The Sarasota real estate market has shifted sharply since 2024, as recent hurricanes, rising insurance costs, and changing buyer priorities have upended the dynamics across barrier islands and the mainland. What was a seller-driven market during the pandemic is now firmly in buyers’ hands, with prices falling and leverage shifting toward those ready to act. ...
The move from professional sports to real estate is not rare, but few can match Jed Weaver’s experience navigating both the heights of a Super Bowl win and the fallout of a market crash. After three years with the Miami Dolphins and a championship season with the New England Patriots, Weaver has spent the past ...
The short-term rental investment surge that defined much of the pandemic-era real estate market has ended in coastal Florida, according to a local agent monitoring the trend. The primary reason is not regulation or oversupply alone, but a decline in returns as property prices have outpaced rental income growth. “We’re seeing fewer Airbnbs. The market ...
The New York City office market has changed dramatically in the past two years, driven by more than just return-to-office mandates or the rise of hybrid work. A decisive trend is now determining which buildings succeed and which struggle: tenants with lease flexibility are actively moving to higher-quality buildings and better neighborhoods, often for rents ...
The 2024 hurricane season has heightened concerns about the risk to Florida real estate. Still, the pattern of actual damage tells a more specific story, according to Jose Cardenas, principal at Premier Sotheby’s International Realty. The majority of flood-damaged homes were older, single-story structures built decades before current building codes, not modern construction. “Most of ...
Florida’s residential real estate market has diverged sharply in 2024, with luxury properties above $1 million continuing to appreciate while mid-tier condominiums face oversupply and price declines. This split is driven by strong economic growth, tax incentives, and a steady influx of affluent buyers into South Florida, especially Miami, creating opportunities for investors and agents ...
Florida’s real estate market is showing early signs of stabilization after three years of declining prices, hurricane disruptions, rising insurance costs, and shifts in buyer demand. Joe Murphy, a veteran broker and team leader at Coldwell Banker The Joe Murphy Team, reports that while challenges persist, several key indicators suggest the market may be nearing ...
As the Hudson Valley continues to attract buyers looking for alternatives to city living, Greenwood Lake, a municipality within the Town of Warwick, stands out as a community that defies suburban expectations. Straddling the New York–New Jersey border, Greenwood Lake offers a real estate market shaped by its history as a seasonal retreat, distinct infrastructure, ...
The Grande Prairie real estate market stands apart from the broader Canadian trend of cooling home sales and rising inventory. While many regions have shifted toward more balanced conditions, this Alberta city of 80,000 faces a severe housing shortage that is reshaping every part of the transaction process. Chris Cline, a leading realtor with Grassroots ...
The South Florida real estate market has entered a period of recalibration following the pandemic surge, with buyers and sellers in Boca Raton and Delray Beach adapting to higher inventory, longer listing times, and increased scrutiny of pricing and property conditions. This shift is producing a more competitive, data-driven environment where successful transactions depend on ...
The debate over return-to-office policies has centered on mandates and compliance, but beneath the surface, companies are rethinking the purpose of their office space. Michael Rait, Founder and President of BR Design Associates, says businesses are no longer treating offices simply as places where work is done. Instead, they are redesigning them to support specific ...
Over the past 18 months, the balance of power in commercial real estate leasing has shifted, according to Michael Rait, Founder and President of BR Design Associates. Landlords, responding to tighter supply and steady demand, are no longer simply offering cash allowances for tenant improvements. Instead, they are providing more substantial, standardized build-out packages—often categorized ...
South Florida’s real estate market has cooled sharply from the pandemic-driven surge of 2021-2022, but many homeowners have yet to adjust their expectations. Melissa Galada, a realtor with RJM Real Estate Corp who has served the Boca Raton and Delray Beach markets since 1999, says that sellers who bought during the boom are now the ...
Mom-and-pop landlords who built up portfolios of single-family rental homes over decades are discovering their properties are worth far less than anticipated, as institutional buyers focus on income streams rather than individual home values. Tom Johnston, Executive Director of the WP Carey Center for Real Estate and Finance at Arizona State University, says the single-family ...
The luxury real estate business operates on a fundamentally different timeline than most professionals realize, according to Jed Weaver, a Realtor with The Keyes Company who has spent two decades in South Florida’s high-end markets. “The average real estate agent is going to close five deals a year, but those five deals come very seasonally,” ...
