Boroughs & Burbs, the National Real Estate Conversation

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🎙️ Get ready for an insightful episode of Boroughs & Burbs, Episode 106, as we dive into the captivating world of Palm Beach, Florida. Joining us are esteemed realtors Johnny Wilson, Christopher Leavitt and Whitney McGurk, alongside Palm Beach property manager Tony Mauro.

Palm Beach boasts a real estate market that commands attention, with a median listing home price of $2.8 million and a median listing home price per square foot of $1,700. The market is sizzling with 266 homes for sale and 425 for rent.

We'll explore the dynamics of this prestigious market, raising questions such as:

Is the ultra-luxury market in Palm Beach still robust, or is it showing signs of a slowdown?

With stars like Messi and Brady flocking to Miami, is Miami beginning to challenge Palm Beach's allure?

 To what extent are hedge funds responsible for the frenzied market activity in Palm Beach?

How is the concept of "season" evolving in Palm Beach, and when does it typically start?

Are foreign buyers still a significant factor in Palm Beach, or has their influence waned?

The issue of uninsurable properties in Florida is making waves. How is this impacting the luxury market?

 Steve Ross's notable acquisitions in commercial property—what's driving this trend, and is commercial property keeping pace with the residential sector?

Seasonality presents unique challenges for property managers in the luxury market. What are they facing?

 We'll also explore the changing demographics of buyers and where they're originating from.

Don't miss Episode 106 of Boroughs & Burbs, where we unravel the nuances of Palm Beach's real estate landscape and tackle these compelling questions with our distinguished guests. Tune in and gain valuable insights into one of Florida's most coveted markets.

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🎙️ Join us this Thursday at 3 PM ET for Episode 105 of the Boroughs & Burbs podcast, where we explore the charm of suburban Boston in the episode titled "The Best of Boston Isn't in Boston" It’s time to get educated on Wellesley & Weston where the average house is now $5.95 million. Our special guests, Jon Shore & Joni Shore & Craig Brody are experts on changes in the suburban Boston market and will provide unique insights into what's hot in this thriving region, with a particular focus on the towns of Weston and Wellesley, Massachusetts.

 These towns are home to a wealth of educational institutions, including four colleges and the #1 public school system in the state. Discover what makes Weston and Wellesley so enticing, from their top-ranked schools like Weston, which holds the #1 spot, to the numerous universities, biotech firms, and healthcare facilities that dot the landscape. Located in close proximity to Boston, these towns offer the perfect blend of suburban tranquility and urban accessibility.

 Wellesley boasts three prestigious colleges—Mass Bay, Babson, and Wellesley College—while Weston is home to Regis College. Weston stands out with the highest per capita income in the state and ranks as the third most affluent town of at least 10,000 residents in the entire country. One key driver of their popularity is the stellar reputation of Weston's public schools, consistently recognized as among the best in both Massachusetts and the nation.

 Don't miss this opportunity to gain a deeper understanding of the allure and opportunities offered by suburban Boston, as we delve into the educational, economic, and lifestyle highlights of Weston and Wellesley. Tune in to Episode 105 this Thursday at 3 PM ET on the Boroughs & Burbs podcast.

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🎙️ Join us today for an enlightening episode of the Boroughs & Burbs podcast, Episode 104: "Waterfront Home Design," featuring our special guests, Mary Burr and Ryan Salvatore of Burr Salvatore Architects and Scott Hobbs of Hobbs Inc. Waterfront properties are hotter than ever, with record prices being set both nationally and locally. From the $85 million Great Island in Darien to the iconic "Gatsby" estate on Shippan Point in Stamford, and now a staggering $139 million waterfront record in Greenwich at Copper Beach Farm, it's evident that waterfront living holds a unique allure.

As we enter hurricane season and grapple with the challenges posed by global warming, it's crucial to discuss smarter, more resilient waterfront home design. Join us for an insightful conversation about current trends and the essential elements for a successful waterfront project. Don't miss this opportunity to gain valuable insights into the fascinating world of waterfront home design.

Whether you're planning to build your coastal haven or simply curious about the process, tune in today to Boroughs & Burbs, and let's explore the beauty and intricacies of waterfront living with our experts.

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Join us this week on "Boroughs & Burbs: The National Real Estate Conversation" as we're joined by special guests Alex Parker and Kat Carpou. Together, we'll delve into the captivating real estate landscape of South Orange County, encompassing renowned areas like Newport Beach, Laguna Beach and Dana Point. Recently dubbed "the Priciest Zip Code in America" by the Wall Street Journal, we'll uncover the allure and trends behind these prestigious neighborhoods. Discover what makes this region a magnet for luxury properties, as Alex and Kat share insights into the factors shaping its unprecedented real estate values. Tune in for a concise exploration of South Orange County's housing market dynamics and its impact on the broader real estate realm.

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Get ready for an enlightening episode of "Boroughs & Burbs: The National Real Estate Conversation"! In Episode #102, we're taking a global perspective as we delve into the fascinating real estate dynamics of Sydney, Australia.

Our special guest, Dominic Longcroft, will shed light on some intriguing aspects of the Sydney housing market that might surprise you:

🏠 Did you know that realtors in Sydney earn a salary, setting a unique precedent in the real estate world?

🏠 Most houses are sold within a brisk 6-week process, culminating in an auction right on the front lawn. The buyer and seller then sign contracts on the dining room table immediately following the auction.

🏠 Mortgages often span just 2 years before requiring refinancing. This distinctive approach undoubtedly shapes the housing market – but how?

Join hosts John Engel and Roberto Cabrera as they explore the Sydney housing market's nuances and its implications:

🏠 How does the 2-year mortgage cycle impact the market's stability and homeowner strategies?

🏠 With rental rates struggling to keep pace with volatile interest rates, how are investment properties faring?

Gain valuable insights into Sydney's real estate scene and discover its impact on the broader housing landscape.

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This week on the show we have Peter Barhydt, editor in chief of the Greenwich Sentinel, the local newspaper for Greenwich, Connecticut and Mark Pruner, author of the Sentinel’s wildly successful real estate column and real estate reports.

 Wait, did he say newspaper? I thought newspapers were a thing of the past. Apparently not in Greenwich, Connecticut.  This exclusive community of 63,000 (including 800 licensed real estate agents) loves loves loves their weekly newspaper. With a paid print subscription of over 6,000 Greenwich homes and businesses and digital distribution to over 20,000 more the Greenwich Sentinel reaches more Greenwich residents than any other local news. Why is it so successful? What is the appeal? We’re going to get into the role of the small-town newspaper in today’s market, and specifically how it has changed in the last few years. Is real estate advertising and information moving online or are we rediscovering the role of classic journalism and long-form reporting? What is the role of print, and why is a newspaper still relevant to realtors and their clients in today’s high-tech world?

 And, since this is a podcast that revolves around real-estate we have to talk to Mark Pruner. His column on real estate is #1 in the Greenwich Sentinel and includes all of the market report charts and graphs we need and his insightful analysis to make sense of them. His open house list is essential for both agents and clients to plan their weekends and keep up to date with the market. His blog GreenwichStreets.com has almost 10 years of monthly reports on the Greenwich market. It often comes up first in Google searches for Greenwich real estate information. We are going to explore how these pieces work together, and how Mark’s column, blog and reports contribute to his reputation as a realtor, an influencer, and marketer in one of America’s most hotly contested luxury real estate markets.

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The news is full of contradictions. We hear talk of an inflationary bubble and runaway housing costs are met with Fed tightening and the end of the stimulus. A record number of Millennials are starting families, experiencing record low unemployment and rising wages. And yet those wages aren't keeping pace with record inflation. Add to this supply chain problems, a lack of affordable housing, bank tightening and rising commodity prices seem to add a level of uncertainty not seen in our lifetime. This week we want to talk economics. We are trying to separate the signal from the noise. Our guest is a man who has been studying housing prices since founding his firm in 1986. We'll ask Jonathan which of those headlines matter most to the real estate market, and which we can safely ignore.

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We have top designers Sergio Mercado and Roric Tobin on the show.
We have realtor Jonathan Stein, listing agent for the show house, the historic River Mansion at 337 Riverside Drive at W 106th Street in the Upper West Side of Manhattan. We have Lisa Ben-Isvy, PR, publicist, promoter and publisher of fine interior designers in New York City.

We want to know about Sergio's design for this year's show house, what inspired it, and what has been the reaction in the market.

For 47 years, Kips Bay Boys & Girls Club has celebrated the best of interior design by transforming a luxury Manhattan home into an elegant exhibition of fine furnishings, art, and technology. 

In 2017, Kips Bay Boys & Girls Club expanded the brand to Palm Beach, with the sixth iteration of the Kips Bay Palm Beach Decorator Show House in the Winter of 2023. 

The tremendous success generated by the Palm Beach Show House enabled Kips Bay to expand their market once again, with the launch of the Decorator Show House in Dallas, Texas in the fall of 2020.  The Dallas Show House became a one-of-a-kind event in this area of Texas and the country, allowing Kips Bay to showcase a whole new region of the country in extravagant fashion.  

The highly anticipated 48th Annual Kips Bay Decorator Show House is back and has claimed the historic River Mansion at 337 Riverside Drive at W 106th Street in the Upper West Side as its location. The Show House will be open to the public for one month beginning Thursday, May 11th, 2023. The Show House doubles as the nation’s leading design event of the year and benefits the Kips Bay Boys & Girls Club.