Wellness Trend Reshaping Markets McKinsey reports that in the United States alone, the wellness market has reached an estimated $480 billion. 82% of US consumers now consider wellness a top or important priority in their everyday lives, with Gen Z and Millennial consumers purchasing more wellness products and services than older generations. Real estate wellness…
Weekly News Roundup Real Estate Royalty Selling The office market’s downturn is forcing some of the New York’s multigenerational family owners to do something they managed to avoid during world wars, financial meltdowns and a global pandemic: Sell their core properties. Families like the Rudins and the Kaufmans built their New York empires by passing…
Weekly News Roundup Hottest Real Estate Market Dallas-Fort Worth is expected to be the nation’s hottest real estate market for investment and development next year. The annual forecast from PriceWaterhouseCoopers and the Urban Land Institute dubbed D-FW as the best place to buy, build and finance property in the year ahead. The report, Emerging Trends…
Weekly News Roundup Return to the Office America’s historic retreat from the office building may finally be winding down. More companies are backing away from the looser workplace policies they adopted during the early years of the pandemic as executives increasingly recommit to promoting an office culture. One-third of all companies required workers to be…
Weekly News Roundup Crypto Real Estate Retired banker Rick Phillips likes investing in property. But instead of putting down a deposit for a place he has seen, or investing money into funds listed on the stock market, the cryptocurrency enthusiast chooses to buy digital tokens that represent ownership of physical properties. The Los Angeleno is…
Weekly News Roundup Rise of Smart Cities As smart cities evolve from concept to reality, they are redefining how we think about urban development, particularly within the real estate and construction sectors. These urban areas envision a future where emerging technologies such as the Internet of Things (IoT), artificial intelligence (AI), and big data are…
Weekly News Roundup Florida Migration Reversing Across much of Florida and especially along the western coast, a surplus of inventory and dwindling buyer interest are slowing sales and keeping homes on the market longer. Florida’s population soared between 2021 and 2023, making it the fastest-growing state during much of that period. Remote work and other…
Weekly News Roundup Data Center Construction Boom As artificial intelligence and cloud storage hoover up more and more space on the nation’s computer servers, real estate developers are racing to build new data centers or convert existing buildings to data uses. The need is so great, they’re having a hard time keeping up with demand…