A concerning trend is emerging in Canada’s luxury real estate market as high-net-worth homeowners increasingly look to leave the country, according to Michael Phinney, President and CEO of Phinney Real Estate, one of Royal LePage’s top five teams in Canada. The Tax-Driven Exodus “This year, I’ve heard more than before, there’s a lot of people ...
Dearborn’s housing market is facing unprecedented demand driven by unique cultural factors, with capacity to immediately absorb thousands of new units, according to Angela Fortino, Deputy Director of Economic Development at the City of Dearborn. “We can absorb 1,500 units in the next 10 years easily, like we could use them now today. On top ...
A significant transformation is underway in Florida’s vacation rental market, with dramatically falling returns forcing investors to reconsider long-held strategies, according to one local real estate expert. “We are 30% down this year from last year on sales and numbers,” reports Olivia Catanese, team leader at Coldwell Banker‘s 30A division. “Rental projections were making maybe ...
The real estate industry’s traditional focus on sales scripts and closing techniques may be undermining the very relationships agents seek to build, according to one industry leader who argues that authentic presence, not persuasion tactics, is the key to sustainable success. Aaron Hendon, Managing Broker at Christine & Company, says the science of human connection ...
The devastating impact of recent wildfires and extreme weather is driving a fundamental shift in how homes are being built, with resilience becoming as important as sustainability, according to green building expert Izumi Tanaka, host of the podcast Home Green Homes. “People are really looking at building it, not only from the sustainability standpoint, but ...
Commercial real estate owners face a new reality in property insurance as artificial intelligence and data science transform traditional underwriting, according to one industry veteran who argues that decades of accumulated data are now being weaponized to restrict coverage and raise rates. “I often say that I feel like every keystroke I’ve ever put in ...
Real estate investors are falling into a dangerous trap of endless education without action, according to Lauren Aumond, host of the Adulting Is Easy podcast. The Tampa Bay-based investor argues this “self-help porn” phenomenon is preventing many aspiring investors from taking their crucial first steps into the market. The Education Comfort Zone “Just because you’ve ...
A Pennsylvania real estate professional is sounding the alarm about the loss of historic properties, arguing that the industry needs to shift its focus toward preservation rather than demolition. “I see so many historic properties being torn down and the items inside just being tossed or dumped into landfills,” says Alan Moose, a Realtor with ...
The path to success in real estate requires more than just getting licensed and hanging a shingle, according to a Pennsylvania agent who made his own dramatic career pivot after decades in counseling and education. “Be courageous and don’t get disheartened when it doesn’t happen immediately,” advises Alan Moose, now a Realtor with Berkshire Hathaway ...
Maine’s industrial real estate market is experiencing a significant cooling period after five years of unprecedented growth, according to a veteran broker who sees this as a major shift in one of commercial real estate’s hottest sectors. “Industrial, I think, for the last five years, has probably been the hottest market,” says Samantha Marinko, broker ...
A leading real estate investor is pushing back against widespread predictions that artificial intelligence will decimate office demand, arguing that history shows technological disruption often creates more jobs than it eliminates. “To just assume that humankind will change thousands of years of existence in wanting to leave their homes and go and build things, to ...
While much of Florida’s real estate market grapples with declining sales and price corrections, one segment remains remarkably resilient according to local experts: properties near military installations. “Military stays really, really solid. If you’re an agent that works with military, you’re still doing really well,” says Olivia Catanese, team leader at Coldwell Banker‘s 30A division. ...
A new wave of nature-integrated hospitality is emerging as the next major trend in hotel development, according to Glenn Haussman, host of No Vacancy and longtime industry observer. “One of the things I’m seeing right now is outdoors, nature, sustainability as being the next big area,” Haussman says, pointing to a growing movement that’s reshaping ...
The travel economy is increasingly disconnected from broader economic conditions, operating as “almost a separate component than the overall general economy,” according to Glenn Haussman, host of No Vacancy and veteran hospitality industry analyst. Shifting Consumer Priorities Haussman argues that a fundamental shift in American consumer behavior is driving this decoupling. “Since the great recession in ...
A dramatic shift toward new construction is reshaping Florida’s real estate market, driven largely by buyers seeking to avoid escalating insurance costs on older properties, according to one local expert. “What we’re seeing is people, families want new construction, they want lower insurance,” says Olivia Catanese, team leader at Coldwell Banker‘s 30A division. “With these ...
