Tune in this Saturday from 10 AM to 12 Noon on AM970 The Answer for a new episode of Eye on Real Estate, the longest-running real estate talk show on radio. Whether you're buying, selling, investing, or simply curious about the housing market, this show offers expert insights, practical advice, and engaging discussion.
About Dottie Herman
Dottie Herman is one of the most influential figures in American real estate. She began her career in 1978 and rose to become CEO of Douglas Elliman, one of the largest residential brokerage firms in the country. Recognized by Forbes as the richest self-made woman in real estate, Dottie brings decades of experience and a deep understanding of market dynamics to every broadcast.
Co-Host: Lucas A. Ferrara
Joining Dottie is Lucas A. Ferrara, a distinguished attorney and real estate expert. A partner at Newman Ferrara LLP and an adjunct professor at New York Law School, Lucas is known for his sharp legal insights and dynamic commentary. His expertise in property law and litigation adds a valuable dimension to the show.
About the Show
Eye on Real Estate has built a loyal following over the years by demystifying the real estate world. From market trends and legal updates to homeowner tips and investment strategies, the show is a trusted resource for listeners across the tri-state area and beyond.
This Week’s Topic: Downsizing and Housing Shrinkflation
This Saturday’s episode explores the growing trend of downsizing and the impact of shrinkflation on housing. While shrinkflation is often associated with consumer goods—where product sizes shrink but prices stay the same—it’s increasingly relevant in real estate. In housing, shrinkflation can mean smaller living spaces, fewer amenities, or reduced construction quality, all while prices continue to climb.
Key housing shrinkflation trends:
- The average size of new apartments in major cities has decreased by over 10 percent in the past decade, even as rents have risen.
- Many new developments offer fewer closets, smaller kitchens, and reduced ceiling heights to cut costs.
- Some homeowners are opting to downsize voluntarily, trading space for affordability, especially in high-tax or high-maintenance areas.
- Retirees and empty nesters are leading the downsizing movement, with nearly 40 percent considering smaller homes to reduce expenses and simplify their lifestyles.
Call In Live
Listeners are invited to call in during the show at 866-970-9622 to ask questions or share their experiences.
Missed the Show?
Catch the replay on your favorite podcast platform or visit AM970 The Answer online.
You can also find out more about the show here: https://am970theanswer.com/radioshow/eye-on-real-estate
Whether you're thinking about making a move or want to understand how economic shifts are reshaping the housing landscape, this week’s Eye on Real Estate is a must-listen.
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To view some of Lucas's other projects, click here: https://linktr.ee/lucasaferrara
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