As green algae blooms in the waters of southwest Florida, local real estate professionals are preparing to take a hit. Even if the algae is not presently growing in local waters, real estate deals...
Housing Market
Housing Market
Millennial Homeownership Trends Linked to Wealth Disparities
The decision to delay homeownership could have some unexpected effects on younger generations, especially Millennials. According to the Urban Institute (UI), the Millennial generation’s move from...
Online Retail Bolsters a U.S. Industrial Building Boom
Every time you make a purchase on Amazon or using another online retailer, you contribute to a real estate boom most people may not notice. “For every $1 billion of digital retail sales, shipping...
Colorado Mall Fights “Dead Mall” Syndrome with “Experiential Attractions”
As the term “dead mall” becomes increasingly common, the owners and managers of indoor malls are shifting their focus away from anchor stores toward “lifestyle hubs” and other attractions. Food...
Outdoor Showers Could be the Ultimate Upgrade in Certain Markets
Most investors know the value of outdoor living space these days, but many think simply adding a fire pit or a nice patio will suffice to meet picky buyers’ dreams. While this may be true in some...
NAR Chief Economist Calls Spring 2018 a Season of “Unmet Expectations”
Citing “supply and affordability constraints” for keeping would-be homebuyers out of the housing market this past spring, National Association of Realtors (NAR) chief economist Lawrence Yun...
Vacation-Home Markets Still in Recovery Mode
Vacation-home housing markets are lagging in the housing recovery. According to Zillow Research, markets with the highest densities of vacation homes are 9% below their pre-crisis peak in values,...
Real Estate Developers Predict Increased Emphasis on Health & Wellness
According to a new report from the Global Wellness Institute, the number of “wellness-oriented residential, mixed-use, and commercial properties” has risen 6.4% each year since 2015. The Institute...
Senior Citizens May Shape the Future Housing Market
Although millennial homebuyers are making up an increasingly large percentage of the buying population in real estate, senior citizens’ housing preferences will continue to determine the nature of...
Real Estate Agent Sets World Record: $1.9 Billion Sold
Let the “everything’s bigger in Texas” jokes begin. Ben Caballero will laugh all the way to the bank. Caballero, who already held the world record for selling $1.444 billion worth of homes in 2016,...
