The shifting climate patterns and changes in weather conditions, as brought about by climate change, are largely affecting many aspects of our lives. The real estate industry is expected to feel the rippling effect of various the various impacts of climate change, such as excessive rain.
For anyone that is unfamiliar with the term urban sprawl, it refers to the gradual urbanization of otherwise undeveloped or rural land space. Urban sprawl can be any type of urbanization such as low-density residential development, high-density residential development, or commercial development. It can even mean infrastructural development, such as roads, power lines, water processing facilities, and other core urban structures spreading into rural lands. Regardless of the specific type of urban sprawl, the one constant factor is that human civilization has been creating urbanization since the end of hunter-gather societies.
Industrial properties are not as glamorous as other types of real estate investments. With the rise of the digital era, more companies are now shifting their focus to building an online presence. However, this does not spell the end of the industrial space. In fact, many of the most dominant online companies’ still need storage and distribution centers.
Commercial real estate has been booming for the past several years. In fact, 2018 was a great year for the commercial real estate business. During 2018, a number of interesting trends took off. Many of these are expected to continue through the end of 2019.
In the traditional context of the English language, the word gentry had a very specific definition. It referred to a landowner who did not have to work the land for his income. The word has a connotation of wealth. In urban studies, the gentrification of a neighborhood tends to indicate the influx of wealth into a formerly poor or working-class area.
Few adults have forgotten the fiscal horror of the subprime mortgage crisis and the resulting economic recession. While most of the country has rebounded, there are still a few areas that are actually still struggling to regain pre-recession conditions. The recession itself, as well as a number of laws and policies regarding how mortgages are handled have also had a direct impact on the real estate industry.
There are few industries or sectors that are not being rapidly transformed by technology and real estate is no exception. From smart homes to smart contracts, drastic changes are taking place in real estate. This is making it easier, faster and cheaper to buy and sell properties, which is also putting home ownership and even real estate investment within the grasp of more and more Americans.
Flipping a house is often presented as an easy way to get a lot of money, but don't let HGTV fool you. Flipping a property takes a lot of work. It starts with the type of house you pick in the first place because this makes a big difference to the outcome. If you want...
The real estate market is always in flux. In 2018 the market took off quickly but quickly cooled off halfway through the year. Even with the slow market, plenty of individuals bought property last year. But what does that mean for 2019? Will the housing market thrive in the current economic climate?
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