Strategic underpricing is now the norm in Long Island’s real estate market, turning the asking price into a marketing device rather than a true indicator of what sellers expect to receive. This approach has created confusion, particularly for first-time buyers who rely on outdated advice. Jeffrey Memisha, a licensed sales associate at Realty Advisors Inc., ...
Minneapolis eliminated single-family zoning citywide, allowing duplexes and triplexes in neighborhoods previously limited to detached homes. This change led to more construction and kept rents stable or falling, according to Marc Norman, Associate Dean at NYU School of Professional Studies Schack Institute of Real Estate. The city achieved this without affordability mandates, suggesting that zoning ...
Florida’s ongoing construction boom has created a labor market in which skilled subcontractors wield more power than builders or clients, and a shortage of experienced tradespeople has become a persistent barrier to project timelines and costs. This constraint is especially acute in the luxury custom sector, where projects require a level of craftsmanship that few ...
Multi-family properties can offer a faster, more accessible path to homeownership than single-family homes. Still, most buyers are unaware of this option, according to Tameeka Williams, a real estate salesperson at KFortuna All Aspects Realty. Williams explains that financing for multi-family properties is structured differently: lenders underwrite these loans based on projected rental income rather ...
The outdoor living design industry is moving beyond basic deck construction, led by professionals who recognize that homeowners now want more than visual upgrades; they want spaces that relieve daily stress. Paul Lafrance, founder of Paul Lafrance Design and former host of HGTV’s “Decked Out,” is at the forefront of this trend, reframing outdoor spaces ...
Florida’s luxury residential development market is undergoing rapid change as artificial intelligence (AI) alters how buyers search for, evaluate, and select properties. This shift comes as the market moves past the pandemic-driven buying surge into a more stable, measured pace, forcing developers and marketers to adapt quickly or risk losing ground. Laurie Andrews, President of ...
The Canadian housing market is not a single, unified system — it is a collection of distinct local markets shaped by varying supply and demand, policy decisions, and migration patterns. Yet national coverage often treats Toronto, Vancouver, Calgary, and Edmonton as if they respond to the same forces. This approach overlooks a key trend evident ...
Florida’s real estate market is undergoing a period of adjustment, with international buyers stepping in as domestic investors pull back. The state’s enduring appeal, combined with new technology and changing buyer priorities, is reshaping how properties are bought, sold, and managed in 2024. A Market Defined by Adaptation No one has witnessed Florida’s real estate ...
Southwest Florida’s luxury real estate market is holding steady as it moves into 2026, with local professionals reporting stable conditions even as high-end markets in other parts of the country face greater uncertainty. Marco Island, a key luxury destination in the region, illustrates this resilience. Sales volumes have returned to pre-pandemic levels, with 813 homes ...
The Hudson Valley real estate market remains highly competitive, bucking the national trend of cooling sales and rising inventory. Cash buyers remain a dominant force, and many properties continue to sell above asking price, even as other parts of the country see slower activity. While national headlines often focus on interest rate changes as the ...
Long Island landlords face a significant financial risk: eviction timelines in New York can extend from 12 to 18 months. During that period, property owners may receive no rental income while continuing to pay mortgage obligations, legal fees, and repair costs. Jeffrey Memisha, a licensed sales associate at Realty Advisors Inc., says New York’s tenant-favorable ...
Real estate investors often focus on market timing and interest rates. However, Kerie Choiniere, a real estate agent with Venture Real Estate and an active investor in distressed properties, says the most expensive mistakes usually result from inadequate property inspection and assessment before purchase. Choiniere’s own recent experience highlights the risk. She bought a property in ...
Real estate agents in Connecticut’s fix-and-flip market are increasingly competing on operational and financial expertise rather than sales ability alone. Some agents are providing investors with detailed financial projections — including purchase price, renovation costs, and estimated resale value — before any offer is made. Jay Osorno, a realtor at Alpha Capital who shifted from ...
Rising regulatory and compliance costs have pushed the per-unit price of subsidized affordable housing above that of market-rate projects, according to Marc Norman, Associate Dean at NYU School of Professional Studies Schack Institute of Real Estate. Developers now face a system in which building subsidized affordable units often costs more and takes longer than constructing ...
For years, Litchfield County in northwestern Connecticut was a well-kept secret – a place where New Yorkers retreated on Friday afternoons and left by Sunday evening. That dynamic has fundamentally shifted, and the data is hard to ignore. Prices are up roughly 30% since the pandemic. Luxury sales above $3 million, once a handful per ...
