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 ...
The real estate development industry has a predictable problem, according to Erik Hayden, founder of Urban Catalyst, when market conditions shift, the biggest players move in lockstep, creating opportunities for those willing to think differently. Hayden notes that institutional developers and major homebuilders often move in unison during market downturns, following each other’s actions rather than ...
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 ...
The construction industry has fundamentally misunderstood what makes a winning proposal, according to one industry expert who argues that firms are focusing on presentation when they’re actually risk assessment tools. Nikhil Almeida, co-founder of the construction AI platform Joist, argues that firms often misinterpret the purpose of their proposals, treating them as marketing pieces rather ...
A clear divide in home staging practices exists between neighboring Pennsylvania counties separated by only a river, according to Kristie Matthai, owner of Linden Creek Home Staging. Matthai, who spent 15 years in corporate marketing, explained how York County continues to underutilize staging, in contrast to the more widespread adoption seen in Lancaster County, and ...
Chicago’s condo deconversion market functions as an unusually collaborative brokerage network, where competing firms regularly share deals and swap market intelligence. According to broker Kevin Rocio, founder of ROC Advisory Group, this cooperative dynamic is less about goodwill and more about necessity: the niche is so specialized – and the pool of qualified brokers so ...
The real estate market in the DC metro area is shifting focus toward Virginia, with investors and buyers increasingly drawn to the state’s business-friendly environment and technology sector growth. Jesse Elliott, Managing Partner of The Ellitan Group, shared his perspective on where the most promising opportunities are emerging and what factors are driving this geographic ...
The residential real estate market in Fort Lauderdale is facing a combination of rising housing costs, increased regulatory compliance expenses, and growing consumer debt, all of which are changing homeownership patterns in the region. John Clarke, founder of Clarke Law PA and an attorney with nearly nine years of experience in estate planning and real ...
The home staging market in central Pennsylvania is experiencing a clear divide in agent experience and attitudes depending on location, according to Kristie Matthai, owner of Linden Creek Home Staging. Matthai, who brings 15 years of corporate marketing experience to the staging industry, recently outlined the main obstacles facing the region’s staging sector and pointed ...
Florida’s post-Surfside condominium safety laws are placing new financial and regulatory burdens on condo owners, fundamentally altering the residential market across South Florida. John Clarke, founder of Clarke Law PA and an attorney experienced in estate planning and real estate transactions, outlines how these changes are driving up costs and forcing many owners to reconsider ...
The real estate market in the Philadelphia suburbs is undergoing a geographic expansion as affordability concerns and new development push buyers beyond traditional boundaries. Jean Simcox, a realtor with Exceed Realty, says that rising prices and new construction are redrawing the map for both homebuyers and investors. Simcox works with many buyers who quickly realize ...
Real estate investors continue to leave money on the table – or create unexpected tax bills – by mistiming their cost segregation strategies, according to Brian Kiczula, a specialist with CostSegRx. Kiczula says the biggest issues stem from weak planning and misunderstandings about how accelerated depreciation interacts with broader tax strategies. The Disposition Planning Gap ...
Miami’s ultra-luxury market continues to operate under tight inventory conditions, but condos and single-family homes are behaving very differently, according to Cyril Bijaoui, Principal at Longstead at The Corcoran Group. With more than two decades in luxury real estate and over $1 billion in closed sales, Bijaoui says understanding these distinctions is essential for buyers ...
