The luxury waterfront real estate sector is experiencing a technological revolution that goes far beyond virtual tours, according to Kevin Donovan, a seasoned waterfront property specialist at COMPASS. Digital Evolution in Property Evaluation “Technology has transformed how we present and evaluate waterfront properties. It’s not just about virtual tours anymore, we’re using advanced mapping tools ...
Florida’s condo market faces a growing crisis as aging buildings require major repairs and underfunded HOAs hit owners with massive special assessments, forcing many fixed-income residents to sell, according to a veteran real estate broker tracking the trend. “Some of these HOAs and these condos did not manage their money well, and so they have ...
The U.S. housing market faces its most severe affordability challenge in history, according to Zach Lemaster, CEO of Rent to Retirement, who sees both crisis and opportunity in the current market conditions. The Perfect Storm “The US has an affordability crisis right now, and it’s the worst it’s ever been,” Lemaster says, pointing to a ...
The ultra-luxury real estate market is witnessing a fundamental shift in how properties are marketed, with increasing emphasis on controlled exposure rather than traditional public listings, according to one industry leader. “We’ve had an offering that our clients just love. It’s called Private Office,” reveals Michael Jalbert, CEO of Forbes Global Properties. “Private Office properties ...
The leader of a major build-to-rent housing company is pushing back against claims that institutional investors are squeezing out individual homebuyers, citing statistics that he says tell a different story about housing availability and affordability. “There’s a bit of misinformation in the industry,” says Richard Ross, CEO of Quinn Residences. “We’ve kind of gotten lumped ...
The rise of artificial intelligence in real estate has sparked intense debate about the future role of agents, but according to Brad Weisman, a 33-year industry veteran and Keller Williams partner, the technology represents an opportunity rather than a threat for those who understand its proper place alongside human connection. The Human Touch Remains Essential ...
The short-term rental industry is experiencing a fundamental shift in guest expectations, with design and aesthetics now playing a crucial role in booking decisions, according to Nisha Franklin, Co-Founder of From Where, a platform connecting vacation rental design with consumer shopping. “People aren’t just booking a place and looking for a place to sleep. They ...
A veteran Australian real estate investor who has operated in multiple global markets argues that U.S. real estate benefits from unique structural advantages that many American investors may take for granted. The Fixed-Rate Advantage “Most Americans take it for granted. They don’t realize that America is the only country in the world with 30-year fixed ...
After two decades in Connecticut real estate, Jill Taylor has witnessed numerous market cycles. But the current environment presents a unique challenge she hasn’t encountered before: interest rates are fundamentally reshaping market behavior. “The fact that the rates are higher than what they currently have is holding people back from selling in order to move,” ...
Coastal Connecticut’s real estate boom is creating unexpected ripple effects inland, with secondary markets like Waterbury seeing unprecedented price appreciation and competition, according to one veteran Connecticut agent. Rudolph Perkins, a Coldwell Banker agent with over two decades of experience in the Connecticut market, says Waterbury properties are now routinely selling above asking price, a ...
The real estate industry stands on the brink of a technological transformation that will fundamentally change how properties are evaluated and presented, according to one industry expert. “We’re now seeing a transition…there’s a technology shift that everyone is aware of, and we’re now just trying to figure out how this applies in the real estate ...
While many builders are inserting escalation clauses to protect against rising material costs, one Connecticut firm is taking the opposite approach, absorbing most cost increases rather than passing them to buyers. “We take a lot of pride in being an at-risk builder…once you sign a contract with us, if materials end up costing more, whether ...
While much of the nation grapples with market uncertainty and growing inventory, Connecticut faces a persistent and intensifying housing shortage that shows no signs of easing, according to a veteran builder in the state. “Here in Connecticut, we have kind of a unique situation. We continue to have record level shortage in housing here. So ...
Los Angeles real estate expert Sara Skelton, a Realtor at eXP Realty and host of The LA Real Estate Podcast, says California’s property insurance market is rapidly contracting, creating a new crisis for homeowners and buyers in high-risk areas. The Shrinking Market “As of a couple of years ago, there was only two insurance companies ...
The solution to America’s housing affordability crisis might not require building a single new structure, according to Craig Curelop, co-founder of The FI Team at eXp Realty. Instead, he argues that reimagining how we use existing single-family homes could dramatically expand housing availability almost overnight. “With our current infrastructure, we could basically 6-7-8 times the ...
