Author Archive
Silverstein, Metro Loft Selling 55 Broad After Conversion
The so-called Conversion King of New York and Silverstein Properties are looking to offload an office-to-resi development they acquired barely two years ago.Silverstein and Nathan Berman’s Metro Loft listed their luxury multifamily building a...
How to Estimate Utility Costs When Buying a House
When you’re shopping for a home, you’re likely focused on the list price and down payment. But don’t overlook utility bills. From electricity and water to internet and trash service, these monthly costs can add up fast, and vary a l...
Abandoned Hawthorne mall must be redeveloped or razed by next summer
Hawthorne city officials are fed up with the owners of long-vacant Hawthorne Plaza and have obtained a permanent court injunction requiring them to either redevelop or demolish it by August 2026.The sprawling mall, once the pride of the South ...
What is the Conference Board? A recession proclaimed by committee
Why this matters: After observing a third consecutive disappointing spring season of sales, leasing, and mortgage originations, real estate agents and brokers looking to weather the economic downturn must learn to read a variety of economic fac...
Top Seller Concession Examples for Sellers to Know
Selling a home often involves negotiation. One tool that can help you attract buyers, smooth out deal hiccups, and close faster is the seller concession. Instead of cutting your asking price, you can offer to cover certain costs or provi...
Carmel, IN Homeowners Can Expect a Cool and Dry Fall, Says The Old Farmer’s Almanac
The Old Farmer’s Almanac has issued its Fall 2025 forecast, and Indiana is in for a cooler, drier autumn—as are most of the surrounding states. For residents living in Carmel, that means crisp temperatures, reduced rainfall, and a pictur...
Why you must know the source of your real estate referrals
Brokers, do you know where your agents’ referrals are coming from? McClelland said his research has found that over 30% of buy-side deals came from leads agents paid for from third-party referral companies. “I tell brokerage compan...
A homeless encampment, with pickleball court and garden, becomes both refuge and scourge
Forced from his residence in an old Victorian house to make way for a redevelopment, Tim Gilbert said he was wandering Koreatown in November looking for a place to live when he ducked through a hole in a fence into a vacant lot and found himse...
