2019 real estate trends underscored by uncertainty

ULI forecasts high levels of uncertainty when it comes to technology, demographics, and affordability

 

By Pro Builder

The Urban Land Institute’s real estate trend predictions for 2019 include high levels of uncertainty when it comes to the impact of technology, demographics, and affordability, on the real estate market.

Curbed reports that the group predicts that technology, including increased use of artificial intelligence, will likely contribute to changes in both construction and home sales in 2019, though their exact implementation is unclear. In addition, multi-family developers will continue to get creative with amenities in an attempt to attract tenants. Cities and developers will also be forced to deal with a dire housing affordability crisis and demands for sustainability in the industry.

After years of steady growth and low interest rates, many observers anticipate a correction, especially in the face new technology, generational and demographic changes, the rise of new markets, and the continued winding-down of traditional retail. One survey respondent described the feeling of “coming off a peak,” and others have said the “low-hanging fruit has been picked.”

READ ON:

Share this!

Additional Articles

News Categories

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

December 2018
M T W T F S S
 12
3456789
10111213141516
17181920212223
24252627282930
31