Real Estate trends

Summary of Emerging Real Estate Trends 2024 and Beyond   Summary of emerging real estate trends 2024 and beyond covers the comprehensive report created by PWC and the Urban Land Institute for 2024. Their detailed report is a roadmap of both sentiment and performance across the varying types of real estate. It includes the current data and projections for commercial, residential and industrial real estate, breaking them down by performance, outlook, and location within both Canada and the United States. Since the report is quite extensive, consisting of more than 100 pages, I'll be attempting to sum things up. All charts posted are...

©Featured image copyright Bonnie Meisels   Economic Outlook For 2024   The economic outlook for 2024 as we look ahead to 2024, we have to consider the economic outlook on a global scale, as well as within specific regions such as Canada and the Quebec province. Three key factors that will play a significant role in shaping the economic landscape are interest rates, consumer confidence, and real estate. Interest rates have a direct impact on borrowing costs and investment decisions. As we move into 2024, it will be crucial to monitor whether central banks opt for tighter or looser monetary policies. The trajectory of interest...

Gary Keller's Real Estate Market Insights 2023   Gary Keller's real estate market insights for 2023 give us the visual data and breakdown of how many U.S. households have no mortgages on their property. What percentage of homeowners have more than 50% equity in their residences, and lastly, what percentage of owners still have a mortgage in the U.S.   The data is very insightful as it provides a surprising picture of current real estate equity. The percentage of people with less than 50% equity in their property was found in the smallest group of the 3.   https://youtu.be/hPAlEA5bFYo?feature=shared A look at the latest insights on the...

Image® Bonnie Meisels all rights reserved Average home price to end the year 4.8% lower than 2022, will rise 4.7% in 2024 According to CREA, the Canadian Real Estate Association, the average home price to end the year lower by 4.8% but to rise again in 2024.   “As the spring market heats up and it looks as though some buyers are coming off the sidelines, it's important to remember that the intense market conditions of recent years have not gone anywhere, they've just been on pause,” said Jill Oudil, CREA's chair, in a press release."   Canadians are re-entering a market that's seen months of...

Do You Really Want To Do Home Buying Visits With Rosie The Robot? Do you really want to do home buying visits with Rosie the robot? How does that sound? For myself personally, that would quite honestly be a non starter! I'm not afraid or anything like that. It's just the thought of doing a home search with a machine has zero appeal for me. Over their lifetime, real estate brokers and / or agents will buy, sell and rent property for themselves, me included.  There is an emotional component to the process. After all we are human and not completely logical! ...

@photo by Dall-E-2 Exploring the Potential of Blockchain and AI in Real Estate Exploring the potential of blockchain and AI in real estate, two of the most powerful technologies that will transform  the real estate industry in the not so distant future.  Blockchain technology, which is the backbone of cryptocurrencies like Bitcoin, is a decentralized digital ledger that records transactions across a network of computers. This technology allows for secure and transparent record-keeping, and it has the potential to be used for a wide range of real estate applications. One of the most significant ways that blockchain technology could impact the real estate industry...

Best Places to Invest in Canadian Real Estate Introduction Real estate is a great way to grow your money and invest in the future. In Canada, you have many options for investing in real estate, but only some are the best places for long-term growth. This article will focus on the best cities to invest in real estate in Canada so that you can start planning your next big investment. Montreal is the Best Canadian City to Invest in Real Estate Montreal is a great city to live in. It's affordable, has a vibrant culture, and it's booming with new businesses. The food scene...

Photo by ®Bonnie Meisels   Highlights: Emerging Trends Report 2023 - by PWC & Urban Land Institute     Highlights: Emerging Trends Report 2023 by PWC & the Urban Land Institute:   The report is a whopping 109 pages long but worth the read. It goes into great detail and has tons of data on past market performance, inclusive of the market outlook for 2023. U.S. locations are classified as "Magnets, The Establishment, Niche, Backbone, and then further classified as Sun Belt, 18 hour cities, supernovas, etc .   These classifications are also ranked by location and property sector, and demand. It succeeds in identifying possible opportunities or waning...

  photo by ®Bonnie Meisels Montreal Market Forcast 2023: Trends, Statistics And Potential Opportunities     The Montreal market forcast for 2023 will depend on mostly two things, the state of interest rates and inventory. It feels like it was only a few months ago that I was writing the Montreal market forcast for 2022, I honestly don't know where this year has gone as it feels as if time flew by so fast, especially the last six months! As we all know inflation, evidenced by the price of gas, food, and continuos rising interest rates, continue to put a huge strain on people. The question...

How to build a home for less than $50,000 How to build a home for less than $50,000 is a shorty or mini blog post on the new small home and pre-fab housing trends. There's nothing like a visual. I'll probably do an update to this post as new technologies and innovations come online in the near future. Watch this space, it's going to get even more awesome! Via Better Homes & Gardens A new trend in housing, small homes! https://www.youtube.com/watch?v=srWhBxJIgFM You'll be amazed at the transformation from your ordinary shipping container into some modern, eco, masterpieces. Check out this article from Linkbeef; 23 Surprisingly Gorgeous...

Homes Sprouting Up Around Farms - The Birth of Agrihoods Homes Sprouting Up Around Farms - The Birth of Agrihoods is about a real estate trend and in my humble opinion, the sustainable future of real estate development.  This past sunday, CBS Sunday Morning, one of my all time favorite shows that I've been watching for over 25 years, featured an inspiring story about "Agrihoods" that is an exemplary example of sustainable real estate development. The piece features Steve Nygren, "The Founder and President of Serenbe, a 1,000-acre sustainable community near Atlanta’s Hartsfield-Jackson International Airport. Serenbe is focused on land preservation, agriculture, energy...