In the good old days, clients rarely had difficulty with homeowners insurance. That has changed. Now, properties with seemingly low risk profiles are being non-renewed. Purchasers are having trouble getting properties covered pre-closing. Fortunately, LandVest clients are supported by our network of [...]
The late days of summer are full of news about growing inventories of listed homes, more price reductions, and stock market volatility. That said, the first meaningful reductions in mortgage rates in 2024 offers the prospect of future savings in financing [...]
By Ruth Kennedy Sudduth, Principal and Vice Chair of LandVest's Board of Directors, Director of LandVests Fiduciary and Family Office Consultancy
Economists are known for their two hands:
On one hand, wealth creation, demographics and underbuilding support the market.
On the other hand, overly ambitious pricing and more inventory are a
The 2024 Outlook by LandVest is a 3-part series of analysis and insights on the investment land and luxury residential markets.The perspectives outlined in this series are informed by performance in our investment land, residential, and fiduciary consulting business units and in consultation with over 70 real estate professionals from
Last quarter we addressed the crosscurrents in the real estate market: tight inventory, sellers frozen in place by their existing low mortgages, buyers still searching for the life they want, millennials continuing to come into the market.
Now the tide is turning: The high water of the COVID-era seller's market is retreating. The ebb tide is leaving fewer buyers in the waters and sellers more exposed to navigational [...]
We are grateful for the opportunity to collaborate with amazing people committed to special places.
Jean Abouhamad, of SEA-DAR Construction exemplifies this.
Jean and Charlie Reed own the Ayer Mansion, Louis Comfort Tiffanys only surviving residential interior and exterior design, which they purchased to ensure its ongoing life as a [...]
Early this year we talked about one truth and three themes:
One Truth: When there isnt a structural imbalance, real estate follows wealth and employment.
Three Themes:
The luxury market feels solid, but trendless, best described as experiencing [...]
One Truth: When there isn't a structural imbalance, real estate follows wealth and employment.
Three Themes:
Is There a Structural Imbalance in Real Estate Currently?
If there is any structural imbalance, it is persistent lack of supply, not speculative [...]
The implications of the statewide ballot initiative imposing a surcharge on Massachusetts incomes above $1 million are rippling across markets.
It is an honor for LandVest to partner with other leaders in the high-net-worth advisory space to help our clients navigate change. Together with two experts, [...]
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