The real estate industry faces a serious data challenge, according to Jeff Beggins, Chief Evolution Officer at CENTURY 21 Beggins Enterprises. Market reports that claim Tampa is “down modestly” or that Pinellas County prices have dropped 12% year-over-year, he argues, do not reflect what buyers and sellers actually experience on the ground. “I don’t think ...
The Sarasota real estate market is dividing sharply along geographic lines, with planned communities like Lakewood Ranch continuing to attract buyers and investment while outlying areas that surged during the pandemic are now seeing prices fall. This divergence marks a significant shift from the broad-based appreciation that characterized the market just a few years ago. ...
Nashville’s commercial real estate market is facing distress that far exceeds the challenges seen in the residential sector, according to Moren Adenubi, owner and managing broker at Crown Realty Experts. Adenubi, who specializes in both commercial and residential real estate, says the current divergence signals structural changes in how commercial space is used, not just ...
Nashville’s distressed property market is showing early signs of a significant increase, even as overall market activity remains subdued for the holidays. According to Moren Adenubi, owner and managing broker at Crown Realty Experts, the underlying numbers point to a growing wave of bank-owned properties that most market observers have yet to notice. In December ...
Construction cost inflation has been a central concern for the industry over the past three years. Still, Jim Roland, Senior Vice President of Arizona Operations at Alcorn Construction, says a key factor is being overlooked: labor costs show no signs of returning to pre-pandemic levels. Roland explains that wage increases driven by the 2021-2022 inflation ...
Arizona’s West Valley industrial market has become one of the nation’s busiest logistics corridors. Still, rapid growth is exposing a critical weakness: the region’s power grid cannot keep up with demand, risking delays to future projects. Jim Roland, Senior Vice President of Arizona Operations at Alcorn Construction, says power infrastructure has become the single biggest ...
Arizona’s industrial real estate market is moving beyond its recent surge in speculative construction, with developers and contractors now focusing on sophisticated tenant improvement (TI) projects. This transition marks a new phase in the region’s industrial sector, in which customization and advanced technology requirements are taking precedence over the rapid ground-up development that has defined ...
Wichita-based real estate investor Joseph Hamer of ReeceNichols South Central Kansas, says medium-term rentals are gaining traction as a practical alternative to both traditional long-term leases and the increasingly regulated short-term rental market. By focusing on tenants who stay one to six months – mainly travel nurses, aerospace workers, and corporate relocations – Hamer reports ...
Industry veteran says the biggest misconception in Pinellas County real estate isn’t about hurricanes or insurance – it’s sellers refusing to accept that post-pandemic pricing was an aberration, not the new normal. In Pinellas County’s residential real estate market, the main obstacle to sales isn’t hurricane damage, insurance costs, or even high interest rates. According ...
As residential real estate in Pinellas County faces rising insurance costs, regulatory hurdles, and unrealistic seller expectations, one commercial sector has remained resilient: industrial properties located on high-traffic corridors. According to Mark Hartman, team leader at Charles Rutenberg Realty and a veteran of both commercial and residential markets, the contrast between these property types is ...
New milestone inspection and reserve study requirements have triggered a wave of forced repairs and special assessments, strangling condo values across coastal Florida, according to a veteran Tampa Bay real estate professional. The regulatory response to the 2021 Champlain Towers South collapse in Surfside may have inflicted more harm on Florida’s condo market than the ...
A surprising hiring trend is emerging among successful real estate teams in secondary markets: many top agents started their careers in education. Joseph Hamer’s team at ReeceNichols South Central Kansas is entirely made up of current or former educators, a structure he says is intentional and reflects a clear insight into what makes agents effective ...
Investors evaluating resort markets such as Aspen, Vail, or Park City often apply the same criteria to newer destinations like Idaho’s Wood River Valley. According to Matthew Gelso, Associate Broker at Paul Kenny and Matt Bogue Commercial Real Estate, this approach overlooks critical differences created by geographic isolation and lower development density, which shape investment ...
A major state road reconstruction project that has extended a routine 12-minute drive into a 90-minute ordeal is causing a lasting shift in commercial real estate patterns in Idaho’s Wood River Valley. According to Matthew Gelso, Associate Broker at Paul Kenny and Matt Bogue Commercial Real Estate, businesses are making location decisions that are unlikely ...
Conventional wisdom about resort markets holds that more seasonal visitors automatically translate to increased commercial real estate activity. Matthew Gelso, Associate Broker at Paul Kenny and Matt Bogue Commercial Real Estate, challenges this view, arguing that the connection between visitor numbers and commercial property demand is far less direct than many investors assume. “It’s a ...
