A severe housing shortage along Oregon’s northern coast is forcing employers to take extraordinary measures to maintain operations, according to industry expert Rashelle Newmyer, who points to growing opportunities for strategic investment in the region. The Worker Housing Crisis “Rogue Breweries in Newport, Oregon, sometimes they’ll shuttle in people from Portland to come work at ...
The revitalization of downtown Portland is gaining momentum despite persistent negative media coverage, according to industry veteran Rashelle Newmyer, a Coldwell Banker realtor and host of The Realtor Who Wines, who argues the city’s recovery presents unique opportunities for strategic investment. Signs of Revival “Parts of Portland look brand new because they have been spending ...
A surprising trend is emerging in Connecticut’s competitive housing market: young buyers are increasingly relying on family wealth and unconventional funding sources to compete in an environment where traditional financing often falls short. “It’s interesting how, all of a sudden, now that the market’s challenging, people are coming out of the woodwork with cash,” observes ...
A significant demographic shift is reshaping Connecticut’s real estate landscape, as longtime residents increasingly look south for retirement, according to one of the state’s top real estate professionals. “Now I’m kind of seeing an exodus, not of [COVID buyers], but Connecticut people like moving to the Carolinas and Florida,” says Jill Taylor, Managing Director at ...
Leading luxury real estate expert cautions that excessive personalization is creating resale challenges in high-end market Highly personalized luxury homes are becoming increasingly difficult to sell, according to veteran Coldwell Banker agent Marilyn Profit, who warns that over-customization is emerging as a significant challenge in the high-end real estate market. The Customization Conundrum “When sellers ...
A growing wave of homeowners in Florida’s coastal communities are abandoning properties not due to market conditions, but repeated flooding events, according to a veteran real estate broker who sees climate impacts reshaping neighborhood dynamics. “A lot of people in Port Orange and Daytona Beach have flooded two, three times, and they’re saying ‘You know ...
The rising cost and complexity of insuring waterfront properties is fundamentally reshaping coastal real estate markets, according to Kevin Donovan, a waterfront specialist broker with COMPASS. The Insurance Tipping Point “Insurance considerations have become a critical factor in waterfront transactions, often influencing both pricing and buyer decisions,” Donovan explains. The veteran broker has observed a ...
The luxury waterfront real estate sector is experiencing a technological revolution that goes far beyond virtual tours, according to Kevin Donovan, a seasoned waterfront property specialist at COMPASS. Digital Evolution in Property Evaluation “Technology has transformed how we present and evaluate waterfront properties. It’s not just about virtual tours anymore, we’re using advanced mapping tools ...
Joe Rosen, Team Lead at eXp Realty, argues that the hidden costs of implementing new real estate technology are creating an unsustainable burden on agents’ productivity and profitability. The True Cost of Tech Adoption “Technology is essential, but you have to be careful not to get caught up in the shiny object syndrome. Every new ...
The U.S. housing market faces its most severe affordability challenge in history, according to Zach Lemaster, CEO of Rent to Retirement, who sees both crisis and opportunity in the current market conditions. The Perfect Storm “The US has an affordability crisis right now, and it’s the worst it’s ever been,” Lemaster says, pointing to a ...
The ultra-luxury real estate market is witnessing a fundamental shift in how properties are marketed, with increasing emphasis on controlled exposure rather than traditional public listings, according to one industry leader. “We’ve had an offering that our clients just love. It’s called Private Office,” reveals Michael Jalbert, CEO of Forbes Global Properties. “Private Office properties ...
The leader of a major build-to-rent housing company is pushing back against claims that institutional investors are squeezing out individual homebuyers, citing statistics that he says tell a different story about housing availability and affordability. “There’s a bit of misinformation in the industry,” says Richard Ross, CEO of Quinn Residences. “We’ve kind of gotten lumped ...
The short-term rental industry is experiencing a fundamental shift in guest expectations, with design and aesthetics now playing a crucial role in booking decisions, according to Nisha Franklin, Co-Founder of From Where, a platform connecting vacation rental design with consumer shopping. “People aren’t just booking a place and looking for a place to sleep. They ...
A veteran Australian real estate investor who has operated in multiple global markets argues that U.S. real estate benefits from unique structural advantages that many American investors may take for granted. The Fixed-Rate Advantage “Most Americans take it for granted. They don’t realize that America is the only country in the world with 30-year fixed ...
After two decades in Connecticut real estate, Jill Taylor has witnessed numerous market cycles. But the current environment presents a unique challenge she hasn’t encountered before: interest rates are fundamentally reshaping market behavior. “The fact that the rates are higher than what they currently have is holding people back from selling in order to move,” ...
