The real estate industry stands on the brink of a technological transformation that will fundamentally change how properties are evaluated and presented, according to one industry expert. “We’re now seeing a transition…there’s a technology shift that everyone is aware of, and we’re now just trying to figure out how this applies in the real estate ...
While many builders are inserting escalation clauses to protect against rising material costs, one Connecticut firm is taking the opposite approach, absorbing most cost increases rather than passing them to buyers. “We take a lot of pride in being an at-risk builder…once you sign a contract with us, if materials end up costing more, whether ...
While much of the nation grapples with market uncertainty and growing inventory, Connecticut faces a persistent and intensifying housing shortage that shows no signs of easing, according to a veteran builder in the state. “Here in Connecticut, we have kind of a unique situation. We continue to have record level shortage in housing here. So ...
The commercial real estate debt crisis is entering a new phase as banks increasingly accept steep discounts on distressed assets to clear their balance sheets and prepare for market re-entry. Industry professionals are reporting a significant shift in bank behavior, with lenders moving from demanding par value to accepting 60-70 cents on the dollar, and ...
The Detroit real estate market has undergone a significant transformation over the past decade, evolving from post-recession distress to selective opportunity zones where savvy investors can still find profitable deals. For Sergio Aguinaga, founder of Michigan Houses for Cash, this evolution has provided the foundation for building a successful wholesale and buy-and-hold operation focused exclusively ...
Los Angeles real estate expert Sara Skelton, a Realtor at eXP Realty and host of The LA Real Estate Podcast, says California’s property insurance market is rapidly contracting, creating a new crisis for homeowners and buyers in high-risk areas. The Shrinking Market “As of a couple of years ago, there was only two insurance companies ...
The solution to America’s housing affordability crisis might not require building a single new structure, according to Craig Curelop, co-founder of The FI Team at eXp Realty. Instead, he argues that reimagining how we use existing single-family homes could dramatically expand housing availability almost overnight. “With our current infrastructure, we could basically 6-7-8 times the ...
A critical gap exists in South Florida’s residential market that most developers have overlooked, according to Jerad Graham, Development Principal at Kastelo Development. “The medium density residential hasn’t been built for both economic reasons and also for policy and regulatory reasons,” Graham says, highlighting an opportunity that could reshape the region’s housing landscape. The Market ...
In an era of increasing housing transience, one sector stands out for its remarkable stability: manufactured housing communities, where average tenancy stretches nearly two decades, according to one industry leader. “The average tenant in our communities stays for over 17 years,” says Michael Anise, CEO of FG Communities. “A lot of them just pass it ...
“When interest rates rise and markets falter, that’s when real expertise matters,” says Joel Miller, Managing Partner at Wall Street Capital Partners and host of the Mornings with Joel: Commercial Real Estate Podcast. “Anyone can succeed in rising markets, but finding value during challenging periods requires experience and relationships.” In a commercial real estate landscape ...
The construction technology landscape in Latin America is experiencing significant change as companies adapt to economic headwinds while capitalizing on nearshoring opportunities. At the center of this development is Licify, a Colombian proptech company that has expanded far beyond its original procurement platform to become what Fernando Olloqui, Founder & CEO of Licify, describes as ...
The real estate education landscape is experiencing a significant change as regulatory pressures increase and technology alters how professionals learn. With new compliance requirements resulting from recent industry lawsuits and shifting market dynamics, real estate professionals are increasingly turning to online platforms for both mandatory and supplemental training. This shift is more than a move ...
The luxury resort market in Vail, Colorado, is experiencing a notable shift as buyer leverage continues to climb up the economic scale, challenging the traditional dynamics that have long defined this exclusive mountain community. After years of seller-dominated conditions, market forces are creating new opportunities for discerning buyers across increasingly higher price points. Mark Gordon, ...
The path from corporate law to real estate investing rarely follows a straight line, but for Monick Halm, host of the Real Estate Investor Goddesses podcast, each unexpected turn led to greater opportunities in commercial real estate. Today, she specializes in industrial sale-leaseback transactions across 15 states while building a platform to bring more women ...
Urban infill development in Florida is undergoing a dramatic transformation, as developers find creative ways to maximize compact sites while delivering luxury amenities. Jerad Graham, Development Principal at Kastelo Development, says this evolution requires rethinking traditional approaches to space utilization. The Challenge of Urban Sites “Because it’s an urban infill project and not built out ...
