Weather influences property operations in ways that aren’t always obvious until something goes wrong. Extreme heat can turn a maintenance ticket into a health-and-safety emergency. Freezing temperatures can turn a small leak into a burst pipe. Storms create a cascade of issues, from clogged gutters to structural damage. Yet the systems that property teams use ...
Despite widespread caution about traveling to the United States, Canadian interest in U.S. real estate remains resilient. Recent data reveals that travel hesitancy has not resulted in reduced property acquisition activity. According to the National Association of Realtors, Canadians are the top foreign buyers of U.S. residential real estate, accounting for 14% of foreign purchases ...
The Imperial Valley, California’s southernmost agricultural region bordering Mexico, presents distinct opportunities and challenges for real estate professionals. Few understand this market better than Gisela N. Sanchez, a seasoned agent with eXp Realty, who has built a thriving business by integrating traditional real estate sales, property investment, and community education. A Foundation Built on Experience ...
The South Florida luxury market is compressing transaction timelines through a format gaining traction among high-end sellers: competitive auctions. Properties that historically spent months on the market are now closing within weeks as auction houses attract pre-qualified buyers to bidding events. Larry Mastropieri, who tracks regional real estate developments through The Mastropieri Group, observes that ...
When Erik Hayden’s real estate development firm Urban Catalyst was forced to lay off 75% of its staff and move operations into a plumbing company office, it crystallized a harsh reality about the development business: macroeconomic forces beyond any developer’s control can destroy even well-positioned companies. Global macroeconomic pressures – including the pandemic and elevated ...
International investors are flooding into U.S. luxury real estate markets as geopolitical instability and stock market concerns drive capital flight from overseas, according to Rod Watson, founder of Distinct Concierge Real Estate. His recent experience with Indonesian buyers reflects a broader trend that could reshape luxury property demand. Foreign buyers have recently funneled nearly $56 ...
The real estate industry’s obsession with aggregate market data is leading to fundamentally flawed analysis of Miami’s luxury market, according to a veteran agent who has spent over two decades navigating South Florida’s complex property landscape. Joelle Oiknine, a Senior Global Real Estate Advisor at One Sotheby’s International Realty, emphasizes that Miami’s real estate market ...
Chicago’s condo deconversion market operates in a recurring cycle that often confuses investors, according to Kevin Rocio, founder of ROC Advisory Group. With 14 years in commercial real estate and multifamily deals, Rocio has observed the process by which buildings convert from apartments to condos, then revert back to apartments, creating a pattern that runs ...
Municipal planning decisions have traditionally relied heavily on subjective judgment and community input, but according to one planning expert, a quiet revolution is underway as departments increasingly turn to sophisticated data analysis to inform zoning and development decisions. John Weller, Director of Planning & Zoning at West Whiteland Township, says planning departments are rapidly adopting ...
The housing shortage debate often focuses on zoning restrictions and community opposition, but according to one municipal planning expert, the real constraint on development may be hiding underground in aging infrastructure systems that weren’t designed for today’s housing demand. John Weller, Director of Planning & Zoning at West Whiteland Township, argues that municipalities across the ...
Chicago’s south and southwest neighborhoods are facing a sharp correction as speculative development during the pandemic era collides with rising property taxes and stagnant rents. Kevin Rocio, founder of ROC Advisory Group and a multifamily specialist with 38 deals closed this year, warns that these areas are now suffering from overvaluation, with property tax increases ...
Tax strategy is playing a more prominent role in real estate investment as market conditions shift and tax regulations change. Brian Kiczula, a cost segregation specialist and owner of CostSegRx, works with property owners nationwide and offers a view into how investors are adapting their approaches in response. From Mortgage Lending to Tax Planning Kiczula’s ...
Downtown Buffalo has the key ingredients for successful office-to-residential conversions, including vacant buildings, transit access, and proximity to major institutions. Yet, despite these advantages, many projects remain stalled. Michael Puma, Principal and Project Manager at Preservation Studios, attributes the delay not to regulatory or financial issues but to a structural coordination problem: potential developers and ...
The premium real estate market in Rhode Island’s most desirable coastal towns operated more like an exclusive club than a competitive marketplace until recently, according to one broker who successfully challenged the status quo. Matthew Antonio, broker/owner at Corcoran Chart House Realty, says that when he entered Barrington’s premium market in 2018, nearly 90% of ...
Miami’s transformation from seasonal playground to permanent home base represents a fundamental shift that’s reshaping luxury real estate demand patterns in ways most industry observers are still underestimating, according to a veteran agent tracking the migration firsthand. Joelle Oiknine, a Senior Global Real Estate Advisor at One Sotheby’s International Realty, says Miami’s pandemic-era influx of ...
