Is Recycled Plastic the Next Big Sustainable Building Material?
Plastic tends to have a bad reputation, and for good reasons. The ubiquitous material is one of the leading causes of pollution worldwide, with the vast majority of the material not recycled, according to the National Resource Defense Council. It’s used in almost everything we use daily, from electric vehicles to toys to floor rugs. […]
When the Economy Rebounds, Will Developers Be Ready?
Almost every business is watching the economic news right now, looking for signs of the impending recession. But even though almost no business is immune to a recession, the effects of it are felt differently in different industries. Real estate developers, for example, have a unique view of recessions. Their projects take months to plan […]
FILING FOR HOMESTEAD EXEMPTION IN 2023
Homeowners may need to provide their Warranty Deed book and page, proof of residence, social security numbers, driver’s license and car tag info. In most counties, to be eligible for the current year, you must have owned and occupied the property as of January 1st . If the property is located within city limits, the […]
Here Are the U.S. Cities Where Home Prices Rose—and Fell—the Most in 2022
By any definition, 2022 was one wild, white-knuckle roller coaster of a year for real estate. Demand and home prices hit new highs, before abruptly turning in the opposite direction in response to higher mortgage interest rates. With so much churn and fluctuation in markets across the U.S., it’s been a challenge all year to […]
New Standards Aim to Make Building Construction Less Wasteful
Much of the talk about green buildings centers on operational energy consumption and, increasingly, carbon emissions. But there are many aspects of sustainable commercial buildings, and one that’s garnering more attention lately is the massive amount of waste generated during construction and demolition. The statistics are eye-popping when you take a closer look. Construction and […]
Despite Market Turbulence, Industrial Real Estate Will Continue To Boom
There has arguably never been a more robust year for industrial real estate. Construction companies completed 121.4M SF of industrial in Q3 2022, the second-highest quarterly total on record. Demand has more than kept up, and vacancy rates trended downward for the seventh straight quarter to a record low of 3.3%. Though macroeconomic instability is […]
Mortgage Rates and Home Prices Favor Buyers—but How Long Will This Christmas Miracle Last?
Christmas has arrived early for America’s homebuyers! And it’s not just one gift, but two that should make them giddy. Gift No. 1: lower mortgage rates, which have been falling for the past four weeks. “Housing data in the week that followed the Thanksgiving holiday showed that the recent dip in mortgage rates may already be having […]
Large Indoor Parks Show the Value of Office Greenspace
As we inch towards the third year alongside the existence of COVID-19, the pandemic’s impact seems more visible in some places than others. Restaurants and bars are crowded again, air travel has rebounded, and mask mandates have eased save for specialized facilities. Yet the dreaded virus has forever changed how people work, which means it […]
Atlanta Is the Best Place to Live in the U.S.
Money’s Best Places to Live list has been around for 35 years and counting. And if you’ve come across it in any one of those years, you know that Atlanta is very different from the kinds of places that usually make the cut. Especially at the very top. This is no accident. At a time when people […]
The Strong Dollar is a Double-Edged Sword for Real Estate Investors
While the dollar won’t get you as much in the U.S. these days, in most other places in the world, a dollar can buy more than ever. As a result of the Federal Reserve’s hawkish stance on interest rates due to continued inflation, overseas markets in turmoil due to the war in Ukraine, and Europe’s […]
The Silver Tsunami’s Impact on Real Estate
Long considered a niche real estate investment, the need for senior housing is stronger than ever. The Baby Boomers, which have had an outsized presence both by numbers and economic might compared to previous generations, are now comfortably within their golden years, the youngest being 58 and the oldest being 76 years old. Because of […]
Manufactured Developments Are Becoming More Favorable in the Multifamily Sector
Thanks to high interest rates, supply-chain bottlenecks, and increased commodities cost for raw construction materials, prefabricated home construction is picking up speed as a substitute for traditional multifamily developments. The prefabricated construction category includes modular units (which are homes built in a factory and later assembled on-site), and manufactured houses (which are also factory-assembled but are built […]