The Florida Keys luxury real estate market is experiencing its most enormous inventory surge in half a decade, ending the post-COVID buying rush and ushering in a more balanced environment. This increase in available homes is changing how buyers evaluate waterfront properties in one of Florida’s most geographically limited markets. “We have the highest number ...
Montreal’s residential real estate market continues to outpace other major Canadian cities, with agents reporting steady activity despite national economic headwinds. While home prices in Toronto and Vancouver have declined, Montreal posted an 8.7% year-over-year price increase through mid-2024. This growth, however, is not uniform across all property types and neighborhoods. Joelle Bitar, founder and ...
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 ...
Sports facilities are playing a new and expanding role in real estate development, moving far beyond traditional standalone stadiums. Today’s projects are increasingly enlivened by mixed-use districts that leverage athletic venues with hospitality, retail, residential, and office components. These developments are designed to generate year-round activity and serve as economic engines for their communities, reflecting ...
After several years of rapid price gains and bidding wars, Ohio’s smaller real estate markets are settling into a steadier pace. In Wayne County, where the average home price is $254,000, longtime broker Amy Marinello of Berkshire Hathaway HomeServices Professional Realty is seeing the market shift to favor more balanced, deliberate transactions for both buyers ...
A practical solution to Connecticut’s housing shortage is gaining traction in Danbury: converting vacant or underused hotels and motels into apartments. Waleed Albakry, Planning Director for the City of Danbury, says the city is among the top municipalities in Connecticut for this type of adaptive reuse, turning long-closed hotel properties into new residential buildings with ...
High mortgage rates and persistent home prices are forcing buyers in Northern Virginia to reconsider where they can afford to live, according to Desiree Rejeili, Principal/Owner of Desiree Sells Homes LLC. Rejeili, who works with buyers across the region, says that neighborhoods once considered the default for move-up buyers, such as Arlington and Alexandria, are ...
A Wisconsin city administrator argues that communities within an hour of major metropolitan areas offer better economic conditions and more motivated municipal partners than the crowded urban markets that typically attract developers’ interest. Real estate developers may be ignoring viable opportunities in smaller regional markets due to outdated assumptions, according to Alex Mansfield, City Administrator ...
Real estate investment companies function as market makers, buying and selling contracts continuously, regardless of economic cycles. But Andrew Farnell, National Transaction Coordinator at Elite Closing Solutions, says this model carries a hidden vulnerability that becomes acute during periods of market uncertainty. When transactions drag on beyond their anticipated timelines, the risk of failure rises ...
Jersey City, NJ — Columbus House, a newly developed luxury condominium project in downtown Jersey City, has completed installation of a 45-space automated parking system. The KLAUS Multiparking TrendVario 6300 system was integrated early in the design process to help the project team optimize amenities, improve parking efficiency, and support the overall development program. The ...
Private lending for real estate development has rapidly expanded as traditional banks reduce their exposure to construction financing. Into this opening has moved Ascent Developer Solutions, which closed its first major equity round with Elliott Management in June 2024 and has since grown from 15 to 110 employees in less than eight months. What distinguishes ...
While most of the United States is seeing more favorable conditions for buyers, northern New Jersey stands out as an exception, maintaining a strong seller’s market despite national dynamics shifting. This regional resilience underscores the value of local market knowledge over national headlines when making real estate decisions. Thomas “Chopper” Russo, leader of one of ...
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 ...
While national headlines warn of housing market slowdowns and rising foreclosures, Bergen County’s real estate market continues to run on a different track. Local agents report strong buyer demand, multiple-offer situations, and inventory levels still near historic lows, more than four years into the pandemic. Sergio Sciortino, broker associate at Keller Williams Village Square Realty ...
The New York City real estate market is changing rapidly, and in Queens, those shifts are apparent at the neighborhood level. In areas like Cambria Heights, homes priced under $800,000 are selling at a pace that outstrips even the pandemic-era frenzy. Properties often go under contract within days of listing, sometimes before buyers have even ...
