No Signs of a Summer Slowdown: Why Sellers Should Act Now

 By Louise Phillips Forbes

With 34 years of experience in residential real estate and nearly $6 billion in career sales, I can confidently say: the so-called “summer slump” is nowhere in sight. Buyer demand remains strong, inventory is moving, and motivated sellers are successfully closing deals. The momentum of the spring market has rolled right into summer—and that means opportunity! 

Serious buyers are still actively searching, but soon their attention will shift to summer getaways, sleepaway camps, and second homes. For sellers, my message is clear: If you’re considering listing, don’t wait. Focus on the fundamentals: Preparation, Presentation, and Pricing.

Preparation
With renovation costs continuing to climb, how you present your home can be even more important than how you price it. A well-prepared property portfolio creates emotional impact, cultivates trust, and minimizes buyer objections before they arise.

Presentation
When it comes to presentation, less is more. How we live in a home is very different from how we market it. Sellers should edit down personal items, reduce visual clutter, and rearrange furniture to highlight space, light, and versatility. Buyers need to envision themselves—and their future—the moment they step through the door.

Pricing
The market is no longer looking back. Buyers are evaluating value based on today’s active listings, not sales from months ago. Pricing must reflect what’s happening now. And if interest is slow? As I always advise my clients: “If you haven’t gotten any offers, it’s time to sharpen your pencil and meet the market.”

Representing both sellers and buyers at Brown Harris Stevens, I’ve already closed or put under contract nearly $50 million in prime New York City real estate this year. The opportunities are here, but they won’t last forever.

The summer market is real. The time to act is now.

Xoxo,
Weze


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The New Face of Luxury Real Estate for 2025: How Shifting Buyer Preferences Are Creating New Opportunities

By Bianca D’Alessio 

Nest Seekers International | The Masters Division | Founder

Nest Seekers Development Marketing | Managing Director

As we close the book on 2024 and approach 2025, evolving buyer preferences are reshaping luxury real estate in the most dynamic market across the country—New York, Boston, and Miami. These vibrant cities are witnessing a surge in demand for properties that goes above and beyond the standard notion of luxury. Today’s buyers are more discerning than ever, seeking properties that transcend aesthetics and design, and are defined by personalized experiences, as well as a commitment to smarter and more sustainable living. 

->Driven By Experience 

Standout architecture and premium finishes are no longer enough to impress buyers and renters in today’s market —it’s about the experience a property delivers. Over the past year, we’ve seen a major shift toward amenity and service-driven properties that align with the modern lifestyle, especially when it comes to leisure and well-being. These buyers work hard and play hard, and are increasingly willing to trade in square footage for more enhanced living experiences. They are gravitating toward features like thoughtfully-curated fitness and spa facilities, Olympic-sized pools, and professional-grade pickleball and basketball courts. Exclusive dining lounges as well as outdoor spaces have also emerged as essential value-adds.

Developers are responding to these demands by not only integrating experience-focused features into new developments but also activating them in novel ways through strategic partnerships, access and programming. In cities like Miami, Boston and New York, this trend is only increasing as we work closely with developers to establish elevated experiences that fulfills the needs of the more affluent and aspirational buyers.

->Eco-Conscious Living 

Today’s buyers are not just looking for an impressive property but a forward-thinking one. The luxury sector is seeing a surge in demand for sustainable buildings, with developers in all three cities incorporating eco-friendly designs. From energy-efficient appliances to LEED-certified construction and eco-conscious materials, these sustainability measures appeal to buyers willing to pay a premium for properties that align with their values.

Boston, in particular, is seeing a rise in demand for green buildings. Properties incorporating energy-efficient systems, green roofs, and sustainable materials appeal to buyers who prioritize the environment without compromising on style or luxury. In Miami, developers are considering resilient, climate-responsive designs, with hurricane-proof structures and elevated foundations becoming more prevalent in high-end markets. This is also a priority for a new generation of younger buyers who strongly emphasize sustainability into their entire lifestyle.

One of our best-selling development projects in the past year was 110 North 1st in Williamsburg, Brooklyn. Entering the market as a mid-sized condominium building offering a curated package of spa-inspired amenities and services, the building outperformed all of the other competing projects in the neighborhood.

->Looking Ahead 

As 2025 approaches, the luxury markets in New York, Boston, and Miami and beyond will continue this exciting evolution to align with the values of today’s buyers. Sustainability, experiential features, cutting-edge technology, and personalized services will take center stage in a way we have never seen before. There will be an even stronger focus on enhanced smart home and security systems and hospitality-inspired offerings such as wellness programs, curated events, dining, and concierge services.

Stay connected! Follow Bianca D’Alessio on Instagram for more insights: www.instagram.com/biancadalessio


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