and developers – the people actually funding projects – costs have continued to climb year over year, even as contractors and subcontractors report real efficiency gains from AI adoption. The gains are real; ...
Two markets separated by a single zip code are moving in opposite directions. Ponte Vedra Beach, Florida, posted a 13.6% year-over-year price increase in the second quarter, a pace driven by scarce land and a buyer pool heavily weighted toward cash purchasers relocating from the Northeast and California, according to Gwinn Volen, Owner, CEO & ...
The days when scarce inventory alone justified a seller’s asking price in Naples, Florida, are fading. According to Michael Downer, founder and realtor with the Quintessential Naples Team at Downing-Frye Realty, Inc., buyers have shifted from competing on speed to competing on scrutiny. Sellers who haven’t documented their improvements are watching their listings sit. During ...
The pitch sounds compelling: buy a condo near the ocean in South Florida, rent it out, and let tenants cover your costs while the property appreciates. But the math on South Florida condos as rental investments is broken at current price levels, according to Stuart Berger, Team Co-Lead of the Stu Berger and Ana Aizenstat ...
A decade ago, a real estate investor seeking a private bridge loan needed one thing: a property with enough equity. The building was the security, and that was sufficient. Today, private lenders who have absorbed years of defaults and litigation say they have inverted that priority. The borrower’s credit history, track record, and transparency now ...
The traditional office lease, five or ten years, fixed rent, passive landlord, made sense when vacancy in major metros hovered in the single digits. In Los Angeles today, roughly 40% of office space sits empty, according to Jerome Chang, founder and licensed architect of BLANKSPACES, one of America’s longest-running coworking brands. That vacancy rate means ...
