Katie Cline, host of hospitality podcast Suite Success, says high urban housing costs are driving a new investment strategy she calls “buying your second home first,” and it’s working better than traditional approaches for many city dwellers. The Numbers Game “The median sold price of a home in Manhattan was $1.3 million,” Cline says, describing ...
The Austin real estate market is experiencing an unprecedented psychological shift, with buyer hesitancy reaching levels that suggest deeper concerns beyond just interest rates, according to a veteran market observer. “One of the biggest things I’m noting is that there is a lot of buyer hesitancy,” says Ryan Gomillion, Director of Operations at Gill, Denson ...
Miami’s luxury real estate landscape is undergoing a dramatic transformation driven by an influx of young tech professionals, forcing mature buildings to rethink their amenity offerings and service models. “Florida demography is changing drastically, and it’s not a retired state anymore,” says Gisele Saygi, Co-Founder of A-List Managers. “There’s so many youngsters, from technology companies ...
Miami’s international buyer landscape is undergoing a significant shift, with traditional Canadian snowbirds retreating while South American investors show renewed interest, particularly in new construction projects, according to Maite Munoz of Prime One Realty. The Canadian Cooling “Travel to the US is down from the Canadian side,” Munoz says, pointing to multiple factors including tariffs, ...
A concerning trend is emerging in the Los Angeles luxury real estate market, where some agents are abandoning traditional commission structures for flat fees that one industry expert warns could ultimately hurt sellers. “These sellers are meeting with other listing agent potentials, and they’re going, ‘I’ll just do it for 20 grand. Like, forget even ...
Facing mounting regulatory requirements and rising interest rates, New York City building boards are developing innovative funding strategies beyond traditional assessments and loans, according to Julie Schechter, Partner at Fox Rothschild. The Financial Squeeze “A lot of buildings were forced to get creative on alternative ways of raising money,” Schechter says, noting that traditional funding ...
A single communication breakdown can lead to significant occupancy drops and financial losses in multifamily properties, according to a senior industry executive who recently witnessed this phenomenon firsthand. The Communication Crisis “I was just at a multifamily conference,” says Teddy Abdelmalek, Senior Vice President of Business Development at HH Red Stone Properties, “and there were ...
According to Anish Patel, Head of Owner Relations at Vinifera Homes, the vacation rental industry is facing a fundamental paradox that many property owners fail to recognize: bigger isn’t better when it comes to hospitality management. “Hospitality does not scale. You can have lots and lots of McDonald’s, but you can only have so many ...
While some renewable energy sectors face increasing headwinds, energy storage continues to enjoy broad political support and regulatory stability, according to a senior executive at one of New York City’s leading storage developers. Sam McGarvey, who leads origination at NineDot Energy, points to recent federal policy changes as evidence of energy storage’s unique position. “Some ...
Robert Marucci, Owner of Better Living Realty LLC, has witnessed a dramatic shift in how Connecticut cities approach vacant commercial buildings. “Ever since COVID, it’s changed the game, and people don’t really need office space like they used to. Now these buildings are vacant, and landlords are having a tough time renting them,” Marucci observes. ...
A crisis of trust is transforming the vacation rental industry, with property owners increasingly skeptical of traditional management approaches, according to Anish Patel, Head of Owner Relations at Vinifera Homes. “It’s really simple. It’s someone they can trust. And that’s really what it comes down to, do you have my interest in mind?” Patel says, ...
The short-term rental market in Connecticut and Rhode Island offers significant opportunities for investors who carefully navigate local regulations, according to Robert Marucci, Owner of Better Living Realty LLC. However, success requires understanding complex town-by-town variations in rules and market dynamics. Regulatory Landscape Demands Local Knowledge “You definitely have to be working with an experienced ...
Infrastructure expert says developers’ “pipe in, pipe out” mentality threatens new construction viability The American real estate industry faces a looming crisis that few developers are discussing, according to Kimmerly Nace, CEO of Brightwater Tools. A staggering 15% of U.S. wastewater treatment plants have reached or exceeded their capacity, threatening future development and existing properties. ...
The head of a major ADU construction platform says homeowners are falling victim to a wave of unrealistic pricing promises in California’s accessory dwelling unit market. Jon Grishpul, Co-CEO of Maxable, argues that deceptively low contractor bids are creating a “Gold Rush” mentality that ultimately costs homeowners far more than working with properly qualified builders ...
McLean specialist reveals how affluent house hunters are leveraging increased inventory to drive harder bargains while demanding turnkey properties A significant shift is occurring in how luxury buyers approach DC-area real estate deals, according to McLean expert Lizzy Conroy of SERHANT, with increased inventory emboldening purchasers to push for both steep discounts and comprehensive move-in ...
