A significant shift is occurring in second home markets, with buyers increasingly viewing these purchases as long-term lifestyle investments rather than pure vacation properties, according to one Florida real estate expert. “I’m seeing a lot of the out-of-state buyers that are moving in buying their second homes to be their forever homes come retirement, so ...
The traditional real estate brokerage model is facing disruption as boutique firms gain market share through community focus and personalized service, according to K. Coralee King-Denmark, a leading agent with Beachy Beach Real Estate in Panama City Beach. “It wasn’t so important anymore to be with a big national brand like Coldwell Banker, because they’re ...
At Killian Pacific’s Jack Straw development, Director of Development Cassidy Bolger is overseeing a new pilot program that dedicates two ground-floor, two-story townhome units for in-home daycare operators. The initiative offers these providers a reduced rent, set at 60% of the area median income, to increase childcare availability for both residents and the surrounding community. ...
A striking shift is occurring in Atlanta’s urban housing market, according to staging expert Topher Fuller of Linden Creek. The city’s younger buyers are driving demand for stark, minimalist designs that challenge traditional staging approaches. “They love the brutalist and minimalist styles,” Fuller says of Gen Z buyers. “We’re seeing a lot of that, like ...
Military families relocating to Tampa’s MacDill Air Force Base are increasingly looking 45 minutes north to Hernando County, where housing costs can be cut nearly in half, according to local military relocation specialist Victoria Perez of Tropic Shores Realty. “You can find a beautiful home between three and $400,000 in Hernando County. You could even ...
Churches across Southern California are discovering an unexpected solution to their challenges: their own parking lots and unused land. According to Martin Porter, Founder and CEO of Logos Faith Development, this real estate represents an opportunity to simultaneously address multiple community needs while securing their own financial future. “Churches want to be a part of ...
Housing costs have reached unprecedented levels of unaffordability, with today’s buyers facing a dramatically different market than previous generations, according to real estate entrepreneur Kent Keirsey, Co-Founder of Acre Homes. “In the 1970s if you’re going to go buy a home, you would spend on average, the average home price was 1.9 times the average ...
The trend toward delayed homeownership could have serious societal implications beyond just housing markets, according to Kent Keirsey, Co-Founder of Acre Homes, who points to research showing broad benefits of property ownership. “People that own their homes, they’re more likely to vote, they’re more likely to invest in communities. They’re certainly more likely to take ...
Looking ahead, Gerke believes this renovation opportunity could become increasingly attractive as limited land availability continues to constrain new luxury development in the most desirable areas. The key, she suggests, is finding buyers willing to see past dated finishes to recognize the potential value in these properties. While many luxury home buyers in Northeast Florida’s ...
The Alexandria rental market is experiencing an unexpected surge in competition, with smaller units emerging as particularly hot commodities, according to local real estate expert Hope Peele of the Peele Group at Corcoran McEnearney. “Rentals right now are actually surprisingly very competitive,” Peele says. “We’re seeing applicants apply to multiple places just because landlords are ...
Julie Schechter, Partner at Fox Rothschild, warns that many New York City building boards are dangerously underestimating the timeline needed to meet 2030 climate mobilization requirements, potentially setting themselves up for financial strain and compliance challenges. The False Comfort of 2030 “Boards sitting on their hands saying ‘the next regulation deadline is 2030, we’ve got ...
Sacramento real estate veteran Johnny Jennings is challenging conventional wisdom about real estate decision-making, advocating for an ‘even if’ approach rather than the traditional ‘what if’ mindset that he says leaves buyers vulnerable in uncertain markets. The Even-If Framework “Don’t make decisions based on what if, what if prices go down, what if interest rates ...
The path to success in today’s real estate market lies in viewing other agents as potential partners rather than rivals, according to veteran East Bay broker Debbi DiMaggio of Corcoran Icon Properties, who says relationship-building has been key to her 35-year career. The Power of Professional Networks “Real estate agents are colleagues, not competitors,” DiMaggio ...
Sacramento real estate leader Johnny Jennings says the traditional ‘three P’s’ approach to selling homes, ‘put a sign in the yard, put it on MLS, and pray,’ is failing sellers in today’s market, leading his team to develop an aggressive proactive marketing strategy that’s changing how properties are sold. Beyond Passive Marketing “We take it ...
A Texas developer is challenging traditional measures of master-planned community success, arguing that human-centric metrics may be better indicators of long-term value than conventional financial benchmarks. “Traditional developers measure by price per front foot, average sales price, or absorption rates,” says Mike Miller, Executive Vice President of Real Estate at Red Oak Development Group. “We ...
