Contrary to popular belief, brick-and-mortar retail is not dead, and the retail apocalypse is slowing due to the innovation of creative leasing agents. No one can deny that 2017 was a miserable year for retail leasing. During that time, store-closing announcements more than tripled, to about 7,000 casualties, according to think tank Fung Global Retail and Technology. There were over 600 retail-sector bankruptcies reported, including such stalwarts as Toys R Us, Payless, and The Limited. The year ended on a more promising note. In November 2017, consumer spending in brick-and-mortar …

Although climate change is still being hotly debated, its effect on real estate presents no doubt. Zillow estimates that rising sea levels threaten 1.9 million homes in Florida, New Jersey, and New York, and in cities such as Boston (17 percent of homes), Honolulu (24 percent) and Miami (30 percent). As a result, the long-love affair with coastal properties may be waning. Home sales in flood-prone coastal areas grew about 25 percent less quickly than counties that do not typically flood, according to Attom Data Solutions. One of the main …

You already know that selling different types of properties require different sales strategies. Condominiums are in a sales class by themselves. Although like most real estate, location is a huge factor in selling a condo, there are other factors that may make a difference in the buying and selling of a condo property (see below). The good news: condos tend to sell faster than traditional houses, according to Realtor.com. The site goes on to advise that end units usually draw a higher price. It’s also believed that condos are particularly …

Although some believe there to be a retail apocalypse, much of the retail sector is actually growing and shifting into industrial real estate – more specifically, warehouse and distribution centers. With the rise of ecommerce, there is an increasing demand for these properties, which provide storage and fulfillment for many of the products offered online. Forbes reports that industry observers like PricewaterhouseCoopers and the Urban Land Institute have named the industrial sector as the top-ranked property type for 2018 (as well as the previous four years). Colliers found that the …

The answer is not as easy as you may think; often, it depends on who you ask. New York is still the number-one move destination, according to The Washington Post. It’s the nation’s largest metro area, and continues its long tradition of attracting those from abroad as well as ambitious young people. However, when you factor in population — particularly transient populations — New York is replaced by other locations, like San Jose(CA), Provo(UT), and Virginia Beach(VA).  Virginia Beach has a large military population. To complicate the answer further, numbers …

The city with the most promising real estate investment prospects in 2018 is on the coast: Seattle. This is according to a new report from PricewaterhouseCoopers (PwC). The city won the spot because of its growing population and, of course, it’s standard of living. The report also includes a coastal surprise: Fort Lauderdale climbed 29 spots — the largest move up since last year. The city also broke into the top 10. The reason: business, culture, and outdoor access. Another big coastal climber: Miami, which advanced fourteen spots to rank at …

You would think the villain that helped spur the Great Recession of a decade ago would recede into history forever — but it’s back, with a new image. Adjustable-rate mortgages (ARMs) now represent 14 percent of the dollar volume on mortgage applications in 2018, according to debt.com. This is a far cry from December 2009 (post-recession), when ARMs made up just 2.8 percent of the market. At its highest point, in 2005 (pre-recession), ARMs consisted of 49.7 percent of the market. The reason: rising interest rates on fixed-rate loans. ARMs …

Marketing a property with historic or landmark status may draw a greater response than when selling your usual, traditional product. You’ll be working with especially knowledgeable buyers — history buffs — who may be more familiar with the home than you are, and they may have questions that you will need to answer in detail. That means it’s time to study. Facts to memorize (for starters): when was the home built? Have famous people lived or visited there? Have there been any significant changes to the house? Every little detail …

First, an important clarification: a property cannot fail a home inspection. It’s not a pass/fail test. The process is simply an examination of the house’s overall condition, with a report on what might need repair or replacement. The inspection can vary by inspector, and can often lead to different interpretations, depending on who is buying and who is selling. That’s why it’s best for you to be involved in the inspection process, and offer advice and navigation should conflicts arise. You can click here to learn more about how agents …

“I found as a real estate broker that people really respond to how you look–especially in a town like New York,” entrepreneur Barbara Corcoran told Inc. magazine. “If you act and look successful, people will make the wrongful assumption that you are.” Barbara’s sharp wit and street smarts helped her become one of the most sought-after business minds in the country. As the founder of the mega-successful real estate brokerage, The Corcoran Group, and a costar/investor on the hit series Shark Tank, Barbara has amassed a large following of loyal …