Developers tend to focus on the type of housing that maximizes profits, and a recent trend to build luxury homes has faded a bit in favor moderate-income properties. As a result, the average new home has dropped from 2,500 square feet to 2,320.
Bubble fears are based on memories of the housing meltdown more than reality, some experts say. As long as buyer demand remains high and new-home production low, there's no bubble to burst. Prices are a result of demand, not risky lending.
The Qualified Opportunity Zone (“QOZ”) program was created by the 2017 Tax Cuts and Jobs Act to encourage economic growth in underserved communities through tax incentives for investors who utilize “Opportunity Funds” to invest in the Zones.
This course offers a broad overview of the basics of commercial real estate and how it differs from residential real estate. This is an ideal introductory course for those who are newly licensed and/or residential agents who want to learn more about commercial real estate.
In Q3 2018, investment sales were up, sales volume rose by 1.6 percent on a yearly basis, and cap rates moved sideways. Low inventory remained the principal concern for REALTORS®, as a wide pricing gap between buyers and sellers affected over 20 percent of respondents. Prices grew 1.4 percent year-over-year. Leasing activity trended upward, as […]