With mortgage interest rates hovering around 7%, prospective buyers are facing a challenging landscape with limited housing inventory and escalating home prices to boot.
“The economy’s always adapting,” she added. “There’s never been a 20-year period where something stays the same. And with commercial real estate, you have the ability to transform a building into something else. I mean, you can subdivide it, you can market it to different types of users… I think usability is more vast when it comes to commercial real estate in general.
Serhant’s firm includes a cinema-quality production studio that produces those videos in-house, which Shenker has made innovative use of.
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