As the Millennial generation ages, their home preferences are changing. Survey data from NAHB suggests that Millennials are in the midst of starting and raising families. Thus, a desire for homes that better fit that need. Roughly 55% of Millennials surveyed prefer 2-story homes with between...
Many people say there is an urban housing crisis. With a growing influx of people moving to metropolitan city centers, finding reasonable housing becomes progressively challenging. The housing market in these areas are overpriced and highly competitive, especially as housing costs outpace wage growth. Some...
2019 is the last year possible to see the maximum benefits of investing in an Opportunity Zone, a program that offers tax incentives for investments in low-income areas. And according to some, we will likely see an influx of investors trying to capitalize on that...
“What are the amenities” is a question that is prevailing in every sector of real estate. A concept that once existed primarily in the hospitality industry now permeates both residential and commercial trends, with different desired amenities based on the different generations. Between the three...
There is a growing sense of disconnectedness in the world. Several factors go into this: perhaps our family and friends live far away, maybe our neighborhoods lack the intentional design for cultivating connection, or it might be that we are so engaged via devices that...
A brief thought on Home Buyers attitudes towards the market....
A few decades ago, the value of a college degree seemed to increase as the price of attaining one did the same. Unfortunately for many contemporary young adults, this trajectory hasn’t maintained course. The cost of higher education continues to increase but attaining a degree...
Even if the traditional mall isn’t the entertainment epicenter it once was, mixed-use spaces and the like have still found use for the classic mall blueprint. One of the most familiar elements brought over from the mall era is the anchor tenant. The business that “anchors”...
Energy efficient technology in real estate has evolved from an innovative trend to a must-have feature. In both residential and commercial development, energy-saving initiatives raise property values and prioritize a focus on the future. Residential The National Association of Home Builders conducted a survey on the needs...
While renters are eager to see smart technology incorporated into multifamily design, many home owners just want to get back to the basics. According to a recent report released by the National Association of Home Builders, homebuyers want less fancy features and more function. Laundry Rooms It...