In today’s higher-rate environment, home buyers should focus on purchase price rather than interest rates, advises Maria Raymer, broker associate at RE/MAX Specialists PV, offering a fresh perspective on timing the market. “Don’t be too caught up in interest rates, because it’s temporary. You date the rate, you marry the house,” Raymer says, explaining her ...
A dramatic rise in Pensacola’s median home prices is forcing local investors to rethink their target price points and investment strategies, according to veteran real estate investor Mike Hamby. “The median price of a house in Pensacola has gone up to about 310 [thousand] this year. When I moved here in 2020 it was 190,” ...
Short-term rentals are transforming from community concern to economic catalyst, according to Guesty CFO Gil Vassoly, who argues the sector creates ripple effects of prosperity throughout local neighborhoods. “Short-term rentals are actually a way to uplift the entire community, not just financially, but creating this atmosphere,” Vassoly says, pointing to emerging data on visitor behavior. ...
Arizona’s short-term rental market has seen a major shift, with most Airbnb investors leaving the platform due to oversaturation, according to Melissa Bailey, a real estate professional with Jason Mitchell Group. This marks a significant change from the pandemic-driven boom that made Arizona a prime location for vacation rental investments. “A lot of people are ...
A new trend is emerging in Orlando’s luxury real estate market, with the vast majority of high-end buyers actively steering clear of homeowners association communities, according to Yashmit Gutierrez, a sales associate at EXP Realty. This preference challenges the common belief that luxury buyers seek out managed communities with extensive amenities. “In my opinion, what ...
Arizona’s housing market is facing an unusual problem: even as inventory has surged 24.7% year-over-year, buyers are finding it harder than ever to make purchasing decisions. The abundance of available homes is overwhelming rather than assisting buyers, according to Melissa Bailey, a real estate professional with Jason Mitchell Group. “Even though we have a higher ...
A notable migration trend is transforming Orlando’s luxury real estate market, with California buyers increasingly opting for Central Florida over established high-end destinations like Miami. This shift is driven primarily by affordability, marking a change in luxury buyer preferences, according to Yashmit Gutierrez, a sales associate at EXP Realty specializing in the Orlando area. Market ...
First-time homebuyers in Arizona are increasingly backing out of contracts at the last minute due to anxiety over payments, leading to legal disputes and financial repercussions that go beyond losing a deposit. This shift in buyer behavior comes as higher interest rates create hesitation, even among those who are financially qualified. “We’ve had more first-time ...
The real estate industry faces a fundamental shift in how market intelligence is consumed and processed, with artificial intelligence increasingly mediating information flow, according to Steve Marcinuk, co-founder of KeyCrew Media. “We’re in this whole new age of answer engine optimization, where you ask ChatGPT, who’s the leading investor in the space of small bay ...
Despite recent challenges, Portland’s fundamentals as a livable, affordable West Coast city remain strong and could drive its recovery, according to one industry leader who argues the region’s quality of life advantages haven’t changed. “We continue to be the most affordable West Coast City,” says Cassidy Bolger, Director of Development at Killian Pacific. “We continue ...
Industry veteran argues independent brokers are being sidelined at public companies in favor of predictable revenue streams The commercial real estate industry is witnessing a fundamental shift in brokerage models, with major firms increasingly prioritizing corporate services over traditional broker-led business, according to Eric Paulsen, Chief Operating Officer of Kidder Mathews. The Broker-Corporate Divide “Our ...
Real estate investment expert Brett Swarts argues that traditional financial planning is failing high-net-worth property investors, pointing to a critical gap between conventional wealth management and the complex needs of real estate entrepreneurs. “Most financial advisors are stocks, bonds and mutual funds, where I’m really smart is real estate investment advising, whether it be brokering, ...
The Los Angeles real estate market faces unique challenges that set it apart from national trends, according to Josh Luchs, Executive Vice President at Kidder Mathews, who argues local politics rather than interest rates are driving market behavior. The Local Political Impact “Unlike the rest of the country, here, the interest rates are not the ...
Market expert warns that stubbornly overpriced listings are masking true inventory levels and damaging agent credibility. Matthew Buckley, Founder of The Buckley Group at LPT Realty, argues that a significant portion of Florida’s housing inventory isn’t really “available” at all, it’s trapped in what he calls “wasted inventory” where sellers remain fixed on unattainable prices, ...
The United States is undergoing its largest communications infrastructure overhaul since the telephone era, according to one industry leader who sees a historic shift from copper to fiber networks reshaping the digital landscape. “The country is going through a metamorphosis where for the last 100 to 120 years, copper wire was the main foundation, and ...
